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Genoa Healthcare opens doors to 400th pharmacy

Genoa Healthcare opens doors to 400th pharmacy

Behavioral health pharmacy operator Genoa Healthcare has opened its 400th location in its home state. Tukwila, Wash.-based Genoa on Thursday held the grand opening of its newest pharmacy at Comprehensive Life Resources, a nonprofit behavioral health center in Renton.

Walmart health executive George Riedl to depart

Walmart health executive George Riedl to depart

George Riedl, senior vice president at Walmart and president of the Walmart Health and Wellness division, is leaving the company. A Walmart spokeswoman said Wednesday that Riedl, a key pharmacy executive at the retail giant, is slated to depart on March 16.

More Rite Aid stores transferred to Walgreens

More Rite Aid stores transferred to Walgreens

Rite Aid Corp. is winding down its asset sale to Walgreens Boots Alliance (WBA) with the ownership transfer of 537 more stores. Rite Aid said Tuesday that as of March 2, it has transferred 1,651 stores and related assets to WBA for cash proceeds of $3.6 billion. The process has progressed

Shopping Drug Mart enlists medical cannabis supplier Aurora

Shopping Drug Mart enlists medical cannabis supplier Aurora

Shoppers Drug Mart has expanded its access to medical marijuana products by entering a supply agreement with Aurora Cannabis Inc. Aurora said Tuesday that under the pact it will supply Shoppers Drug Mart with Aurora-branded medical cannabis products.

Realignment in U.S. health care sector accelerates

Realignment in U.S. health care sector accelerates

The U.S. health care industry has been in flux for a number of years, but the pace of transformation now appears to be accelerating rapidly. Several of the biggest players in the U.S. health care sector are making moves to confront an uncertain future — one that may bring unwelcome competition and

Shoppers Drug Mart has strong fiscal 2017 finish

Shoppers Drug Mart has strong fiscal 2017 finish

Shoppers Drug Mart outperformed overall retail sales growth for parent Loblaw Cos. in the 2017 fourth quarter and fiscal year. Loblaw said Thursday that for the fourth quarter ended Dec. 30, Shoppers Drug Mart posted revenue of $3.17 billion (Canadian), up 3.8% from $3.06 billion a year earlier.