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CVS: More consumers take flu shot action

CVS: More consumers take flu shot action

WOONSOCKET, R.I. — More Americans are now opting for an annual flu shot versus a year ago, according to a Harris Poll survey conducted for CVS Pharmacy. CVS said Wednesday that the Harris poll of 2,074 U.S. adults found that 61% get a flu vaccination each year or plan to get one this year, up

Walgreens debuts online health research center

Walgreens debuts online health research center

DEERFIELD, Ill. — To help promote more effective and efficient patient care, Walgreens has launched the Center for Health & Wellbeing Research, a website with more than 50 Walgreens outcomes studies conducted over the past six years. Walgreens said Tuesday that the new Walgreens.com/research site provides summaries, links and original documents related to company research

Should pharmacy industry worry about Amazon?

Should pharmacy industry worry about Amazon?

What would happen to your business if, tomorrow, Amazon bought a major chain like CVS Pharmacy, Walgreens or Rite Aid? Not so long ago, if you put this question to an executive in the chain drug store industry, the response might have been “Well, that’s not going to happen.” But now that Amazon has announced

Walgreens fine-tunes the front end

Walgreens fine-tunes the front end

DEERFIELD, Ill. — Joe Hartsig, the new chief merchant at Walgreens, is taking one of the guiding principles established 116 years ago by the drug chain’s founder, Charles R. Walgreen, and updating it for 21st century shoppers. The idea “we believe in the merchandise we sell” is being recast as “we believe in the experience

CVS Health tops analysts’ 2Q earnings forecast

CVS Health tops analysts’ 2Q earnings forecast

WOONSOCKET, R.I. — CVS Health beat Wall Street’s earnings forecast for the second quarter and bumped up the bottom of its 2017 guidance despite declined sales in its retail pharmacy business unit. CVS said Tuesday that net income for the second quarter ended June 30 totaled $1.1 billion, or $1.07 per diluted share (GAAP), compared

Albertsons taps Turner as senior advisor

Albertsons taps Turner as senior advisor

BOISE, Idaho — Albertsons Cos. said Monday that it has appointed former Microsoft chief operating officer Kevin Turner to serve as vice chairman of the board of managers at its direct parent company, AB Acquisition LLC. Turner will also serve as senior advisor to Albertsons chairman and chief executive officer Bob Miller. Turner brings extensive

McKesson Canada names president of Rexall

McKesson Canada names president of Rexall

MISSISSAUGA, Ontario — Sobeys Inc. executive Beth Newlands Campbell is joining McKesson Canada as president of Rexall Drugstore. McKesson Canada said Friday that Newlands Campbell, most recently president of the Atlantic/Ontario business unit at Sobeys, is slated to start in her new post at Rexall on Aug. 8. As Rexall’s president, Newlands Campbell will lead

Rite Aid looks ahead to stronger store base

Rite Aid looks ahead to stronger store base

CAMP HILL, Pa. — Rite Aid Corp. has provided a more detailed picture of its store base after the expected closing of its deal to sell nearly half its stores to Walgreens Boots Alliance (WBA). In a filing with the Securities and Exchange Commission, Rite Aid said it would have 2,336 stores following the sale

Senate rejects ‘skinny’ repeal of ACA

Senate rejects ‘skinny’ repeal of ACA

WASHINGTON­­ — The Senate dealt a devastating blow to Republican efforts to repeal and replace the Affordable Care Act by defeating a GOP “skinny repeal” bill early Friday morning. Sens. John McCain (R., Ariz.), Lisa Murkowski (R., Alaska) and Susan Collins (R., Maine) joined with Democrats to oppose the measure, a major loss for President

WBA agrees to global supply deal with Fareva

WBA agrees to global supply deal with Fareva

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) announced on Tuesday a binding offer from Fareva for a 10-year global agreement for the manufacture and supply of own brand beauty products and private label items, including products for sale in the United States. The proposed agreement will create a partnership to provide WBA with a

Health care bill collapses in the Senate

Health care bill collapses in the Senate

WASHINGTON — Senate GOP leaders have once again failed in their efforts to dismantle and simultaneously replace much of the Affordable Care Act, after the defections of two more Republican senators left the party short of the votes needed to pass President Trump’s top legislative priority for his first seven months in office. Two more

McKesson ideaShare spotlights community Rx

McKesson ideaShare spotlights community Rx

NEW ORLEANS — McKesson Corp. has kicked off ideaShare 2017, its annual forum for community pharmacists nationwide to help sharpen their health care capabilities and growth their businesses. Running through Sat. July 15, the McKesson ideaShare 2017 gives pharmacy industry attendees access to industry thought leaders, pharmacy programs and solutions, continuing education courses, and networking

Jean Coutu stores see 1Q sales surge

Jean Coutu stores see 1Q sales surge

VARENNES, Quebec — Double-digit gains in the pharmacy hoisted Jean Coutu Group’s retail store network sales in the fiscal 2018 first quarter. Jean Coutu said Tuesday that for the first quarter ended June 3, 2017, sales in the franchised store network totaled $1.15 billion (Canadian), up 7% from $1.08 billion a year earlier. Revenue rose

NACDS offers input to U.S. drug abuse commission

NACDS offers input to U.S. drug abuse commission

ARLINGTON, Va. — The National Association of Chain Drug Stores described retail pharmacy as a strong partner in the fight against drug abuse in a letter to New Jersey Gov. Chris Christie, chairman of the President’s Commission on Combating Drug Addiction and the Opioid Epidemic. NACDS president and chief executive officer Steve Anderson noted in

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