Safeway to sell 11 Dominick’s stores to Roundy’s
Safeway Inc. has agreed to sell 11 of its Dominick’s food and drug combo stores in metropolitan Chicago to Roundy’s Inc.
Retail News
Pharmacy executive promoted by Rite Aid
Karen Staniforth has been promoted to group vice president of pharmacy initiatives and clinical services at Rite Aid Corp.
CMS: Seniors saved $8.9 billion on Rxs due to ACA
Seniors and people with disabilities with Medicare prescription drug plan (PDP) coverage saved nearly $9 billion to date on prescription drugs as a result of the Affordable Care Act, according to new data from the Centers for Medicare & Medicaid Services (CMS).
APhA meets at White House for ACA discussion
The American Pharmacists Association (APhA) and other members of the pharmacy community participated in a meeting at White House yesterday to discuss progress in the rollout of the Affordable Care Act (ACA).
Shoppers Drug Mart launches online vitamin tool
Shoppers Drug Mart Corp. has created a new online tool to help customers find dietary supplements and natural health products.
Poll: Canadians unaware of pharmacists’ scope of services
A vast majority of Canadians trust pharmacists and see them as key health care partners, yet many aren’t aware of the breadth of health services that pharmacists can provide, a new survey from Pfizer Canada finds.
USP joins effort to ‘Fight the Fakes’
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 to buy Coram infusion business
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.
Pharmacy business grows at Fred’s
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
Former Loblaws COO joins Shopko as CEO
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 CEO Duke to retire; McMillon tabbed as successor
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.
Foulkes to succeed Cosby as CVS/pharmacy chief
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 forms clinical affiliation in St. Louis area
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.
Walgreens, John Hopkins open new store
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.
‘E-store window’ launched by Jean Coutu
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.
Court upholds Ontario ban on private-label generics
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.