WBA ups store sell-off estimate for Rite Aid deal
Walgreens Boots Alliance (WBA) said it’s working on store divestiture scenarios with the Federal Trade Commission to gain clearance for its $17.2 billion deal to acquire Rite Aid Corp.
Retail News
CVS Project Health campaign gets under way
CVS Health has kicked off Project Health, its annual campaign to foster access to primary care and promote a preventive approach to health care. CVS said Wednesday that, from Sept. 8 to Dec. 18, it will provide nearly $8 million of free health services through more than 500 Project Health events at
Bartell Drugs helps promote childhood vaccinations
Bartell Drugs has teamed up with the foundation of Group Health, its in-store clinic partner, to boost awareness of and access to childhood immunizations throughout Washington state.
Former CVS/MinuteClinic exec joins health consultancy
Nancy Gagliano, a former senior vice president at CVS Health and chief medical officer of MinuteClinic, has been named chief medical officer at Culbert Healthcare Solutions, a management consulting firm serving health care organizations. Woburn, Mass.
CVS in-store fundraiser supports cancer therapy research
CVS Health has launched an in-store fundraising campaign to benefit Stand Up To Cancer (SU2C), a program that supports cancer research to facilitate new therapies and help save more lives. CVS said Tuesday that through Oct.
Walmart makes health care a strategic pillar
Walmart’s health and wellness division is poised to play a prominent part in the discounter’s ambitious drive to reinvent retail for an era when brick-and-mortar stores coexist with e-commerce. Pharmacy, over-the-counter medications and vision care currently account for about 10% of Walmart’s U.S.
Affordable Care Act up against more headwinds
The pullback of health insurance companies from the Affordable Care Act has focused a harsh light on President Obama’s signature legislative achievement. Most recently, Aetna Inc.
Report: Walmart to cut 7,000 jobs
Walmart plans to eliminate about 7,000 back-office jobs at its U.S. stores over the coming months, The Wall Street Journal reported.
Fred’s tabs McLane as a primary distributor
Fred’s Inc. has entered a multiyear primary distribution contract with McLane Co. McLane said Thursday that the new agreement, which starts in October, will consolidate the efforts of 60-plus distributors serving Fred’s 651 discount and pharmacy stores.
FDA labeling changes target Rx misuse
Citing dangers from combined use, the Food and Drug Administration is requiring classwide changes to labeling for opioid analgesics, prescription opioid cough products and benzodiazepines, a group of central nervous system depressant drugs.
Express Scripts program caps drug costs for diabetes
Express Scripts has unveiled a program designed to rein in drug spending for diabetes patients. The pharmacy benefit manager on Wednesday launched the Diabetes Care Value Program, which the company said improves pharmacy care and controls plan costs for people with diabetes.
Albertsons pharmacies serve up no-appointment flu shots
Albertsons Cos. has begun offering flu shots on a walk-in basis at its more than 1,700 supermarket pharmacy locations.
Target chief marketing officer exits to join Uber
Target Corp. executive vice president and chief marketing officer Jeff Jones is leaving the company to join online car service company Uber. Target said Tuesday that Jones is leaving the company effective Sept. 9.
Bloom succeeds Shore as CEO of Fred’s
Fred’s Inc. president and chief operating officer Michael Bloom has been named as chief executive officer, succeeding Jerry Shore, who is retiring. Bloom takes the CEO reins effective immediately, and plans call for Shore to retire from the company in February, Fred’s said Tuesday.
Rite Aid enables access to naloxone without Rx
Rite Aid Corp. has made the opioid overdose antidote naloxone available without a prescription at its pharmacies in 13 states. The drug chain said Monday that naloxone — administered by injection or nasal spray — previously was available only with a prescription from a doctor.
Health Mart leads drug chains in Rx customer satisfaction
Health Mart came in first among chain drug retailers in a pharmacy customer satisfaction survey by market research firm J.D. Power. Still, chain drug stores as a group trailed supermarket pharmacies and mail order pharmacies in terms of patient satisfaction, according to the J.D. Power 2016 U.S.