In his first State of the Union speech, President Donald Trump renewed his pledge to reduce prescription drug prices, days after a former big pharma executive was sworn in as Secretary of Health and Human Services.
Rite Aid Corp. has completed the transfer of more than half of the stores it agreed to sell to Walgreens Boots Alliance last fall. Rite Aid said that, as of Feb. 8, it has transferred ownership of 1,114 stores and related assets to Walgreens Boots Alliance for cash proceeds of $2.424 billion.
Rexall has rolled out naloxone kits to all 446 of its drug stores across Canada. The drug chain, part of McKesson Canada, said the opioid overdose antidote is available to patients without a prescription.
Kevin Hourican, executive vice president of retail pharmacy and supply chain at CVS Health, will run the company’s retail division on an interim basis following the departure of Helena Foulkes.
Driven by growth in its pharmacy benefit management unit, and overcoming softness in its retail business, CVS Health posted increased sales and beat Wall Street’s earnings forecast for its 2017 fourth quarter and fiscal year. CVS said Thursday that for the fourth quarter ended Dec.
The escalating number of flu cases nationwide has hoisted sales of over-the-counter medicines and other products that help treat and manage flu symptoms, according to market research firm IRI. In a new report titled “Flu Fury: IRI Pinpoints How Flu Is Impacting U.S.
Former Florida Gov. Jeb Bush has been tabbed to speak at the NACDS Political Action Committee Breakfast, held at the 2018 NACDS Annual Meeting. The NACDS-PAC Breakfast is scheduled for 8 a.m. on Monday, April 23. The NACDS Annual Meeting runs April 21 to 24 in Palm Beach, Fla.
Shoppers Drug Mart has followed up the debut of its Wellwise store format catering to seniors with the launch of a dedicated e-commerce site, Wellwise.ca. Canada’s largest drug chain said Wednesday that Wellwise.ca offers a wide selection of health and wellness products plus direct-to-home delivery.
Pharmacy retailers and suppliers have a world of possibilities in front of them amid an evolving retail health care landscape, industry executives said at the 2018 NACDS Regional Chain Conference.
The National Association of Chain Drug Stores has launched an updated Community Pharmacy-Based Point-of-Care Certificate Program. NACDS said Tuesday that it revised the point-of-care certificate program to offer a richer, more engaging experience for learners and trainers.
CVS Health’s MinuteClinic will provide free heart health screenings each week throughout this month. Dubbed “Know Your Numbers,” the MinuteClinic heart health screenings will be offered every Wednesday in February at all MinuteClinic locations.
CVS Health executive Helena Foulkes is joining department store retailer Hudson’s Bay Co. (HBC), operator of Lord & Taylor and Saks Fifth Avenue, as chief executive officer. HBC said Monday that Foulkes is slated to begin in the new role on Feb. 19. At CVS, she currently serves as a corporate
Several months after putting its convenience store business on the block, The Kroger Co. has landed a $2.15 billion deal to sell the unit to EG Group, a United Kingdom-based fuel station convenience store retailer.
The Neighbourhood Pharmacy Association of Canada has named Sandra Hanna as vice president of pharmacy affairs and Aimee Sulliman as senior vice president of public affairs.
Joseph Anto has joined Fred’s Inc. as executive vice president and chief financial officer, taking over from Jason Jenne, who is leaving the company. Anto comes to Fred’s from newspaper company MediaNews Group Inc. (DigitalFirst Media), where he was senior vice president of strategy and M&A.
Sam’s Club has promoted Sean Jackson to the post of senior vice president and general merchandise manager of consumables and health and wellness. He succeeds Jill Turner-Mitchael, who retired from that role at the end of January.
