Distribution center kicks off CVS effort to hire veterans
CVS Caremark Corp. is launching its effort to hire military veterans and spouses with an event at the company’s Vero Beach, Fla., distribution center.
Retail News
Sales at Shoppers Drug Mart climb in 2Q
Shoppers Drug Mart Corp. saw revenue and same-store sales rise in the second quarter of 2013, while earnings topped analysts’ forecast by a penny. Canada’s largest drug chain reported the positive results just days after announcing a blockbuster deal to be acquired by Loblaw Cos. for $12.
Drug chains nix Rolling Stone magazine picturing Boston Marathon bomber
CVS Caremark Corp., Walgreen Co. and Rite Aid Corp. have indicated they won’t sell an issue of Rolling Stone magazine that pictures accused Boston Marathon bomber Dzhokhar Tsarnaev on its cover.
Cardinal, NACDS seek study on adherence, hospital readmissions
The National Association of Chain Drug Stores Foundation has made a request for proposals to research the impact of integrating pharmacist-provided medication management services into the hospital discharge process.
Congress urged to keep oversight of compounding to state pharmacy boards
The National Association of Chain Drug Stores and the National Community Pharmacists Association provided insight to a congressional committee examining ways to tighten regulation of pharmacy compounding.
AstraZeneca executive joins Walgreens
Walgreen Co. has named former AstraZeneca vice president Mark Lelinski as its new corporate vice president for market access.
NACDS, NCPA cite Medicaid reimbursement flaws
The National Association of Chain Drug Stores and the National Community Pharmacists Association have expressed concerns about "fair and accurate" Medicaid pharmacy reimbursement after the Centers for Medicare & Medicaid Services (CMS) published draft, three-month rolling average federal upper limit
Walgreens expands reach of photo pickup
Walgreens drug stores nationwide can now receive and print photo orders through the LifePics Network.
MinuteClinic serves up weight-loss program
MinuteClinic has introduced the Weight Loss Program at MinuteClinic, a personalized program designed to help people lose weight and live a healthier lifestyle The CVS Caremark retail health clinic subsidiary said Monday that the program leverages the DASH (Dietary Approaches to Stop Hypertension) di
Loblaws to acquire Shoppers Drug Mart
Loblaw Cos. is acquiring Shoppers Drug Mart for $12.4 billion (Canadian) in a cash and stock deal. Under the agreement announced Monday, Shoppers Drug Mart will retain its name and brand and operate as a separate division of Loblaws.
Walmart Neighborhood Market debuts in N.Y.
Walmart has opened its first Neighborhood Market in New York state, settling in a location that shows the competitive challenge faced by drug chains and other retailers as the discount store giant rolls out smaller formats with pharmacies.
McKesson consolidates Ontario distribution network
McKesson Canada said it’s restructuring its Ontario distribution network to better serve its customers and and position itself for future growth.
Report: Japan’s Lawson eyes U.S. drug stores
Japan-based convenience store operator Lawson Inc. reportedly is angling to invest in or buy drug stores in the United States and Europe.
Take Care Clinics offer concussion education
Take Care Clinics have added concussion education as part of their annual camp, back-to-school and sports physicals. Walgreen Co.
NACDS endorses bill to form Rx abuse commission
The National Association of Chain Drug Stores has applauded a bill introduced by Sen. Barbara Boxer (D., Calif.) that would create a federal commission to address abuse of prescription drugs. NACDS said Thursday that the new commission called for in the Combatting Prescription Drug Abuse Act (S.
CVS expands discounts for veterans
CVS/pharmacy and Veterans Advantage Inc. have unveiled a new in-store savings program for Veterans Advantage’s VetRewards Card members. CVS said Wednesday that the program provides military and veteran families with discounts on thousands of store brand products at its 7,400 drug stores nationwide.