ECRM_1170x120_8-1-17

2017

Retailers, suppliers connect at Total Store Expo

Retailers, suppliers connect at Total Store Expo

SAN DIEGO — The 2017 NACDS Total Store Expo brought together thousands of retailers and suppliers to learn about emerging technologies, check out the latest products and discuss current trends in health and wellness, beauty, and ­pharmacy. The National Association of Chain Drug Stores conference offered a cross-industry approach that focused on the entire store.

Walmart, Google teams up on voice-controlled shopping

BENTONVILLE, Ark. — As of this month, Walmart shoppers will have another convenient way to purchase hundreds of thousands of products from the retail giant — via the Google Express e-commerce platform, Google Inc.’s online shopping mall. Both companies announced the partnership last month — a joint venture that could rival Amazon.com Inc.’s position in

Treon tabbed to lead Medicine Shoppe

DUBLIN, Ohio — Todd Treon has been named vice president of Medicine Shoppe International (MSI), a Cardinal Health Inc. company. He succeeds John Fiacco, who will assume the position of vice president of pharmacy transition services at Cardinal Health. Treon has been Cardinal Health’s vice president of products and solutions marketing. In that role he

Rite Aid, WBA move back FTC deadline

NEW YORK — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. are rescheduling the waiting period for a downsized store sale agreement reached upon the termination of their planned merger. According to recent filings with the Securities and Exchange Commission, WBA and Rite Aid agreed to withdraw their initial Hart-Scott-Rodino (HSR) Antitrust Improvements Act

Hurricane Harvey shuts stores

Hurricane Harvey shuts stores

HOUSTON — The number of pharmacies that Hurricane Harvey forced to close — at least temporarily — ran into the hundreds late last month as the mammoth storm pounded southeast Texas. Drug chains, mass merchandisers and supermarketers shuttered stores with prescription counters throughout the region as Harvey battered the area with high winds and rain

Fagen decides to sell its 20 stores to CVS

Fagen decides to sell its 20 stores to CVS

DEMOTTE, Ind. — CVS Health has agreed to purchase 20-store Fagen Pharmacy. Terms were not disclosed. Plans call for eight of the stores to be converted and rebannered to CVS Pharmacy by late September. The other 12 are slated to be closed, with their prescription files transferring to nearby CVS pharmacies. The outlets to be

Rite Aid to make use of RangeMe platform

SAN FRANCISCO — Range­Me, an online platform that streamlines new item discovery between consumer products suppliers and retailers, is teaming up with Rite Aid Corp. in a major initiative to scale product innovation efforts. Rite Aid’s category buying teams will now have the access to efficiently source trending consumer-ready products faster than ever before, “in

Whitman’s contributions recognized by NACDS

SAN DIEGO — At the National Association of Chain Drug Stores Total Store Expo, association president and chief executive Steve Anderson took a few moments in the Business Program to single out the achievements of Jim Whitman, senior vice president of member programs and services, for more than 40 years of service to the ­association.

Product Showcase winners announced

SAN DIEGO — The National Association of Chain Drug Stores announced the winners of its Product Showcase at the 2017 NACDS Total Store Expo here. Products on display ranged from baby care to home health care. Based on evaluations by the retail attendees, the winners of this year’s Total Store Expo Product Showcase were the

Retailers seek insights in changing landscape

Retailers seek insights in changing landscape

The dynamism of the retail industry’s most active, innovative and forward-thinking members is raising the stakes for everyone in the field. Major developments with potentially far-reaching implications for the way consumers shop are occurring at an unprecedented rate. In just the past few weeks, Walmart and Amazon.com Inc. have ratcheted up the pressure on their

Chain drug’s outlook for future remains murky

Chain drug’s outlook for future remains murky

The current year is two-thirds finished, and the good news is most notable by its absence. Sales are soft, earnings elusive. Hot new items are few and far between. Growth is nowhere to be seen. Meaningful executive job shifts have been all but absent. Mergers and acquisitions have failed to materialize — and even those

Post-sale, Rite Aid foresees more productive store base

Post-sale, Rite Aid foresees more productive store base

CAMP HILL, Pa. — Rite Aid Corp. envisions a smaller but better-performing store base following the expected closing of its deal to sell nearly half its stores to Walgreens Boots Alliance Inc. (WBA). In a recent filing with the Securities and Exchange Commission, Rite Aid provided a more detailed picture of its store base after

Affordable Care Act still plagued by uncertainty

Affordable Care Act still plagued by uncertainty

WASHINGTON — The failed effort to overturn the Affordable Care Act has hardly erased doubts about the law’s short- and long-term viability. Already, the Trump administration has suspended contracts with two companies that have helped thousands of people in nearly a score of cities get health insurance under the statute. In ending the $22 million

Newlands Campbell is new Rexall president

Newlands Campbell is new Rexall president

MISSISSAUGA, Ontario — McKesson Canada chief executive officer Domenic Pilla recently announced that Beth Newlands Campbell has been appointed president of the Rexall drug chain. Her vast retail experience includes 27 years with Delhaize America and more recent work with Canadian food retailer Sobeys Inc. “The retail pharmacy industry faces many challenges. Competitive dynamics, regulatory

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