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Walgreens hits Theranos with breach-of-contract suit

Walgreens filed a breach-of-contract lawsuit against Theranos Inc., its former lab-testing partner, seeking damages of $140 million. The damages figure represents the amount that the drug store chain said it invested in the Palo Alto, Calif.-based health technology company.

Walmart, Kroger top Kantar PoweRanking

Walmart and Kroger Co. finished in a virtual tie as the top retailer in the 2016 PoweRanking determined by consulting firm Kantar Retail LLC. PepsiCo and Coca-Cola Co. were at the top of the rankings of manufacturers in this year’s survey. Walmart has been atop the retailer rankings for more than a

Discount Drug Mart hones home health care

Discount Drug Mart hones home health care

Discount Drug Mart has taken home health care at drug chains to a new level. Building on its 2014 acquisition of Hastings Professional Medical Equipment, the retailer says it’s providing products and services unavailable at rival pharmacy operators.

John Fegan retires from Southeastern Grocers

John Fegan has retired as vice president of pharmacy at Southeastern ­Grocers LLC, parent company of BI-LO, Harveys and Winn-Dixie. The company operates more than 500 pharmacies. Fegan joined Winn-Dixie as vice president of pharmacy in June 2008. He formerly headed U.S.

Bartell Drugs launches 65th store

Bartell Drugs held a grand opening November 19 for its newest store, its 65th overall, in the city’s burgeoning Ballard neighborhood. The 14,200-square-foot store extends the retailer’s recent focus on urban locales.

WBA, Rite Aid push back deal deadline

WBA, Rite Aid push back deal deadline

Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have extended the time frame for completing their planned $17.2 billion merger. The companies have pushed back the end date for the deal by three months to January 27, and they expect the transaction to close early next year.

Urick becomes Diplomat president

Paul Urick has been promoted to president of Diplomat Pharmacy Inc. Urick, who had been senior vice president of industry relations, pharmaceutical account management and payor strategy, succeeds Gary Kadlec, who will retire on December 31.

CDC says Zika will be endemic

The Zika virus is more prevalent than Florida health officials have reported, and pregnant women should consider postponing travel to Miami-Dade County, the Centers for Disease Control and Prevention (CDC) said last month.

CVS Pay now available across U.S.

CVS Pay now available across U.S.

CVS Pay, an end-to-end mobile payment program at CVS Pharmacy, has been rolled out ­nationwide. CVS Pay is now part of the CVS Pharmacy mobile app, and it integrates payment, prescription pickup and the ExtraCare loyalty program into one scan at checkout.