NCPA to roll out lab test platform for pharmacies
Community pharmacies will be able to offer patients direct access to lab tests and health screenings via a partnership announced by the National Community Pharmacists Association.
Retail News
Foulkes rises on ‘Most Powerful Women’ list
Helena Foulkes, executive vice president of CVS Health and president of CVS/pharmacy, has climbed higher on the “50 Most Powerful Women in Business” by Time Inc.’s Fortune magazine. Foulkes came in at No. 14 on the annual list this year after finishing at No. 26 in 2014.
Diplomat sells compounding pharmacy operation
Personalized medicine solution provider Restore Health plans to acquire the compounding pharmacy assets of Diplomat Pharmacy Inc. Financial terms of the agreement weren’t disclosed.
Kroger promotes execs to lead key businesses
Kroger Co. has promoted four executives — including its top merchant, retail operations chief, chief financial officer and chief information officer — to lead key lines of business.
Bartell Drugs gets set for Fall Beauty Event
Later this month, Bartell Drugs plans to kick off its Fall Beauty Event, which will offer free makeup consultations in select stores and chainwide discounts on a range of beauty care products. The Seattle-area drug chain said Wednesday that the promotion will run Sept. 27 to Oct. 3.
Haggen files for Chapter 11 bankruptcy
Haggen Inc. has filed for Chapter 11 bankruptcy protection, as the food and drug retailer has struggled since expanding into California via the acquisition of Albertsons and Safeway stores late last year.
NACDS, PhRMA help weigh impact of Rx use on Medicaid costs
The National Association of Chain Drug Stores and the Pharmaceutical Research and Manufacturers of America (PhRMA) co-authored a Health Affairs article on research finding that when prescription drugs are taken as directed by a physician, other medical costs are reduced for certain Medicaid benefici
Rite Aid to spotlight Folds of Honor scholarship recipients
This month, Rite Aid associates across the country will honor 274 students receiving Folds of Honor educational scholarships provided by The Rite Aid Foundation’s KidCents program.
CVS study: Narrow networks aid Rx adherence
Members of drug benefit plans with narrow pharmacy networks show improved medication adherence, according to a new study by the CVS Health Research Institute.
Walmart, Fred’s cite Rx headwinds for profit squeeze
The world’s biggest retailer and a regional discount chain have attributed pressure on profits to trends in the prescription drug business. Walmart and Memphis, Tenn.-based Fred’s Inc.
Rite Aid comp-store sales inch up in August
Rite Aid Corp. posted a slight gain in comparable-store sales for August. Rite Aid said Thursday that for the five weeks ended Aug. 29, same-store sales edged up 1.6% year over year. The increase continued the drug chain’s positive trend in comp-store sales for 2015 but was down from gains earlier
CVS makes strides in cutting tobacco use
CVS/pharmacy’s removal of tobacco products from its stores is showing its impact a year later. A study by the CVS Health Research Institute revealed a reduction in cigarette purchases over the past year, CVS Health said Thursday.
Sam’s Club pharmacies to offer diabetes screenings
This month, Sam’s Club pharmacies plan to hold free diabetes screenings for club members and the public. The Walmart warehouse club chain said Wednesday that the screenings, to be offered on Sept.
Walgreens, UN vaccination drive gets under way
Walgreens and the United Nations Foundation have kicked off their annual “Get a Shot, Give a Shot” campaign, which aims to provide life-saving vaccines where they’re most needed to children worldwide.
Pharmacy veteran Segrave joins Bartell Drugs’ board
Frank Segrave, president and chief executive officer of Silvergate Pharmaceuticals and former vice president of pharmacy at Walmart, has joined the board of directors of Bartell Drugs.
BJ’s taps Baldwin as president, COO
WESTBOROUGH, Mass. – BJ’s Wholesale Club Inc. has named Christopher Baldwin president and chief operating officer, effective September 8.