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Retailers in the thick of mobile payment fight

A battle over the future of mobile payment is playing out at the nation’s leading drug chains. Walgreen Co. is among the retailers that allow customers to pay for their purchases with their new iPhones, while CVS/pharmacy and Rite Aid Corp. are among the chains that have rejected the new Apple Pay

Drug chains drive retail clinic growth

Paced by leading chain drug operators, the number of retail health clinics in the United States is growing steadily, says a Kalorama Information report. In recent years, as a result of the economic downturn, retail clinic growth had been at a standstill.

Two veteran Walgreens execs retire

Walgreen Co. has lost two executives to retirement who collectively had spent more than a half-century with the retailer. Both John Spina and Don ­Huon­ker retired on October 31, the company says. Spina, corporate vice president of expense optimization, had the longer tenure of the two.

NACDS Foundation dinner nears

Renowned news correspondent, television host and producer Barbara Walters will serve as the keynote speaker for the National Association of Chain Drug Stores Foundation Dinner, which will be held on December 3 in New York City.

Data theft is targeted by Obama

The Obama administration is joining the push to protect Americans from identity theft and fraud. President Obama signed an executive order last month to strengthen security on federally issued credit cards and government payment systems.

October same-store sales climb at Rite Aid

October same-store sales climb at Rite Aid

CAMP HILL, Pa. – Increased prescription business lifted Rite Aid Corp.’s same-store sales to another strong gain in October. Rite Aid said Thursday that comparable-store sales for the four weeks ended Oct. 25 rose 5.5% year over year, up from September’s increase of 5.

Pugh steps down at Walgreens

Bryan Pugh, who for the past year has held a key role at Walgreen Co. coordinating operations and merchandising functions, left the drug chain last week. Most recently, Pugh held the title of vice president of U.S. merchandising, program development and execution.

Analysis: ACOs rapidly taking shape

In the here and now is the Affordable Care Act, making headlines almost daily about health insurance exchanges and impacting 10 million to 15 million Americans this very moment. Also in the here and now are Accountable Care Organizations (ACOs), although rarely, if ever, making any headlines.