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.
Retail News
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.
Fruth Pharmacy teams with LeSage Water
POINT PLEASANT, W. Va. – “It’s about the mission,” began Matt Muller, sales and distribution manager for LeSage Natural Water, “LeSage Water is about creating job opportunities for disabled people. Our people love to come to work, they always arrive early, and they love what they do.
Walgreens launches online skincare advisor SkinID to aid acne sufferers
Walgreens introduced an exclusive skincare analysis tool called SkinID on Walgreens.com to evaluate each customer’s skincare needs and build a personalized, three-step daily routine that will help banish breakouts.
Walgreens expands “#ItEndsWithUs” campaign to Seattle
Walgreens is bringing its national “#ItEndsWithUs” campaign to Seattle to educate local teens on the opioid epidemic. As part of WE Day Seattle at KeyArena, thousands of youth will hear real stories of addiction and how Walgreens is working to combat the nation’s opioid epidemic.
Southern states top Walgreens Flu Index for 2017-2018
Walgreens released its season-ending Flu Index, ranking the top states and markets (DMAs) for flu activity this season. The Index is based on methodology that includes Walgreens aggregate prescription data from September 2017 through March 2018.
Loblaw reports solid results for first quarter
Loblaw Cos. announced its unaudited financial results for the first quarter ended March 24, 2018.