CVS brings deeper insight to Rx decision making
CVS Health has adopted the Epic Healthy Planet population health and analytics platform to gain insights on dispensing patterns and medication adherence behavior.
Retail News
CVS extends kudos to its pharmacists
CVS Health is honoring the patient care efforts of its 30,000 pharmacists as part of the annual American Pharmacists Month observation in October.
ECRM honors chains for merchandising prowess
Efficient Collaborative Retail Marketing (ECRM) is turning the spotlight on nine food, drug and mass retailers with Merchant Team of the Year awards. ECRM said the awards, its second annual, are being presented to the chains for their excellence in sourcing, merchandising and supplier collaboration.
Jean Coutu Group tallies 2Q sales gains
Retail and corporate sales climbed at Jean Coutu Group in the fiscal 2018 second quarter, the first reporting period since its $4.5 billion (Canadian) deal to be acquired by Metro Inc. Net profit per share in the quarter ended Sept.
Pharmacy retailers support National Check Your Meds Day
CVS Pharmacy, Walmart, Albertsons, Costco, Target and Sam’s Club are among the chains participating in National Check Your Meds Day, an initiative of Consumer Reports and the U.S. Department of Health and Human Services.
More Kmart stores set to close
Sears Holdings Corp. has announced another round of Sears and Kmart stores to be shut in the coming months. Employees have been notified that more than 30 Sears and Kmart locations will be closed in the early part of 2017. Florida, with seven Kmart stores slated for closing, and Kentucky, with
Holiday sales at drug chains up slightly
Holiday sales at drug chains edged up slightly versus a year ago, as uncertainty over the economy left consumers wary of boosting their spending. Another crimp on sales growth was deep discounts.
Domenic Pilla tabbed as McKesson Canada CEO
McKesson Corp. has closed its $2.1 billion (U.S.) acquisition of Canadian drug chain Rexall Health and hired Domenic Pilla as chief executive officer of McKesson Canada. McKesson said late Wednesday that Pilla is slated to take the reins as McKesson Canada CEO on Jan. 3. In the role, he will
Fred’s institutes ‘poison pill’ plan
Fred’s Inc. has adopted a shareholder rights plan, also known as a “poison pill,” after a hedge fund recently became the company’s single largest shareholder.
Walgreens deploys drug disposal kiosks in N.J.
Walgreens has launched its safe medication disposal kiosk program at 16 stores in New Jersey.
Rite Aid sales, earnings decline in third quarter
Rite Aid Corp. said slim reimbursement rates, new generic drugs and the ongoing antitrust talks for the merger with Walgreens Boots Alliance (WBA) squeezed sales and earnings for its fiscal 2017 third quarter. Rite Aid said Thursday that for the third quarter ended Nov. 26, sales dipped 0.8% to $8.
ASOP leads effort targeting illegal online pharmacies
The Alliance for Safe Online Pharmacies (ASOP Global) has partnered with the American Medical Association (AMA), American Pharmacists Association (APhA) and 14 other national health care stakeholders to educate providers and patients about the surge in illegal online pharmacies and counterfeit medic
Gallup poll: Pharmacists among top trusted professions
Americans continue to hold pharmacists in high regard, according to Gallup’s Honesty and Integrity survey. Of more than 1,000 U.S.
Fred’s agrees to buy 865 Rite Aid stores
Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s Inc. for $950 million.
Pharmacy groups speak up with change coming in D.C.
Sensing change in the air, a group of pharmacy associations have called on the incoming Trump administration and congressional leaders to recognize the role that pharmacies play in the nation’s health care system.
H.D. Smith launches VentureRx
H.D. Smith has rolled out VentureRx, a program to aid in the launch, sale or expansion of a pharmacy business.