Hillary Clinton set to speak at TSE
Former Secretary of State Hillary Rodham Clinton will be among the guest speakers at the National Association of Chain Drug Stores’ Total Store Expo (TSE) later this year.
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NACDS calls for member engagement
Shaping public policy is vital to improving patient outcomes, Bob Narveson said in his first remarks as chairman of the National Association of Chain Drug Stores.
CVS Caremark intends to be part of health care solution
Three years before the Affordable Care Act was enacted in 2010, CVS Caremark Corp. began to position itself to respond to the changes that are currently transforming the health care system. The merger that brought together the nation’s second-largest drug chain and No.
Rite Aid’s wellness format covers Buffalo market
Rite Aid Corp.’s “wellness store” concept has reached a milestone. The drug chain said it has converted almost 100 stores in the greater Buffalo, N.Y., area to the wellness format, making that market the first to have the concept for most of its stores.
Pharmasave names Churcott CEO
After almost a year without a chief executive officer, Pharmasave Drugs has named former grocery executive Carmen Churcott as its CEO.
Majority of consumers find pharmacy experience satisfying
Beginning last August on roughly a monthly basis, Chain Drug Review explored in some detail the findings of an annual survey on pharmacy customer satisfaction conducted for Boehringer Ingelheim Pharmaceuticals Inc.
Internet sales tax bill gains
The National Association of Chain Drug Stores has hailed the Senate for passing legislation establishing Internet sales taxes. The Marketplace Fairness Act passed the Senate this month in a 69-to-27 vote.
NACDS gives backing to Rx adherence alliance
The National Association of Chain Drug Stores has joined forces with advocates for patients, providers and health plans in an alliance designed to highlight the role pharmacy can play in improving wellness and curbing health care costs.
Navarro opens new store in Miami
Navarro Discount Pharmacy has opened its 33rd store. Executives say the 10,000-square-foot store, located on NW 7th Street in Miami, will target Hispanics from the Dominican Republic, Puerto Rico and Cuba, offering such unique offerings as Latino hair care products, beer and nectar drinks.
CVS renews pacts with Cardinal, McKesson
Two of the industry’s largest drug wholesalers said last month that CVS Caremark Corp. will continue to be their customer. McKesson Corp. and Cardinal Health Inc. announced in late April that the Woonsocket, R.I.-based chain has agreed to renew its relationship with them for the next several years.
Obama: ACA implementation will cause little disruption
The vast majority of the country will be unaffected by the implementation of the Affordable Care Act next year, president Barack Obama says. “The main message I want to give to the American people here is — despite all the hue and cry and ‘sky is falling’ predictions about this stuff — if
Top 10 Chain Drug Retailers
The leading chain drug retailers upheld their position in the industry last year as ranked by key financial measures. Walgreen Co. again was at the top in sales ($71.63 billion), followed by CVS Caremark Corp. ($63.65 billion, retail pharmacy sales only), Rite Aid Corp. ($25.
Outlook: Industry looks forward to potential new Rx business
This year, chain drug retailers will be busy preparing for what’s coming up next year.
Standley oversees impressive turnaround at Rite Aid
No one has been more closely involved in the revitalization of Rite Aid Corp. than John Standley. John Standley Arriving at the company in December 1999 as part of an executive team called in after previous management pushed the drug chain to the verge of bankruptcy, Standley, who is now chairman,
Rite Aid records first yearly profit since 2007
After operating in the black for two consecutive quarters, Rite Aid Corp. rolled to its first full-year profit in six years. For the 52-week 2013 fiscal year ended March 2, Rite Aid swung to net income of $118.1 million from a loss of $368.6 million in fiscal 2012, which had 53
Griffin puts NACDS in perspective
As the National Association of Chain Drug Stores’ longest-serving board member, Lewis Drug chief executive officer Mark Griffin has seen a lot of change.