Senators launch investigation of Rx pricing
A U.S. Senate committee has begun a probe of recent spikes in pharmaceutical pricing. Sens. Susan Collins (R., Maine) and Claire McCaskill (D., Mo.
Retail News
Ritzman med sync solution fosters Rx adherence
Ritzman Pharmacy is giving patients a hand in following their prescription regimens via Design Rx, a system that sorts and prepackages medications in daily doses.
MinuteClinic opens first Maine locations
CVS Health’s MinuteClinic has expanded to another state with its first walk-in medical clinics in Maine. MinuteClinic said Wednesday that it has opened retail clinics inside CVS/pharmacy stores in Portland and South Portland. State Sen.
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
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
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
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/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.
Walgreens: Pharmacist interventions pay off
New research by Walgreens finds that pharmacist interventions can play a key role in improving patients’ medication adherence and achieving related health care benefits.
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 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.
Fox News’ Megyn Kelly to keynote NACDS Foundation Dinner
Fox News Channel’s Megyn Kelly will be the featured speaker at this year’s National Association of Chain Drug Stores Foundation Dinner.
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
Senators urge close scrutiny of WBA-Rite Aid deal
Two U.S. senators with oversight for antitrust issues have called on federal regulators to take a close look at Walgreens Boots Alliance Inc.’s $17.2 billion deal to acquire Rite Aid Corp. Sen. Mike Lee (R.
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
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.