Content about Top Stories

July 10, 2012

President Barack Obama signed into law Monday what some called a "historic" reauthorization of the Prescription Drug User Fee Act.

WASHINGTON — President Barack Obama signed into law Monday what some called a "historic" reauthorization of the Prescription Drug User Fee Act.

July 10, 2012

Walgreens on Tuesday extended its innovation in mobile technology with the introduction of a developer portal that allows third-party software developers to integrate the Walgreens QuickPrints software development kit, enabling photo printing directly from iPhone and Android mobile devices.

DEERFIELD, Ill. — Walgreens on Tuesday extended its innovation in mobile technology with the introduction of a developer portal that allows third-party software developers to integrate the Walgreens QuickPrints software development kit, enabling photo printing directly from iPhone and Android mobile devices.

July 9, 2012

Manhattan-based retailer Duane Reade is expanding its footprint with a second distinct location in the historic American Surety building in the city’s Financial District.

NEW YORK — Manhattan-based retailer Duane Reade is expanding its footprint with a second distinct location in the historic American Surety building in the city’s Financial District.

The new 22,000-sq.-ft. Duane Reade store (at the corner of Broadway and Pine) further develops the retailer's “Up market” store concept. The 24-hour store, with the grand opening on July 9, features such exclusive offerings and amenities as Up market: Chop and an in-store museum quality exhibit; a first for Duane Reade or any other U.S.-based drug store.

July 9, 2012

Kerr Drug has promoted Mark Gregory to SVP store operations, the regional retail pharmacy chain said Monday.

RALEIGH, N.C. — Kerr Drug has promoted Mark Gregory to SVP store operations, effectively immediately, the regional retail pharmacy chain said Monday.

Gregory, who was previously VP pharmacy and government affairs, will report directly to president and CEO Anthony Civello. He also is the company's privacy officer and chairman of its political action committee.

July 9, 2012

Rite Aid is using its social networking sites to offer 10 days of deals for the summer, the retail pharmacy chain said Monday.

CAMP HILL, Pa. — Rite Aid is using its social networking sites to offer 10 days of deals for the summer, the retail pharmacy chain said Monday.

Rite Aid said it would use the Rites — a fictional, digital family comprising Procrastinating Papa Rite, Deal Digger Mama Rite, Over-the-Top Olivia Rite, Scrooge Sally Rite, and Prepare and Preppy Patrick Rite — to promote deals across its Facebook, Twitter and Pinterest pages.

July 9, 2012

Walgreens on Monday announced the expansion of its vaccination offerings in Florida to include shingles and pneumonia.

DEERFIELD, Ill. — Walgreens on Monday announced the expansion of its vaccination offerings in Florida to include shingles and pneumonia.

July 6, 2012

All drugs provided to HIV and AIDS patients under the District of Columbia's AIDS Drug Assistance Program will go through a new pharmacy network that includes Walgreens, the D.C. Department of Health said.

WASHINGTON — All drugs provided to HIV and AIDS patients under the District of Columbia's AIDS Drug Assistance Program will go through a new pharmacy network that includes Walgreens, the D.C. Department of Health said.

July 6, 2012

The trend toward “narrow” pharmacy networks is expected to continue, according to a Wall Street Journal report.

NEW YORK — The trend toward “narrow” pharmacy networks is expected to continue, according to a Wall Street Journal report.

Walgreens’ split from PBM giant Express Scripts — many of whose millions of plan members now are getting their prescriptions filled elsewhere after the two companies failed to come to terms over reimbursement rates — has opened the door for interest in networks that limit the number of drug stores available to pharmacy-benefit customers, the WSJ reported.

July 5, 2012

Walgreens has entered into an agreement to acquire a regional drug store chain for approximately $438 million.

DEERFIELD, Ill. — Walgreens has entered into an agreement to acquire a regional drug store chain for approximately $438 million.

July 5, 2012

Walgreens on Thursday posted June sales of about $5.6 billion, a decrease of 6.8% as compared with the same month in fiscal year 2011.

DEERFIELD, Ill. — Walgreens on Thursday posted June sales of about $5.6 billion, a decrease of 6.8% as compared with the same month in fiscal year 2011.

July 3, 2012

CVS Caremark has been selected by the National Business Group on Health as a platinum winner for its 2012 Best Employers for Healthy Lifestyles awards.

WOONSOCKET, R.I — CVS Caremark has been selected by the National Business Group on Health as a platinum winner for its 2012 Best Employers for Healthy Lifestyles awards. CVS Caremark's workforce well-being program was noted to be a role model for other companies striving to improve employee health, productivity and well-being.

The award was presented at the Business Group's Institute on Innovation in Workforce Well-being Leadership Summit held in Washington, D.C.

July 3, 2012

Specialty pharmacy provider The Apothecary Shops has acquired a Denver-based pharmacy, according to published reports.

NEW YORK — Specialty pharmacy provider The Apothecary Shops has acquired a Denver-based pharmacy, according to published reports.

The Phoenix Business Journal reported Tuesday that the company had acquired Colorado Pharmacy, making it the company's 17th.

The newspaper also reported that The Apothecary Shops would would change its name to Avella Specialty Pharmacy and rebrand its stores in August, quoting VP operations Randle House as saying the plan was to bring several company names under one umbrella.

July 2, 2012

Giant Food has commenced its conversion of 15 former Genuardi's stores.

CARLISLE, Pa. — Giant Food has commenced its conversion of 15 former Genuardi's stores.

The announcement follows Giant Food, an Ahold subsidiary, getting the green light from the Federal Trade Commission for its plan to acquire 15 Genuardi's stores, located in the greater Philadelphia area, from Safeway.

July 2, 2012

Grocery chain ShopRite is offering free prenatal vitamins to further help shoppers live healthier lives and prepare for a healthy baby.

KEASBEY, N.J. — Grocery chain ShopRite is offering free prenatal vitamins to further help shoppers live healthier lives and prepare for a healthy baby.

ShopRite customers can receive a free 30-day supply of Prenatal Plus or Prenatal Plus FE vitamins with a valid prescription. ShopRite also offers free 30-day supplies of select generic diabetes drugs and free 14-day supplies of select generic antibiotics. Other generic prescriptions start as low as $3.99 for a 30-day supply.

There are no membership fees or insurance required to benefit from these savings.

July 2, 2012

The Little Clinic has announced a collaborative affiliation with the University of Louisville Physicians’ Preventive Cardiology practice, which marks the third affiliation that The Little Clinic has formed with a medical group.

NASHVILLE, Tenn. — The Little Clinic has announced a collaborative affiliation with the University of Louisville Physicians’ Preventive Cardiology practice, which marks the third affiliation that The Little Clinic has formed with a medical group.

The partnership focuses on the management of hypertension for patients currently without a primary care physician. The relationship will create more convenient and affordable treatment by offering much of the ongoing monitoring for hypertension at The Little Clinic locations inside select Louisville Kroger stores.

June 29, 2012

Retail-based clinic operator RediClinic has gone mobile.

HOUSTON — Retail-based clinic operator RediClinic has gone mobile.

RediClinic has announced that customers on the go now have mobile access to its site, RediClinic.com. By visiting the site, consumers can check out the services offered and promotions, get details on its Weigh Forward program, and more.

RediClinic operates 29 clinics within H-E-B stores in the Greater Houston, Austin and North San Antonio areas.

June 29, 2012

While saying the Patient Protection and Affordable Care Act — whose constitutionality the Supreme Court largely upheld in a 5-4 decision Thursday — would be beneficial by creating a larger population of insured patients, the leader of one of the country's largest specialty pharmacies said it didn't address the problem of waste in health care, according to published reports.

NEW YORK — While saying the Patient Protection and Affordable Care Act — whose constitutionality the Supreme Court largely upheld in a 5-4 decision Thursday — would be beneficial by creating a larger population of insured patients, the leader of one of the country's largest specialty pharmacies said it didn't address the problem of waste in health care, according to published reports.

June 29, 2012

The upholding of the individual mandate within the Patient Protection and Affordable Care Act by the Supreme Court drew a response from several industry groups, including the Retail Industry Leaders Association.

ARLINGTON, Va. — The upholding of the individual mandate within the Patient Protection and Affordable Care Act by the Supreme Court drew a response from several industry groups, including the Retail Industry Leaders Association.

RILA president Sandy Kennedy said the focus now should shift to the employer mandate and the effect the changes to employer-sponsored coverage.

June 28, 2012

The Supreme Court on Thursday identified the Patient Protection and Affordable Care Act as a tax, which means the constitutionality of the healthcare-reform package cannot be addressed until after that tax is assessed.

WASHINGTON — The Supreme Court on Thursday morning identified the Patient Protection and Affordable Care Act as a tax, which means the constitutionality of the healthcare-reform package cannot be addressed until after that tax is assessed.

The court did rule the health insurance mandate, a key part of the Affordable Care Act, as unconstitutional; however, the government will continue to be able to tax people for not having health insurance.

June 28, 2012

Dollar stores continue to thrive in this consumer-conscious economy, and Family Dollar is no exception.

MATTHEWS, N.C. — Dollar stores continue to thrive in this consumer-conscious economy, and Family Dollar is no exception.

The dollar store chain reported a total sales increase of 9.6% to $2.36 billion for the third quarter, compared with $2.15 billion for the same period last year. Same-store sales rose 5%, helped by increased customer traffic and strong performances in the seasonal, electronics and consumables categories.

June 27, 2012

CVS Caremark has announced the appointment of Stephen Gold as CIO.

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Stephen Gold as CIO. 

Gold, who joins CVS Caremark on July 9, will focus on bringing new and differentiating technology solutions to the company's retail and pharmacy benefit management businesses.

June 26, 2012

Walgreens is partnering with health authorities and service organizations to provide pharmacist-administered testing for the virus that causes AIDS, the retail pharmacy chain said.

DEERFIELD, Ill. — Walgreens is partnering with health authorities and service organizations to provide pharmacist-administered testing for the virus that causes AIDS, the retail pharmacy chain said.

The company is participating in a Centers for Disease Control and Prevention pilot with Greater Than AIDS and other organizations and local officials to expand HIV testing services and connect more people with the virus to treatment and care.

June 25, 2012

Beauty is not just about making women (and men), well, beautiful. But it is increasingly about providing consumers with solutions that will save them time and money, and, perhaps even more importantly, provide value. And those products that deliver value, help consumers save money and make their lives just a little bit easier stand to win big.

DENVER — Another NACDS Marketplace is nearing an end, and as I think about all of the beauty products I’ve seen this year on the show floor, I come away with this thought: Beauty is not just about making women (and men), well, beautiful. But it is increasingly about providing consumers with solutions that will save them time and money, and, perhaps even more importantly, provide value.

June 25, 2012

Executives from Coca-Cola and Facebook on Monday morning shared social media best practices and strategies here at NACDS Marketplace 2012.

DENVER — Executives from Coca-Cola and Facebook on Monday morning shared social media best practices and strategies here at NACDS Marketplace 2012.

Social media is about engaging the end-consumer in an interactive dialogue, more than it is about accumulating “likes.”

June 25, 2012

This will be the last time I walk an NACDS Marketplace floor. Ever. I’m done. Because next year, it will be the Total Store Expo, and I’m already getting a little jazzed about that. But that’s a year away, yet. For now, let me share some snippets around some of the products and suppliers I found interesting making my last walkthroughs on the Marketplace show floor. Ever.

DENVER — This will be the last time I walk an NACDS Marketplace floor. Ever. I’m done.

Because next year, it will be the Total Store Expo, and I’m already getting a little jazzed about that. Here’s my thought process — is there an opportunity in sitting down with a retail pharmacy operation team along with an OTC buying team and exploring possible synergies between the two? Is there a value-add already built into this meeting?