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LEADING HEADLINES

QuintilesIMS’ Jim Hunter honored with Pratt Award

QuintilesIMS’ Jim Hunter honored with Pratt Award

SAN DIEGO — QuintilesIMS executive Jim Hunter was presented the Harold W. Pratt Award at the 2017 NACDS Total Store Expo. Hunter, vice president of supplier services at QuintilesIMS, received the award Sunday morning during the conference’s business program. Named after longtime Walgreens executive Harold

Health: An opportunity for everyone

Health: An opportunity for everyone

If ever there was a topic on everyone’s mind these days it is health. No, don’t panic: I’m not referring to all the vitriol coming out of Washington around the repeal of the Affordable Care Act (although clearly that’s one reason). What I am talking

NACDS recognizes Kinney Drugs with PEP Award

NACDS recognizes Kinney Drugs with PEP Award

SAN DIEGO — Regional drug chain Kinney Drugs was honored for political engagement by the National Association of Chain Drug Stores at the 2017 NACDS Total Store Expo here. Mike Duteau, vice president of business development and strategic relations for KPH Healthcare Services, accepted the

Four reasons value brands belong in your store

Four reasons value brands belong in your store

For many drug store executives, the conventional wisdom is that their customers simply don’t buy value brands — such as Suave and VO5 shampoo, or Aim and Pepsodent toothpaste. When looking closer at their stores’ offerings, the truth is that the executives’ beliefs are a

What’s next for WBA, Rite Aid and Fred’s

What’s next for WBA, Rite Aid and Fred’s

Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. announced on June 29 that their merger is off, which goes to show you that nothing is certain in the world of retail mergers and acquisitions, especially with the U.S. government involved. The long and somewhat

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RETAIL NEWS

Affordable Care Act still plagued by uncertainty

WASHINGTON — The failed effort to overturn the Affordable Care Act has hardly erased doubts about the law’s short- and long-term viability. Already, the Trump administration has suspended contracts with two companies that have helped thousands of people in nearly a score of cities get

Thrifty White earns accreditation for Rx tech training

STOCKTON, Calif. — Thrifty White Pharmacy has received ASHP/ACPE accredition for its pharmacy technician training program. Therapeutic Research Center said Thrifty White leverages TRC’s Pharmacy Technicians University (PTU) medication learning platform for the program. The PTU National Standards program has a 600-hour curriculum comprised of 160

CVS to buy Fagen Pharmacy chain

WOONSOCKET, R.I. — CVS Pharmacy plans to acquire DeMotte, Ind.-based regional drug chain Fagen Pharmacy. Financial terms of the deal weren’t disclosed. CVS said it agreed to buy 20 Fagen drug stores in northwest Indiana and northeast Illinois. Plans call for eight of the Fagen

WBA, Rite Aid to reset waiting period for store deal

NEW YORK — Walgreens Boots Alliance Inc. and Rite Aid Corp. are rescheduling the waiting period for a downsized store sale agreement reached upon the termination of their planned merger. According filings with the Securities and Exchange Commission yesterday, WBA and Rite Aid agreed to

Walmart sees sales edge up in second quarter

BENTONVILLE, Ark. — Walmart reported its 12th consecutive quarter of same-store sales gains at its U.S. stores. The retail giant said Thursday that comparable-store sales for the second quarter rose 1.8% compared to a 1.6% increase in the same period of 2016. Comp sales at

SUPPLIER NEWS

A&D Medical UltraConnect BP monitors hit retail market

SAN JOSE, Calif. — Bridging the health care and consumer arenas, A&D Medical is rolling out its new line of UltraConnect blood pressure monitors to the retail space. A&D said the UltraConnect BP monitors, to be on display at the NACDS Total Store Expo (booth

DNP Imagingcomm unveils retail photo solutions

CONCORD, N.C. — DNP Imagingcomm America Corp. plans to showcase its photo printing solutions for the retail environment in its debut at the NACDS Total Store Expo. Products at the DNP booth (No. 1648) will include the new IDW500 Passport and ID photo system. The

Mylan, DOJ finalize settlement on EpiPen

PITTSBURGH — Mylan Inc. and Mylan Specialty L.P. have entered an agreement with the U.S. Department of Justice finalizing the $465 million Medicaid drug rebate settlement last fall. Mylan said late Thursday that the settlement, announced Oct. 7, resolves claims over the classification of the

Paris Presents moves up Inc. 5000 list

GURNEE, Ill. — Paris Presents Inc. has jumped higher in the Inc. 5000 list of the fastest-growing private companies. The beauty and personal care company said Thursday that it ranks 3,136 on the 2017 Inc. 5000 list, a jump of 428 spots from a year

MPG adds veteran Bayer executive Girard Smith

PRINCETON, N.J. — Longtime Bayer Consumer Health executive Girard Smith has joined consulting and sales services firm Market Performance Group (MPG) as executive vice president. MPG said Smith will serve as a member of its leadership team and as a client lead. “We are thrilled