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November 11, 2010

There currently are about 1,200 retail clinics and more than 100,000 certified immunizing pharmacists. Expect...

WHAT IT MEANS AND WHY IT'S IMPORTANT — There currently are about 1,200 retail clinics and more than 100,000 certified immunizing pharmacists. Expect those numbers to rise steadily as other employers looks to mimic Citi's free flu shot card program -- and you can bet they will.

(THE NEWS: Citi's flu care card pushes employers toward lower-cost retail channels. For the full story, click here)

November 11, 2010

There’s been quite an uproar following healthcare reform’s flexible spending account proposal that in January...

WHAT IT MEANS AND WHY IT’S IMPORTANT — There’s been quite an uproar following healthcare reform’s flexible spending account proposal that in January will force consumers to spend upward of $40 on doctor visit co-pays in order to save some $2.50 for every $10 spent on nonprescription items.

November 11, 2010

The National Association of Chain Drug Stores and the National Community Pharmacists Association heralded the...

ALEXANDRIA, Va. The National Association of Chain Drug Stores and the National Community Pharmacists Association heralded the withdrawal of two provisions from the Medicaid program that would have had retail pharmacies selling generic drugs at a loss.

 

November 10, 2010

Heading into the 2010 holiday shopping season, Americans appear ready to repeat unhealthy eating and...

NASHVILLE, Tenn. Heading into the 2010 holiday shopping season, Americans appear ready to repeat unhealthy eating and exercise habits, according to the latest Gallup-Healthways well-being index released Thursday.

 

November 10, 2010

Sam’s Club locations on Wednesday kicked off “Hugo Salutes Our Veterans,” a national program that...

ALPHARETTA, Ga. Sam’s Club locations on Wednesday kicked off “Hugo Salutes Our Veterans,” a national program that will provide 36,000 Hugo folding canes free of charge to U.S. military veterans in need of mobility assistance.

 

November 10, 2010

New pricing and reimbursement pressures drove down Shoppers Drug Mart's third-quarter profit, the Canada-based drug...

November 10, 2010

The Food Marketing Institute announced Wednesday the creation of the Center of Excellence for Food...

ARLINGTON, Va. The Food Marketing Institute announced Wednesday the creation of the Center of Excellence for Food Safety and Protection, uniting food safety experts and professionals from government relations, asset protection, food defense, supply chain management, health and wellness, sustainability and industry relations to address all aspects of food safety.

November 10, 2010

Former Kmart CEO Charles Conaway has agreed to drop his appeal of a $10 million...

HOFFMAN ESTATES, Ill. — Former Kmart CEO Charles Conaway has agreed to drop his appeal of a $10 million fine levied last year by the Securities and Exchange Commission for his role in misleading investors. Conaway, who ran Kmart a decade ago after serving as president of CVS, will pay $5.5 million to settle the charges, according to reports from the Associated Press and other news sources.

November 10, 2010

Save Flexible Spending Plans — a national grassroots advocacy organization sponsored by the Employers Council...

WASHINGTON Save Flexible Spending Plans — a national grassroots advocacy organization sponsored by the Employers Council on Flexible Compensation — on Thursday called on the new leaders in Congress to follow through on their campaign promises and fix problems with the healthcare-reform law, including the removal of to-be-imposed restrictions on employer-provided flexible spending accounts.

 

November 10, 2010

A drug store chain advised shareholders against tendering their shares after being alerted of an...

November 9, 2010

Drugstore.com on Tuesday released a statement reminding flexible spending account participants that they need to...

BELLEVUE, Wash. Drugstore.com on Tuesday released a statement reminding flexible spending account participants that they need to use the money left in their accounts by the end of the year or they will lose it.

 

November 9, 2010

Grocer A&P, which is in the midst of a turnaround, has entered into an agreement...

MONTVALE, N.J. Grocer A&P, which is in the midst of a turnaround, has entered into an agreement with Winstanley Enterprises and certain affiliated entities to sell six of its retail locations for $89.8 million, exclusive of closing costs, in a sale-leaseback deal.

Winstanley agreed to purchase 100% of the company's interest in six Pathmark retail properties located in New York, New Jersey, Pennsylvania and Delaware. The properties are 95% occupied and leased to A&P.

November 9, 2010

Budget cuts in Washington state to its Medicaid programs have created a “perilous situation” for...

ALEXANDRIA, Va. Budget cuts in Washington state to its Medicaid programs have created a “perilous situation” for retail pharmacies and their patients, the National Association of Chain Drug Stores warned on Wednesday, and could “pose danger as a precedent for other states across the nation as well,” according to the group.

 

November 9, 2010

PNC Bank has made its branded automated teller machines available for customer use in 135...

INDIANAPOLIS PNC Bank has made its branded automated teller machines available for customer use in 135 CVS/pharmacy locations throughout Indiana.

The PNC-branded ATMs, which are owned and operated by Cardtronics, are accessible to all CVS/pharmacy customers. PNC Bank customers will enjoy surcharge-free withdrawals and the ability to check their balances at 135 stores identified with a PNC logo in the window, PNC said.

November 9, 2010

Rumors have surfaced that wholesaler BJ's is looking to sell....

NEW YORK Rumors have surfaced that wholesaler BJ's is looking to sell.

The news first was reported by the New York Post, which cited a source close to the matter. The report said that BJ's is looking to hire an adviser to aid its business-making decisions, including a possible sale to a private equity, naming Los Angeles-based firm Leonard Green & Partners as its likely buyer.

November 9, 2010

According to a recently published Dow Jones report, state-funded tobacco-prevention programs quickly are becoming the...

NEW YORK According to a recently published Dow Jones report, state-funded tobacco-prevention programs quickly are becoming the latest casualty of constricting state budgets, prompting concern among public health groups around the nation's progress toward getting adult smokers to quit.

 

The number of adults who smoke has remained relatively steady since 2004 — 20.6% of the population were smokers in 2009.

 

 

November 8, 2010

Amazon.com announced that it has reached an agreement to acquire Quidsi, which operates Diapers.com, an...

SEATTLE Amazon.com announced that it has reached an agreement to acquire Quidsi, which operates Diapers.com, an online baby care specialty site, and Soap.com, an online site for everyday essentials.

 

Jeff Bezos, founder and CEO of Amazon.com, said, “This acquisition brings together two companies who are committed to providing great prices and fast delivery to parents, making one of the chores of being a parent a little easier and less expensive.”

 

 

November 8, 2010

Costco customers walking past this Living Essentials 5-Hour Energy pallet aren't likely to know what...

NEW YORK — Costco customers walking past this Living Essentials 5-Hour Energy pallet aren't likely to know what 2:30 in the afternoon feels like, and neither should Costco.

Energy shot sales projections are expected to nearly double in the coming year, even while consumers continue to be cautious around spending. According to Consumer Edge Research projections, overall food/drug/mass sales could crest to some $700 million, excluding Walmart.

November 8, 2010

Citi on Tuesday announced the launch of the Citi Flu Care card, a new corporate...

NEW YORK Citi on Tuesday announced the launch of the Citi Flu Care card, a new corporate healthcare payment solution from Citi's Global Transaction Services. The Citi Flu Care card is a payment service designed to help employers reduce employee healthcare spending by shifting the administration of flu shots from doctors' offices or on-site clinics to more cost-effective pharmacy locations.

 

November 8, 2010

Loss of patent protection for branded drugs and subsequent competition from generics could save the...

NEW YORK Loss of patent protection for branded drugs and subsequent competition from generics could save the U.S. healthcare system $70 billion or more over the next four years, according to published reports.

 

Reuters reported IMS Health SVP Murray Aitken as saying at the Reuters Health Summit that generics also would increase their dominance in terms of prescriptions dispensed, increasing from 77% during the first half of this year to perhaps 85% by 2014.

 

 

November 8, 2010

Two supermarket chains owned by Kroger announced their fundraising efforts to benefit local food banks....

LOS ANGELES Two supermarket chains owned by Kroger announced their fundraising efforts to benefit local food banks.

Ralph's and Food 4 Less said that they are collecting donations to help local food banks and families in need through their checkstand canisters. Each retailer kicked off their respective Bringing Hope to the Table initiatives, which include an annual cause-marketing partnership with Feeding America that generated more than $200,000 for Feeding America-affiliated food banks this year.

November 7, 2010

Procter & Gamble on Monday announced that it is adding in-pack coupons from various brands...

CINCINNATI Procter & Gamble on Monday announced that it is adding in-pack coupons from various brands into specially marked products.

November 7, 2010

A zero-calorie enhanced water brand will be available at 55 Big Y Foods in Massachusetts...

BALA CYNWYD, Pa. A zero-calorie enhanced water brand will be available at 55 Big Y Foods in Massachusetts and Connecticut this month.

Skinny Water currently is available at Safeway stores nationwide. The addition of Big Y increased the total retail store count to 7,079 stores nationwide, up from approximately 4,200 retail outlets at year's end 2009.

November 7, 2010

Whole Foods Market on Monday announced that it is supporting one organization's efforts to end...

November 4, 2010

Under the Affordable Care Act, the average savings for those enrolled in traditional Medicare is...

WASHINGTON Under the Affordable Care Act, the average savings for those enrolled in traditional Medicare is expected to amount to more than $3,500 over the next 10 years — and will be even higher for seniors and people with diabetes who have high drug costs — according to the U.S. Department of Health and Human Services.