How suppliers can help Walgreens amp up beauty care
Selling into a retail chain as large as Walgreens can be a formidable challenge for even the largest supplier, let alone a fledgling player.
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IPO in the works at Albertsons
Albertsons Cos., the nation’s second-largest supermarket company and one of the biggest retail pharmacy operators, plans to go public. The company filed a registration statement last month with the Securities and Exchange Commission for an initial public offering of common stock.
Consolidation hits health insurance industry
Chain drug retailers have gotten used to dealing with fewer, and larger, drug makers, wholesalers and pharmacy benefit managers over the years. Retailers themselves have also consolidated, and now a merger wave has washed over the health insurance industry.
Medicine Take-Back Campaign under way in Canada
Shoppers Drug Mart (SDM) and the Partnership for a Drug-Free Canada (PDFC) are collaborating on the third National Medicine Take-Back Campaign, to be held through December 2015, and a new partnership with Loblaw Pharmacy will increase the number of pharmacies participating in the campaign to 1,800 n
SDM backs effort to help seniors overcome depression
Shoppers Drug Mart (SDM), the Canadian government and the Canadian Coalition for Seniors’ Mental Health (CCSMH) have teamed up to help seniors dealing with depression and thoughts of suicide.
Drones may be next big thing in photo section
London Drugs, which boasts of having a long history of embracing new ideas and products, especially in cameras and photofinishing, says consumer drones are the next big evolution in action video and aerial photography.
Walgreens, J&J push healthy choices
Johnson & Johnson Consumer Products Inc. (J&J) is now sponsoring the Walgreens Balance Rewards for healthy choices program in order to encourage and reward healthy behavior.
CVS to gain more clout by acquiring Target Rx business
Continuing its aggressive growth and diversification, CVS Health has purchased Target Corp.’s pharmacy and clinic businesses for some $1.9 billion. The acquisition propels CVS past Walgreens as the nation’s No. 1 pharmacy operator by market share and store count.
Front end re-energized at CVS
CVS Health has unveiled an enhanced front end with a focus on health, beauty and consumables.
ACA survives Supreme Court challenge
The Affordable Care Act has survived its second Supreme Court challenge, with a divided court agreeing with the Obama administration that government subsidies that make health insurance affordable for millions of poor and middle-class Americans should be available nationwide.
Walmart alters supplier terms
Walmart will begin charging most of its suppliers new fees for stocking their products in new stores and for storing them in its warehouses.
Target’s chief merchant steps down
Kathee Tesija is leaving her post as executive vice president and chief merchandising and supply chain officer at Target Corp., moving into an advisory role with the retailer.
Walgreens loyalty plan promotes health
Walgreen Co. says that its Balance Rewards for healthy choices (BRhc) program, which awards loyalty points for healthy behaviors and activities, is helping members lose weight and driving better medication adherence among participants with hypertension and/or diabetes.
Rite Aid finalizes the acquisition of EnvisionRx
Rite Aid has completed its acquisition of Envision Pharmaceutical Services from private investment firm TPG and other shareholders in a transaction valued at about $2 billion, including about $1.8 billion in cash, and around 27.9 million Rite Aid shares.
New digital innovation lab at CVS will focus on health
CVS Health has officially opened its Digital Innovation Lab, a facility focused on developing cutting-edge services and personalized capabilities for an accessible and integrated pharmacy and health experience. The lab will be a hub for the company’s rapidly growing digital team.
Diplomat buys specialty pharmacy
Diplomat Pharmacy Inc. has acquired Burman’s Specialty Pharmacy in an $82.8 million deal. Burman’s, based in Pennsylvania, is a provider of individualized patient care with a primary focus on hepatitis C.