Alex Grass, who opened a small health and beauty aids store in Scranton, Pa., in 1962 and built it into Rite Aid Corp., now the nation’s third-largest drug chain, died late last month. He was 82. Grass, who became a philanthropist in his later years, died from respiratory failure at his home
Chain drug retailers are working to stay ahead of the game this flu season amid rising public concern about the need to get immunized, which is being driven by fears about the spread of the H1N1, or swine flu, virus. Facing the unprecedented challenge of meeting demand for both seasonal flu shots
Walgreen Co. recently struck a deal to offer prescription drugs directly to Caterpillar Inc. workers and retirees. The agreement marks the second such program that the heavy equipment manufacturer has made with a community pharmacy chain.
Consumers are changing the way they shop for health and beauty products because of the recession, according to new research from Information Resources Inc. (IRI) and the National Association of Chain Drug Stores.
In 1776 Thomas Paine wrote: “If there must be trouble, let it be in my day, that my child may have peace.” Those words are echoed in the current economy, reflecting a mother’s desire to shelter her children from economic hardship.
Supervalu Inc. executive vice president of merchandising and marketing Duncan Mac Naughton has been elected to the National Association of Chain Drug Stores board of directors.
Characterizing National Association of Chain Drug Stores members as a “band of reformers,” association president and chief executive officer Steve Anderson called on attendees at the NACDS Pharmacy and Technology Conference here to remain advocates for the role of pharmacy and pharmacists in the bre
With responsibility for category management, merchandising, marketing and the supply chain, Ken Martindale is leading several of the most critical of Rite Aid Corp.’s initiatives to improve its operating performance.
With Congress in recess, President Barack Obama has become the most visible proponent of a health care overhaul, bringing his push for reform around the country. Individual legislators also met the public in their home states and districts but in many cases were met with vitriolic protests.
Kerr Drug plans to open a third Naturally Kerr site later this fall, with executives saying the company’s initial two stores are performing better than expected.
There are many reasons people say they do not take their medications, but being busy or simply forgetting top the list, according to a new study from CVS Caremark Corp. The study found that nearly three in 10 (28%) sometimes forget to refill their prescriptions on time, despite the fact that most
A compromise over pharmacy reimbursement rate cuts allowing Walgreen Co. to continue filling Medicaid prescriptions in Delaware will not be final unless the National Association of Chain Drug Stores withdraws a lawsuit over the matter.
Wal-Mart Stores Inc. has added a new wrinkle to its generic drug program, offering a 90-day supply of about 300 generic prescriptions for $10, with free delivery by mail. Wal-Mart is providing the free mail delivery program in 22 states in the Midwest and the Northeast, as well as in the District
Duane Reade Holdings Inc. has refinanced nearly $350 million of debt through a notes offering and a private equity investment. The holding company for the drug store chain said earlier this month that subsidiaries Duane Reade Inc. and Duane Reade closed an offering of $300 million of 11.
Walgreen Co. has entered into a joint venture with Vanderbilt Medical Center, a Nashville-based health care facility and a major patient referral center for the mid-South. Under the agreement, Walgreens’ home care division will work with Vanderbilt to provide home infusion and respiratory services.
Cardinal Health Inc. will retain its enormous scale after the spin-off of its medical technology business while sharpening its focus, according to incoming chairman and chief executive officer George Barrett.
