CVS goes live with new website
CVS/pharmacy has revamped its website to offer consumers a more personalized experience plus more pharmacy and health care tools and information. The drug chain said Thursday that the redesigned CVS.
Retail News
Rite Aid shrinks net loss as sales edge up
Buoyed by an uptick in revenue and same-store sales, Rite Aid Corp. turned in a smaller net loss for its fiscal 2013 first quarter. Rite Aid said Thursday that for the 13-week first quarter ended June 2, revenue rose 1.2% to $6.5 billion from $6.4 billion a year earlier. The company
Navarro mobile Rx app supports Spanish
Fresh off the launch of the "En Español" version of its website, Navarro Discount Pharmacy is now offering Spanish language capability in its mobile pharmacy application. Powered by mscripts, Navarro’s mobile Rx app now provides Spanish-language support.
PDUFA reauthorization bill backed by NACDS
As a final congressional vote approaches, the National Association of Chain Drug Stores called on lawmakers to pass the reauthorization legislation for the Prescription Drug User Fee Act (PDUFA) NACDS said Wednesday that the measure is integral to the review process for new prescription medications
Rite Aid settles overtime pay lawsuits
Rite Aid Corp. has reached a settlement with assistant store managers and co-managers in class-action lawsuits regarding overtime pay.
Sales, earnings down in 3Q at Walgreens
The same day it unveiled a blockbuster partnership with global pharmacy, health and beauty retailer and wholesaler Alliance Boots, Walgreen Co. reported declined sales and earnings for its fiscal 2012 third quarter.
Kerr Health boosts business intelligence capabilities
Kerr Drug Inc. subsidiary Kerr Health is moving to a single platform for data analytics across multiple locations and lines of business. Health care technology provider BioMed Intelligence Inc.
Walmart to adopt systems for Rx, retail clinics
Walmart is slated to leverage technologies that will facilitate back-office pharmacy processing and expand access to health services through its retail medical clinics.
Walgreens to buy 45% stake in Alliance Boots
Walgreen Co. plans to acquire a 45% equity interest in global pharmaceutical, health and beauty retailer and wholesaler Alliance Boots for $6.7 billion in cash and stock, with the option to buy the remaining 55% of the company in about three years for $9.5 billion in cash and stock.
Walgreens spurs effort to employ people with disabilities
In a summit hosted by Walgreen Co. at the drug chain’s distribution center here, top executives from over a dozen major U.S. companies and government officials kicked off a national public-private sector initiative to further employment of people with disabilities.
Back-to-school shoppers look to spend more, poll finds
Almost half of consumers plan to spend more this back-to-school shopping season than they did in 2011, according to a poll by PriceGrabber.
Analyst: PBMs see little uptake on narrow networks
Leading pharmacy benefit managers report that client interest in narrow pharmacy networks has picked up, but so far few have been willing to proceed. In presentations at William Blair & Co.’s 32nd Annual Growth Stock Conference here last week, Express Scripts Inc. and CVS Caremark Corp.
Walgreens exec: Private label not just matter of cost
The role of private brands has changed, requiring a more sophisticated approach in developing them, according to Laura Sturdevant, director of product development for private brands at Walgreen Co.
NACDS urges expanded PDUFA provisions
The National Association of Chain Drug Stores has called on congressional leaders to expand provisions in the final bill for the Prescription Drug User Fee Act (PDUFA) that would maintain levels of patient care while curbing prescription drug abuse.
Walgreens: Pharmacists boost diabetes patient Rx adherence
Diabetes patients receiving injectable drugs are more likely to adhere to their medication regimens with pharmacist-led training and counseling, a new Walgreen Co. study found.
Rite Aid, CVS join in legal wrangle over Effexor generics
Months after other pharmacy retailers took legal action, Rite Aid Corp. and CVS Caremark Corp. are suing Pfizer Inc. for allegedly conspiring with Teva Pharmaceutical Industries Ltd. to delay the release of generic versions of the antidepressant Effexor XR.