With consumers keeping a tight rein on their spending dollars, category managers are being compelled to change the way they operate, drug retail executives said in a recent Chain Drug Review roundtable in New York City.
The National Association of Chain Drug Stores has expressed support for the Food and Drug Administration’s recent initiatives to crack down on "rogue" pharmacy web sites.
Charles R. "Cork" Walgreen III, grandson of Walgreen Co.’s founder, plans to step down from the company’s board early next year, along with longstanding directors Cordell Reed and Marilou von Ferstel.
Fred’s Inc. aims to make pharmacy a centerpiece of its stores under a major rebranding and remodeling program.
MinuteClinic, the retail health clinic arm of CVS Caremark Corp., has opened its first clinic in Washington, D.C. The company said Tuesday that the new clinic is situated inside a CVS pharmacy store on Bladensburg Road.
Kathleen Wilson-Thompson has been named senior vice president and chief human resources officer at Walgreen Co., and Charles Greener has been appointed vice president of corporate affairs and communications, a newly created position at the retailer.
Walgreen Co. has launched a redesigned web site that the drug chain said provides new healthy living and product resources plus time-saving pharmacy and shopping tools and services. The new Walgreens.
Ongoing softness in front-of-store business likely will rein in sales growth for drug retailers next year, according to a 2010 U.S. retail outlook report released this week by Fitch Ratings. The rating agency forecast top-line growth at drug stores to "remain steady or improve modestly" in 2010.
Take Care Health Systems, the retail clinic subsidiary of Walgreen Co., has received the rest of its seasonal flu vaccine supply for the year and is now providing immunizations at its locations nationwide.
In a hearing on Capitol Hill, the National Association of Chain Drug Stores told legislators that community pharmacies stand ready to take an active role as the nation prepares for the H1N1 "swine flu" pandemic.
The National Association of Chain Drug Stores is working with technology provider RollStream Inc. to deploy a certificate exchange platform for compliance with the Consumer Product Safety Improvement Act (CPSIA).
With the end of 2009 nearing, drugstore.com is pointing customers with "use it or lose it" balances remaining in flexible spending accounts to its online FSA Store for savings on thousands of items. The online retailer said Tuesday that its FSA Store, which can be accessed at www.drugstore.
CVS Caremark Corp. drug stores in Florida have begun offering Blue Cross and Blue Shield of Florida Health Cards, which offer savings on health insurance and health care services.
Rite Aid Corp. is offering a free Medicare Part D planning guide in stores, along with pharmacist counseling and online tools, to help senior citizens during the enrollment period for the prescription drug coverage.
Despite tailing off slightly over the next couple of years, growth in the retail health clinic market stands to remain robust going forward, according a report by the Deloitte Center for Health Solutions.
The Mississippi State Supreme Court has upheld a lower court ruling that stops the state from implementing a policy that would have slashed Medicaid pharmacy reimbursement for certain generic drugs.
