Walgreens turns spotlight on supplier diversity
Walgreen Co. has introduced a new program called Community Corner that aims to highlight the successes of minority-owned businesses.
Retail News
NACDS Foundation hikes scholarship award dollars
The National Association of Chain Drug Stores Foundation announced a double-digit increase in dollars awarded last year for the Pharmacy Student Scholarship Program.
More executive moves at Rite Aid
Rite Aid Corp. has shifted the responsibilities for one vice president and added duties for another in its latest executive maneuvers. The pharmacy chain said Monday that Chris Hall has been named senior vice president of pharmacy business development.
Walgreens closes Eaton Apothecary store acquisition
Walgreen Co. has completed the acquisition of the assets of 12 Eaton Apothecary pharmacies in the Boston area from D.A.W. Inc. The drug store chain had announced the agreement with D.A.W., a subsidiary of Nyer Medical Group Inc., in late October. The transaction was valued at about $19 million.
Chain Drug Retailer of the Decade: Tom Ryan, CVS
The editors of Chain Drug Review have named Tom Ryan, chairman, president and chief executive officer of CVS Caremark Corp., the publication’s Chain Drug Retailer of the Decade. The choice was not a difficult one to make.
Walmart pharmacy exec adds duties under reorganization
Walmart pharmacy merchandising executive Paul Beahm will take on more responsibility under the discount store giant’s sweeping reorganization plan unveiled late this week.
Health Mart preps TV blitz, signs 2,500th pharmacy
Health Mart plans to kick off national television advertising campaign this weekend to highlight its personalized care and services, just days after announcing that the franchise has signed up its 2,500th pharmacy.
Rite Aid sees same-store sales drop in January
Declines in pharmacy and front-end business resulted in decreased same-store sales in January at Rite Aid Corp. The drug store chain said Thursday that same-store sales fell 2.1% year over year for the four weeks ended January 23.
Renowned business author to keynote NACDS annual meeting
Business author and consultant Jim Collins will serve as a keynote speaker at the National Association of Chain Drug Stores 2010 Annual Meeting.
NCPA urges care in DME accreditation enforcement
The National Community Pharmacists Association has applauded Senate leaders for calling on the Department of Health and Human Services (HHS) to exercise care in enforcing the Medicare Part B durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) accreditation requirement for pharmac
Duane Reade adds new coffees to its DR Delish line
Duane Reade has rolled out four new premium packaged coffee blends under its DR Delish brand. The drug store chain said Monday that customers can now find the four New York-themed flavors Morning Rush, Fire Fighter’s Joe, Polo Grounds Decaffeinated and Five Points Imperial Blend on store shelves.
NCPA gives testimony on benefits, adoption of e-prescribing
The National Community Pharmacists Association provided written testimony on the experiences of independent pharmacies in accepting electronic prescribing from doctors at the Health Information Technology (HIT) Policy Committee Information Exchange Workgroup hearing.
Rite Aid guides focus on women’s heart health
In support of the American Heart Association’s "Go Red for Women" campaign, Rite Aid Corp. is providing free heart health guides in all of its stores. The drug chain said Monday the guides will be available now through March in stores nationwide as well as online at www.riteaid.com/health/.
BioScrip to buy Critical Homecare Solutions
BioScrip Inc. plans to acquire Critical Homecare Solutions (CHS), a provider of home infusion and chronic and acute care services, in a cash and stock deal valued at $343.2 million.
Exec hired to lead Walgreens fresh food initiative
Walgreen Co. confirmed that it has hired supermarket and convenience store veteran Jim Jensen to lead a new effort to market fresh food and ready-to-eat items.
Paper to state lawmakers highlights pharmacist MTM role
In welcome news for pharmacy chains, the National Council of State Legislatures (NCSL) has released a briefing paper that highlights the value of pharmacist-led medication therapy management (MTM) services, according to the National Association of Chain Drug Stores.