After long absence, Hi-School returns to Washington town
Following a 12-year absence, Hi-School Pharmacy has returned to Vancouver with the opening of a new store. Hi-School says its new pharmacy, which opened last month at 3200 NE 52nd St.
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Digital technology push accelerated by CVS
CVS Health has established two partnerships to drive faster innovation and expand areas of focus for connected health solutions. The company has joined with start-up accelerator MassChallenge and digital health venture fund Rock Health to propel digital health initiatives.
Keyes named Meijer president
After joining the company 26 years ago as a pharmacist, Rick Keyes has now become president of Meijer Inc. He takes over from J.K.
U.S. retailers make switch to EMV technology
Retailers this month became liable for credit card fraud if they did not upgrade point-of-sale equipment to accept chip-enabled cards. Chains had to be enabled for so-called EMV (Europay, MasterCard and Visa) cards as of October 1 to avoid liability for fraud.
CVS expands availability of opioid overdose remedy
CVS/pharmacy is reinforcing its long-standing commitment in the fight against the nationwide epidemic of prescription drug abuse. The retailer has expanded the availability of the opioid overdose reversal medicine, naloxone, in several states.
Supervalu CEO set to retire next year
Sam Duncan, president and chief executive officer of Supervalu Inc., plans to retire early next year. Duncan, 63, is due to step down on February 29. A search for a new CEO has begun, within and outside the company, Supervalu said.
H.D. Smith founder dies at age 87
Henry Dale Smith Sr., founder and chairman emeritus of H.D. Smith, the nation’s largest independent drug wholesaler, died at age 87. “The entire H.D. Smith family is deeply saddened by the loss of our founder and a pioneer in health care distribution,” said Henry Dale Smith Jr.
New structure reflects transformation of Rite Aid
A new chapter opened for Rite Aid Corp. in its fiscal 2016 second quarter, as the company began reporting financial results under a new structure that incorporates recently acquired pharmacy benefit manager (PBM) EnvisionRx.
Rite Aid fine-tunes outlook for current fiscal year
Rite Aid Corp. trimmed its full-year earnings guidance to reflect pharmacy margin pressure and lower expectations for same-store sales. The company also pruned its revenue forecast.
Clout of Barra, Foulkes recognized
Chain drug executives Helena Foulkes and Ornella Barra are among the “Most Powerful Women” in business listed by Fortune magazine. Foulkes, president of CVS/pharmacy, was ranked 14th on the list of 51 women in the U.S.
Uninsured rate continues to fall
Supporters of the Patient Protection and Affordable Care Act (ACA) hailed a recent Census Bureau report that the percentage of people without health insurance coverage declined by 2.9 percentage points last year, from 13.3% to 10.4%. That’s a reduction of 8.
Obama makes choice for FDA chief
The Food and Drug Administration’s current deputy commissioner for medical products and tobacco is likely to become the organization’s next commissioner. Dr.
Ulta makes impact on ‘fun side’ of beauty care
Ulta Beauty’s chief executive officer, Mary Dillon, has more to celebrate than the company’s 25th birthday. The company is growing at a rate enviable in retailing today, and it is on virtually every beauty care brand’s wish list.
Ausili, Brainard join staff at NACDS
The National Association of Chain Drug Stores (NACDS) announced a pair of personnel moves this month, including the appointment of Jason Ausili as director, pharmacy affairs, effective September 28.
Neighbourhood Pharmacies enhances events
The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) announced earlier this month significant improvements to its annual events program, as well as event highlights.
Albertsons, McKesson expand deal
McKesson Corp. and Albertsons Cos. announced the signing of a five-year distribution agreement to include the sourcing and distribution of both branded and generic pharmaceuticals.