Analysis: What many chains still lack in Rx tech
Smartphones are the new thing in efficient, on-the-go and interactive pharmacy patient services.
Retail News
Rite Aid CEO John Standley elected as chairman
Next month, Rite Aid Corp. president and chief executive officer John Standley will be adding the title of chairman. Rite Aid said late Friday that Standley, who is already a member of the drug chain’s board, will become chairman on June 21 at the company’s annual shareholders meeting.
Haggen appoints pharmacy executive
Food and drug retailer Haggen Inc. has hired Guy DiPasqua as vice president of pharmacy. The company said DiPasqua brings more than 34 years in pharmacy operations in a leadership role, including as a lead for Sav-on and Osco Pharmacy operations, as well as the Target Corp.
Unclear FDA drug warnings hurt adherence, CVS research finds
Drug warnings issued by the Food and Drug Administration lead some patients to eschew their medication regimens, even if the FDA didn’t advise health professionals to stop prescribing those medicines, research from CVS Caremark Corp. found.
MinuteClinic affiliates with pair of N.J. health systems
MinuteClinic has entered into clinical affiliations with Atlantic Health System and Hackensack University Health Network in New Jersey.
NACDS conveys value of community Rx on Capitol Hill
For the second time during the past week, the National Association of Chain Drug Stores has engaged with a congressional committee to highlight community pharmacy’s value to the nation’s health care system.
Shoppers Drug Mart to buy Paragon Pharmacies
Shoppers Drug Mart Corp. plans to acquire western Canada drug chain Paragon Pharmacies Ltd. for $75 million (Canadian). Announced late Tuesday, the cash deal includes Paragon’s 19 retail pharmacies and its three central fill pharmacies in British Columbia, Alberta and Manitoba.
CVS ‘free gas’ promo starts up again
CVS/pharmacy is bringing back its "Earn Free Gas" promotion, in which members of its ExtraCare loyalty program can get free gas cards this spring and summer by shopping for household essentials, health and beauty items, and snacks at stores nationwide.
Front end more important than ever for drug chains
A catalyst for customer traffic and purchases, the front end continues to gain prominence in drug chains. Revenue from outside the pharmacy contributed more than a third of industry sales last year (35.6%), up dramatically from 28.
Pharmacists in Ontario face cutbacks
The Ontario government is consulting with pharmacy industry stakeholders on achieving $55 million (Canadian) in savings in drug spending, according to the Canadian Association of Chain Drug Stores (CACDS).
Study: Fraction of shoppers make or break new CPG products
The success of a newly launched consumer package goods (CPG) product rests in the hands of just a tiny fraction of shoppers, a study by Catalina Marketing Corp. finds. Catalina said Monday that the report, titled "New Products and the Pivotal Consumer," reveals that on average only 1.
Wasson gauges Walgreens’ position as market shifts
As the new chairman of the National Association of Chain Drug Stores, Greg Wasson exudes a sense of confidence despite the considerable challenges faced by the retail pharmacy industry.
PTCB: Telepharmacy extends reach of Rx services
Telepharmacy is enabling pharmacies to reach more patients with their services, improve medication safety and ease staffing shortages at many rural health care and emergency facilities nationwide, according to the Pharmacy Technican Certification Board (PTCB).
Survey: Consumers uphold pharmacy spending
Financial worries have many consumers reducing spending, yet pharmacy is one area where they’re not looking to cut back, according to a survey by Empathica Inc. The customer marketing research firm said Thursday that its Consumer Insights Panel survey of more than 6,500 U.S.
More clinics on the way from Target
This summer Target Corp. aims to open Target Clinics in two new states as part of a plan to add 10 more clinic locations by the fall. The discount store giant said it plans to open four Target Clinics in northern Virginia and another four retail health clinics in North Carolina on July
Pharmacy on ‘front line’ of health care, NACDS tells Senate
Community pharmacies are at the forefront of the nation’s health care delivery system and play a pivotal role in mitigating medical costs and improving health outcomes, the National Association of Chain Drug Stores told a Senate committee.