CVS to provide Narcan spray at discount
CVS Health has partnered with Adapt Pharma to make the opioid overdose-reversal nasal spray Narcan more affordable for uninsured patients at CVS Pharmacy stores.
Retail News
Retail pharmacies go to bat for immunizations
Bartell Drugs, Quality Food Centers (QFC), Hy-Vee and Giant Eagle are participating in National Association of Chain Drug Stores projects to demonstrate value-based payment models for pharmacy-administered immunizations.
GNC Holdings CEO resigns; interim chief named
Michael Archbold has stepped down as chief executive officer of GNC Holdings Inc. and resigned from the company’s board of directors. GNC said Thursday that it has appointed director Robert Moran as interim CEO. Moran served as chairman and CEO of PetSmart Inc.
Walgreens to shut down drugstore.com
Walgreens is shutting down drugstore.com and Beauty.com in an effort to focus on Walgreens.com. The retailer, which acquired the two e-commerce operations in 2011, expects the shutdown to be completed by the end of September.
Dollar General acquires Walmart Express stores
Dollar General Corp. has purchased 41 former Walmart Express locations in 11 states. Dollar General said Wednesday that it expects to relocate 40 Dollar General stores into the acquired sites by October, and the deep discount retailer will also enter one new market through the deal.
Former Walmart exec Don Soderquist dies
Former Walmart executive Don Soderquist has passed away due to complications from heart surgery. He was 82. Soderquist was recruited by Walmart founder Sam Walton from Ben Franklin Stores, where Walton had his retailing start.
House Speaker Paul Ryan pays visit to Walgreens
House Speaker Paul Ryan (R., Wis.) visited a Walgreens store in Wisconsin to mark the drug chain’s first store in the state with a drug take-back kiosk. Ryan attended an event on Monday at Walgreens’ store in Janesville, Wis.
Delhaize, Ahold close merger deal
Delhaize Group and Royal Ahold completed their merger, as expected, on July 23. The Europe-based food and drug retailers said Saturday that the $29 billion deal has received regulatory clearance from the U.S. Federal Trade Commission, and Delhaize Group chief executive officer Frans Muller and
Lawmakers marshal support for TRICARE pilot
A group of congressmen have called on House of Representatives and Senate leaders to advance a TRICARE pilot that would enable military veterans and families to opt to fill prescriptions at community pharmacies.
Kroger to buy specialty pharmacy ModernHEALTH
Boosting its presence in the fast-growing specialty pharmacy arena, Kroger Co. has unveiled a deal for its Axium Pharmacy Holdings Inc. subsidiary to acquire Modern HC Holdings Inc., the parent of pharmacy services operator ModernHEALTH. Financial terms of the agreement weren’t disclosed.
NCPA sets up Innovation Center for community pharmacy
The National Community Pharmacists Association has created a new Innovation Center to provide resources to help independent pharmacies adapt to the fast-changing health care environment.
Hi-School Pharmacy COO Crawford to retire
Hi-School Pharmacy chief operating officer John Crawford plans to retire at the end of this month. The Pacific Northwest drug chain said Tuesday that Crawford, who has been with Hi-School for 43 years, is slated to step down as COO on July 31. At that time, he will be succeeded by Rick
WBA to open Boots stores in South Korea
Walgreens Boots Alliance (WBA) plans to form franchise partnership with Emart Co. Ltd., a leading hypermarket retailer in South Korea. WBA said the first Boots stores are slated to open before the end of the first half of next year.
Fast-growing Genoa plans more pharmacies
Genoa, a QoL Healthcare Co., is one of the fastest-growing community pharmacy operators anywhere.
Walmart Care Clinic’s Ryan earns honors
Sandra Ryan, vice president of Walmart Care Clinics, has received the 2016 Loretta C. Ford Lifetime Achievement Award from the National Nurse Practitioner Symposium. Ryan was presented the award earlier this month at the symposium’s conference and exhibition in Keystone, Colo.
APhA brings pharmacy students to the Hill
Over the weekend, the American Pharmacists Association (APhA) gave pharmacy students an opportunity for their voices to be heard on Capitol Hill.