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Retail News

Walmart names health and wellness VP

Walmart names health and wellness VP

Marcus Osborne has been appointed as vice president of health and wellness transformation at Walmart. Walmart confirmed Osborne’s promotion on Wednesday. He previously served as vice president of health and wellness payer relations.

Prescription drugs fuel rise in health spending

Prescription drugs fuel rise in health spending

U.S. spending on prescription drugs is projected to continue climbing faster than overall health care expenditures, according to a new report from the Department of Health and Human Services (HHS). In 2015, U.S. prescription drug spending totaled $457 billion, up 7.

PharmaChoice drug store banner reaches milestone

PharmaChoice drug store banner reaches milestone

Canadian drug store cooperative PharmaChoice has surpassed 600 locations, making it the country’s second-largest independent pharmacy banner. PharmaChoice said Monday that it has nearly doubled its store count in the past five years.

Rite Aid comp-store sales decline in February

Rite Aid comp-store sales decline in February

Comparable-store sales continued to edge down at Rite Aid Corp. in February, but the drug chain reported sales gains for its 2016 fiscal year. Rite Aid said Thursday that for the five weeks ended Feb. 27, same-store sales in its retail pharmacy segment dipped 0.8% year over year.

APhA launches online opioid resource center

APhA launches online opioid resource center

The American Pharmacists Association (APhA) has gone live with an online resource center to serve as a one-stop shop for pharmacists who want to learn more about opioid use, abuse and misuse.