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Retail News

CVS to maintain Medicare coverage for diabetes supplies

Despite upcoming Medicare changes, CVS/pharmacy will continue to accept Part B coverage for diabetes supplies. CVS said Monday that the number of providers that will accept Medicare coverage for diabetes testing supplies is slated to decrease after July 1 as a result of changes to the program.

Rite Aid elects new board member

Bruce Bodaken, former chairman and chief executive officer of Blue Shield of California, has been elected to the Rite Aid Corp. board of directors. The addition of Bodaken, announced Monday, comes amid changes to the makeup of Rite Aid’s board.

Poll: Pharmacy customers highly satisfied

Poll: Pharmacy customers highly satisfied

New survey results from Boehringer Ingelheim Pharmaceuticals Inc. show that pharmacy customer satisfaction remains at a high level, and the vast majority of consumers aim to stay with their primary pharmacy.

Shoppers Drug Mart makes $500 million debt offering

Shoppers Drug Mart Corp. has issued $500 million (Canadian) in medium-term notes to refinance debt. Canada’s largest drug chain said Wednesday that, in a two-part debt offering, it has priced the issuance of $225 million aggregate principal amount of 2.

AmerisourceBergen names new board member

The board of AmerisourceBergen Corp. has elected Lon Greenberg as a new director. Greenberg, 62, fills the board vacancy that arose with the retirement of Charles Cotros in February, AmerisourceBergen said Thursday.

Tavenner confirmed as CMS administrator

The Senate has confirmed Marilyn Tavenner as administrator of the Centers for Medicare & Medicaid Services (CMS). Marilyn Tavenner Tavenner, who was nominated to the post in February by President Barack Obama, was confirmed by the Senate Wednesday in a 91-7 vote.

Poll: Women can save more on beauty purchases

By making greater use of coupons and discount codes and purchasing store-brand items, women could save more on beauty care purchases at chain drug and mass retailers, according to a survey from Consumer Reports.

Gender, race impact adherence, CVS-led study shows

CVS Caremark-led research found that among those using statin drugs for cardiovascular disease, nonwhite patients were 50% more likely not to adhere to their medication than white patients, and women were 10% more likely to be nonadherent than men.

Hillary Clinton to speak at Total Store Expo

Former Secretary of State Hillary Rodham Clinton is slated to deliver an address at the NACDS Total Store Expo in August. Hillary Rodham Clinton The National Association of Chain Drug Stores said Monday that Clinton will speak during the expo’s Business Program on the morning of Monday, Aug. 12.