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Rite Aid founder Alex Grass dies

Alex Grass, who founded Rite Aid Corp. nearly 50 years ago, died late Thursday night at age 82 after a lengthy battle with lung cancer, according to published reports. Grass stepped down as chairman and chief executive officer of Rite Aid in 1995. He launched the retailer in the early 1960s

NACDS, Delaware reach accord on Medicaid Rx reimbursement

NACDS, Delaware reach accord on Medicaid Rx reimbursement

The National Association of Chain Drug Stores has dropped a lawsuit against Delaware after the state’s Department of Health and Social Services agreed to restore much of the funding that would have been lost due to rate cuts in Medicaid pharmacy reimbursements.

Study: Health plan costs on the rise

Health plans may face double-digit hikes in health care claim costs over the next 12 months, which could end up increasing the burden for employers and employees, according to a survey by Aon Consulting.

CVS eyes pharmacy hires for new customer care center

CVS Caremark Corp. is looking to hire 100 full-time pharmacy technicians for its new Pharmacy Customer Care Center being built in Cumberland, R.I. The company on Tuesday plans to hold a recruitment event for the facility. The August 25 event is scheduled to run from 10 a.m. to 3 p.m. at the

Goldman Sachs executive joins Walgreens as treasurer

Goldman Sachs executive joins Walgreens as treasurer

Walgreen Co. said Friday it has hired Jason Dubinsky as division vice president and treasurer. Plans call for Dubinsky, 36, to start at Walgreens on August 24. He comes to the drug store chain from The Goldman Sachs Group Inc. in Chicago, where he served as vice president of investment banking in