Walgreen Co. has finalized its initial investment in Alliance Boots, under which the U.S. drug chain is buying a 45% equity stake in the global pharmacy and health and beauty aids retailer for $6.7 billion in cash and stock.
Calling for a more level playing field, the National Association of Chain Drug Stores has endorsed legislation that would enable states to collect sales tax on purchases made via online retailers and other remote vendors.
Comparable-store sales at Rite Aid Corp. grew in July after experiencing a dip the previous month. Rite Aid said Thursday that for the four weeks ended July 28, same-store sales edged up 0.5% year over year. The company reported a 1% decrease in same-store sales for June, which was the drug
Sona Chawla, president of e-commerce at Walgreen Co., has been appointed to the board of directors at Express Inc. The specialty apparel retailer said late Wednesday that Chawla will also serve on the company’s compensation and governance committee. "I am pleased to welcome Sona to the Board.
Take Care Health Systems has begun piloting a consumer health care application that enables mobile and online appointment scheduling services. The Walgreen Co.
MinuteClinic has partnered with the American Heart Association to improve the identification, treatment and management of high blood pressure.
Pharmacy alliance RxAlly has appointed Michael Groh as chief information officer. As CIO, Groh will oversee RxAlly’s technology and data initiatives, the company said Tuesday.
AmerisourceBergen Corp. has entered a multiyear agreement to supply pharmaceuticals to Express Scripts Inc., which has opted to let its current distribution pact with Cardinal Health Inc. lapse. AmerisourceBergen said Tuesday that under the three-year deal, it will supply about $18.
Next month CVS/pharmacy and MinuteClinic plan to launch a flu shot voucher program for people without health insurance. Parent company CVS Caremark Corp.
Shareholders of Paragon Pharmacies Ltd. have given the green light to the western Canada drug chain’s sale to Shoppers Drug Mart Corp. Paragon said the $73.5 million (Canadian) deal was approved at the company’s shareholders meeting late last week in Winnipeg, Manitoba.
Struggling food and drug retailer Supervalu Inc. has named chairman Wayne Sales as chief executive officer, replacing Craig Herkert. Supervalu said Monday that Sales, 62, will continue to serve as chairman and that board member Philip Francis has been elected lead director.
Walgreen Co. and the Department of Health and Human Services (HHS) have joined forces to develop a medication therapy management (MTM) program to help improve outcomes for HIV patients.
Walmart on Tuesday launched a private label diabetes care line that it said could save U.S. patients up to $60 million annually. The ReliOn products promise an affordable, quality option to help the country’s nearly 26 million individuals with diabetes. The ReliOn Prime meter is priced at $16.
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.
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.
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).
