Content about CVS

January 15, 2013

Reuters: CVS/pharmacy will stock Tylenol in only half of its stores

CVS/pharmacy has decided to stock Tylenol pain reliever in only half of its stores, according to a Reuters report published Monday.

NEW YORK — CVS/pharmacy has decided to stock Tylenol pain reliever in only half of its stores, according to a Reuters report published Monday.

According to the report, CVS will stock Tylenol in each market, but not in each store as CVS seeks to plug any out-of-stock holes left behind by the initial recall of Tylenol three years ago and the brand's slow trek back to shelf.

January 15, 2013

Six for 2013

Rather than take off for the holidays, the editors of Drug Store News took a look at the year ahead and the trends, issues and headlines that will makes the news in 2013.

What do you think? Follow us on Twitter and LinkedIn, and join the discussion there, or post your comments on DrugStoreNews.com ... Or, you can pretend it’s still 1999 and email your comments to reder@lf.com. Just don’t fax us.

January 15, 2013

Smartphones driving mobile health revolution

“A drug store in the palm of your hand.” That’s what Walgreens calls the fast-growing suite of health and pharmacy services now available from many retail pharmacies to Americans with smartphones.

Technology vendors, pharmacies and other health providers are keeping pace with a slew of interactive health offerings. For proof, one need look no further than the nation’s biggest drug store retailers.

January 14, 2013

Enough flu vaccines to go around - just not everywhere at once

Amid an unusually strong flu season that the Centers for Disease Control and Prevention has called an epidemic, supplies of flu vaccines are running low, and some people hoping to get immunized are having trouble finding them.

January 11, 2013

Consumables, drugs to see slower market growth in 2013, study finds

Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

NEW YORK -- Growth in the consumer products market is likely to slow down over the next five years, while pharmacy retailers will see a profit windfall due to the generic drug cycle, according to a new report.

January 10, 2013

Boldface to bring Khroma Beauty by Kourtney Kim and Khloe to Duane Reade, Beauty.com

Beauty licensing company Boldface Group will launch Khroma Beauty by Kourtney Kim and Khloe in 138 Duane Reade and Beauty.com stores this spring, the company has announced.

SANTA MONICA, Calif. — Beauty licensing company Boldface Group will launch Khroma Beauty by Kourtney Kim and Khloe in 138 Duane Reade and Beauty.com stores this spring, the company has announced.

Khroma Beauty by Kourtney Kim and Khloe is set to launch at Ulta Beauty, CVS, Sears, Meijer, HEB and Fred Meyer, the company stated. This follows a holiday season when the brand debuted a sneak peek at the collection slated to launch this spring.

January 9, 2013

Report: Severe flu expected to drive increased pharmacy trips, same-store sales

The rocketing incidence of flu has been characterized as the most severe in at least a decade, and it's only going to get worse. Or better, depending upon your perspective.

NEW YORK — The rocketing incidence of flu has been characterized as the most severe in at least a decade, and it's only going to get worse. Or better, depending upon your perspective.

January 4, 2013

Walgreens, Target, Sears, Supervalu, Costco get high marks for gay, lesbian employee policies

Several retailers got top scores from a gay-rights organization for their efforts to prevent discrimination against and include lesbian, gay, bisexual and transgender employees.

WASHINGTON — Several retailers got top scores from a gay-rights organization for their efforts to prevent discrimination against and to include lesbian, gay, bisexual and transgender employees.

The Human Rights Campaign released its 2013 Corporate Equality Index, which gives companies ratings of up to 100% based on their policies regarding LGBT employees and also released a buyer's guide for LGBT consumers.

January 3, 2013

CVS Caremark-sponsored research examines impact of social support network on Rx adherence

A patient’s social support network has been associated with improved outcomes and healthier behaviors and now new research sponsored by CVS Caremark has found that practical social support is associated with improved medication adherence.

WOONSOCKET, R.I. — A patient’s social support network has been associated with improved outcomes and healthier behaviors and now new research sponsored by CVS Caremark has found that practical social support is associated with improved medication adherence.

January 2, 2013

Stock market rebounds following 'fiscal cliff' compromise

Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%.

NEW YORK — Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%.

December 27, 2012

CVS Caremark announces final results of tender offers

CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

WOONSOCKET, R.I. — CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

The offers expired on Dec. 21, 2012. An aggregate principal amount of about $1.74 billion of notes was tendered.

December 20, 2012

CVS Caremark presents funds raised at 2012 Charity Classic event

Seventy-seven area nonprofit organizations on Wednesday received funds generated from the CVS Caremark Charity Classic at a presentation held at CVS Caremark’s headquarters.

WOONSOCKET, R.I. — Seventy-seven area nonprofit organizations on Wednesday received funds generated from the CVS Caremark Charity Classic at a presentation held at CVS Caremark’s headquarters.

The tournament, Rhode Island’s largest charitable sporting event, raised $1.2 million this year for charities across Southern New England, bringing the total funds raised since its inception to more than $16 million.

December 19, 2012

Citi analyst: Flu activity up year over year in early December

Predictions of a more active flu season are coming true as temperature differences have helped drive flu activity, a Citibank financial analyst wrote.

NEW YORK — Predictions of a more active flu season are coming true as temperature differences have helped drive flu activity, a Citibank financial analyst wrote.

In a letter to investors, Citi Research analyst Deborah Weinswig wrote that influenza virus activity in the week ended Dec. 8 increased year over year for the ninth consecutive time this season and increased significantly compared with last week — up 28.3% compared with last week's 20.7%.

December 19, 2012

Pharmacy retailers can promote brand advocacy with superior customer service, study finds

Customer service is the key driver of brand advocacy in retail pharmacy, according to a new study.

TORONTO — Customer service is the key driver of brand advocacy in retail pharmacy, according to a new study.

December 17, 2012

NYT board: Pharmacists, retail clinics, NPs can address gaps in care

What pharmacy lobbying groups and Drug Store News have been saying for a while has reached the mainstream.

NEW YORK — What pharmacy lobbying groups and Drug Store News have been saying for a while has reached the mainstream.

The New York Times published an editorial over the weekend recommending that the country address its shortage of primary care doctors by relying more on other healthcare actors — such as pharmacists, nurse practitioners and patients themselves — as well as physician assistants and members of the community.

December 14, 2012

CVS/pharmacy to acquire 19 Medicine Chest pharmacy locations in Texas

CVS/pharmacy and Medicine Chest Pharmacy announced on Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

WOONSOCKET, R.I. and SULPHUR SPRINGS, Texas — CVS/pharmacy and Medicine Chest Pharmacy announced on Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

Financial terms of the deal were not disclosed.

CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining 10 locations.

December 13, 2012

CVS Caremark outlines growth framework at annual Analyst Day meeting

CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

WOONSOCKET, R.I. — CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

December 11, 2012

CVS/pharmacy promotes itself as one-stop-shop holiday destination

CVS/pharmacy is reminding holiday shoppers that it is a one-stop shop for holiday décor and an ideal gift destination for tech gadgets, beauty products and toys.

WOONSOCKET, R.I. — CVS/pharmacy is reminding holiday shoppers that it is a one-stop shop for holiday décor and an ideal gift destination for tech gadgets, beauty products and toys.

December 10, 2012

CVS Caremark increases size of tender offer amount

WOONSOCKET, R.I. — CVS Caremark has upped the size of its previously announced tender offers to refinance a portion of its debt.

The company stated that it will buy back up to $1.33 billion in notes, up from the previously announced $1 billion.

December 10, 2012

Hawaii business journal reports Walgreens real-estate new-hire

The Pacific Business News on Friday reported Rock Tang, a prominent real estate executive in the Hawaii region, joined Walgreens from CVS Caremark.

HAWAII — The Pacific Business News on Friday reported that a prominent real estate executive in the Hawaii region joined Walgreens from CVS Caremark.

According to the report, Rock Tang, former regional director for real estate in Hawaii for CVS Caremark has been named senior real estate manager at Walgreens. Tang will be in charge of developing new stores around Hawaii and in Northern California.

For the full report, click here.

December 7, 2012

Reports: CVS Caremark looking to acquire drug chain Onofre in Brazil

CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

WOONSOCKET, R.I. — CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

The Valor Economico newspaper reported that CVS Caremark plans to pay $313 million to acquire an 80% stake in Onofre and will also assume the company's debt.

“We don’t comment on market rumors,” CVS Caremark spokesman Mike DeAngelis told Drug Store News.

December 6, 2012

CVS/pharmacy adds new health, shopping features to CVS mobile suite

CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

WOONSOCKET, R.I. — CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

The new features range from health resources that make it easier to schedule immunizations and identify pills, to a sleeker look and feel for the CVS Mobile app that makes mobile shopping a snap.

December 4, 2012

CVS/pharmacy offering new card designs, customized smartphone cases for holiday season

CVS/pharmacy is ready for the holiday season with an array of new offerings for holiday shoppers, including 1,000 greeting card designs and new personalized smartphone and tablet cases.

WOONSOCKET, R.I. — CVS/pharmacy is ready for the holiday season with an array of new offerings for holiday shoppers, including 1,000 greeting card designs and new personalized smartphone and tablet cases.

December 4, 2012

CVS/pharmacy, MinuteClinic promoting importance of flu shots

CVS/pharmacy and MinuteClinic are reminding families during National Influenza Vaccination Week about the importance of receiving their flu vaccinations, and are partnering with the Centers for Disease Control and Prevention and the NFL Retired Players Association to increase awareness about the benefits of annual flu vaccination.

WOONSOCKET, R.I. — CVS/pharmacy and MinuteClinic are reminding families during National Influenza Vaccination Week about the importance of receiving their flu vaccinations, and are partnering with the Centers for Disease Control and Prevention and the NFL Retired Players Association to increase awareness about the benefits of annual flu vaccination.

November 29, 2012

CVS features nail trends with new kiosk

With nail care sales climbing by 40% since 2011 and growing by double-digits each year since 2008, CVS/pharmacy is making even more room in the store and is continuing to support demand for the latest innovations with its new Nail HQ kiosk, which showcases the hottest nail trends and  product innovation. 

WOONSOCKET, R.I. — With nail care sales climbing by 40% since 2011 and growing by double-digits each year since 2008, CVS/pharmacy is making even more room in the store and is continuing to support demand for the latest innovations with its new Nail HQ kiosk, which showcases the hottest nail trends and  product innovation. 

Available in more than 2,000 CVS/pharmacy locations beginning in November, Nail HQ marks the latest innovation from CVS/pharmacy to improve the beauty shopping experience at the drug store. 