Fred’s Inc. CEO Michael Bloom resigns
Fred’s Inc. announced on Friday that chief executive officer Michael Bloom resigned from his post, effective on April 24. He also resigned from his seat on the company’s board.
Retail News
Rexall to shutter 40 stores
McKesson Canada’s Rexall chain is closing 40 outlets in Ontario and Western Canada, nearly one-tenth of its total store base, according to a memo sent to company employees. The closings come about a year and a half after San Francisco-based McKesson Corp. finalized the purchase of Rexall Health.
Albertsons names Sean Barrett SVP, advertising and marketing
Albertsons Cos. announced that Sean Barrett has been promoted to senior vice president of advertising and marketing.
AllianceRx Walgreens Prime and Walgreens gain access to more specialty drugs
AllianceRx Walgreens Prime, the combined central specialty and home delivery pharmacy formed by Walgreens and pharmacy benefit manager Prime Therapeutics LLC (Prime), and Walgreens, announce the availability of several new limited distribution drugs for its specialty patients.
CVS: committed to safe medication disposal
CVS Health today underscored its commitment to helping communities safely dispose of unwanted medications, particularly as an important step in helping to address and prevent opioid abuse and misuse.
GMDC names Tom Duffy VP of member development
Industry veteran Tom Duffy has been named vice president of member development at the Global Market Development Center (GMDC).
CVS to acquire Red Cross Pharmacy
Red Cross Pharmacy, a top 50 drugstore chain as well as one of the oldest pharmacy businesses in the country, announced that it plans to sell its 14 retail pharmacies to CVS Pharmacy effective June 6, 2018. The Company, which primarily services markets in northwest central Missouri, has two
New study looks at how Americans are taking medications for chronic conditions
According to a new survey, Knowing But Not Doing: The State of Rx Adherence in America Report from Express Scripts, many Americans on medications for chronic diseases are not concerned about missing doses, resent their spouses/partners reminding them to take their medicine and think they do a better
Walgreens #ItEndsWithUs campaign heads to Chicago
Walgreens announced that its national “#ItEndsWithUs” campaign is coming to Chicago to educate local teens on the opioid epidemic.
CVS releases 11th annual CSR Report
CVS Health today released its 11th annual Corporate Social Responsibility (CSR) Report, detailing its latest efforts to shape the future of health care, reduce environmental impact and exemplify corporate leadership in fulfilling the company’s purpose of helping people on their path to better healt
Atlanta again tops Red Nose Day fundraising
Atlanta is again the top market for Walgreens’ Red Nose Day fundraising activity. The retailer’s eight-week fundraising challenge features 10 U.S.
Walgreens medication disposal program nets over 270 tons of unused meds
Walgreens has reported that its safe medication disposal program has collected and safely disposed of more than 270 tons of medications, or the equivalent of about 150 cars, since the launch of the program in 2016.
Panzer hails mentorship and collaboration
In his first remarks as chairman of the National Association of Chain Drug Stores, Mark Panzer thanked those who have taught and collaborated with him throughout his 46-year retail career.
Panzer vows to keep NACDS focused on patients’ needs
Mark Panzer, chairman of the National Association of Chain Drug Stores, has been involved with the chain drug business for over 40 years.
Kroger and Cardinal Health to co-host drug take-back events
Kroger Co. and Cardinal Health announced the companies will host joint drug take-back events at more than 100 Kroger Family of Pharmacies locations from 10 a.m. to 2 p.m. local time on April 28, 2018 across America, as part of the U.S.
Schnucks deploys PharmaSmart kiosks
PharmaSmart International Inc. will roll out health screening kiosks (model PS2000) at Schnuck Markets in-store pharmacies.