Walgreens Boots Alliance (WBA) Inc. has raised its stake in AmerisourceBergen Corp. to nearly 24%. Late last month, WBA exercised warrants to buy 22,696,912 shares of AmerisourceBergen common stock for about $1.19 billion.
Andre Persaud has resigned as executive vice president of retail at Shopko Stores Inc. He said he based his decision on the desire to seek new opportunities.
Pharmacies operating under the Health Mart, Sam’s Club and Publix Supermarkets Inc. banners are among the leaders in patient satisfaction, according to the J.D. Power U.S. Pharmacy Study.
Genoa is buying the behavioral health and residential care services division of Advanced Care Pharmacy Services. Financial terms were not disclosed. Genoa said the agreement includes 13 Advanced Care behavioral health pharmacies in Michigan.
Alain Champagne has resigned as president of McKesson Canada to head sales training and development firm Optimé International. As partner and chief executive officer, Champagne will lead Optimé’s strategic direction and management.
Hy-Vee Inc. has promoted Jeremy Gosch and Donna Tweeten to executive vice president. Gosch, formerly senior vice president and chief merchandising officer, was named executive vice president of strategy and chief merchandising officer.
The Centers for Disease Control and Prevention recommends an annual flu shot for everyone over the age of six months, and retail pharmacies across the nation are spreading the word of their ability to provide such health services.
CVS Pharmacy has added a mobile payment tool to its app, expediting checkout. The tool, called CVS Pay, integrates payment, prescription pickup and the ExtraCare loyalty program in one scan.
Walgreens Balance Rewards members can now seamlessly apply their loyalty account at checkout through Android Pay, furthering the convenience of earning and redeeming points and expanding the company’s portfolio of unified mobile payments solutions.
A new study suggests that the Zika virus can live and cause damage in newborns for at least two months after birth, raising new concerns among health officials across the globe. The report, published online in the New England Journal of Medicine, involves a baby boy born in January to a woman in
The National Association of Chain Drug Stores has announced winners of the 2016 NACDS Total Store Expo Product Showcase in 10 product categories. The showcase, situated on the exhibit floor, provided increased visibility for suppliers to market their products.
A simplified shopping experience with improved navigation and adjacencies is at the heart of Walmart’s over-the-counter drug presentation, says Carmen Bauza, the company’s senior vice president of OTC health care.
Walmart’s health and wellness division is poised to play a prominent part in the discounter’s ambitious drive to reinvent retail for an era when brick-and-mortar stores coexist with e-commerce. Pharmacy, over-the-counter medications and vision care currently account for about 10% of Walmart’s U.S.
The pullback of health insurance companies from the Affordable Care Act has focused a harsh light on President Obama’s signature legislative achievement. Most recently, Aetna Inc.
House Speaker Paul Ryan (R., Wis.) has lauded Walgreens for fighting the pervasive problem of prescription drug abuse and misuse. Ryan late last month appeared at a Walgreens outlet here, his hometown, to mark Wisconsin’s first in-store drug take-back kiosk.
Axium Pharmacy Holdings Inc., a unit of Kroger Co., has agreed to acquire Modern HC Holdings Inc. (ModernHEALTH), a specialty pharmacy operator, to create a combined specialty pharmacy organization. Terms of the transaction, which is subject to regulatory approval, were not disclosed.
