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Donald maintains continuity at Albertsons

Donald maintains continuity at Albertsons

The appointment of Jim Donald to succeed Bob Miller as chief executive officer of Albertsons Cos. earlier this month symbolizes the company’s ability to maintain its equilibrium when confronted with adversity and find new ways forward. The food/drug combination store operators’ strategic plan, which was centered on a merger with Rite Aid, was upended in

In face of Amazon, Rx needs to stay course

In face of Amazon, Rx needs to stay course

Amazon’s long anticipated, much ballyhooed entry into the retail pharmacy sector has finally taken place. The e-commerce powerhouse in late June agreed to pay a billion dollars to purchase PillPack, which packages prescription medications in presorted doses, along with over-the-counter health care products and nutritional supplements, and delivers them directly to patients’ homes. Cofounded in

CVS-Aetna: an answer to a broken system

CVS-Aetna: an answer to a broken system

All indications are that CVS Health’s $77 billion acquisition of Aetna is on track to be finalized by the end of the year. The transaction has won the approval of shareholders at both companies, and the management team for the combined organization has been named, even as the government’s review of the deal has proceeded

Trump takes a shot at lowering Rx prices

Trump takes a shot at lowering Rx prices

President Trump has unveiled the administration’s much anticipated plan to reduce pharmaceutical prices. Speaking in the White House Rose Garden last month, the president touted what he characterized as “the most sweeping action in history to lower the prices of prescription drugs for the American people.” Long on rhetoric and short on specifics, the initiative

The talk of the NACDS Annual Meeting

The talk of the NACDS Annual Meeting

The National Association of Chain Drug Stores Annual Meeting last month in Palm Beach, Fla., unfolded against a backdrop of rapid-fire change in community pharmacy and the broader retailing and health care sectors. Leaders of many of the nation’s top mass market retailers, including discounters, supermarkets, dollar stores and even online merchants, as well as

NACDS RxImpact Day part of ongoing dialogue

NACDS RxImpact Day part of ongoing dialogue

An understanding of the value created by the National Association of Chain Drug Stores’ annual RxImpact Day — for the policy makers and pharmacy advocates who participated, the pharmacy profession as a whole and, ultimately, patients across the country — came into sharp focus during the daylong series of meetings on Capitol Hill that is

Industry strengthened by NACDS events

Industry strengthened by NACDS events

The National Association of Chain Drug Stores is gearing up for three big events in the coming months, each of which will offer stakeholders in community pharmacy an opportunity to advance the interests of their organization and the industry as a whole. Taken together, NACDS RxImpact Day on Capitol Hill, the NACDS Annual Meeting and

Albertsons-Rite Aid to create wellness powerhouse

Albertsons-Rite Aid to create wellness powerhouse

CAMP HILL, Pa. — The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview with Chain Drug Review. The Albertsons-Rite Aid merger deal, announced Tuesday, will transform Rite Aid through

Beauty innovation only the start at CVS

Beauty innovation only the start at CVS

The announcement by CVS Pharmacy president Helena Foulkes at last month’s National Retail Federation Big Show that the retailer will adopt standards that bring a new level of transparency to the images used to promote its beauty business caused a stir in the category and triggered a long overdue discussion about the impact of such

Regional chains don’t settle for status quo

Regional chains don’t settle for status quo

With the National Association of Chain Drug Stores gearing up for its annual NACDS Regional Chain Conference, which will run from February 4 through February 6 in Fort Lauderdale, Fla., it is a good moment to appraise that segment of the community pharmacy industry. Greatly reduced in number by the consolidation wave that has repeatedly

H-E-B’s Martin Otto wins leadership award

H-E-B’s Martin Otto wins leadership award

SAN ANTONIO — Even the best-run, most effective organizations can benefit from occasionally reconsidering their work in a new light. The National Association of Chain Drug Stores is a case in point. Long viewed as the country’s preeminent retail trade group, NACDS has in recent months broadened and deepened its already formidable commitment to the

Kevin Hourican honored as top pharmacy exec

Kevin Hourican honored as top pharmacy exec

WOONSOCKET, R.I. — Kevin Hourican is a relative newcomer to community pharmacy, but that hasn’t prevented him from helping CVS Health live up to its positioning as a pharmacy innovation company. Since being named executive vice president of retail pharmacy and supply chain 18 months ago, Hourican, who was trained in economics and supply chain

Alex Gourlay named Retailer of the Year

Alex Gourlay named Retailer of the Year

DEERFIELD, Ill. — To the casual observer, the dominant story line at Walgreens might appear to be the phased acquisition of 1,932 drug stores and related assets from Rite Aid Corp., and plans for their subsequent assimilation. But, important as the deal is, it shouldn’t be allowed to obscure other compelling developments at Walgreens Boots

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