November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
MISSISSAUGA, Ontario — Frank Scorpiniti has stepped down as chief executive officer of Rexall/Katz Group Canada Ltd. Scorpiniti, who formerly headed pharmacy operations at Duane Reade and Longs Drug Stores, will be returning to the United States to pursue an opportunity in the retail industry. Rexall/Katz Group will announce a new CEO soon. Chief operating
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
WOONSOCKET, R.I. — A month after removing tobacco products from its stores, CVS Health has confirmed that it’s working toward establishing networks of tobacco-free pharmacies. The move comes as a response to clients of its Caremark pharmacy benefits management business who are interested in this option, CVS reported. CVS removed tobacco products from its stores
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
WASHINGTON — The Obama administration has piloted a health insurance exchange for small businesses in five states ahead of a rollout for most of the rest of the nation. The new portal opened late last month for small companies in Delaware, Illinois, Missouri, New Jersey and Ohio. Businesses in those states with less than 50
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
NEW YORK — A battle over the future of mobile payment is playing out at the nation’s leading drug chains. Walgreen Co. is among the retailers that allow customers to pay for their purchases with their new iPhones, while CVS/pharmacy and Rite Aid Corp. are among the chains that have rejected the new Apple Pay
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
NEW YORK — Paced by leading chain drug operators, the number of retail health clinics in the United States is growing steadily, says a Kalorama Information report. In recent years, as a result of the economic downturn, retail clinic growth had been at a standstill. But 2013-2014 was a year of opportunities, as the number
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
WASHINGTON — With Ebola fears proliferating, members of the pharmacy community should provide a calming and educated voice by reminding patients that the risk of infection in the United States is very low. That is the message of Rx Response, which is urging pharmacists to remind people that many other endemic diseases and conditions are
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
WOONSOCKET, R.I. — CVS Health has entered into clinical affiliations with three regional health systems. In its latest collaborations, CVS has partnered with Baptist Health System in Alabama; Premier Health in Ohio; and Community Health Systems (CHS) affiliated hospitals, including Commonwealth Health in Pennsylvania, Tennova Healthcare in Tennessee and Northwest Medical Center, which includes Oro
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
DEERFIELD, Ill. — Walgreen Co. has lost two executives to retirement who collectively had spent more than a half-century with the retailer. Both John Spina and Don Huonker retired on October 31, the company says. Spina, corporate vice president of expense optimization, had the longer tenure of the two. He joined Walgreens in 1979 as
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
ARLINGTON, Va. — Renowned news correspondent, television host and producer Barbara Walters will serve as the keynote speaker for the National Association of Chain Drug Stores Foundation Dinner, which will be held on December 3 in New York City. In its 16th year, the dinner and contributions from the NACDS Foundation’s benefactors help support evidence-based
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
BENTONVILLE, Ark. — Sam’s Club has teamed with Aetna on a program designed to make it easier for small business owners to get health insurance coverage for themselves and their employees. Aetna Marketplace for Sam’s Club is billed as the first mass retail-supported private health care exchange designed to meet the needs of both small
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
MEMPHIS, Tenn. — Jerry Shore has been named chief executive officer of Fred’s Inc., which operates more than 350 pharmacies and is transitioning to a convenience/pharmacy-centric model. Shore, who had been chief operating officer and chief financial officer, succeeds Bruce Efird, who is leaving the company upon the expiration of his contract. Shore had been
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
ARLINGTON, Va. — The Centers for Disease Control and Prevention (CDC), in its monthly webcast during October, highlighted the pivotal role that is played by community pharmacy in improving patient health. National Association of Chain Drug Stores president and chief executive officer Steve Anderson commended the CDC for creating the webcast and for its effort
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, News
WASHINGTON — The Obama administration is joining the push to protect Americans from identity theft and fraud. President Obama signed an executive order last month to strengthen security on federally issued credit cards and government payment systems. The order requires government agencies and offices to upgrade the technologies they use to protect consumer data. Obama
November 7, 2014 by Chain Drug Review
Issue 11-10-2014, Opinion
Mass market retailing, once the scene of an apparently ongoing string of meetings, conferences, exhibit shows and discussions, has morphed into an industry where such gatherings are disappointingly few and far between. One result is that an industry once connected by the opportunity (need?) to gather at various times throughout the year has disintegrated into