ECRM_1170x120_8-1-17

Issue 10-10-2016

WBA works to clear way to finalizing Rite Aid acquisition

WBA works to clear way to finalizing Rite Aid acquisition

NEW YORK — Speculation continues to percolate about snags holding up Walgreens Boots Alliance Inc.’s (WBA’s) acquisition of Rite Aid Corp. Last last month the New York Post reported that private equity firms were uninterested in purchasing 650 stores that WBA must divest to satisfy antitrust requirements. Investors found the stores to be subpar and

Genoa enters New York market

Genoa enters New York market

BAY SHORE, N.Y. — After opening its 300th pharmacy a few months ago, Genoa has achieved another milestone. The fast-growing behavioral health pharmacy has launched its first location in New York, giving the company 330 pharmacies overall. The new pharmacy is inside the Bay Shore, N.Y., facility of Family Service League, a nonprofit social service

Chain drug legend Cork Walgreen dies

Chain drug legend Cork Walgreen dies

DEERFIELD, Ill. — Charles (Cork) Walgreen III, who led Walgreen Co. for nearly three decades, died last month at age 80. Walgreen, whose grandfather, Charles Walgreen Sr., opened the first Walgreens drug store in Chicago in 1901, was born in 1935 to Mary Ann Leslie and Charles Walgreen Jr. He would go on to become

Young enrollees sought for ACA

Young enrollees sought for ACA

WASHINGTON —  Seeking to boost the number of young people getting health insurance through the Affordable Care Act, the Obama administration is employing targeted digital communications and social ­media. The White House Healthy Campus Challenge will engage college and university campuses in enrollment efforts nationwide. “We will work with administrators, students, faculty, staff, alumni, and

Walgreens unveils online skin care platform

DEERFIELD, Ill. — To help meet the growing need for skin care resources and accessible care and treatment, Walgreens has launched a new skin care answers platform, available through Walgreens.com and the Walgreens mobile app. The average wait time for patients looking to see a dermatologist in the U.S., according to Walgreens, is nearly 29

Neighbourhood Pharmacies names full-time CEO

TORONTO — The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has appointed Justin Bates as its permanent chief executive officer. Speaking to the appointment, board chair Vivek Sood said: “I am very pleased to announce Justin’s appointment as permanent CEO. The board is confident that, under his leadership, we will succeed in increasing member engagement,

NACDS Foundation taps Seth Meyers as speaker

ARLINGTON, Va. — “Late Night” host and “Saturday Night Live” alumnus Seth Meyers will headline the National Association of Chain Drug Stores Foundation Dinner on December 1 in New York City. During his 13-year tenure as a Saturday Night Live personality and head writer, Meyers was known for his sharp wit and political commentary. In

Cardinal Health helps independents crack Part D networks

DUBLIN, Ohio — Cardinal Health said it is offering independent pharmacies a pharmacy-centered approach to preferred access to Medicare Part D networks to help them overcome “reimbursement pressures” in 2017. “Cardinal Health balances access and economics with the only advisory panel of pharmacy owners in the industry,” the company said in a statement last month.

Health Mart slates town hall sessions

SAN FRANCISCO — Health Mart recently kicked off its fourth Town Hall CE series with events in Birmingham, Ala., and Oak Park, Ill. The new peer-to-peer series focuses on how independent pharmacies can maintain profitability and advance care in a changing pharmacy world, according to Health Mart, a network with more than 4,700 locally owned

Chain drug retailing loses a pair of icons

Chain drug retailing loses a pair of icons

The ranks of the chain drug industry’s giants continue to shrink — and, typically of a business that continues to grow, prosper and change, the tendency is to forget to remember what these icons ­accomplished. Last month, two executives who were instrumental in building chain drug retailing passed away. They were radically different, yet remarkably

NACDS flourishes with Anderson at the helm

NACDS flourishes with Anderson at the helm

Steve Anderson joined a select group of business leaders last month when he was recognized as trade association CEO of the year. As only the third winner of the honor, part of the Association Leadership Awards sponsored by CEO Update, the National Association of Chain Drug Stores president and chief executive officer earned a distinction