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CVS to offer next-day prescription delivery

CVS Pharmacy will launch next-day prescription delivery nationwide in early 2018. As part of the CVS next-day prescription delivery rollout, same-day delivery will be available in selected cities, with the service beginning in New York next month.

McKesson buys RxCrossroads

McKesson Corp. has agreed to buy RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The deal, expected to close early next year, is valued at $735 million, or about $635 million net of the present value of incremental cash tax benefits.

Kmart offers memory screenings

Kmart Pharmacy has partnered with the Alz­heim­er’s Foundation of America (AFA) to offer free memory screenings. During November, which is Alzheimer’s Awareness Month and National Memory Screening Month, all Kmart Pharmacy U.S.

Innovators drive expansion of health categories

Innovators drive expansion of health categories

New categories can develop when product innovation meets a consumer’s unmet need in a way that no existing category has provided. Retailers that adopt a new category or subcategory early can gain an edge over their competitors. Emerging retail categories disrupt and change the retail market.

Industry mourns SDM founder Murray Koffler, 93

Industry mourns SDM founder Murray Koffler, 93

Murray Koffler, who over 50 years ago founded what would become Canada’s largest drug chain, Shoppers Drug Mart, has died at age 93. Also a prominent philanthropist and businessman, Koffler passed away on Sunday at his home in Toronto. Koffler was born in Toronto in 1924. At age 17, he went on a

Walgreens offers FedEx drop-off, pickup services

Walgreens offers FedEx drop-off, pickup services

FedEx Corp. and Walgreen Co. have announced an agreement where FedEx package pickup and drop-off services will be available in more than 7,500 Walgreens stores across all 50 U.S. states. FedEx and Walgreens first revealed the partnership 10 months ago. Now — thanks in part to that deal — 80% of the

McKesson sees exit of key exec

Patterson Cos. has hired Mark Walchirk, a key executive at McKesson Corp., as its next president and chief executive officer, with a starting date of November 20. Walchirk will succeed James Wiltz, who has been serving in those roles on an interim basis since the departure of Scott Anderson on June

Transformational deal weighed by CVS

Transformational deal weighed by CVS

At presstime The Wall Street Journal along with other news agencies reported that CVS Health will offer more than $200 per share, or about $66 billion, to purchase the health insurance giant Aetna Inc. Anonymous sources cited by WSJ originated the story about a potential CVS-Aetna deal.

WBA to shut 600 stores in Rite Aid integration

WBA to shut 600 stores in Rite Aid integration

Walgreens Boots Alliance Inc. (WBA) is developing the picture of its future store base after turning the page on a nearly two-year process triggered by its proposed merger with Rite Aid Corp. Beginning next spring, WBA plans to shut 600 stores under an 18-month program to rationalize its U.S.

NACDS offers ideas on combatting opioid crisis

It’s clear that America’s growing opioid epidemic is getting worse. Last month President Trump stopped short of declaring the crisis a national emergency and directed the Department of Health and Human Services to declare the opioid crisis a public health emergency instead.