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Drugstore.com to acquire SkinStore.com

Drugstore.com to acquire SkinStore.com

Drugstore.com has agreed to buy Salu Inc., which owns and operates SkinStore.com, an online retailer of clinical skin care and beauty products. Plans call for the stock and cash transaction, valued at $36 million, to close in the first quarter of fiscal 2010, drugstore.com said Monday.

NCPA urges extension of DMEPOS accreditation deadline

The National Community Pharmacists Association has sent a letter to the Centers for Medicare and Medicaid Services (CMS) asking the agency to delay the accreditation deadline for Medicare Part B durable medical equipment, orthotics, prosthetics and supplies (DMEPOS) or to suspend enforcement.

New distribution center site eyed by Rite Aid

Rite Aid Corp. is reportedly seeking a site in greater Charlotte, N.C., for a new distribution center. The Camp Hill, Pa.-based drug store chain is seeking to build a 600,000-square-foot-plus warehouse to supply its Southeastern drug stores, according to the Charlotte Business Journal.

Drugstore.com to develop online outlet for vision chain

Drugstore.com has entered a multiyear partnership with optical store chain operator Luxottica Group SpA to expand online access to contact lenses in North America. The agreement calls for drugstore.com subsidiary Vision Direct Inc., which operates the retailer’s VisionDirect.

Rite Aid expands rollout of H1N1 vaccines

Rite Aid expands rollout of H1N1 vaccines

Rite Aid Corp. has made H1N1 vaccine available in most of the states where it has stores and is working to provide it across its operating area, possibly by the month’s end or sooner. A Rite Aid spokeswoman said that as of Tuesday the drug store chain was offering H1N1 immunizations

Wasson: Walgreens executing on core strategies

Wasson: Walgreens executing on core strategies

Greg Wasson, president and chief executive officer of Walgreen Co., said the drug chain is making steady progress in implementing the company’s plans to better leverage its vast store network, improve the shopping experience and bolster productivity.

CVS Caremark names new PBM president

Per Lofberg, president and chief executive officer of Generation Health Inc., has been appointed president of CVS Caremark Corp.’s pharmacy benefit management business. Plans call for Lofberg to start in the position on January 4, CVS Caremark said Monday.

Lawmakers urge higher FUL for Medicaid Rx

Lawmakers urge higher FUL for Medicaid Rx

Leading pharmacy groups said 16 members of Congress are calling on House Speaker Nancy Pelosi to consider a higher federal upper limit (FUL) for reimbursing pharmacies for dispensing generic prescription drugs under the Medicaid program.

NACDS praises Senate action on drug reimportation

The National Association of Chain Drug Stores applauded the Senate for preventing the passage of prescription drug reimportation amendments that the association said would have "compromised the link between pharmacy and patients.