Albertsons, Rite Aid unveil merger’s strategies and synergies
Albertsons Cos. and Rite Aid Corp. on Tuesday hosted a joint analyst event to discuss the strategic and financial benefits of the proposed merger transaction between the two companies.
Retail News
Walgreens hits the road for skin cancer program
Walgreens will join The Skin Cancer Foundation on the road this year in support of its Destination: Healthy Skin Program– a national effort to educate the public about the importance of effective sun protection for skin cancer prevention, and the importance of early detection.
Retailers praise Trump for taking on drug prices
CVS Health and Walgreens have commended President Trump for vowing in a speech today to fight high drug prices.
Lewis Drug screens record number of patients on “Melanoma Monday”
A Lewis Drug location in Sioux Falls, SD, on Monday, May 7, 2018, made possible the screening of approximately 170 patients for skin cancer – the highest number of screenings in the nearly 20-year history of the “Melanoma Monday” event.
Metro completes Coutu acquisition
Metro Inc. has completed its $4.5 billion ($3.6 billion U.S.) acquisition of the Jean Coutu Group, creating a food and drug retailer with more than 1,300 stores in Quebec, Ontario and New Brunswick.
Buoy Health partners with CVS Health on AI clinic referrals
Buoy Health, a start up health technology company that develops digital tools, has entered into an agreement with CVS Health’s MinuteClinic subsidiary to provide patients with access to convenient, accessible and affordable care at any of its over 1,100 MinuteClinic locations nationwide.
Diplomat Pharmacy names Griffin CEO
Diplomat Pharmacy Inc. announced that its board of directors has appointed Brian Griffin, executive vice president and chief executive officer of IngenioRx, the pharmacy benefit manager (PBM) of Anthem, as chief executive officer and chairman of the board of directors, effective June 4.
Atlanta leading in Walgreens “Every One Counts Hometown Challenge”
DEERFIELD, Ill. – In support of the fourth annual Red Nose Day in the U.S., Walgreens today released the latest rankings for its “Every One Counts Hometown Challenge”, which shows Atlanta as the top market for overall Red Nose Day fundraising activity, with Chicago moving into fourth place.
CVS CMO addresses population health issues at HLTH 2018
Today at HLTH 2018, a health care innovation conference taking place this week in Las Vegas, Nevada, CVS Health chief medical officer Dr. Troyen Brennan delivered a keynote address outlining CVS Health’s unique potential to help change current paradigms for addressing population health. Dr.
Walmart, Sharecare team to improve wellbeing of store associates
Sharecare, the digital health company helping people manage all their health in one place, and Walmart Inc.
CVS to acquire Fred’s specialty pharmacy business
Fred’s Inc. has reported that CVS Health is purchasing its specialty pharmacy business EntrustRx for $40 million.
Diplomat reports strong Q1 results
Diplomat Pharmacy announced financial results for the quarter ended March 31, 2018. All comparisons, unless otherwise noted, are to the quarter ended March 31, 2017.
Walmart intros new measures to help curb opioid abuse
BENTONVILLE, Ark. – In an effort to continue to be part of the solution to the nation’s opioid epidemic, Walmart is introducing new policies, programs and tools aimed at curbing opioid misuse and abuse.
McKesson to bring ideaShare 2018 to Las Vegas
For more than 35 years McKesson’s ideaShare has been the premier education and networking event for community pharmacies. The leading conference is designed to help independent pharmacy owners and their staff improve their knowledge, performance and profitability.
Fred’s pursuing sale of specialty pharmacy business
During its earnings call Friday, Fred’s Inc. announced it is evaluating options for its retail pharmacy portfolio and “actively pursuing a sale” of its specialty pharmacy business, as it reported financial results for the 2017 fourth quarter and fiscal year ended February 3.