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.
Retail News
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.
Care Pharmacies renews with CEO Wysong
Care Pharmacies Cooperative Inc. has extended the contract of chief executive officer Michael Wysong.
CVS Health affiliates with Pa., Ohio health systems
CVS Health has formed new clinical affiliations with St. Luke’s University Health Network in Bethlehem, Pa., and TriHealth in Cincinnati.
Kmart Pharmacy: For too many, flu shot not a priority
Too many people still don’t feel the need to get a flu shot, a new survey from Kmart Pharmacy finds. Of more than 10,000 U.S. adults polled online, 41% said they typically don’t get a flu shot — even though 94% agree some people are particularly vulnerable to getting the flu
CVS makes bigger push into telehealth
CVS Health has stepped up efforts to provide telehealth services through pilots with a trio of telemedicine technology companies.
Pharmaprix tabs actress as AIMEZ VOUS ambassador
Shoppers Drug Mart’s Pharmaprix store banner in Quebec has signed up actress Sophie Prégent as the ambassador for the chain’s AIMEZ VOUS program promoting women’s health and well-being.