Industry Outlook: Drug chains to get a lift
Drug chains are leveraging their strengths of accessibility and convenience as they extend their core prescription drug business further into the health care realm and diversify their front-end mix.
Retail News
Motz guides Shoppers Drug Mart in new era
Interviewed in his office some three months into his mandate as president of Shoppers Drug Mart (SDM), Mike Motz exuded the energy and enthusiasm that his colleagues say has typified his approach to his whole career in retail management.
HHS to eye the pricing of generics
The federal government is looking into the effect of generic drug price increases on Medicaid. The Office of the Inspector General of the Department of Health and Human Services (HHS) will compare generic price increases between 2005 and 2014 to the inflation rate.
Six locations added under Longs banner
CVS Health’s Longs Drugs will acquire the pharmacy operations of all 10 Mina Pharmacy locations in Hawaii, with six Mina locations to be renamed Longs Pharmacy and four stores to close, according to Pacific Business News.
NACDS leaders say industry progressing toward ‘full potential’
National Association of Chain Drugs Stores chairman John Standley and president and chief executive officer Steve Anderson updated members on the association’s position in health care, retail, public policy and the political arena at the 2015 NACDS Annual Meeting here.
Thrifty White takes patient experience to next level
Thrifty White Pharmacy’s focus is “It’s All About the Patient and Healthy Outcomes.” And that focus has been implanted into the mind-set of its pharmacists and other store personnel as well as those who work at the corporate level.
Anderson has NACDS moving in right direction
An apt symbol for what Steve Anderson’s leadership has meant to the National Association of Chain Drug Stores is certainly RxImpact Day.
Ritzman adds specialty Rx capabilities to arsenal
With the launch of specialty pharmacy services, Ritzman Pharmacies had one of its most successful years in 2014.
Lewis Drug steps up its pace of expansion
Last year brought dramatic expansion for Lewis Drug, as it acquired 12 stores in three states. The pickups brought the chain’s store count at the start of 2015 to 46, and more purchases are in the works. In the first half of 2014 the retailer bought a half-dozen independent outlets across
Jean Coutu Group connects with its customers
Through its ability to forge solid relationships with shoppers, both those in the pharmacy and those at the front end, the Jean Coutu Group has been able to retain loyal customers as well as attract new clientele, according to president and chief executive officer François Coutu.
NCPA provides video training for med sync
The National Community Pharmacists Association (NCPA) has launched “Implementing Med Sync,” a six-part video training series for community pharmacies that want to set up an appointment-based medication synchronization program in their stores.
Publix reaches pharmacy milestone
Publix Super Markets Inc. this month marked a milestone for its pharmacies by surpassing 50 million free prescriptions for customers in the past eight years.
Partnership brings specialty Rx services to independents
The Academy of Independent Pharmacy (AIP) and Aureus Health Services have partnered to provide specialty pharmacy services to independent retail pharmacies.
Fruth Pharmacy charts course for 2015 and beyond
Fruth Pharmacy is pursuing a number of key objectives to evolve its business in both the pharmacy and front end for this year and beyond, according to chairman and president Lynne Fruth.
CVS/pharmacy plans promo for store brands
CVS/pharmacy is set to kick off “Fill Your Bag,” a chainwide promotion offering shoppers savings on CVS brand products, as well as select exclusive product lines. CVS said Wednesday that the promotion will run in-store and online from April 26 to May 23.
NACDS, NCPA hail House passage of Rx abuse bill
The National Association of Chain Drug Stores and the National Community Pharmacists Association applauded the House of Representatives’ passage of the Ensuring Patient Access and Effective Drug Enforcement Act of 2015 (H.R. 471).