Canada unveils plan to cut generics costs
A government plan to cut prices on commonly used generic drugs has pharmacy operators across Canada worried about the potential impact on their businesses.
News
Rexall debuts Be.better brand
Rexall has launched Be.better, a new flagship private brand with products focused on well-being and “green” living.
Deadline for insurance exchanges extended
States have been granted additional time to establish markets through which millions of Americans are expected to buy subsidized private health insurance.
Ex-defense secretary Gates to speak at NACDS meeting
Former Secretary of Defense Robert Gates will deliver the keynote address at the National Association of Chain Drug Stores Annual Meeting, which is to be held April 20 to April 23 in Palm Beach, Fla. “We are honored to have Dr. Gates as our keynote speaker,” said NACDS president and chief executive
Walgreens extends reach beyond the drug store
Continuing to stretch the bounds of retail pharmacy, Walgreen Co. has opened one of the country’s most comprehensive work-site health centers. The facility, at the BMW Manufacturing campus in Spartanburg, S.C.
Albertson’s to acquire 877 stores from Supervalu
The parent company of Albertson’s LLC has agreed to acquire five supermarket chains from Supervalu Inc. for $3.3 billion, making Albertsons one of the top 10 U.S. pharmacy chains as measured by number of prescription counters.
Interaction with patients a sine qua non for pharmacists
As retail pharmacy recreates itself as a first-line health care provider rather than simply a dispenser of medications, pharmacist engagement is assuming increasing importance.
In-store clinics gaining traction
Walk-in medical clinics located in retail pharmacies, workplaces and other venues are growing in popularity, according to a new Harris Interactive/HealthDay poll.
Safeway’s Burd set to retire
Steve Burd, longtime chairman and chief executive officer at Safeway Inc., will retire in May as he seeks additional personal time and pursues his work in health care. Burd joined Safeway as president 20 years ago and was named CEO shortly after.
Fiscal cliff averted, but new budget battles loom
The down-to-the-wire fight over the fiscal cliff was only a prelude to upcoming budget battles. Most imminently, the need to raise the debt ceiling could foment a crisis as soon as late February.
Rite Aid highlights 50th anniversary savings, services
As Rite Aid Corp. wraps up its 50th anniversary celebration, the company is offering customers new opportunities to save money and highlighting the role its pharmacists can play in helping people adhere to their New Year’s resolutions.
Growth in health care spending remains at moderate pace
Although U.S. health care spending climbed to $2.7 trillion in 2011, as a share of the economy it remained stable for the third consecutive year, according to Obama administration figures. The rate of increase in national health care expenditures, 3.
Stakeholders prepare for health reform
States are taking steps to initiate health insurance exchanges while businesses mull over the future of their benefit offerings at the same time that some insurers are increasing rates by double digits.
Trappani joins Family Dollar
Former CVS Caremark Corp. executive Jim Trappani has joined Family Dollar Stores Inc. as vice president of health and beauty aids. “Health and beauty aids play a growing and important role to our customer,” Family Dollar president and chief operating officer Mike Bloom says.
<i>CDR</i> names Wasson, Pessina Retailers of Year
When the editors of Chain Drug Review looked back at 2012 with an eye toward identifying the executives who had the biggest impact on the industry, one event and the people behind it clearly stood out: the unprecedented partnership Walgreen Co.