CVS Caremark specialty pharmacy accredited by URAC
CVS Caremark Corp. has been awarded specialty pharmacy accreditation from URAC, a Washington, D.C.-based health care accrediting organization.
Retail News
Specialty Pharmacy Certification Board announces officers
The Specialty Pharmacy Certification Board (SPCB) has elected the officers for its board. SPCB said Monday that Gary Rice has been named president.
Jean Coutu store to add EV charging station
A Jean Coutu drug store in Longueuil, Quebec, plans to deploy a public charging station for electric vehicles (EVs).
Kerr boosts visibility as diabetes care destination
Kerr Drug has launched a new marketing and service initiative focusing on customers with diabetes.
NACDS Foundation expands Faculty Scholars class
National Association of Chain Drug Stores Foundation has announced a new and expanded class for its Faculty Scholars Program. The NACDS Foundation said Friday that the inaugural class, which had five faculty members, is concluding its yearlong work this summer.
Rite Aid initiates debt refinancing, forecasts 1Q profit
Rite Aid Corp. plans to refinance $500 million in debt and, in tandem with the transaction, is projecting net earnings for its fiscal 2014 first quarter, which would mark the drug chain’s third straight profitable quarter. Rite Aid said Friday that it has initiated a cash tender offer for its $500
Quebec food/drug chains to improve access for disabled
Six food and drug retail chains in Quebec have agreed to make their stores more accessible to people with disabilities in response to a study by the province’s Commission des Droits de la Personne et des Droits de la Jeunesse (CDPDJ, or the Human Rights and Youth Rights Commission).
Industry mourns passing of USA Drug founder Steve LaFrance
Stephen LaFrance Sr., who built a regional drug store powerhouse with USA Drug, has died. He was 71. Stephen LaFrance Published reports said LaFrance passed away of natural causes at his home in Pine Bluff on Wednesday. LaFrance started USA Drug in 1968 when he opened a single store in Pine
Rite Aid reports comp-store sales decline for May
Decreased sales and script count in the pharmacy contributed to a comparable-store sales decline in May at Rite Aid Corp. Rite Aid said Thursday that for the five weeks ended June 1, comp-store sales dipped 1.5% year over year. That marked an improvement from a 4% same-store sales decrease in April.
NCPA: Bill would uphold access to diabetes supplies
The National Community Pharmacists Association is calling on lawmakers to back a bill that would preserve seniors’ access to diabetes testing supplies and other durable medical equipment (DME). NCPA on Thursday said that H.R.
Florida biosimilars legislation is ‘major step,’ BIO says
The Biotechnology Industry Organization (BIO) has applauded Florida Gov. Rick Scott for signing state legislation to establish a pathway for the substitution of interchangeable biologic medicines.
McKesson readies for ideaShare retail pharmacy conference
Thousands of community pharmacy owners and pharmacists will be heading to Las Vegas later this month for McKesson Corp.’s ideaShare 2013 Conference, the pharmaceutical distributor’s annual retail pharmacy trade show.
Walgreens sees same-store sales rise in May
Same-store sales at Walgreen Co. continued to improve in May, with the drug chain reporting a larger gain than in April. Walgreens said Wednesday that comparable-store sales in May rose 2.8%, reflecting negative impacts of 0.
Rite Aid to deploy 3D holographic rewards kiosks
Rite Aid Corp. is taking in-store marketing to another dimension with the rollout of customer rewards kiosks featuring 3D holographic videos. Provision Interactive Technologies Inc. said Tuesday that it has entered into a multiyear deal to install its 3D Reward Centers in Rite Aid stores.
CVS begins in-store fundraising campaign for ALS
CVS/pharmacy has launched its annual in-store Advancing Medical Research fundraising campaign for amyotrophic lateral sclerosis (ALS).
AmerisourceBergen wraps up sale of Canadian Rx distribution unit
AmerisourceBergen Corp. has completed the sale of AmerisourceBergen Canada Corp. (ABCC), its Canadian pharmaceutical distribution business, to Kohl & Frisch Ltd. AmerisourceBergen said Monday that it recorded an estimated loss on sale and other impairment charges of $161.