Wal-Mart Stores Inc. has given its health and beauty aids business a major boost by making the products available through its web site, Walmart.com. The site has become the country’s second-busiest retail site, trailing only Amazon.
The National Association of Chain Drug Stores has sent a letter to Senate leaders voicing strong opposition to legislation that would permit personal and commercial importation of prescription drugs. According to NACDS, the Pharmaceutical Market Access and Drug Safety Act of 2009 (S.
Rite Aid Corp. has promoted retail pharmacy veteran Dan Miller to senior vice president of pharmacy. Filling Miller’s former post as vice president of pharmacy operations is Karen Staniforth, who was promoted from regional pharmacy vice president.
CVS Caremark Corp. has added interactive and mobile features to its web site. A spokesman says the new features enhance the user experience by providing instant access to prescription management tools, important health information and customer savings. The creation of CVS.com Mobile (m.cvs.
Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, has praised President Obama for signing into law legislation that extends durable medical equipment (DME) accreditation.
Walgreen Co. has agreed to buy 12 Eaton Apothecary pharmacies in the Boston area from D.A.W. Inc. for about $19 million. The deal is slated to close within 90 days, according to Walgreens.
At first glance, Procter & Gamble Co.’s new Align brand looks like just the latest entry in the hot probiotics category. But on closer inspection, the product actually marks a key step in the supplier’s game plan to become the leading consumer health care company in the world.
CVS Caremark Corp. is at 7,000 and growing. The company, which has quintupled its store count in just over 12 years, still sees significant opportunity for expansion, CVS/pharmacy president Larry Merlo said at the opening of the chain’s 7,000th store here last month in this St. Paul suburb.
Walgreen Co. made good on its long-standing promise to open its 7,000th store by 2010, unveiling the milestone unit in a ceremony here earlier this month.
The expected approval of the Senate Finance Committee’s health care bill may have brought reform closer to the end of the beginning than the beginning of the end.
Groups representing community pharmacy have sued four states, saying that they are failing to provide Medicaid patients with access to the same care as everyone else.
Though community pharmacy groups praised Congress’ decision last week to delay the accreditation deadline for pharmacies providing durable medical equipment (DME) under Medicare, they continue to seek an exemption for drug retailers.
Chain drug retailers may well escape the worst of what is expected to be a poor holiday sales season. Drug chains have been outperforming other trade classes, and demand for flu shots is expected to help sustain their momentum, notwithstanding generally gloomy forecasts for retailers overall.
Looking to solidify itself as New Yorkers’ drug chain of choice, Duane Reade Inc. has kicked off the second phase of a massive advertising campaign and launched an exclusive brand of food and beverages.
Drug store industry veteran George Riedl will leave Walgreen Co. at the end of the year. He currently serves as senior vice president of pharmacy innovation and purchasing for the retailer.
Robert Thompson has been promoted to executive vice president of pharmacy at Rite Aid Corp. Thompson, 56, had been the retailer’s senior vice president of pharmacy operations.
