The United States Pharmacopeial Convention (USP) has teamed up with other global health organizations in "Fight the Fakes," a campaign to boost awareness and stop the proliferation of counterfeit and substandard medicines.
CVS Caremark Corp. plans to acquire Coram LLC, the specialty infusion services and enteral nutrition business of home health care provider Apria Healthcare Group, for $2.1 billion. CVS said Wednesday that the agreement will expand its specialty pharmacy services, a key growth area.
For the first time, pharmacy sales topped 40% of the quarterly revenue mix at Fred’s Inc. The discount general merchandise chain said Tuesday that total revenue rose 2% to $460.5 million for the third quarter ended Nov. 2, with pharmacy sales climbing by more than 8%. Net income came in at $7.3
Shopko has named Peter McMahon as its new chief executive officer, taking the reins from interim CEO and chief operating officer Mike Bettiga. The general merchandise retailer said Monday that McMahon brings a wealth of retail experience to the company, spanning more than 30 years.
Walmart has named Doug McMillon to replace the retiring Mike Duke as president and chief executive officer, effective Feb. 1. The discount store giant announced the CEO succession plan on Monday. Duke has served as Walmart’s CEO since 2009, when he succeeded Lee Scott.
CVS Caremark Corp. announced that Mark Cosby plans to step down as CVS/pharmacy president at the end of this year and will be replaced by Helena Foulkes, chief health care strategy and marketing officer.
Healthcare Clinic, the retail clinic arm of Walgreen Co., has entered a clinical affiliation with SSM Health Care-St. Louis. The companies said Thursday that the collaboration is slated to go into effect in January.
As part of a partnership unveiled this past summer, Walgreen Co. has officially opened a new store near the Johns Hopkins East Baltimore medical campus.
Acting on the growing digital commerce trend, Jean Coutu Group has rolled out what it calls an "e-store window" for the holiday season. To buy a product on e-window holiday display, customers scan a QR code using their smartphone.
Shoppers Drug Mart Corp. reported that the Supreme Court of Canada has upheld a Court of Appeal of Ontario decision in December 2011 that restored a ban on private-label generic drugs in Ontario.
What is believed to be the nation’s first net zero energy store — meaning it is expected to produce as much or more energy than it consumes — has been opened by Walgreen Co. in Evanston, Ill. The store features two wind turbines, nearly 850 solar panels and a geothermal system burrowed
A new report from Pharmaprix/Shoppers Drug Mart highlights the prevalence of complex chronic diseases in Canada and calls government to prioritize prevention and management, including through greater use of pharmacists.
The Jean Coutu Group has enlisted a solution from Microsoft Inc. to manage all of its retail operations.
More than 75 pharmacists and student pharmacists from the Washington, D.C., metropolitan area performed free health screenings on Capitol Hill this week.
In lead-up to a hearing of the Subcommittee on Health of the House of Representatives Committee on Energy and Commerce, the National Association of Chain Drug Stores highlighted the collaborative role that pharmacy plays in helping curb prescription drug abuse and drug diversion.
Illustrating technology’s paramount role in marketing, Walgreen Co. has promoted e-commerce president Sona Chawla to the newly created role of digital and chief marketing officer. Sona Chawla Walgreens said Thursday that Chawla will lead a new Digital and Marketing Division.
