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Jury still out on WBA-Rite Aid merger deal

Jury still out on WBA-Rite Aid merger deal

WASHINGTON — The acquisition of Rite Aid Corp. by Walgreens Boots Alliance (WBA) Inc. remained unconsummated after WBA’s plan to divest 865 stores failed to erase antitrust regulators’ competitive concerns. When the Friday, January 27, deadline for completing the Walgreens-Rite Aid merger deal arrived, the Federal Trade Commission still hadn’t cleared the transaction, despite the

Provider status legislation on docket

WASHINGTON — Pharmacist provider status legislation was reintroduced in the House of Representatives last month with the original bipartisan cosponsorship of nearly one-quarter of the members. The Senate bill had been reintroduced eight days earlier. The National Association of Chain Drug Stores thanked lead House sponsors Brett Guthrie (R., Ky.), G.K. Butterfield (D., N.C.), Tom

Furner set to take helm at Sam’s Club as Brewer exits

BENTONVILLE, Ark. — John Furner has been named president and chief executive officer of Sam’s Club. He succeeds Rosalind Brewer, who is retiring effective February 1. Furner has been chief merchandising officer at Sam’s Club, with responsibility for global sourcing, packaging and private brands. He was named to the post in October 2015. Before that

Operations award goes to Richard Ashworth

Operations award goes to Richard Ashworth

DEERFIELD, Ill. — As president of pharmacy and retail operations at Walgreens, Richard Ashworth has helped point the chain in a new direction. The change, both at the company’s support office and in stores, has given the retailer a major boost. Measures ranging from net promoter scores to on-time prescriptions to in-stock levels are up

Walgreens Optical center makes debut

Walgreens Optical center makes debut

CHICAGO — Walgreens has opened a vision care center at its Magnificent Mile store in the Wrigley Building in Chicago. The Walgreens Optical department offers comprehensive eye exams from independent, fully licensed optometrists and opticians, advanced lenses from leading companies, a full selection of variably priced frames, and clear and simple pricing. The retailer believes

Republicans talk about what will come after ACA

WASHINGTON — Republicans want to replace the Affordable Care Act with “universal access” to health care, House GOP members said. The goal is to ensure that everyone can buy or find coverage, a House leadership aide said at a briefing organized by top Republicans. The briefing came amid growing concern about the 20 million people

Suit accuses six generic drug makers of price fixing

Suit accuses six generic drug makers of price fixing

HARTFORD, Conn. — Twenty states have accused six generic drug manufacturers of price ­fixing. The states’ attorneys general also said their lawsuit, filed in federal court here, may be just the start of a much broader legal action. The suit charges that the drug makers, led by New Jersey-based Heritage Pharmaceuticals, conspired to artificially elevate

Wakefern makes Chris Lane an executive VP

KEASBEY, N.J. — Chris Lane has been promoted to executive vice president of Wakefern Food Corp. He had been senior vice president of product ­divisions. Lane, a 13-year Wakefern veteran and former vice president of pharmacy at Duane Reade, will guide day-to-day operations and strategy planning. “Our goal was to select an individual who would

Rick Keyes becomes chief executive at Meijer

GRAND RAPIDS, Mich. — Meijer Inc. president Rick Keyes has added the title of chief executive officer. Keyes took the CEO reins effective January 1. He succeeded Hank Meijer, who has become executive chairman of Meijer, which operates 230 supercenters and grocery stores, with pharmacies, in Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. “We have

Walgreens eyes more efficient health care

Walgreens eyes more efficient health care

DEERFIELD, Ill. — In a country where health care is rife with wasted time and money, Walgreens is committed to making pharmacy more efficient. One measure of the practice’s current inefficiency, says Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance Inc., is the large number of prescriptions that need additional authorization on the way

Trump chooses harsh critic of ACA to head HHS

Trump chooses harsh critic of ACA to head HHS

WASHINGTON — The choices of Tom Price and Seema Verma for top health positions under Donald Trump have reaffirmed the president-elect’s commitment to toppling the Affordable Care Act. Price, a six-term Republican congressman from Georgia and fierce critic of Obamacare, was picked as secretary of the Department of Health and Human Services (HHS), while Verma,

CVS, OptumRx are teaming up

WOONSOCKET, R.I. — CVS Pharmacy is partnering with OptumRx, the PBM subsidiary of UnitedHealth Group, to boost convenience and lower costs for consumers and clients while improving outcomes. The two companies will offer employers a new pharmacy network program providing eligible OptumRx members the option to fill 90-day prescriptions at prices equal to home delivery

Optimism surrounds holiday shopping season

Optimism surrounds holiday shopping season

NEW YORK — Pervasive optimism over the economy and strong early online sales signaled a robust holiday shopping season. Economic growth, a lack of inflation, rising wages and low unemployment have buoyed consumers and augured a willingness to spend significantly through December. And while many shoppers are favoring online purchases, the general enthusiasm was also

McKesson Canada taps Keays as president

MONTREAL — Sixteen-year company veteran Paula Keays has been promoted to president of McKesson Canada. Keays had been senior vice president of pharmaceutical distribution and operations. She fills the vacancy that was created by the late-summer departure of Alain Champagne, who joined sales training and development firm Optimé International as a partner and chief executive

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