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Kehoe to succeed Fairweather as CFO at WBA

Kehoe to succeed Fairweather as CFO at WBA

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) recently announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective June 1. Kehoe will succeed George Fairweather, who has served as WBA’s global CFO since February 2015. Fairweather has been instrumental in the formation of WBA, the subsequent integration

Walmart enlists payment tool to spur health incentives

Walmart enlists payment tool to spur health incentives

BENTONVILLE, Ark. — Total health care spending in the U.S. climbed to $3.4 trillion in 2016 and is expected to reach $5.5 trillion by 2020, according to the Centers for Medicare and Medicaid Services. With these costs on the rise, the adoption of wellness incentive programs by health care plans is becoming very popular. Earlier

CVS is taking aim at the high cost of Rxs

WOONSOCKET, R.I. — CVS Health chief policy and external affairs officer Tom Moriarty spoke to attendees at the AHIP (America’s Health Insurance Plans) National Policy Conference in Washington, D.C., earlier this month about ways the company is addressing the high cost of prescription drugs for payers and consumers. Moriarty highlighted a variety of approaches, including

NACDS Regional Conference looks back — and ahead

NACDS Regional Conference looks back — and ahead

FORT LAUDERDALE, Fla. — As it marks 85 years of representing traditional drug stores, supermarkets and mass merchants with pharmacies and supplier partners, the National Association of Chain Drug Stores is looking forward — as it demonstrated during its 2018 NACDS Regional Chain Conference here earlier this month. One of the keynote speakers during the

Wellwise website launched by SDM

TORONTO — Canada today is populated by more citizens over the age of 65 than under the age of 15, according to Statistics Canada. This seismic shift in the country’s demographics corresponds to a cultural shift, as Canadians are no longer content to let age dictate what they can and cannot do. Senior Canadians want

Walgreens uses app to connect with consumers of all ages

Walgreens uses app to connect with consumers of all ages

DEERFIELD, Ill. — The Walgreens mobile app is making shopping more convenient for the drug chain’s customers, and it’s also showing that the technology is not just popular with Millennials but with older Americans as well. More than 20% of the app users, according to Walgreens data, are 55 and older, which is more than

Bartells Drugs names Kathi Lentzsch as CEO

SEATTLE — Bartell Drugs, the country’s largest and oldest family-owned pharmacy, announced two significant hires to its executive ranks last month, including Kathi Lentzsch as the company’s chief executive officer, who becomes only the fifth CEO in the company’s 128-year history. Lentzsch comes to the company with more than three decades of retail experience with

SDM gears up to sell medical marijuana

TORONTO — Canada’s largest retail pharmacy, Shoppers Drug Mart (SDM), is set to become a licensed dispenser of medical marijuana, pending approval from Health Canada, the Canadian government’s department of public health. In anticipation of that approval, medical marijuana producer MedReleaf recently said it has signed an agreement with SDM to become a medical cannabis

Lewis Drug opens new-concept store

Lewis Drug opens new-concept store

SIOUX FALLS, S.D. — Lewis Drug has opened a “next generation” store here designed to offer consumers the “highest level of convenience.” The 25,000-square-foot store,  opened last month, is located at Minnesota Avenue and 37th Street and replaces the 27-year-old Southgate store just a few blocks away. “Our pledge is to provide our guests with

Pharmasave tests clinical program

Pharmasave tests clinical program

VANCOUVER, British Columbia — Thirteen Pharmasave Pacific Ltd. stores in British Columbia are piloting a clinical program to help diabetes patients better manage their condition. The Canadian pharmacy cooperative recently announced that the locations in the province are participating in a pharmacist-led clinical trial in which type 2 diabetes patients use a therapeutic nutrition program

Diplomat purchases software company

FLINT, Mich. — Diplomat Pharmacy Inc. has acquired 8th Day Software and Consulting LLC. With the purchase, the specialty pharmacy also appointed 8th Day Software founder and chief executive officer Dave Loschinskey as Diplomat’s chief information officer. Loschinskey has served as CEO of 8th Day since launching the firm in 2013. The acquisition calls for

Recovery from Hurricane Harvey begins

Recovery from Hurricane Harvey begins

ARLINGTON, Va. — Though Hurricane Harvey has dissipated, it has left many in the Greater Houston area as well as parts of southwestern Louisiana reeling in its aftermath. From initial estimates it appears Harvey’s economic impact will be every bit as staggering as its winds were. Financial analysis firm Moody’s Analytics tallies the costs of

Walmart, Google teams up on voice-controlled shopping

BENTONVILLE, Ark. — As of this month, Walmart shoppers will have another convenient way to purchase hundreds of thousands of products from the retail giant — via the Google Express e-commerce platform, Google Inc.’s online shopping mall. Both companies announced the partnership last month — a joint venture that could rival Amazon.com Inc.’s position in

Rite Aid to make use of RangeMe platform

SAN FRANCISCO — Range­Me, an online platform that streamlines new item discovery between consumer products suppliers and retailers, is teaming up with Rite Aid Corp. in a major initiative to scale product innovation efforts. Rite Aid’s category buying teams will now have the access to efficiently source trending consumer-ready products faster than ever before, “in

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