Gretchen Carlson tabbed as NACDS Foundation Dinner speaker
News anchor and best-selling author Gretchen Carlson will speak at this month’s NACDS Foundation Dinner in New York City.
Retail News
Walmart sees online sales boost in 3Q
Walmart reported better-than-expected comparable store sales gains in the third quarter. Walmart’s third quarter also include a strong performance by its online business, with net e-commerce sales increasing 50% in the quarter.
Diplomat Pharmacy buys LDI for $595 million
Diplomat Pharmacy Inc. plans to acquire St. Louis-based pharmacy benefit manager LDI Integrated Pharmacy Services for in a $595 million cash and stock deal. The move marks the second PBM acquisition this month by Diplomat, the nation’s largest independent specialty pharmacy. On Nov.
PQA appoints new board members
The Pharmacy Quality Alliance (PQA) has named new members to its board of directors and approved its 2018 executive committee. Mary Ann Kliethermes, vice chair of ambulatory care and professor at the Midwestern University Chicago College of Pharmacy, will serve as PQA’s chairman for 2018.
Sales edge in up 3Q at Shoppers Drug Mart
Led by the pharmacy, Shoppers Drug Mart saw sales climb as parent Loblaw Cos. reported financial results for the 2017 third quarter. Loblaw said Wednesday that for the 16 weeks ended Oct. 7, Shoppers Drug Mart totaled revenue of $3.751 billion (Canadian), up 3.8% from $3.613 billion a year earlier.
Rite Aid names new western division senior VP
Rob Mullins has been promoted to senior vice president of store operations of the western division, succeeding Bill Romine, who is retiring.
Lovell Drugs enlists Maricann to supply medicinal cannabis
Ontario pharmacy chain Lovell Drugs has signed a letter of intent with Maricann Group Inc. to be its exclusive supplier of medicinal cannabis.
Hy-Vee acquires pair of telepharmacies in Iowa
Hy-Vee Inc. has acquired two telepharmacy locations in Iowa and rebannered them as Hy-Vee Pharmacy. Financial terms weren’t disclosed. The food and drug retailer said Tuesday that the telepharmacies, formerly operated by TelePharm LLC, now part of Cardinal Health Inc.
CVS Health to hire 5,000 apprentices by 2022
In its continued commitment to workforce development, CVS Health announced today it has set a goal of hiring 5,000 new apprentices by 2022. This newly established goal, which coincides with the U.S.
Former Lilly exec Alex Azar tabbed to head HHS
Biopharmaceutical industry executive Alex Azar has been nominated as secretary of the U.S. Department of Health and Human Services (HHS) to fill the post vacated by Tom Price.
Loblaw Cos. shifts to single loyalty program
Next year, Loblaw Cos. plans to launch a unified customer loyalty program that joins the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart and supermarket chains.
Retail holiday sales forecast to grow 4.5%
FTI Consulting Inc.’s 2017 U.S. Holiday Retail Forecast projects 4.5% growth in discretionary holiday spending, an increase from 3.3% during the 2016 season.
Golinkin departs RediClinic, Health Dialog to lead FastMed
Web Golinkin, chief executive officer of Rite Aid Corp. subsidiaries RediClinic and Health Dialog, has left the companies to become CEO of FastMed Urgent Care. FastMed said Golinkin will oversee its more than 100 walk-in urgent care clinics in Arizona, Texas and North Carolina.
NACDS sees pharmacy as opioid crisis solution
Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the crisis.
CVS Health makes naloxone available in three more states
CVS Health has announced today that naloxone opioid overdose-reversal medication is now available without an individual prescription at all of the 300 CVS Pharmacy locations in Michigan, including those located inside Target stores.
Walgreens donating vouchers for flu shots
Walgreens is joining forces with FamilyWize Community Service Partnership, the Department of Health and Human Services and United Way, to provide a series of community health clinic events at no cost to make flu vaccination more accessible in underserved communities throughout the country.