Jhaveri named Health Mart president
Nimesh Jhaveri has joined the Health Mart family of community pharmacies as president. Jhaveri, who has 30 years of hands-on pharmacy experience, started in his new role on October 31.
Retail News
Rite Aid announces plans for reverse stock split
CAMP HILL, PA – Rite Aid Corp. announced today that its board of directors has approved a reverse stock split of the company’s common stock. The reverse stock split is intended to enable Rite Aid to regain full compliance with the New York Stock Exchange (NYSE) listing rules.
10 trends to expect in 2019 from RetailMeNot’s Retailer Playbook
RetailMeNot released the top 10 trends that will define retail and marketing in 2019, based on survey insights from retail marketers and consumers.
Hy-Vee dietitians to provide free biometric screenings in February
For the second year, Hy-Vee, Inc. will be providing free biometric screenings throughout its eight-state region during Heart Health Month in February. Hy-Vee dietitians working out of Hy-Vee Healthy You Mobiles will offer the free biometric screenings to customers at 150 Hy-Vee stores.
CVS announces organizational changes
CVS Pharmacy has expanded the responsibilities of Judy Sansone, the chain’s senior vice president of front store business and chief merchant. In addition, George Coleman has been promoted to senior vice president of merchandising, reporting to Sansone.
New beauty aisles at CVS reflect transparency
CVS Pharmacy, the retail division of CVS Health, announced significant progress toward the goal of full transparency for all of its beauty imagery by the end of 2020 and its efforts to create new industry standards for post-production alterations of beauty imagery.
Walgreens issues statement on settlement
DEERFIELD, Ill. – Walgreens has issued the following statement on announced settlement with U.S. Department of Justice and the Office of the Inspector General of the U.S. Department of Health and Human Services: “Walgreens is pleased to have resolved these matters with the Department of Justice.
Texas and Kentucky markets see flu activity gains
Texas and Kentucky see flu activity gains in Walgreens Flu Index for the week ending January 19, 2019.
Walgreens settles two lawsuits
Walgreens Boots Alliance has agreed to pay more than $269 million to settle federal and state lawsuits that accused the retailer of overbilling federal health-care programs. The pharmacy chain will pay $209.
CVS Health’s Accordant awarded NCQA accreditation for case management
Accordant, a CVS Health company, announced today that it has received Case Management Accreditation from NCQA for three years. This accreditation is awarded to organizations that demonstrate compliance with the rigorous Case Management Program standards.
Rite Aid Foundation awards $2 million to 2019 class of KidCents charities
As part of its ongoing efforts to improve the lives of children in the communities it serves, The Rite Aid Foundation is welcoming a new class of charities into its KidCents program for 2019, offering grants to nonprofits that advance the health and wellbeing of children. A total of 416 charities
Benzer Pharmacy names Chilcott chief technology and marketing officer
Benzer Pharmacy has hired accomplished retail pharmacy and health care technology expert Meghann Chilcott to lead future decision-making efforts as the company’s new chief technology and marketing officer.
CVS Health honored for 5th time in a row by Fortune magazine
CVS Health today was recognized by Fortune magazine as one of the World’s Most Admired Companies for the fifth consecutive year. CVS Health was honored as No. 35 on the annual rankings of the world’s most respected and reputable corporations, up four spots from 2018. The company was also ranked No.
An introduction to the coming cannabis ‘gold rush’
Editor’s note: This is Part I of an article that ran in the 1/21/19 issue of CDR.
CVS, Walmart reach new PBM network deal
CVS Health and Walmart today announced the companies have reached a multi-year agreement on terms under which Walmart will continue participating in the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks.
Albertsons Cos. chooses EQuIPP for Rx performance reporting, tracking
Albertsons Cos. has selected EQuIPP Analytics from Pharmacy Quality Solutions (PQS) for enhanced reporting and tracking capabilities related to pharmacy performance measures. EQuIPP will allow Albertsons Cos.