Rite Aid ready to do a lot more than fill scripts
With its recent acquisitions, Rite Aid Corp. is well-positioned to further expand its health care capabilities, according to chairman and chief executive officer John Standley.
Retail News
Affordable Care Act encounters new headwinds
UnitedHealth Group Inc. may pull out of Affordable Care Act health insurance exchanges in 2017 after losing what it said were hundreds of millions of dollars on policies sold under the law.
Health care spending outpaces economy
Health care spending in the United States last year exceeded $3 trillion as five years of slow growth was replaced by the Affordable Care Act’s expansion of Medicaid and private health insurance coverage. Prescription drug prices accelerated as well.
Shoppers Drug Mart launches more beautyBOUTIQUEs
Shoppers Drug Mart (SDM) has debuted its sixth and seventh enhanced beautyBOUTIQUE store-within-a-stores in Ottawa and Montreal. The Ottawa boutique was unveiled at a store in the Rideau Centre. The Montreal boutique, named galerieBEAUTÉ, was unveiled in a Pharmaprix unit on Rue Sainte-Catherine.
NACDS speaks out on Rx importation, refill reminders
The National Association of Chain Drug Stores made its voice heard this week on two key pharmacy matters: importation of prescription drugs and prescription refill reminders.
Walgreens sharpens Flu Index tool
Walgreens has enhanced its flu tracker tool to provide more specific location information. The drug chain said it has launched the first weekly Walgreens Flu Index for the 2015-16 season.
November sales inch up at Rite Aid
Rite Aid Corp. posted a slight gain in comparable-store sales for November. Rite Aid said Thursday that for the five weeks ended Nov. 28, comp-store sales edged up 0.9% year over year, compared with a 1% same-store sales increase for October (covering a four-week period).
Rite Aid serves up discounted flu shots
Rite Aid Corp. has begun offering discounts on certain trivalent flu shots in support of National Influenza Vaccination Week. Rite Aid said Wednesday that through Dec. 12 it will provide the cell-based flu vaccine Flucelvax for $32.99 and the standard trivalent flu shot for $26.99, a discount of $5.
For Rxs and OTCs, Americans favor generics
When given a choice in purchasing a prescription or over-the-counter drug, most U.S. consumers will opt for a generic product, a new Harris Poll finds. Harris said Wednesday that of the 2,255 U.S.
Publix enhances free medication program
Publix Super Markets Inc. has expanded supply options in its free medication program to help patients on maintenance medicines.
AmEx adds Rite Aid, Dollar General to cash-load network
Rite Aid Corp. and Dollar General Corp. have joined the American Express Free Cash Reload network.
Walmart names president of health and wellness
Former longtime Walgreens executive George Riedl has been named a senior vice president and president of health and wellness at Walmart. He succeeds Labeed Diab, who left Walmart to join Brookdale Senior Living Inc. as chief operating officer.
McKesson AccessHealth offers Part D support to pharmacies
McKesson AccessHealth has launched a Medicare Part D support program to help independent pharmacies during the 2016 plan year.
CVS boosts digital Rx functionality with new tools
CVS Health has unveiled a suite of digital tools designed to help customers better manage and adhere to their prescriptions.
Walmart’s Q3 earnings beat expectations
BENTONVILLE, Ark. – Walmart on Tuesday reported fiscal third quarter net income of $3.30 billion, down from $3.71 billion a year ago but better than what Wall Street analysts were expecting. Comparable-store sales increased 1.5% on a traffic increase of 1.7%.
Walgreens’ Chawla joins Kohl’s as COO
MENOMONEE FALLS, Wis. – Sona Chawla, president of digital and chief marketing officer at Walgreen Co., has been named chief operating officer at Kohl’s Department Stores.