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Industry mourns passing of FMI’s Cathy Polley

Industry mourns passing of FMI’s Cathy Polley

Cathy Polley, vice president of health and wellness at the Food Marketing Institute and executive director of the FMI Foundation, died earlier this week after a long battle with cancer. A registered pharmacist, Polley during the course of her career emerged as a leading advocate for the profession.

Meijer opens pharmacy in Michigan hospital

Meijer opens pharmacy in Michigan hospital

Supercenter operator Meijer has opened a full-service retail pharmacy here at Spectrum Health Butterworth Hospital. Meijer said the opening, announced Monday, makes it one of the first major retailers to open a pharmacy in a large hospital system in Michigan.

Walmart health & wellness president to depart

Walmart health & wellness president to depart

Labeed Diab is leaving his post as president of health and wellness for Walmart U.S. to join Brookdale Senior Living Inc. as chief operating officer. Plans call for Diab to start at Brookdale, a Nashville, Tenn.-based operator of senior living communities across the country, on Nov. 16.

WBA-Rite Aid divestitures could total up to 1,000

WBA-Rite Aid divestitures could total up to 1,000

Walgreens Boots Alliance (WBA) Inc. has indicated that as many as 1,000 stores could be divested to gain regulatory approval for its deal to acquire Rite Aid Corp. In an investor presentation filed Monday with the Securities and Exchange Commission, WBA said the the $17.

CVS in-store campaign supports cancer research

CVS in-store campaign supports cancer research

CVS/pharmacy has kicked its second annual in-store fundraising campaign to benefit the cancer research group Stand Up To Cancer (SU2C). CVS said Monday that the campaign, which features actress and SU2C ambassador Eva Longoria, is part of a three-year, $10 million commitment by CVS Health to SU2C.

CVS Health reports rise in revenue for 3Q

CVS Health reports rise in revenue for 3Q

CVS Health posted sales gains in both its retail pharmacy and pharmacy services businesses for the 2015 third quarter, with adjusted earnings per share (EPS) finishing in line with analysts’ projections.

Kroger pharmacy VP honored with award

Kroger pharmacy VP honored with award

Kroger Co. vice president of pharmacy Philecia Avery was recognized by the National Diversity Council with a 2015 Most Powerful & Influential Women Award. Kroger said Thursday that Avery was presented with the award at the 8th Annual Ohio Diversity & Leadership Conference in Columbus, Ohio.

Rite Aid sees same-store sales uptick in October

Rite Aid sees same-store sales uptick in October

Comparable pharmacy results helped offset a same-store sales dip in the front end at Rite Aid Corp. for October. Rite Aid said Thursday that for the four weeks ended Oct. 24, comparable-store sales inched up 1% year over year, reflecting a 0.5% decrease in the front end and a 1.7% gain

CFO Karst promoted at Rite Aid

CFO Karst promoted at Rite Aid

Rite Aid Corp. chief financial officer Darren Karst has been promoted to senior executive vice president and added the title of chief administrative officer. Rite Aid said late Wednesday that the appointment is effective immediately. Karst previously was executive vice president and CFO.

Walgreens Boots Alliance finishes fiscal 2015 on high note

Walgreens Boots Alliance finishes fiscal 2015 on high note

The morning after announcing its blockbuster deal to acquire Rite Aid Corp., Walgreens Boots Alliance Inc. reported earnings for its fiscal 2015 fourth quarter and full year that topped Wall Street’s forecast. The company — closing its first full year following the combination of Walgreen Co.

It’s official: Walgreens to buy Rite Aid for $17.2B

It’s official: Walgreens to buy Rite Aid for $17.2B

After headlines surfaced earlier in the day, Walgreens Boots Alliance Inc. made it official: The company has reached a deal to acquire Rite Aid Corp. for a total value of $17.2 billion. The companies announced the deal late Tuesday. Under the agreement, Walgreens Boots Alliance will buy Rite

Report: Walgreens in talks to buy Rite Aid

Report: Walgreens in talks to buy Rite Aid

Walgreens Boots Alliance is in discussions about a possible acquisition of Rite Aid Corp., the Wall Street Journal reported. The Journal report said Tuesday that the talks are advanced and that a deal could be announced as soon as Wednesday.