Walgreens sees high adherence in specialty Rx program
Walgreen Co. reported that its specialty pharmacy is realizing medication adherence rates as high as 96% through its hepatitis C therapy management programs.
Retail News
Bill to restore FSA use for OTCs backed by NCPA, CHPA
The National Community Pharmacists Association and the Consumer Healthcare Products Association have endorsed a bipartisan bill to enable consumers to buy over-the-counter medications via flexible spending accounts (FSAs) and health savings accounts (HSAs) without needing a prescription.
NACDS speaks up for Rx amid debt ceiling debate
As President Barack Obama and congressional Democrats and Republicans square off over raising the debt ceiling, the National Association of Chain Drug Stores aims to ensure that patient access to pharmacy services isn’t curtailed.
Walgreens OK’s $2B stock buyback plan, hoists dividend
The board of Walgreen Co. has given the green light to a new $2 billion share repurchase program and approved a 28.6% hike in the quarterly dividend, the biggest in the company’s history. Walgreens said Wednesday that it has raised the dividend to 22.5 cents per share from the previous rate of
Ritzman in talks to operate Buehler’s pharmacies
Ritzman Pharmacies Inc. and Buehler Food Markets Inc. are in negotiations about an alliance in which Ritzman would own and operate all of the supermarket chain’s pharmacies.
Rite Aid expands private-label ice cream line
Rite Aid Corp. is rolling out an expanded lineup for its Thrifty Ice Cream private brand at its California locations. The drug store chain said Wednesday that the ice cream line includes new flavors and varieties such as the brand’s first nonfat frozen yogurt and take-home pint containers.
Ahold USA appoints McCall as pharmacy chief
Ahold USA has named Raymond McCall senior vice president of pharmacy and health and beauty care. The food and drug retailer, the U.S.
Navarro names Ortiz as new chief executive
Navarro Discount Pharmacy has promoted chief financial officer Juan Ortiz to chief executive officer, replacing Steve Kacyznski.
Coalition forms to thwart Calif. Rx reimbursement cut
A coalition of pharmacists, businesses and consumers is urging the Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS) to reject California’s state plan amendment that would reduce reimbursement rates for Medi-Cal, the state’s Medicaid program, by 10%
Report: Amazon trumps retail stores on price
Brick-and-mortar retailers — including drug, food and mass market chains — are scrambling to compete with Amazon.com in the e-commerce arena, especially on price, according to a study by investment firm William Blair & Co.
Rx groups: Keep diabetes supplies out of CMS bidding
The National Association of Chain Drug Stores has joined with other retail pharmacy groups in urging congressional leaders to uphold patient access to diabetic testing supplies.
San Francisco community gets Walgreens ‘food oasis’ store
Walgreen Co. has converted a drug store in San Francisco’s Bayview community to its "food oasis" format.
CVS, Walgreens reach out via interactive media
CVS Caremark Corp. and Walgreen Co. unveiled their latest efforts to engage customers through digital channels, including social media.
Study: Target could shake up Canadian retail scene
Target Corp.’s impending entry into the Canadian retail market stands to challenge current shopper loyalties, possibly including pharmacy. According to a study released Friday by management consulting firm SATOV Consultants, Canadians plan to alter their shopping habits to visit Target.
Shoppers Drug Mart recalls kids hair product
Shoppers Drug Mart Corp. is voluntarily recalling Balea Kids Hair Putty, part of its exclusive Balea skin and hair care line, as a precautionary measure because of a potential microbial contamination.
Rite Aid shuffles execs in store ops, HR
Rite Aid Corp. has made a flurry of executive changes in store operations and human resources. The drug store chain said Thursday that Brian Fiala, formerly executive vice president of store operations, has been appointed executive vice president of human resources.