NACDS announces Insight Sessions for Total Store Expo
The National Association of Chain Drug Stores has unveiled its lineup of educational Insight Sessions for the 2015 NACDS Total Store Expo.
Retail News
Walmart elects Penner as new chairman
FAYETTEVILLE, Ark. – Walmart’s board of directors has elected Greg Penner to serve as chairman. He succeeds Rob Walton, 70, who has served as chairman since 1992. Walmart said Friday that Walton will continue to serve on the board.
Cardinal Health to buy Harvard Drug Group
Cardinal Health Inc. plans to acquire pharmaceutical distributor The Harvard Drug Group (THDG) from private equity firm Court Square Capital Partners for $1.115 billion.
Fruth Pharmacy offers talking Rx label for visually impaired
This month, Fruth Pharmacy plans to help demonstrate a new talking prescription label for the visually impaired. The regional drug chain has rolled out the AccessaMed prescription label to all of its 26 stores in West Virginia and Ohio.
Rite Aid sees comp-store sales edge up in May
Comparable-store sales at Rite Aid Corp. rose in May despite almost flat results in the front end. The drug chain said Thursday that for the five weeks ended May 30, same-store sales gained 2.1% year over year. The company had reported a 3% comp-store sales increase for April. In the front
Drug distributors reap benefits of tech investment
The rapid adoption of new technology is making the drug distribution industry healthier than ever.
CVS, HHS team up to promote online health tool
CVS Health has partnered with the U.S. Department of Health and Human Services (HHS) to promote myhealthfinder, an online health tool.
Sam’s Club pharmacies to host men’s health screenings
This month, Sam’s Club plans to offer free men’s health screenings at all of its pharmacy locations. The Walmart warehouse club chain said Tuesday that the His Health screenings are confidential and will be held Saturday, June 13, from 11 a.m. to 3 p.m at Sam’s Club’s 608 pharmacies.
AmerisourceBergen plans three new DCs
AmerisourceBergen Corp. is set to begin construction on three new distribution centers, to be located in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. AmerisourceBergen said Monday that building for the new facilities is slated to start this summer and take 18 to 24 months to complete.
Rexall CFO Driscoll to leave for new job
Sharon Driscoll, executive vice president and chief financial officer at Rexall/Katz Group Canada Ltd., is leaving the company to join Ritchie Bros., an industrial equipment auctioneer. Ritchie Bros. said Friday that Driscoll is set to start at the company on July 6 as chief financial officer.
Walgreens CIO Tim Theriault to step down
Tim Theriault, executive vice president and global chief information officer at Walgreens Boots Alliance Inc., is stepping down as of June 1. Walgreens said Friday that Theriault is leaving the CIO position for personal reasons. He has served as the drug chain’s CIO for more than five years.
Rexall appoints Schreiber as chief executive
EDMONTON, Alberta – Former Shoppers Drug Mart chief executive officer Jürgen Schreiber has been named CEO of Rexall Health, a newly formed banner under the Katz Group.
Shoppers Drug Mart enhances Optimum
Shoppers Drug Mart has enhanced its Shoppers Optimum loyalty program with a new platform designed to bring a personalized digital experience. Called “My Optimum. My Rewards.
Dollar General names Vasos as new CEO
Todd Vasos has been named to succeed Rick Dreiling as chief executive officer of Dollar General Corp. The dollar store chain said Thursday that Vasos, currently chief operating officer, also has been elected to the company’s board. He is slated to take the reins as CEO on June 3. “I am excited and
CVS Health Foundation helps fund Easter Seals smoking cessation program
The CVS Health Foundation is supporting a national smoking cessation program from Easter Seals as the charity marks World No Tobacco Day on May 31.
NABP announces general availability for .pharmacy
Next week, the National Association of Boards of Pharmacy (NABP) plans to make the .pharmacy domain name generally available. NABP said late Tuesday that all pharmacies and pharmacy-related entities may apply for .pharmacy domain names starting June 3. The association began accepting .