Walgreens’ uniting of Magnacca, Pugh a brilliant stroke
In a stunning announcement out of Deerfield, Ill., earlier this month Walgreen Co.
Opinion
Retail/PBM Rx model still holds promise
Walgreens’ decision to sell its pharmacy benefits management business to Catalyst Health Solutions for $525 million is sure to intensify the debate about whether drug chains are well served by owning and operating such entities. For Walgreens, at least, the answer is clearly no.
Ryan ends transformative tenure at CVS
when, at age 42, he became only the third CEO in the history of a retailer that began business as a
New kind of chairman coming to NACDS
Come April, the National Association of Chain Drug Stores will put in place the first chairman in its 78-year history who has not come from the chain drug store industry. The NACDS chairman-in-waiting is Bob Loeffler. He is primarily a food retailer, having spent his retailing career with H.E.
NACDS chief points to avenues for Medicaid savings
The cost of Medicaid can be cut with benefit modification, more effective care management and more efficient drug purchasing.
Small chains stand out at CDMA Expo
Overlooked amid the cacophony of meetings planned, meetings scheduled, meetings held and meetings evaluated was a relatively quiet event late last month in Orlando, Fla. The meeting in question was the annual trade expo hosted by the Chain Drug Marketing Association.
Health care reform dogged by uncertainty
Business executives don’t like uncertainty, but it’s a condition retail pharmacy operators and others involved in health care delivery will have to learn to live with for the foreseeable future.
Some things to watch for as the year unfolds
or not — to happen in the chain drug retailing arena in 2011. • The National Association of Chain Drug Stores will finally begin to address some of the issues that have kept the organization from realizing its potential to fully dominate the retail trade association arena. As a
A young shopper eyes the nail care set
Aside from the necessary toiletry items, when most teenage girls go into the beauty isle of a store they are usually looking for nail polish.
All firms need to prepare for health care reform
It is widely recognized that the health care reform legislation enacted last year will have a profound effect on patients and providers. Less apparent is the impact the Affordable Care Act will have on employers and the people who work for them.
At bottom, Shewmaker was a great retailer
Jack Shewmaker’s sudden death in mid-November, the result of a massive heart attack at his home in Bentonville, Ark.
Once again, Walmart impacts health care
New evidence of Walmart’s ability to influence the development of the health care market emerged last month when UnitedHealthcare and its Prescription Solutions division teamed up with Kroger Co. and Safeway Inc.
Cohen recalls Duane Reade’s emergence
in late 1959 to be precise — Eli Cohen, a 33-year-old entrepreneur with a retailing background that leaned heavily to apparel, opened a 500-foot “cut-rate” store on Broadway, between Duane and Reade streets, in Manhattan. The store mainly sold health and beauty aids, and its appeal, at a time when
Election results create uncertainty for Rx
The Republican tidal wave that swept through the nation’s political landscape earlier this month altered the balance of power in Washington and many state capitols and, in the process, created a greater degree of uncertainty for retail pharmacy operators.
Retail merchants who understand the game
In the mass retailing firmament, the retailer is king. For industry suppliers, a primary objective is getting close to the retail merchants who make the key decisions affecting their products. There’s no new news in the previous paragraph.