Walgreen Co. is restructuring its marketing and merchandising staff in a bid to foster a more integrated approach to the two disciplines and intensify the drug chain’s customer focus. A major component of the realignment is the elimination of the chief marketing officer’s role.
Supermarket chains with sizable pharmacy operations will see their gross profits edge up next year as brand-name drugs lose patent protection and higher-margin generic versions of those medications hit the market, according to a report from Moody’s Investors Service.
Safeway Inc. has appointed Dr. Kent Bradley as chief medical officer, a newly created position. The food and drug retailer said Monday that the creation of the chief medical officer post is designed to enhance and build Safeway’s reputation as a health care innovator.
CBS Evening News anchor and managing editor Scott Pelley will be the keynote speaker for the 13th annual National Association of Chain Drug Stores Foundation Dinner on Nov. 29 in New York City.
Sam’s Club next week is offering free women’s health checkups in support of Breast Cancer Awareness Month. The Walmart warehouse club subsidiary said Tuesday that on Oct.
Financially pressured Americans are making tradeoffs with prescription drugs that could be dangerous to their health, according to a survey by Consumer Reports.
AmerisourceBergen Corp. has entered an agreement to purchase TheraCom, a subsidiary of CVS Caremark Corp. AmerisourceBergen said Tuesday that the $250 million deal is slated to close in its fiscal 2012 first quarter, which ends Dec. 31.
Walgreen Co. reported robust revenue and earnings increases for its fiscal 2011 fourth quarter and full year, with adjusted net income exceeding Wall Street’s forecast. Walgreens said Tuesday that for the fourth quarter ended Aug. 31, total sales rose 6.5% $17.97 billion from $16.
Family Dollar Stores Inc. has appointed Mike Bloom, the top merchandising and supply chain executive at CVS Caremark Corp., as president and chief operating officer. The deep discount store chain said Tuesday that Bloom’s hiring comes with the announcement that current president and COO R.
Walmart and Argus Health Systems Inc. have entered a preferred pharmacy network arrangement. Argus said Thursday that the preferred network approach coordinates efforts by the pharmacy benefits administrator and Walmart to provide the lowest prescription benefit cost to Argus customers.
With generic drugs in the national spotlight as a cost-saver for the health care system, the National Community Pharmacists Association is noting that its members are a core provider of these affordable medications.
Take Care Health Systems, the retail health clinic subsidiary of Walgreen Co., has opened a full-service medical center and on-site pharmacy at Sanofi US headquarters in Bridgewater, N.J.
The Food and Drug Administration is alerting users of over-the-counter asthma inhalers containing chlorofluorocarbons (CFCs) to get a prescription for a replacement medication since these products won’t be made or sold by the year’s end.
As part of their flu vaccination effort, Kroger Co. supermarket pharmacies and Little Clinic health clinics are offering needle-free injections from Pharmajet Inc. Pharmajet said Wednesday that its needleless injection system is available for flu immunizations at more than 800 Kroger Co.
The use of generic prescription drugs saved U.S. consumers and the nation’s health care system $931 billion over the past decade, according to an analysis released by Generic Pharmaceutical Association (GPhA).
Rite Aid Corp. lowered its net loss for the fiscal 2012 second quarter, beating Wall Street’s forecast, as the drug store chain saw sales rise and expenses decline. Rite Aid said Thursday that for the 13 weeks ended Aug. 27, total sales edged up 1.8% to $6.27 billion from $6.16 billion
