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NACDS primes industry for Total Store Expo

At its Regional Chain Conference here this week, the National Association of Chain Drug Stores turned the industry’s eyes toward its upcoming Total Store Expo, a new event announced last year that melds three key NACDS trade shows.

CVS ups guidance due to Walgreens PBM scrap

CVS ups guidance due to Walgreens PBM scrap

Fourth-quarter revenue at CVS Caremark Corp. surged by double digits, lifted by a major pharmacy benefit management contract, and management raised its first-quarter earnings guidance to reflect potential sales gains from the dispute between Walgreen Co. and Express Scripts Inc.

Lawmakers go to bat for pharmacist-led MTM

Lawmakers go to bat for pharmacist-led MTM

Reps. Mike Ross (D., Ala.) and Cathy McMorris Rodgers (R., Wash.) have called on fellow members of the House of Representatives to support their legislation to enhance the accessibility of pharmacist-administered medication therapy management (MTM) services.

Regional Chain Conference: NACDS leaders sound call to action

With some critical issues at hand for community pharmacy, leaders of the National Association of Chain Drug Stores are calling on industry members to speak up for the profession by participating NACDS RxIMPACT Day on Capitol Hill, its annual grassroots public policy initiative.

Pharmacy groups hail senator’s letter on PBM merger

The National Association of Chain Drug Stores and the National Community Pharmacists Association commended Sen. Herb Kohl (D., Wis.) for highlighting concerns about the planned merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.

Target unveils pharmacy model for Canada

Target unveils pharmacy model for Canada

Target Corp. has unveiled its pharmacy strategy for its planned Canadian stores. The U.S. discount store chain, slated to open its first Canadian locations in March-April 2013, said this week that it aims to operate pharmacies in as many stores in Canada as possible.

PBM dispute impacts Walgreens’ January sales

PBM dispute impacts Walgreens’ January sales

Walgreen Co. saw same-store sales drop in January amid a sharp decline in its pharmacy business, which took a hit from the company’s stand-off with pharmacy benefit manager Express Scripts Inc. Walgreens said Friday that comparable-store sales in January fell 4.6%, despite a 0.

CVS Caremark names government affairs exec

Larry Burton has been hired as senior vice president of government affairs at CVS Caremark Corp. CVS Caremark said Thursday that Burton, who previously was executive director at Business Roundtable in Washington, D.C., will join the company on Feb. 27.

Rite Aid’s same-store sales stay on growth path

Gains in both the front end and pharmacy propelled Rite Aid Corp. to another month of increased same-store sales in January. Rite Aid said Thursday that for the four weeks ended Jan. 28, comparable-store sales climbed 2.2% from a year earlier. That fell short of the 3.6% comp-store sales gain in