Content about Walgreens

January 27, 2014

Walgreens Infusion Services on Monday announced that it has been selected as the preferred provider of home administration services for Makena (hydroxyprogesterone caproate injection), the only FDA-approved medication to help reduce the risk of preterm birth for clinically indicated patients.

DEERFIELD, Ill. — Walgreens Infusion Services on Monday announced that it has been selected as the preferred provider of home administration services for Makena (hydroxyprogesterone caproate injection), the only FDA-approved medication to help reduce the risk of preterm birth for clinically indicated patients. Makena is a progestin indicated to reduce the risk of preterm birth in women with a singleton pregnancy who have a history of singleton spontaneous preterm birth.

January 24, 2014

Family support group Tomorrow's Child recently partnered with Walgreens stores across Michigan, according to the company.

EAST LANSING, Mich. — Family support group Tomorrow's Child recently partnered with Walgreens stores across Michigan, according to the company. 

Supporters of Tomorrow's Child can help more babies reach their first birthdays by visiting Walgreens in January and purchasing $1 or $5 "pin-ups" at any of its 230 Michigan stores.

January 23, 2014

SheaMoisture, a personal care brand, has released two new products formulated especially for babies and children with allergies and skin sensitivities.

AMITYVILLE, N.Y. — SheaMoisture, a personal care brand, has released two new products formulated especially for babies and children with allergies and skin sensitivities.

January 23, 2014

Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

VALLEY FORGE, Pa. — Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

“In our December quarter, we delivered solid results as we onboarded substantial new business,” Steven Collis, AmerisourceBergen president and CEO, said. “We performed well operationally, made meaningful progress through a significant working capital transition, and positioned ourselves well to meet our objectives for the fiscal year.”

January 21, 2014

Walgreens announced the official grand re-opening of its newest 24/7 flagship store, located in Union Square, Manhattan.

NEW YORK — Walgreens on Tuesday announced the official grand re-opening of its newest 24/7 flagship store, located in Union Square, Manhattan. The store, which will open at 10:30 a.m. on Jan. 23, originally opened in 2001 and has now been renovated to feature Walgreens' new Well Experience format.

January 17, 2014

Multicultural beauty brand IMAN Cosmetics is the official cosmetics partner for “About Last Night” and will launch a new custom-created collection inspired by the film’s theme and characters.

NEW YORK — Multicultural beauty brand IMAN Cosmetics is the official cosmetics partner for “About Last Night” and will launch a new custom-created collection inspired by the film’s theme and characters.

The Luxury Moisturizing Lipstick Collection features five new shades — Hot, Scandalous, Taboo, Flirtatious, and Kinky Pink — that are available at Walgreens and Wal-Mart.

January 15, 2014

Walgreens on Wednesday announced it is donating the value of 3 million vaccines for children in developing countries upon successful completion of its immunizations campaign developed in partnership with the UN Foundation’s Shot@Life campaign.

DEERFIELD, Ill. — Walgreens on Wednesday announced it is donating the value of 3 million vaccines for children in developing countries upon successful completion of its immunizations campaign developed in partnership with the UN Foundation’s Shot@Life campaign.

Walgreens pledged to donate the value of one vaccine through Shot@Life for each immunization the company administered from Sept. 4 through Oct. 14, with a goal to reach three million vaccines to benefit children in developing countries by protecting them against such diseases as measles and polio. 

January 15, 2014

"Mad Money"'s Jim Cramer on Tuesday evening interviewed Walgreens president and CEO Greg Wasson on what's behind the drug store retailer's skyrocketing shareholder value.

NEW YORK — "Mad Money"'s Jim Cramer on Tuesday evening interviewed Walgreens president and CEO Greg Wasson on what's behind the drug store retailer's skyrocketing shareholder value. 

January 14, 2014

The healthcare network Centura Health and Walgreens on Tuesday announced a clinical collaboration agreement that will provide coordinated and expanded healthcare services for patients throughout Colorado’s Front Range.

ENGLEWOOD, Colo. — The healthcare network Centura Health and Walgreens on Tuesday announced a clinical collaboration agreement that will provide coordinated and expanded healthcare services for patients throughout Colorado’s Front Range.

January 13, 2014

Users of a medication-management app can now refill their prescriptions using an enhancement to it.

HAIFA, Israel — Users of a medication-management app can now refill their prescriptions using an enhancement to it.

MediSafe announced Monday an updated version of its Medication Refill Reminder app allowing users to enter contact information for their preferred pharmacies and, once alerted that a medication refill is needed, to click on the pharmacy logo that directs them to the mobile refill page of the specified pharmacy. The app currently supports refills for Walgreens, CVS, Rite Aid and Health Mart.

January 10, 2014

The board of directors of Walgreens on Thursday declared a regular quarterly dividend of 31.5 cents per share, a 14.5% increase over the year-ago dividend.

DEERFIELD, Ill. — The board of directors of Walgreens on Thursday declared a regular quarterly dividend of 31.5 cents per share, a 14.5% increase over the year-ago dividend. 

The dividend is payable March 12, 2014, to shareholders of record on Feb. 18, 2014.

Walgreens has paid a dividend in 325 straight quarters (more than 81 years) and has raised its dividend for 38 consecutive years. Over the last five years, Walgreens annual dividend rate has increased from 45 cents per share to $1.26 per share, resulting in a compound annual growth rate of nearly 23%.

January 9, 2014

Administering high-touch, expensive and complex medications to patients intravenously in their homes — or in a setting other than a hospital — is essentially a large-scale bid to “reduce costs by transferring non-self-administered drugs to the most cost-effective and clinically appropriate site of care,” said pharmacist Michael Einodshofer, senior director of specialty strategy and innovation at Walgreens Specialty Pharmacy.

Administering high-touch, expensive and complex medications to patients intravenously in their homes — or in a setting other than a hospital — is essentially a large-scale bid to “reduce costs by transferring non-self-administered drugs to the most cost-effective and clinically appropriate site of care,” said pharmacist Michael Einodshofer, senior director of specialty strategy and innovation at Walgreens Specialty Pharmacy.

January 9, 2014

A pharmacy professor and compounding pharmacy owner are candidates for president-elect of the American Pharmacists Association for 2015-2016, the group said.

WASHINGTON — A pharmacy professor and compounding pharmacy owner are candidates for president-elect of the American Pharmacists Association for 2015-2016, the group said.

The APhA said the candidates for the position are Virginia Commonwealth University School of Pharmacy professor and community pharmacy residency program director Jean-Venable Goode and Newport Beach, Calif.-based Westcliff Compounding Pharmacy owner Michael Pavlovich. Members will have the opportunity to meet the candidates at the APhA Annual Meeting and Exposition in Orlando, Fla., in March.

January 9, 2014

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

Each company will have a 50% stake in the joint venture, contributing its respective sourcing and supply chain expertise. The deal also included an extension of Cardinal Health’s existing pharmaceutical distribution agreement with CVS Caremark through June 2019.

January 9, 2014

Rather than take vacation for Christmas and New Year’s, the editors of DSN worked to compile a list of the top 10 trends that will shake up the business in 2014.

Rather than take vacation for Christmas and New Year’s, the editors of DSN worked to compile a list of the top 10 trends that will shake up the business in 2014.

Clinics explode onto scene

Keep a close eye on retail-based health clinics come 2014.

The convenient care industry has come far since hitting the scene in 2000 and today — with nearly 1,500 clinics nationwide — they are proving their importance within the changing healthcare landscape.

January 8, 2014

A New York-based distribution, merchandising and analytics firm has hired a former executive from Rite Aid and Duane Reade.

NEW YORK — A New York-based distribution, merchandising and analytics firm has hired a former executive from Rite Aid and Duane Reade.

L&R Distributors announced Wednesday the hiring of Mike Cirilli as VP category management and procurement. L&R distributes more than 30,000 general merchandise, health, beauty and cosmetics products, pointing more than 12,000 points of distribution across the supermarket, drug, independent and mass-merchandise channels.

January 8, 2014

Walgreens is not only completely transforming its drug store business from a prescription medicine dispensary to healthcare provider, they're continuing to deliver shareholder value.

CHICAGO — Walgreens is not only completely transforming its drug store business from a prescription medicine dispensary to healthcare provider, they're continuing to deliver shareholder value. Since the chain implemented its "Plan to Win" strategy five years ago, kicking off Walgreens journey to reinvent and innovate the storied drug store chain for a new era of growth and value creation, Walgreens has delivered 145% in shareholder returns vs. the 118% return realized by the S&P 500 in the same period. 

January 7, 2014

Walgreens' latest omnichannel offering features a partnership with TaskRabbit, an online mobile marketplace that will deliver OTC cold medicines anywhere within the 19 cities in which the service exists, according to a report published by Mashable on Monday.

CHICAGO — Walgreens' latest omnichannel offering features a partnership with TaskRabbit, an online mobile marketplace that will deliver OTC cold medicines anywhere within the 19 cities in which the service exists, according to a report published by Mashable on Monday. 

According to the report, the partnership runs this week through Feb. 18. The Walgreens OTC offering will be featured in TaskRabbit's iOS app's Task Wheel and on the TaskRabbit website.

January 7, 2014

As awards season kicks off, Walgreens is teaming up with Procter & Gamble to host a Twitter party and provide beauty mavens with an opportunity to win a “fab bag,” which will be featured during the People’s Choice Awards on Jan. 8.

DEERFIELD, Ill. — As awards season kicks off, Walgreens is teaming up with Procter & Gamble to host a Twitter party and provide beauty mavens with an opportunity to win a “fab bag,” which will be featured during the People’s Choice Awards on Jan. 8.

January 6, 2014

GlaxoSmithKline Consumer Healthcare and Walgreens teamed up to launch Sponsorship to Quit, a free online quit-smoking gamification program that smokers can personalize with customized tools and tips during their journey to quit.

PARSIPPANY, N.J. — GlaxoSmithKline Consumer Healthcare and Walgreens on Monday teamed up to launch Sponsorship to Quit, a free online quit-smoking gamification program that smokers can personalize with customized tools and tips during their journey to quit. 

January 6, 2014

InComm, a leading prepaid product and transaction services company, announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform.

ATLANTA — InComm, a leading prepaid product and transaction services company, on Monday announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform. 

January 6, 2014

Walgreens reported December sales of $7.2 billion, an increase of 7.2%. Sales in comparable stores increased by 6.1% in December.

DEERFIELD, Ill. — Walgreens on Monday reported December sales of $7.2 billion, an increase of 7.2%. Sales in comparable stores increased by 6.1% in December. Calendar day shifts positively impacted total comparable sales by 170 basis points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 70 basis points. December 2013 had one additional Tuesday and one fewer Saturday compared with December 2012. 

January 3, 2014

Regional chain Kinney Drugs is the latest to offer prescriptions at no upfront cost to some customers who have enrolled in Obamacare, according to published reports.

NEW YORK — Regional chain Kinney Drugs is the latest to offer prescriptions at no upfront cost to some customers who have enrolled in Obamacare, according to published reports.

The Syracuse, N.Y., Post-Standard reported Friday that the Gouverneur, N.Y.-based chain would offer 30-day prescriptions to customers who have enrolled, but have not received an identification number. The offer is good through the month of January. Kinney operates 99 stores in central and northern New York and adjacent areas of Vermont.

January 3, 2014

According to reports, as many as 2.1 million Americans signed up for new insurance coverage that went into effect Jan. 1. However, even though these newly insured people had coverage, what they perhaps didn't have was the identification card to process claims, such as prescriptions, for example. But don't worry, retail pharmacy was fast to the rescue, offering those 2.1 million patients who had obtained insurance through a health exchange the benefit of the doubt and a 30-day supply of their prescriptions at no upfront cost once their coverage was verified.

According to reports, as many as 2.1 million Americans signed up for new insurance coverage that went into effect Jan. 1. However, even though these newly insured people had coverage, what they perhaps didn't have was the identification card to process claims, such as prescriptions, for example. But don't worry, retail pharmacy was fast to the rescue, offering those 2.1 million patients who had obtained insurance through a health exchange the benefit of the doubt and a 30-day supply of their prescriptions at no upfront cost once their coverage was verified. 

January 2, 2014

 NEW YORK — A story that appeared in the Dec. 21 edition of DSN AM, "Walgreens firing on all cylinders as chain realizes a total comp sales increase of 5.4% for its first quarter," incorrectly stated that Walgreens had administered an increase of 3.4% in flu shots in the first quarter.