NABP flags illegal online drug sellers
A National Association of Boards of Pharmacy (NABP) examination of more than 10,000 websites selling prescription drugs found that 97% were operating out of compliance with U.S.
Retail News
NACDS: Bill could coordinate federal action on Rx abuse
Pending legislation can help align the response of federal agencies to the rising problem of prescription drug abuse and drug diversion, according to the National Association of Chain Drug Stores. In a letter Thursday to Sen. Tom Harkin (D.
Pharmacist specialty certifications on the rise
Complex medication regimens and challenges in health care delivery are driving exponential growth in the demand for BPS board-certified pharmacists, according to the Board of Pharmacy Specialties (BPS).
Jean Coutu Group board adds new member
The board of Jean Coutu Group has elected Cora Mussely Tsouflidou as a director. The Canadian drug chain said late Wednesday that Tsouflidou was voted onto the Jean Coutu Group board at the company’s recent shareholders meeting.
Sales climb in 2Q at Shoppers Drug Mart
Shoppers Drug Mart Corp. saw revenue and same-store sales edge up for its 2012 second quarter. The Canadian drug chain’s net earnings dipped in the second quarter versus a year ago, although earnings per share rose and were in line with the consensus estimate of financial analysts.
CVS reckons gain from Walgreens-ESI standoff
With the news of a contract accord between Walgreen Co. and Express Scripts Inc., CVS Caremark Corp. raised its projected earnings benefit from the impasse between the two rivals.
Walgreens, Express Scripts settle contract dispute
Walgreen Co. and Express Scripts Inc. have reached a multiyear pharmacy network agreement that includes rates and terms under which the nation’s largest drug chain will participate in the broadest Express Scripts retail pharmacy network available to new and existing clients.
Winn-Dixie rolls out prescription discount program
Winn-Dixie has launched a prescription savings program offering deep discounts on more than 400 generic drugs and various levels of savings on brand-name medications and other generics. The Rx discount program runs through the Winn-Dixie Reward Card.
NACDS, NCPA brief Senate caucus on Rx abuse
The National Association of Chain Drug Stores and the National Community Pharmacists Association provided comment to a Senate caucus on the pharmacy sector’s engagement in the prevention of prescription drug abuse.
Duane Reade promotes electric vehicle use
To help reduce vehicle air pollution, Duane Reade is asking to New Yorkers which of its drug stores should be served solely by electric trucks. The Manhattan-based drug chain, part of Walgreen Co.
PTCB program offers tools to Rx tech educators
The Pharmacy Technician Certification Board (PTCB) has launched the Educator Program, which provides pharmacy technician instructors and trainers with a range of resources.
RxAlly names general counsel
Tom O’Grady has joined pharmacy alliance RxAlly as general counsel and executive vice president of corporate development. RxAlly said Monday that O’Grady, previously with the law firm McGuireWoods LLP, brings more than 30 years of corporate and transactional law experience to the company.
Shopping app maps out Walgreens store aisles
Shoppers can now navigate the aisles to find what they want at Walgreens drug stores with the help of a smartphone application from aisle411, a mobile retail navigation service. The Palo Alto, Calif.
Apothecary Shops to become Avella Specialty Pharmacy
Next month, The Apothecary Shops is changing its name and brand to Avella Specialty Pharmacy. The specialty pharmacy chain said Monday that it will officially switch to the Avella banner at all locations and in all business operations on Aug. 1.
Cardinal Health spotlights pharmacy best practices
At its Retail Business Conference (RBC) here, Cardinal Health Inc. introduced "Independent Pharmacy Best Practices 2012: Ideas as Original As You Are," a special publication that showcases 16 community pharmacy programs that improve patient care and drive business results.
CVS: Rx adherence aids employee attendance
New research by CVS Caremark Corp. and Truven Health Analytics find that employees who stick to their medication regimens are less likely to miss work.