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.
Retail News
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.
Benzer Pharmacy makes Inc. 5000 list
Benzer Pharmacy has made this year’s Inc. 5000 list of the fastest-growing private companies, coming in at No. 1500. The drug chain said Monday that companies making the 2015 Inc. 5000 list were ranked according to percentage of revenue growth between 2011 and 2014.
More CareClinics open at Bartell Drugs
Bartell Drugs and Group Health Cooperative have opened two new CareClinics at the drug chain’s stores in Sammamish and Greenwood, Wash. With the new retail clinic locations, there are now five CareClinics operating in Bartell Drugs stores.
CVS survey spotlights the impact of the flu
Almost two in five U.S. adults have missed a life event because of flu-like symptoms, according to a survey from CVS/pharmacy.
Pharmacy customer satisfaction remains high
Consumers continue to give high marks to service and staff at retail pharmacies, according to the J.D. Power 2015 U.S. Pharmacy Study. J.D. Power said Monday that customer satisfaction with pharmacies has remained at a high level amid the myriad changes in the nation’s health care sector.