Walgreens stores to hold ‘Night at the W’
Next week, all Walgreens stores will host "Night at the W" to celebrate the drug chain’s involvement in the People’s Choice Awards. The retailer said Wednesday that on Jan.
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Rite Aid plans free health screenings
In line with its focus on wellness empowerment, Rite Aid Corp. is providing customers with a free health guide, online health resources and expert advice from its pharmacists to help support their efforts to improve their well-being as they look to the new year.
Chain drug holiday sales: Better than last year
Holiday sales at chain drug stores came in above last year’s levels thanks to the early arrival of Thanksgiving. With customers taking advantage of extra shopping days, total sales rose 4.6%, and same-store sales climbed 2.4%, according to research by Racher Press Inc.
Rexall touts flu shots amid rising influenza activity
Rexall Pharma Plus is urging Ontario residents to get their flu shot and take other preventive measures amid reports of increased incidence of flu across the province.
CVS announces results of debt tender offers
CVS Caremark Corp. has bought back more than $1.7 billion in senior notes under a tender offer initiated late last month. Reporting the final results of the tender offer this week, CVS said an aggregate principal amount of $1.74 billion of the notes was tendered.
First-quarter earnings drop at Walgreens
Citing the impact of various items, including a reporting change for its partnership with Alliance Boots, Walgreen Co. saw net income sink for its fiscal 2013 first quarter, coming in well below Wall Street’s forecast. Walgreens said Friday that for the first quarter ended Nov. 30.
Walgreens work-site centers accredited as ‘medical homes’
Half of the primary care work-site health centers managed by Walgreens Employer Solutions Group have received Medical Home accreditation, Walgreen Co. and the Accreditation Association for Ambulatory Health Care (AAAHC) announced.
Rite Aid turns profit in third quarter
Rite Aid Corp. jumped a key financial hurdle by reporting net income for its fiscal 2013 third quarter, marking the company’s first quarterly profit in over five years. Rite Aid on Thursday posted net earnings of $61.9 million, or 7 cents per diluted share, for the 13-week third quarter ended Dec.
Pharmacists seen as ‘sensible solution’ for health care delivery
A dearth of primary care doctors and high medical costs is shining a spotlight on pharmacists, among other providers, as a "sensible solution" for affordable health care delivery, according to a New York Times editorial. The National Association of Chain Drug Stores applauded the Dec.
Walgreens’ Crawford to join Allstate board
Kermit Crawford, president of pharmacy, health and wellness at Walgreen Co., has been elected to the board of directors at Allstate Corp. The insurance giant said Monday that Crawford will join its board effective Jan. 30, 2013, which will increase the company’s total number of board members to 13.
NACDS: Senator advocates for MTM coverage
The National Association of Chain Drug Stores is hailing Sen. Kay Hagan (D., N.C.) for her leadership on behalf of pharmacy patient care, in particular medication therapy management (MTM).
Court lifts injunction halting Medi-Cal reimbursement cut
A federal appeals court has reversed a decision earlier this year to suspend a 10% reimbursement cut in Medi-Cal, California’s Medicaid program. The California Pharmacists Association (CPhA) said late Thursday that the U.S.
CVS to acquire Medicine Chest pharmacies
CVS Caremark Corp. plans to buy 19 Medicine Chest drug stores in Texas later this month. CVS said Friday that under the deal, CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby CVS/pharmacy stores.
Kroger serves up $4 co-pay on diabetes test strips
Kroger Co. pharmacies have launched a program in which diabetes patients with private health insurance can get a $4 co-payment on Kroger Premium blood glucose test strips.
LegitScript sinks rogue online pharmacy ‘mothership’
LegitScript has shut down MyRxCash.com, an Internet pharmacy affiliate marketing portal that it said was connected to hundreds of websites flagged by drug safety regulators as selling unregulated prescription drugs without a prescription.
Awareness remains hurdle with loyalty programs
Chain drug stores are on the leading edge in using loyalty cards to win and keep pharmacy customers, yet customer awareness of such programs could be greater, a study by Boehringer Ingelheim Pharmaceuticals reveals.