Walmart reported decreased net earnings for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share above Wall Street’s consensus forecast. The retail giant said Thursday that for the fourth quarter ended Jan. 31., net income fell 7.9% to $4.57 billion, or $1.
Stakeholders in chain pharmacy understandably direct a lot of attention to the giants of the industry, such companies as CVS Health, Walgreens Boots Alliance, McKesson and Kroger.
Paul Urick has been promoted to senior vice president of industry relations for pharmaceutical account management and payer strategies at Diplomat Pharmacy Inc.
Though the Centers for Medicare & Medicaid Services (CMS) has improved Medicare Part D patient access to preferred pharmacies, more work needs to be done, according to the National Community Pharmacists Association.
Cardinal Health Inc. said its new medication synchronization program, MedSync Advantage, offers manifold benefits for community pharmacies in terms of patient care and efficiency.
Economists at the National Retail Federation (NRF) predict retail industry sales this year will exceed their 10-year average as the economy continues to grow and consumers show more willingness to spend. The federation forecasts sales will rise 3.1% in 2016, topping the 2.
CVS Health said it’s now providing meningitis B vaccines to people living in Santa Clara County, Calif., in response to confirmed cases of the disease on the Santa Clara University campus.
Benzer Pharmacy has acquired Acme Pharmacy in Mango, Fla., which will mark the third location that the drug chain has added so far this year.
This month, Rite Aid associates nationwide are recognizing their local KidCents charities for participating in The Rite Aid Foundation’s “Big Heart Gives Challenge.
Jean Coutu Group has upgraded its online health care management platform to make it easier for families to access and keep track of their pharmacy and other health information.
Aligning with public- and private-sector efforts to fight drug abuse, Walgreens plans to make opioid-overdose antidote naloxone available without a prescription in most of its stores and deploy medication disposal receptacles in hundreds of stores.
CVS Health saw sales climb by double digits for the 2015 fourth quarter and fiscal year, fueled in large part by its acquisition of long-term care pharmacy provider Omnicare Inc., while adjusted earnings per share were in line with Wall Street’s forecast.
Walgreens is highlighting the availability of meningitis B vaccines at all of its Santa Clara, Calif.-area stores.
Fresh off the Denver Broncos’ Super Bowl victory last evening, policy and politics moved into the spotlight as the main program of the 2016 NACDS Regional Chain Conference got under way.
Jeff Leger has been named executive vice president of pharmacy and health care for both Loblaw and Shoppers Drug Mart stores. He had been senior vice president of Loblaw pharmacy and pharmaceutical partnerships. Leger took the new role following the departure of Dr.
In comments to Congress, the National Community Pharmacists Association called for more oversight of pharmacy benefit management (PBM) companies.
