Diplomat tabs former Biogen, Walgreens exec as EVP
Robyn Peters has joined Diplomat Pharmacy Inc. as executive vice president of sales and payor strategies. Peters, most recently vice president of market access and reimbursement at Biogen Inc.
Retail News
Lynne Fruth named a Wonder Woman
Fruth Pharmacy president Lynne Fruth has been named a West Virginia Wonder Woman by WV Living magazine. WV Living chose a number of women for this year’s honor. The magazine wanted to recognize women who were making their communities, state and world a better place to live. Fruth joined the ranks
Pharmaca provides naloxone without prescription in Seattle
Pharmacists at Pharmaca Integrative Pharmacy’s four Seattle-area locations have begun dispensing the opioid overdose antidote naloxone to patients without a prescription.
CVS kicks off in-store fundraiser for cancer research
CVS Health has launched its fourth annual in-store fundraising campaign to benefit Stand Up To Cancer (SU2C) at CVS Pharmacy stores nationwide. Through Nov. 19, CVS Pharmacy customers can support Stand Up To Cancer by making a $1, $3 or larger donation at checkout or online at StandUpToCancer.
Analyst: Latest Amazon pharmacy fears overblown
Fears among pharmacy players and investors that e-tail giant Amazon plans to enter the industry may be overblown — at least for the time being, according to Jefferies analyst Brian Tanquilut. Pharmacy stocks, including pharmacy retailers and suppliers, have taken a pounding since the St.
NRF to honor Walmart’s Doug McMillon as ‘Visionary’
The National Retail Federation will recognize Walmart president and chief executive officer Doug McMillon as “The Visionary,” an annual award honoring outstanding retail industry leaders The award will be presented to McMillon at the 2018 NRF Foundation Gala on Jan. 14 in New York City.
Rite Aid, BJ’s gain in retail customer experience
Rite Aid and BJ’s Wholesale Club saw the largest gains among food, drug and mass retailers in Forrester’s U.S. 2017 Customer Experience Index (CX Index). Forrester’s CX Index, based on a survey of about 120,000 U.S. online adult consumers, measures and ranks more than 300 U.S.
NACDS to honor Houston physician for Harvey recovery efforts
The National Association of Chain Drug Stores Foundation plans to honor Umair Shah, M.D., M.P.H., who was instrumental in the Houston hurricane response and recovery efforts, at next month’s NACDS Foundation Dinner.
Trump declares opioid abuse a public health emergency
Following through on pledge made this summer, President Donald Trump has formally declared the nation’s growing opioid abuse epidemic as a public health emergency.
Washington faces Rx reimbursement challenge
The National Association of Chain Drug Stores, National Community Pharmacists Association and Washington State Pharmacy Association (WSPA) are challenging changes to Medicaid pharmacy reimbursement in Washington state.
CVS Health deploys drug disposal kiosks in stores
CVS Health has officially expanded its safe medication disposal kiosk program to CVS Pharmacy stores.
WBA to shut 600 stores in retail network overhaul
Walgreens Boots Alliance (WBA) plans to close 600 stores starting next year as it rationalizes its U.S. drug store base following the $4.375 billion purchase of 1,932 Rite Aid stores.
WBA’s Q4 earnings top analysts’ forecast
Walgreens Boots Alliance (WBA) beat Wall Street’s adjusted earnings per share forecast for its 2017 fourth quarter and fiscal year, with pharmacy results helping boost sales for both periods. However, WBA said Wednesday that costs related to the unsuccessful deal to acquire Rite Aid Corp.
CVS Caremark unveils performance-based Rx network
For its CVS Caremark pharmacy benefit manager, CVS Health next year plans to roll out a new 30,000-store pharmacy network anchored by CVS Pharmacy and Walgreens. CVS said late Tuesday that the performance-based network also will include up to 10,000 independent community pharmacies nationwide.
Kroger promotes Mike Donnelly to COO
Kroger Co. has named Mike Donnelly as executive vice president and chief operating officer. The supermarket giant said Tuesday that Donnelly, currently executive vice president of merchandising, will start in the new post on Nov. 1.
NACDS tackles opioid crisis in letter to Trump
The National Association of Chain Drug Stores has made four policy proposals to help fight opioid abuse in a letter to President Donald Trump.