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Retail News

A&P files for Chapter 11

Troubled food and drug retailer A&P has filed for Chapter 11 bankruptcy protection. A&P announced the bankruptcy filing Sunday night, not long after media reports surfaced before the weekend that the company, which operates about 250 pharmacies, was mulling Chapter 11 protection.

NACDS helps retailers convey upcoming FSA changes

The National Association of Chain Drug Stores has devised materials that pharmacy retailers can use to inform customers about new limits going into effect next year on over-the-counter medicines in flexible spending accounts (FSAs).

Reports: A&P mulling bankruptcy filing

A&P saw its stock price plunge more than 60% on Friday amid published reports that the struggling food and drug retailer was on the verge of filing for bankruptcy protection. A report by Bloomberg on Friday said A&P was considering filing for Chapter 11 bankruptcy and that such a move could take

Walgreens: Pharmacist interaction boosts outcomes

Walgreens: Pharmacist interaction boosts outcomes

A study by Walgreen Co. found that people with diabetes who participated in a disease management program involving face-to-face interaction with a pharmacist showed high levels of patient engagement and vastly improved clinical outcomes.

A&P’s Pathmark now takes Medicare Part B

Regional food and drug retailer Pathmark has begun accepting Medicare Part B coverage at select stores. The A&P-owned supermarket chain is accepting Part B at 53 of its 117 pharmacy locations.

Graymark closes ApothecaryRx sale to Walgreens

Graymark Healthcare Inc. has completed its agreement to sell its ApothecaryRx retail pharmacy business to Walgreen Co. Announced in September, the deal with Walgreens involves substantially all of the assets of ApothecaryRx for $25.5 million, plus approximately $3.8 million for inventory.

NACDS to CMS: Rx should be accountable care partner

The Centers for Medicare & Medicaid Services (CMS) should consider the role that pharmacy plays in delivering patient-centered care and lowering health care costs as it devises rules for accountable care organizations (ACOs), according to the National Association of Chain Drug Stores.

Rogue online pharmacies get more sophisticated

Illegitimate Internet pharmacies and marketing affiliate networks are becoming more elaborate in how they target consumers, presenting a rising threat to public health and safety, a study by anti-counterfeiting and brand protection firm OpSec Security Inc. found.

Cardinal, Walgreens renew distribution pact

Cardinal Health Inc. has renewed its distribution agreement with Walgreen Co. to supply pharmaceuticals to the drug store chain’s national network of retail pharmacies. The health care distributor said Tuesday that the new pact with Walgreens, which extends into 2013, was renewed early.

Navarro names celebrity spokesman

Television personality and cookbook author Chef Pepin has become the celebrity spokesman for Navarro Discount Pharmacy. The Miami-area drug store chain said Friday that adding Chef Pepin as a celebrity spokesman is part of its overall marketing campaign and expansion strategy.