Rite Aid turns in net loss for first quarter
Rite Aid Corp. cited pressure in pharmacy reimbursement as it reported a net loss and fell short of Wall Street’s earnings forecast for its fiscal 2017 first quarter.
Retail News
NACDS, NCPA back cost parity pilot for TRICARE
The National Association of Chain Drug Stores and National Community Pharmacists Association have called on Congress to support a pilot program for TRICARE that they say would rein in prescription drug costs for the Department of Defense (DoD).
London Drugs launches ‘Skin Checker’ clinics
London Drugs has begun providing personal skin cancer screenings at select locations.
Rite Aid buys HealthSpot telehealth assets
Rite Aid Corp. is purchasing the assets and intellectual property of bankrupt telehealth kiosk provider HealthSpot. A Rite Aid spokeswoman confirmed Tuesday that the company won an auction this week for the HealthSpot assets with a $1.15 million bid.
Walgreens stores to offer free HIV tests
Walgreens and the Greater Than AIDS initiative are working with health departments and local AIDS service organizations (ASOs) to offer free HIV testing and counseling about new prevention strategies.
Walgreens ends relationship with Theranos
Walgreens is terminating its relationship with Theranos Inc. and closing operations at all 40 Theranos Wellness Centers at its stores in Arizona.
Fred’s Pharmacy ramps up telehealth access
CANTON, Miss. ─ Fred’s Inc. is expanding access to telehealth services at its in-store pharmacies. Technology provider TelehealthONE said it will roll out its telehealth kiosks to more Fred’s Pharmacy locations.
Scarborough, Brzezinski to keynote at Total Store Expo
Joe Scarborough and Mika Brzezinski of MSNBC’s television news program “Morning Joe” have been tabbed as keynote speakers for the 2016 NACDS Total Store Expo.
WBA names Gourlay, Barra co-COOs
Top Walgreens Boots Alliance (WBA) executives Alex Gourlay and Ornella Barra have been appointed as co-chief operating officers as part of a realignment of the company’s senior management team.
NACDS: Pharmacist provider status, MTM can aid Medicare
The National Association of Chain Drug Stores told leaders in the House of Representatives that greater recognition of pharmacists’ full capabilities as health care providers can bolster the Medicare program.
CVS, MinuteClinic openings proceed at Target
CVS Health continues to move forward with conversion projects from its acquisition of Target Corp.’s pharmacy and retail clinic business. CVS this week opened the first CVS Pharmacy locations inside Target stores in Washington and Oregon.
Coalition: Seniors vulnerable to ‘rogue’ online pharmacies
The Alliance for Safe Online Pharmacies (ASOP Global), Center for Safe Internet Pharmacies (CSIP) and National Consumers League (NCL) have teamed up to educate seniors and their caregivers about the risks of buying prescription drugs from illegal online pharmacies.
Lovell Drugs to offer skin cancer scans
Skin cancer screening is coming to Lovell Drugs through an agreement with MedX Health Corp. and the Ontario Telemedicine Network (OTN). Plans call for the 12-store Canadian drug chain to offer in-pharmacy scanning of skin moles and lesions at its locations in Oshawa and Whitby, Ontario.
CVS serves up MMR vaccine in Arizona
CVS Health is making the measles-mumps-rubella (MMR) vaccine readily available in Arizona to help contain a measles outbreak.
Walmart’s McMillon: ‘Our mission is clear’
Walmart used its 2016 shareholders meeting to drive home the message that the customer is boss and the key to the retailer’s ability to grow. “Our mission is clear,” Doug McMillon, Walmart’s president and chief executive officer, said at the June 3 Walmart annual shareholders meeting.
New approach to Rx hits N.Y. market: Capsule
Innovation is key in the pharmacy industry, and one new company is using innovation to distinguish itself in this very competitive field. Capsule, which opened in New York City last month, is a digital start-up focusing on the home delivery of prescription drugs.