October 10, 2016 by Geoff Walden and Chain Drug Review
CVS, Federal Trade Commission, FTC, Kroger, Rite Aid, Stefano Pessina, Walgreens, Walgreens Boots Alliance, WBA, WBA-Rite Aid
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by Chain Drug Review
1DocWay, behavioral health pharmacy, Genoa, John Figueroa, Mark Peterson, telepsychiatry
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by Scot Meyer and Chain Drug Review
Alex Gourlay, Charles (Cork) Walgreen III, Charles Walgreen Sr., Cork Walgreen, Walgreens
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by Geoff Walden and Chain Drug Review
David Bloom, Shoppers Drug Mart
2016, Issue 10-10-2016, Issues, News
TORONTO — Former Shoppers Drug Mart (SDM) chairman, president and chief executive officer David Bloom died last month at age 73. Bloom, who started with the chain as a pharmacist in 1967, took the reins as president and CEO in 1983. He added the chairman’s title in 1986 upon the retirement of SDM founder Murray
October 10, 2016 by Geoff Walden and Chain Drug Review
ACA, Affordable Care Act, Denis McDonough, health insurance, White House Healthy Campus Challenge
2016, Issue 10-10-2016, Issues, Leading Headlines, News
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
October 10, 2016 by Scot Meyer and Chain Drug Review
FMI, FMI Connect, Food Marketing Institute, Leslie Sarasin
2016, Issue 10-10-2016, Issues, News
ARLINGTON, Va. — Citing the changing needs of its members, the Food Marketing Institute is cancelling its annual FMI Connect trade show. “FMI aims at all times to be as agile and as bold as required to serve the needs of our members as well as the broader food industry,” said organization president and chief
October 10, 2016 by Brian Bossetta
DermatologistOnCall, Greg Orr, Harry Leider, skin care, teledermatology, Walgreens
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by Brian Bossetta
Justin Bates, Neighbourhood Pharmacies, Neighbourhood Pharmacy Association of Canada, Vivek Sood
2016, Issue 10-10-2016, Issues, News
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,
October 10, 2016 by Chain Drug Review
NACDS Foundation, NACDS Foundation Dinner, National Association of Chain Drug Stores, Seth Meyers
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by Mark Baumgartner and Chain Drug Review
Cardinal Health, Elie Bahou, Jason Kizer, Kizer Pharmacy, Medicare Part D
2016, Issue 10-10-2016, Issues, News
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.
October 10, 2016 by Mark Baumgartner and Chain Drug Review
Crystal Lennartz, Health Mart, Steve Courtman, Town Hall CE series
2016, Issue 10-10-2016, Issues, News
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
October 10, 2016 by David Pinto and Chain Drug Review
chain drug industry, chain drug retailing, Cork Walgreen, David Bloom, David Pinto, Shoppers Drug Mart, Walgreens
2016, Issue 10-10-2016, Issues, Opinion
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
October 10, 2016 by Jeffrey Woldt and Chain Drug Review
Association Leadership Awards, community pharmacy, Jeffrey Woldt, NACDS, National Association of Chain Drug Stores, retail pharmacy industry, Steve Anderson
2016, Issue 10-10-2016, Issues, Opinion
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