Walgreens exec on board of new ACO group
Walgreen Co. executive Jeffrey Kang has been named to the board of directors at the National Association of ACOs (NAACOS), a newly formed group representing over 60 accountable care organizations.
Retail News
Jean Coutu sees sales rise in 3Q
Pricing pressure on prescriptions from government-mandated reductions didn’t prevent the Jean Coutu Group drug stores from growing revenue and same-store sales for the fiscal 2013 third quarter. The Canadian chain drug retailer said Thursday that for the third quarter ended Dec.
Supervalu to sell off five supermarket chains
Supervalu Inc., one of the nation’s largest food and drug retailers, plans to sell five of its supermarket chains — including most of its pharmacies — in a $3.3 billion deal that will result in a new, smaller company. Supervalu’s planned sale of 877 supermarkets also includes those stores’ Sav-on
Wasson: Walgreens’ strategy ‘blurs retail channels’
With a much-publicized PBM battle now behind it, Walgreen Co. is locked in on expanding its "Well Experience" health and daily living strategy across its stores and other channels, president and chief executive officer Greg Wasson told attendees at the company’s annual shareholder meeting.
Walgreens, BMW open work-site health center
Walgreen Co. and BMW Manufacturing have opened what they called one of the nation’s most comprehensive work-site health centers on the BMW campus in Spartanburg, S.C.
Poll: Use of walk-in clinics is up
More consumers have used walk-in health clinics in recent years, according to a Harris Interactive/HealthDay survey. Of 3,000 U.S.
Uniprix banner extends its reach
Uniprix Group is heading into 2013 with a reinforced brand and a bigger presence in its Quebec market area.
Home care company enlists Walgreens’ Rx service
Home care provider ResCare Inc. plans to offer Walgreen Co.’s DailyMed prescription service.
2013 Outlook: Retail Rx embraces change
Chain drug executives are sounding an upbeat tone as they size up their prospects for 2013. Though most executives express concern about fiscal developments in Washington, they are confident in the outlook for the retail pharmacy industry.
Thrifty White recognized for pharmacy innovation
Thrifty White Pharmacy is reinventing the essential component of chain drug retailing by recasting pharmacists as patient counselors and practitioners of medication therapy management.
Rite Aid’s Thompson honored as top pharmacy exec
For his leadership in marshalling his team and executing a well-thought-out pharmacy plan, Rite Aid Corp. executive vice president of pharmacy Robert Thompson has been named Pharmacy Executive of the Year by Chain Drug Review. Pharmacists at Rite Aid are making a bigger commitment to health care.
PharmaChoice stores to pilot PreVu skin cholesterol test
PharmaChoice, one of Canada’s largest pharmacy networks, is slated to pilot the PreVu skin cholesterol test from Miraculins Inc. in Ontario and Atlantic Canada.
CACDS names Carpenter as CEO
Denise Carpenter has joined the Canadian Association of Chain Drug Stores (CACDS) as president and chief executive officer.
Wasson, Pessina are <i>CDR’s</i> Retailers of the Year
Striking a blockbuster deal that could shift the industry’s perspective, Walgreen Co. chief executive officer Greg Wasson and Alliance Boots executive chairman Stefano Pessina — and their management teams — have been selected as the 2012 Retailers of the Year by Chain Drug Review.
Sam’s Club serves up series of free health tests
To help consumers kick off the new year on a healthful note, Sam’s Club is offering five free health screenings.
December comp-store sales decrease at Walgreens
Comparable-store sales at Walgreen Co. remained on the downside in December, as calendar day shifts and introductions of lower-price generic drugs impacted results. Walgreens said Friday that December same-store sales fell 6.1% from a year earlier. Calendar day shifts accounted for 1.