Retail holiday sales forecast to grow 4.5%
FTI Consulting Inc.’s 2017 U.S. Holiday Retail Forecast projects 4.5% growth in discretionary holiday spending, an increase from 3.3% during the 2016 season.
Retail News
Golinkin departs RediClinic, Health Dialog to lead FastMed
Web Golinkin, chief executive officer of Rite Aid Corp. subsidiaries RediClinic and Health Dialog, has left the companies to become CEO of FastMed Urgent Care. FastMed said Golinkin will oversee its more than 100 walk-in urgent care clinics in Arizona, Texas and North Carolina.
NACDS sees pharmacy as opioid crisis solution
Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the crisis.
CVS Health makes naloxone available in three more states
CVS Health has announced today that naloxone opioid overdose-reversal medication is now available without an individual prescription at all of the 300 CVS Pharmacy locations in Michigan, including those located inside Target stores.
Walgreens donating vouchers for flu shots
Walgreens is joining forces with FamilyWize Community Service Partnership, the Department of Health and Human Services and United Way, to provide a series of community health clinic events at no cost to make flu vaccination more accessible in underserved communities throughout the country.
Industry mourns SDM founder Murray Koffler, 93
Murray Koffler, who over 50 years ago founded what would become Canada’s largest drug chain, Shoppers Drug Mart, has died at age 93. Also a prominent philanthropist and businessman, Koffler passed away on Sunday at his home in Toronto. Koffler was born in Toronto in 1924. At age 17, he went on a
Albertsons Cos. enlists IRI for supply chain services
Food and drug retailer Albertsons Cos. has entered into an agreement with data and analytics specialist IRI for supply chain services.
Walgreens offers FedEx drop-off, pickup services
FedEx Corp. and Walgreen Co. have announced an agreement where FedEx package pickup and drop-off services will be available in more than 7,500 Walgreens stores across all 50 U.S. states. FedEx and Walgreens first revealed the partnership 10 months ago. Now — thanks in part to that deal — 80% of the
CVS to go national with next-day Rx delivery
Early next year, CVS Pharmacy plans to begin next-day delivery of prescriptions to patients nationwide. CVS said Monday that the next-day delivery service will bring prescriptions directly to customers’ doors.
CVS Health reports decline in 3Q retail sales
Despite sales declines in its retail pharmacy business, CVS Health saw overall revenue rise and bested Wall Street’s earnings forecast for its fiscal 2017 third quarter. CVS said Monday that for the third quarter ended Sept. 30, sales totaled $46.18 billion up 3.5% from $44.
PBS TV to air segment on ScriptDrop, Albertsons
ScriptDrop and Albertsons Cos. will be featured on the educational television series “Success Files” for their efforts to provide patients with their prescription medications following Hurricane Harvey.
Pharmasave spotlights pharmacists’ diabetes expertise
Pharmasave is positioning itself as a care destination for people with diabetes or at risk for the disease.
CVS stays atop regional health needs
CVS Health has responded to regional crises to help meet the needs of residents in Florida and Houston. In Florida, CVS said this week it’s making the hepatitis A vaccine available to address an outbreak in the state.
WBA puts on makeup party for CYO Cosmetics brand
Walgreens Boots Alliance (WBA) held a launch party for its new CYO Cosmetics makeup line targeted at Generation Z shoppers. The event featured makeup stations where beauty influencers were invited to a get makeover from leading makeup artists.
Lawmakers call for TRICARE pilot extension
Forty-nine members of Congress are urging House and Senate leaders to support a one-year extension of the TRICARE Acquisition Cost Parity Pilot Program for retail pharmacy. The National Association of Chain Drug Stores said late Wednesday that the bipartisan group of lawmakers — led by Reps.
Rite Aid promotes financial executive
Matt Schroeder has been promoted to senior vice president, chief accounting officer and treasurer at Rite Aid Corp.