Chain drug store operators are unique among mass market retailers in many ways, none more dramatic than the separation of the pharmacy and front-end businesses. In fact, they are actually two separate businesses, neither overly dependent on the other for success.
CHAPTER 8: TOWARD A NEW MODEL OF COLLABORATION AND COMPETITION All new healthcare business and operating models must rapidly embrace technologies that are fundamentally collaborative; building ecosystems of value-enabling partnerships is both strategic and an operating imperative.
Alex Gourlay and Ornella Barra have been named co-chief operating officers of Walgreens Boots Alliance Inc. (WBA). Gourlay had been president of Walgreens, and Barra president and chief executive of global wholesale and international retail. Both had also been executive vice presidents of WBA.
June 1 marked the opening of Rite Aid Corp.’s first new distribution center in 16 years.
The National Association of Chain Drug Stores has backed legislation that would increase Medicare beneficiaries’ access to pharmacist-provided services. NACDS issued a statement urging members of the House Ways and Means Subcommittee on Health to support H.R. 592/S.
Accountable care organizations (ACOs) face a major hurdle under a ruling by the Internal Revenue Service. ACOs are groups of doctors, hospitals and other health care providers, possibly including pharmacists, who voluntarily come together to give coordinated high-quality care.
Walmart’s investments in its people and in technology are paying off as the giant company seeks to “reimagine retail” and find new opportunities for growth.
CVS Pharmacy has teamed up with the American Diabetes Association (ADA) in an exclusive partnership that is intended to raise awareness and funding to fight the condition, which afflicts more than 22 million Americans.
In keeping with its mission to provide care beyond the prescription, Ritzman Pharmacy has launched “Ritzman Revives” workshops, a four-part series themed “Food is Medicine.
For the second consecutive summer, the National Association of Chain Drug Stores is extending a national tour that trains pharmacists to train their colleagues in administering point-of-care testing in community pharmacies.
MinuteClinic, the retail clinic arm of CVS Health, has expanded its services and introduced a digital tool designed to make accessing those services more convenient for patients.
Joe Scarborough and Mika Brzezinski of MSNBC’s “Morning Joe” will keynote the 2016 National Association of Chain Drug Stores Total Store Expo.
The Rite Aid Foundation’s KidCents program has made a three-year, $6 million commitment to Folds of Honor, a nonprofit group based in Owasso, Okla., that provides educational scholarships to children of fallen or disabled service members.
The appointment of Alex Gourlay and Ornella Barra as co-chief operating officers of Walgreens Boots Alliance signals the start of a new stage in the process of forging the two companies that came together to form WBA at the close of 2014 into a new corporate culture.
The aftermath of mergers and acquisitions or other industry “disruptions” can be unsettling, to say the least. The dust is often kicked up, and the traditional foundation feels shaky at best. A June 2014 article by McKinsey & Co., “How U.S.
How much is a dietary supplement worth to you? Your daily multivitamin, fish oil capsule or protein powder may fill in your nutrition gaps, protect your cardiovascular system or promote muscle growth after a workout, but can you really put a price on their value? That’s a question that has challenge
