Walmart alters supplier terms
Walmart will begin charging most of its suppliers new fees for stocking their products in new stores and for storing them in its warehouses.
Retail News
Rite Aid shows sales gains for June
Rite Aid Corp. posted a 2.4% same-store sales gain for June. Front-end comparable-store sales increased 0.3% over the prior-year period. Pharmacy same-store sales, which included a negative impact from new generic introductions of about 226 basis points, increased 3.4%.
Drug supply tracing deadline extended
Pharmacies have a four-month extension — until November 1 — to comply with the full scope of new dispenser tracing requirements under the Drug Supply Chain Security Act (DSCSA).
Ellis retires as president and COO of Kroger
CINCINNATI – Kroger Co. announced that president and chief operating officer Mike Ellis has retired after four decades with the company. Ellis, 57, will be returning to Portland, Ore., the company said on Tuesday. Ellis started as a parcel clerk at a Fred Meyer store in 1975.
Rite Aid taps executive VP of store operations
Rite Aid Corp. said Monday that Bryan Everett will join the company as executive vice president of store operations, effective August 3. He will be responsible for all operations at the chain’s nearly 4,600 stores and will report to president and chief operating officer Ken Martindale.
Rite Aid sponsors Skin Cancer Foundation tour
For the eighth consecutive year, Rite Aid Corp. is serving as the presenting sponsor of the Skin Cancer Foundation’s annual Road to Healthy Skin Tour.
NCPA unveils agenda for annual convention
The National Community Pharmacists Association has announced the preliminary program for its 2015 Annual Convention, scheduled for Oct. 10 to 14 at the Gaylord National Resort and Convention Center in National Harbor, Md., near Washington, D.C.
McKesson ideaShare 2015 kicks off
McKesson Corp.’s ideaShare 2015 is underway this week at the San Diego Convention Center.
Supreme Court upholds health insurance subsidies
The U.S. Supreme Court has upheld the Affordable Care Act’s subsidies for health insurance, giving the law its second big win in three years. The justices ruled 6-3 that the subsidies being received by 8.7 million people to make coverage affordable were not voided by the statute’s wording.
Target’s chief merchant to step down
MINNEAPOLIS – Kathee Tesija, executive vice president and chief merchandising and supply chain officer at Target Corp., will move into an advisory role effective July 6.
Pharmacy groups ask FDA to delay product tracing deadline
The National Community Pharmacists Association (NCPA), American Pharmacists Association (APhA) and National Alliance of State Pharmacy Associations (NASPA) have asked the Food and Drug Administration to delay enforcement of a July 1 product tracing deadline for dispensers of pharmaceuticals.
NABP to maintain state access to its PMP program
The National Association of Boards of Pharmacy (NABP) will continue to fund access by state prescription monitoring programs to interstate data from its PMP InterConnect program. State PMPs will be able to participate in the program at no cost through June 2018.
CVS Health forms four new clinical affiliations
CVS Health has entered into clinical affiliations with Sutter Health in California, Millennium Physician Group in Florida, Bryan Health Connect in Nebraska and Mount Kisco Medical Group in New York.
Rite Aid closes acquisition of EnvisionRx
Rite Aid Corp. has finalized its acquisition of pharmacy benefit management company Envision Pharmaceutical Services. The closing of the deal, valued at about $2 billion, came early in the timetable that Rite Aid initially reported.
Ahold, Delhaize plan to merge
International food retailers Delhaize Group and Koninklijke Ahold N.V. plan to merge, forming a new company called Ahold Delhaize. The companies said Wednesday that the agreement, being enacted through a merger of equals of Delhaize into Ahold, will create a food retailing giant with more than 6,500
CVS Health hires chief marketing officer
Norman de Greve has been named as chief marketing officer at CVS Health. CVS said Tuesday that de Greve, president of the Boston and Detroit offices of marketing and technology agency DigitasLBi, is slated to start in the new post on July 15. In the role, de Greve will oversee marketing strategy