Calif. pharmacists can dispense prescription contraceptives without Rx
Pharmacists in California can now provide prescription contraceptives to women without a script from their doctor.
Retail News
NACDS, NCPA ask Congress to hold line on TRICARE co-pays
The National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have urged congressional leaders to decline increases to prescription co-payments in TRICARE, the U.S. armed forces health benefits program.
Rite Aid finishes fiscal 2016 on an up note
Boosted by its acquisition of EnvisionRx, Rite Aid Corp. saw sales rise for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share topping Wall Street estimates for both periods. Rite Aid said Thursday that for the fourth quarter ended Feb. 27, sales totaled $8.
Pfizer, Allergan call off $160 billion merger
Pfizer Inc. said Wednesday that its merger agreement with Allergan PLC has been terminated by mutual agreement, a decision driven by the Treasury Department’s announcement of new rules intended to undercut this type of tax inversion deal.
Ahold USA names Iacobucci EVP of merchandising
Ahold USA named Andrew Iacobucci executive vice president of merchandising effective April 11.
CVS Specialty accredited by URAC
CVS Specialty, the specialty pharmacy arm of CVS Health, has been awarded Specialty Pharmacy accreditation from health care standards accrediting body URAC.
Sales rise in 2Q at Walgreens Boots Alliance
Walgreens Boots Alliance (WBA) reported double-digit revenue growth for its fiscal 2016 second quarter, with adjusted earnings per share topping Wall Street’s consensus forecast. WBA said Tuesday that second-quarter sales climbed 13.6% to $30.18 billion from $26.57 billion a year earlier.
Fred’s tabs former Walgreens executive as CFO
Former Walgreens finance executive Rick Hans has joined Fred’s Inc. as executive vice president and chief financial officer. Fred’s said late Monday that Hans fills the vacancy left when Jerry Shore, the retailer’s previous CFO, was promoted to chief executive officer in October 2014.
Walgreens: Multiple interventions best for adherence
A new study from Walgreens Boots Alliance Inc. indicates that pharmacy interventions can lead to greater medication adherence and lower health care costs.
Former Walmart executive Coughlin dies
Tom Coughlin, a legendary retailing executive and former vice chairman of Walmart, died April 1 at the age of 66. According to a Reuters report, Coughlin had been in the intensive care unit of a hospital for several days.
Cardinal, APhA honor pharmacy schools for efforts against Rx abuse
Student pharmacists from across the country and a clinical professor of pharmacy were honored by the Cardinal Health Foundation, Ohio State University College of Pharmacy and American Pharmacists Association (APhA) for their efforts in preventing prescription medication abuse and misuse.
Ex-Walgreens CFO Miquelon joins Jo-Ann Stores
Former Walgreen Co. executive vice president and chief financial officer Wade Miquelon has joined Jo-Ann Fabric and Craft Stores, where he will hold the same title.
Walgreens Healthcare Clinic renews ambulatory care accreditation
Walgreens Healthcare Clinic has earned reaccreditation from the Accreditation Association for Ambulatory Health Care (AAAHC).
Jean Coutu launches Rx image transmission service
Jean Coutu Group has introduced an image transmission service for new prescriptions that’s designed to make it easier for patients to fill medications. The Canadian drug chain said Wednesday that the new service is accessed via the Jean Coutu mobile application.
Stiller slated to leave Walgreens
Beth Stiller, group vice president of global brands and sourcing at Walgreens, is leaving the company to join Massage Envy as chief commercial officer. Stiller will be responsible for leading services, retail, innovation and operations teams at Massage Envy, a Scottsdale, Ariz.
CVS Caremark earns URAC mail pharmacy accreditation
CVS Caremark, the pharmacy benefit management unit of CVS Health, has received mail service pharmacy accreditation from URAC, a Washington, D.C.-based health care standards organization.