Content about Domenic Pilla

April 25, 2013
UPDATE: Shoppers Drug Mart sees boost in Q1 sales

TORONTO — Shoppers Drug Mart announced on Thursday that first quarter sales rose 3.8% thanks to strong volume in pharmacy and continued sales and market share gains at the front end. The company also indicated that it remains on the acquisition track and is "carefully" watching as Target bolsters its presence in Canada.

April 19, 2013
Panel advocates letting Canadian pharmacists prescribe some drugs

A new action plan and panel discussion aim to improve Canada's healthcare system and save $8.5 billion to $11 billion over three years at various levels of government.

TORONTO — A new action plan and panel discussion aim to improve Canada's healthcare system and save $8.5 billion to $11 billion over three years at various levels of government.

The plan, "9,000 Points of Care: Improving Access to Affordable Healthcare," outlines five initiatives, including allowing pharmacists to administer vaccines and prescribe medications for minor ailments. The title refers to the number of community pharmacies in Canada.

February 13, 2013
Shoppers Drug Mart, RBC Insurance launch co-branded travel insurance offering

Canadian pharmacy retailer Shoppers Drug Mart and RBC Insurance have announced the launch of co-branded travel insurance product offerings to be sold exclusively online through the Shoppers Drug Mart website beginning Feb. 16.

TORONTO — Canadian pharmacy retailer Shoppers Drug Mart and RBC Insurance have announced the launch of co-branded travel insurance product offerings to be sold exclusively online through the Shoppers Drug Mart website beginning Feb. 16.

February 7, 2013
Shoppers Drug Mart pursuing acquisition opportunities, gearing up for rise in rivals

Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.

TORONTO — Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.

November 13, 2012
Shoppers Drug Mart waives seniors' co-pays in Ontario, realizes 6% lift in prescriptions filled

Waiving $2 co-pays in Ontario is a big piece of the reason behind a 6% lift in prescriptions dispensed for the third quarter through Oct. 6, Shoppers Drug Mart reported Tuesday afternoon.

TORONTO – Waiving $2 co-pays in Ontario is a big piece of the reason behind a 6% lift in prescriptions dispensed for the third quarter through Oct. 6, Shoppers Drug Mart reported Tuesday afternoon. It's all part of a strategy to drive more seniors — and their prescriptions — into the store, executives told analysts. "We're seeing store gains across the country," noted Domenic Pilla, Shoppers president and CEO. "The incremental script count is above our initial expectations," he said.

April 26, 2012
Shoppers Drug Mart posts Q1 results

Canadian pharmacy retailer Shoppers Drug Mart announced on Thursday a boost in first-quarter sales and earnings, driven, in part, by gains at the front end.

TORONTO — Canadian pharmacy retailer Shoppers Drug Mart announced on Thursday a boost in first-quarter sales and earnings, driven, in part, by gains at the front end.

January 26, 2012
Shoppers Drug Mart donation to support Blueprint for Pharmacy initiative

Shoppers Drug Mart is making a $250,000 donation to support The Blueprint for Pharmacy Implementation Strategy, a long-term initiative designed to catalyze, coordinate and facilitate the changes required to align pharmacy practice with the healthcare needs of Canadians.

TORONTO — Shoppers Drug Mart is making a $250,000 donation to support The Blueprint for Pharmacy Implementation Strategy, a long-term initiative designed to catalyze, coordinate and facilitate the changes required to align pharmacy practice with the healthcare needs of Canadians.

Shoppers Drug Mart's donation will be designated to funding strategic research to evaluate the impact of healthcare policies on pharmacy practices.

January 17, 2012
Shoppers Drug Mart, RBC launch co-branded national program

Royal Bank of Canada and Shoppers Drug Mart are launching a nationwide program that makes it more convenient for Canadians to bank and earn rewards at Shoppers Drug Mart/Pharmaprix locations throughout the country.

TORONTO — Royal Bank of Canada and Shoppers Drug Mart are launching a nationwide program that makes it more convenient for Canadians to bank and earn rewards at Shoppers Drug Mart/Pharmaprix locations throughout the country.

November 7, 2011
Who to follow

October sure was a busy month for news in the drug channel. It began in earnest on Oct. 1, the day CVS’ new president officially began his new job. Before the month was over, CVS’ chief merchant left to become president of Family Dollar, and his responsibilities would be carved up between three key executives.

October sure was a busy month for news in the drug channel. It began in earnest on Oct. 1, the day CVS’ new president officially began his new job. Before the month was over, CVS’ chief merchant left to become president of Family Dollar, and his responsibilities would be carved up between three key executives.

October 7, 2011
Pilla steps into Shoppers during turbulent time

The news that Shoppers Drug Mart has appointed former McKesson Canada executive Domenic Pilla as its new president and CEO not only is significant news in its own right, but also is important as Pilla will inherit a chain that is wrestling with the impact of drug reforms in several provinces and faces its share of competitive challenges.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that Shoppers Drug Mart has appointed former McKesson Canada executive Domenic Pilla as its new president and CEO not only is significant news in its own right, but also is important as Pilla will inherit a chain that is wrestling with the impact of drug reforms in several provinces and faces its share of competitive challenges.