Content about CVS

April 4, 2012

CVS/pharmacy officially announced on Wednesday the April schedule of Project Health (Proyecto Salud in Spanish), a wellness program delivering more than $21 million worth of free health screenings to multicultural communities throughout 2012.

WOONSOCKET, R.I. — CVS/pharmacy officially announced on Wednesday the April schedule of Project Health (Proyecto Salud in Spanish), a wellness program delivering more than $21 million worth of free health screenings to multicultural communities throughout 2012.

As part of National Minority Health Month, CVS/pharmacy will offer free health screenings at select stores in African-American and Latino communities in Atlanta, Chicago, Dallas-Fort Worth, Detroit, Houston, Los Angeles, Miami, New York, Philadelphia and Washington, D.C.

April 4, 2012

Rob Price, CVS/pharmacy’s SVP and chief marketing officer, has been named to the Aspen Institute's 2012 Class of Henry Crown fellows.

WASHINGTON — Rob Price, CVS/pharmacy’s SVP and chief marketing officer, has been named to the Aspen Institute's 2012 Class of Henry Crown fellows.

March 30, 2012

CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1.

WOONSOCKET, R.I. — CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1.

March 29, 2012

CVS Caremark is showcasing how it is helping aging “boomers” on their path to better health and its senior-focused initiatives at Aging in America, the 2012 Annual Conference of the American Society on Aging, which is being held in Washington, D.C., this week.

WOONSOCKET, R.I. — CVS Caremark is showcasing how it is helping aging “boomers” on their path to better health and its senior-focused initiatives at Aging in America, the 2012 Annual Conference of the American Society on Aging, which is being held in Washington, D.C., this week.

March 27, 2012

Move over dump bins, endcap displays and newspaper circulars and make room for the new high-tech kid on the retail block — digitization.

Move over dump bins, endcap displays and newspaper circulars and make room for the new high-tech kid on the retail block — digitization.
Smartphones and the concept of digital coupons may not be so new, but what is relatively new to the mass market and becoming increasingly pervasive throughout the industry is the use of mobile technologies and social networking platforms — by both retailers and manufacturers — to customize offers for today’s shopper.

March 27, 2012

CVS Caremark issued on Tuesday two new reports that highlight research the company is conducting around medication adherence, including one study that reviews and compares state-by-state adherence rates for patients managing four chronic diseases.


WOONSOCKET, R.I. — CVS Caremark issued on Tuesday two new reports that highlight research the company is conducting around medication adherence, including one study that reviews and compares state-by-state adherence rates for patients managing four chronic diseases.
 

March 23, 2012

The news that CVS/pharmacy is closing all of its upscale Beauty360 stores may have raised a few eyebrows — or perhaps not — but now it will be interesting to see the changes that occur in store and online in beauty.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS/pharmacy is closing all of its upscale Beauty360 stores may have raised a few eyebrows — or perhaps not — but now it will be interesting to see the changes that occur in store and online in beauty.

(THE NEWS: CVS/pharmacy to close all Beauty360 locations. For the full story, click here)

March 21, 2012

CVS/pharmacy is shuttering all of its Beauty360 locations and ceasing operation of the Beauty360 e-commerce business to focus on the growth of its core CVS/pharmacy beauty business, the retailer confirmed on Wednesday.

WOONSOCKET, R.I. — CVS/pharmacy is shuttering all of its Beauty360 locations and ceasing operation of the Beauty360 e-commerce business to focus on the growth of its core CVS/pharmacy beauty business, the retailer confirmed on Wednesday.

As of May 19, all 25 of the Beauty360 locations will close and the e-commerce business will cease operation.

March 19, 2012

Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

NEW YORK — Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

Interviewed by Credit Suisse analyst Edward Kelly, former Walgreens CEO Jeff Rein suggested that Walgreens' board "would have the stomach" to buy Rite Aid if it doesn't reach an agreement with Express Scripts, as buying Rite Aid's nearly 4,700 stores would give Walgreens considerable leverage against the PBM.

March 19, 2012

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

WHAT IT MEANS AND WHY IT'S IMPORTANT — A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site.

(THE NEWS: Reports: WAG-RAD merger speculation drives RAD stock to four-year high. For the full story, click here)

March 14, 2012

With sign-ups for spring sporting events under way, adding physical exams to parents’ to-do lists, MinuteClinic is promoting its sport and camp physicals and is offering them for a discounted price through Sept. 30.

WOONSOCKET, R.I. — With sign-ups for spring sporting events under way, adding physical exams to parents’ to-do lists, MinuteClinic is promoting its sport and camp physicals and is offering them for a discounted price through Sept. 30.

Through Sept. 30, MinuteClinic will offer sports and camp physicals at $49 — $10 off the standard price of $59. Coaches, athletic directors, and team and group leaders can help participants take advantage of an additional $5 discount for teams or groups of 12 or more that register online in advance.

March 12, 2012

Styling brand Göt2b has introduced its new Göt2b Powder’ful Back 2 Bed Texture powder, a styling powder that promises to deliver just-rolled-out-of-bed, perfectly tousled locks.

IRVINE, Caif. — Styling brand Göt2b has introduced its new Göt2b Powder’ful Back 2 Bed Texture powder, a styling powder that promises to deliver just-rolled-out-of-bed, perfectly tousled locks.
 
The new product comes on the heels of the release of Göt2b Powder’ful volumizing styling powder. The new weightless texturizing powder is designed to create an effortlessly natural, tousled look in 10 seconds flat. The powder delivers flexible control and a satin matte finish.
 

March 8, 2012

“How does that help me sell more cases, pallets and truckloads?” That’s a question I have been asked repeatedly, particularly as the world of retail pharmacy has evolved to play a larger role in health care. With that, the business that we cover in Drug Store News has become incredibly more complicated.


“How does that help me sell more cases, pallets and truckloads?” That’s a question I have been asked repeatedly, particularly as the world of retail pharmacy has evolved to play a larger role in health care. With that, the business that we cover in Drug Store News has become incredibly more complicated.


March 7, 2012

CVS Caremark's board of directors has approved a quarterly dividend of 16.25 cents per share of common stock.

WOONSOCKET, R.I. — CVS Caremark's board of directors has approved a quarterly dividend of 16.25 cents per share of common stock.

The dividend is payable May 3 to shareholders of record on April 23.

March 7, 2012

Kantar Media on Wednesday reported that overall retailer advertising expenditures increased 1.6% and retailer participation in Free Standing Insert coupon promotion pages increased 30.7% over calendar year 2011, versus the corresponding year-ago period.

MINNEAPOLIS — Kantar Media on Wednesday reported that overall retailer advertising expenditures increased 1.6% and retailer participation in Free Standing Insert coupon promotion pages increased 30.7% over calendar year 2011, versus the corresponding year-ago period. Additionally, digital coupon events increased 40.4% during this period across the leading retailer websites monitored by Kantar Media.

March 5, 2012

CVS Caremark has announced that its EVP and chief medical officer Troyen Brennan has been named to the National Commission on Physician Payment Reform, an independent commission that will assess how physicians are paid, and how pay incentives are linked to patient care.

WOONSOCKET, R.I. — CVS Caremark has announced that its EVP and chief medical officer Troyen Brennan has been named to the National Commission on Physician Payment Reform, an independent commission that will assess how physicians are paid, and how pay incentives are linked to patient care.

March 5, 2012

CVS/pharmacy is looking to help pharmacy customers on their path to better health through improved medication adherence as guidance gained from the company’s extensive health policy research points to the importance of a single “pharmacy home.”

WOONSOCKET, R.I. — CVS/pharmacy is looking to help pharmacy customers on their path to better health through improved medication adherence as guidance gained from the company’s extensive health policy research points to the importance of a single “pharmacy home.”

February 29, 2012

Accordant Health Services, a CVS Caremark company, and the Michael J. Fox Foundation for Parkinson's Research on Wednesday announced a collaboration to provide to patients with Parkinson's disease who are enrolled in Accordant-sponsored care management programs information about resources available through the foundation.

WOONSOCKET, R.I., and NEW YORK  — Accordant Health Services, a CVS Caremark company, and the Michael J. Fox Foundation for Parkinson's Research on Wednesday announced a collaboration to provide to patients with Parkinson's disease who are enrolled in Accordant-sponsored care management programs information about resources available through the foundation.

February 24, 2012

MinuteClinic has entered a clinical affiliation with HCA's TriStar Health, the largest health system in middle Tennessee, to enhance access to high-quality, affordable healthcare services in the Nashville metro area.

WOONSOCKET, R.I. and NASHVILLE, Tenn. — MinuteClinic has entered a clinical affiliation with HCA's TriStar Health, the largest health system in middle Tennessee, to enhance access to high-quality, affordable healthcare services in the Nashville metro area.

MinuteClinic has 14 walk-in medical clinics inside select CVS/pharmacy stores in Middle Tennessee. The agreement includes any current or future locations in Nashville and 10 surrounding counties.

February 23, 2012

Physicians in 35% of cases involving more than 250,000 newly diagnosed diabetes patients did not follow the American Diabetes Association/European Association for the Study of Diabetes consensus guidelines for recommended treatment, according to a new CVS Caremark study.

WOONSOCKET, R.I. — Physicians in 35% of cases involving more than 250,000 newly diagnosed diabetes patients did not follow the American Diabetes Association/European Association for the Study of Diabetes consensus guidelines for recommended treatment, according to a new CVS Caremark study.

February 21, 2012

While Walmart maintained the No. 1 position on Interbrand's "U.S. Most Valuable Retail Brands" list for 2012, several other retailers are moving up the ranks.

DAYTON, Ohio — While Walmart maintained the No. 1 position on Interbrand's "U.S. Most Valuable Retail Brands" list for 2012, several other retailers are moving up the ranks.

Although Walmart touts a value that's more than $139 billion, this year also marked a 2% decrease for the big box retailer, Interbrand said. Second on this year's list was Target, which holds a value of $23 billion, a 1% increase over last year.

February 21, 2012

CVS Caremark's MinuteClinic has announced that it will transition from its existing proprietary electronic medical record system to the Allscripts MyWay Electronic Health Record.

CHICAGO and WOONSOCKET, R.I. — CVS Caremark's MinuteClinic has announced that it will transition from its existing proprietary electronic medical record system to the Allscripts MyWay Electronic Health Record.

February 17, 2012

MinuteClinic is on track to double its clinic count in the coming years, posting a 40% revenue increase in the fourth quarter and inking 14 affiliations with health systems.


NEW YORK — MinuteClinic is on track to double its clinic count in the coming years, posting a 40% revenue increase in the fourth quarter and inking 14 affiliations with health systems. This is no doubt an impressive feat for the clinic operator, but it also speaks to a larger growth trend sweeping the convenient care industry.


February 17, 2012

CVS Caremark's chief healthcare strategy officer on Friday outlined how the company's integrated offerings — retail pharmacy, pharmacy benefit management and retail clinics — are helping patients achieve better health by working to increase medication adherence and targeting behaviors to improve treatment for chronic diseases during a panel discussion at the Wharton Health Care Business Conference.

PHILADELPHIA — CVS Caremark's chief healthcare strategy officer on Friday outlined how the company's integrated offerings — retail pharmacy, pharmacy benefit management and retail clinics — are helping patients achieve better health by working to increase medication adherence and targeting behaviors to improve treatment for chronic diseases during a panel discussion at the Wharton Health Care Business Conference.

February 17, 2012

Brian Cornell has stepped down as Sam’s Club president and CEO, and has been replaced by Rosalind Brewer, who previously served as president of the Walmart U.S. East business unit. Walmart also named Rollin Ford chief administrative officer with responsibility for information systems, global sourcing, global business processes, global shared services and global customer insights. Ford was most recently chief information officer; Karenann Terrell replaced Ford as CIO. Gisel Ruis was named EVP and COO of Walmart U.S., responsible for U.S.