Poll: Most Americans aren’t following prescriptions
More than half of Americans don’t take their prescriptions as directed, despite believing that the medications will help them, a new survey finds.
Retail News
Store growth, marketing lift Shoppers Drug Mart
Shoppers Drug Mart said store growth and effective marketing efforts helped drive solid revenue, same-store and earnings gains in the third quarter. For the 16 weeks ended October 10, total sales climbed 7.9% year over year to $3.
CVS kicks off Medicare Part D enrollment campaign
With the annual enrollment period for Medicare Part D nearing, CVS Caremark Corp. has launched a campaign to help senior citizens hold the line on prescription drug costs.
Rite Aid goes mobile to reach Hispanic customers
Rite Aid Corp. is reaching Hispanic consumers via messages sent to mobile phones. The drug chain is one of a list of companies tapping the Hispanic Mobile Marketing Network launched last year by HipCricket, a Kirkland, Wash.-based mobile marketing provider.
CVS: Rx adherence efforts help diabetes patients
For diabetes patients, CVS Caremark Corp. finds that a medication adherence program can make a big difference. The company on Wednesday said a review of data tracking its diabetes drug adherence program found that 75.
Health network for uninsured taps Rite Aid for Rx
Rite Aid Corp. is serving as the exclusive pharmacy provider for a new health care network in metropolitan New York that serves uninsured and underinsured patients.
CVS Caremark alliance expands pharmacogenomic services
CVS Caremark Corp. aims to broaden pharmacogenomic clinical and testing services for its pharmacy benefit management clients through a partnership with Generation Health Inc., a genetic benefit management firm.
Walgreens sees monthly surge in e-prescribing
Walgreen Co. filled a record number of prescriptions electronically during October, with e-prescribing volume surging by triple digits versus a year earlier.
Skin care company started by pro athletes teams with CVS
CVS Caremark Corp. this week plans to roll out displays showcasing new products from MISSION Skincare, founded by tennis star Serena Williams and other famous athletes, in the beauty aisle of more than 5,000 drug stores nationwide.
Duane Reade launches mini magazine
In its latest step to hoist the visibility of its brand, Duane Reade Inc. this week introduced The Duane Reader, a print publication that highlights hundreds of new products — notably store brands — designed to meet the needs of busy New Yorkers. The drug store chain said Monday that the initial
Kerr Drug enlists marketing agency to help drive its brand
Kerr Drug has appointed 919 Marketing as its marketing agency of record. The marketing, consulting and public relations firm said the deal expands the existing partnership between the two North Carolina companies.
CVS Caremark looks for PBM results to improve
CVS Caremark Corp. expects disappointing results for its pharmacy benefits management business next year, based on the loss of a net of $4.8 billion in contracts.
Aurora to exit supermarket pharmacy arena
Aurora Pharmacy has inked deals to sell 30 of its pharmacies, a move that marks the end of its supermarket prescription drug business. The company, a subsidiary of health system Aurora Health Care, this week said it plans to sell 20 supermarket pharmacies to Roundy’s Supermarkets Inc.
NACDS backs legislation targeting organized retail crime
The National Association of Chain Drug Stores is urging Congress to pass a pair of bills designed to help combat organized retail crime.
Denton named CVS Caremark’s chief financial officer
David Denton has been promoted to executive vice president and chief financial officer at CVS Caremark Corp., succeeding David Rickard, who is retiring.
Strong Rx business drives 3Q gains at CVS Caremark
Sharp growth in pharmacy business fueled hefty revenue and earnings gains for CVS Caremark Corp. in the third quarter. The drug store chain and pharmacy benefit manager said Thursday that net sales for the quarter ended September 30 surged 18.1% to $24.6 billion from $20.9 billion a year earlier.