Retail clinic model works best in drug stores, report says
Drug stores have been the most successful location for retail health clinics, a report by health care market research firm Kalorama Information finds.
Retail News
Walgreens serves up daily cholesterol, glucose, A1C tests
Walgreen Co. has begun offering tests for total cholesterol and HDL (high-density lipoprotein), blood glucose and A1C daily at more than 1,400 of its pharmacies in 33 states and the District of Columbia.
Rite Aid makes donation to help tornado victims
The Rite Aid Foundation is donating $50,000 to the American Red Cross to help the victims, families and communities affected by last week’s devastating tornadoes in Alabama and Tennessee. Rite Aid Corp.
Anderson: NACDS provides ‘ideal forum’
In these challenging and uncertain times, planning and collective action are key, and the National Association of Chain Drug Stores provides a vehicle for both, NACDS president and chief executive officer Steve Anderson said at the 2011 NACDS Annual Meeting.
Pharmacy groups applaud TRICARE bill
The National Association of Chain Drug Stores and National Community Pharmacists Association are hailing a congressional bill that would prohibit hikes in retail pharmacy co-payments under TRICARE, the health benefits program for the nation’s armed forces.
Outlook: Drug chains lifted by improved economy
With the economic recovery well under way, chain drug retailers can expect a year of growth in 2011, industry analysts say.
CVS aids in Alabama tornado disaster relief efforts
CVS Caremark Corp. is providing disaster relief to Alabama communities ravaged by tornadoes earlier this week.
Drugstore.com posts 1Q loss despite robust sales
Sales grew by double digits in the first quarter at drugstore.com, but costs related to the online retailer’s acquisition by Walgreen Co. contributed to a net loss in the period. Drugstore.com said Thursday that sales for the first quarter ended April 3 rose 16% to a record $128.
Jean Coutu Group turns in year-end gains
Jean Coutu Group and its franchised drug store network closed out fiscal 2011 on the upside in sales, and the company’s earnings exceeded analysts’ forecast. The Canadian pharmacy franchisor said Thursday that retail sales for its store network rose 3.9% year over year to $988.
Pharmacy mobile app launched by Navarro
Navarro Discount Pharmacy is extending the reach of its prescription drug services with Navarro RX App, a free pharmacy mobile application. The Miami-area drug store chain said Thursday that Navarro RX App links mobile device users to the retailer’s new mobile website, m.navarro.
CVS Caremark to wrap up Universal American deal
CVS Caremark Corp. is set to close its acquisition of the Medicare Part D business of Universal American, a leading Medicare prescription drug plan sponsor. Plans call for the $1.25 billion deal to be completed on April 29, CVS Caremark said Thursday.
Walgreens to buy Carle RxExpress pharmacies
Walgreen Co. plans to acquire Carle RxExpress pharmacies from The Carle Foundation, a health care system in central Illinois. Financial terms of the deal weren’t disclosed.
Shoppers Drug Mart gains in 1Q; new chairman named
Robust front-end sales growth helped lift first-quarter revenue at Shoppers Drug Mart Corp. despite a dip in pharmacy business. Also, the Canadian drug store chain has named a new chairman and announced changes in its board of directors.
Same-store sales edge up at Rite Aid
Rite Aid Corp. saw its same-store sales climb back on the upside in April. The drug store chain said Wednesday that for the four weeks ended April 23, comparable-store sales inched up 0.5% versus a year earlier. In March, the retailer had seen same-store results dip 0.1% after gains of 1%
Report: Retail clinic market expands despite hurdles
Though facing some challenges, the market for retail health clinics has grown overall and is poised to become a "durable part" of the nation’s health care system, according to a new report by health care market researcher Kalorama Information.
Working group aims to spur e-prescribing in Canada
Canada Health Infoway has formed a working group of clinicians to help further the adoption of electronic prescribing.