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
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
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
WOONSOCKET, R.I. — CVS Health plans to extend its Transform Diabetes Care initiative to four more disease states over the next two years. The program is expected to also cover asthma, hypertension, hypercholesterolemia and depression by midsummer 2019. Launched late last year, Transform Diabetes Care is designed to lower pharmacy costs through aggressive trend management
ARLINGTON, Va. — The National Association of Chain Drug Stores is running newspaper advertisements in selected congressional districts this month. The ads thanks members of Congress for sponsoring a bill that would let pharmacists provide basic health care services to Medicare patients in underserved areas, and urging passage and enactment of the legislation. The Pharmacy
FLINT, Mich. — Diplomat Pharmacy recently announced the appointment of Joel Saban as the new company president. Paul Urick has decided to pursue other interests and will serve as president emeritus during a planned 90-day transition period. “During his tenure, Paul has served us in multiple leadership roles since he joined Diplomat with the acquisition
BOISE, Idaho — Albertsons Cos. has appointed former Sam’s Club chief executive 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 retail and technology
CAMP HILL, Pa. — Everyone older than six months should get a flu shot by the end of October, according to the Centers for Disease Control and Prevention (CDC). To make doing so easier, Ride Aid Corp. is providing seasonal flu shots at its stores across the country. Certified immunizing Rite Aid pharmacists are administering
TORONTO — The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has named Jeff Leger, executive vice president of pharmacy and health care at Loblaw Cos. and Shoppers Drug Mart, as the new chair of the association. “I am very pleased to take on this leadership role and to work with the staff and members of
MORRISTOWN, N.J.— “Retail clinics have become mainstream and are helping expand access to high-quality and affordable care,” according to Tine Hansen-Turton, executive director of the Convenient Care Association. Hansen-Turton delivered her remarks in a presentation titled “The Value Proposition of Convenient Care and How Retail-based Healthcare Clinics Can Build a Culture of Consumer-Driven Healthcare” at
In the aftermath of the failed Walgreens Boots Alliance Inc. (WBA) acquisition of Rite Aid Corp., very little has happened. Rather, it’s like the event itself, or the nonevent, was an ending, a development so sudden and final that nothing else could happen. WBA continues to gather momentum, adding sales and stores in the U.S.
Daymond John is the quintessential entrepreneur. Most widely known for his role on ABC TV’s “Shark Tank,” he put himself on the map in the business world with the creation of FUBU, the Hip Hop-inspired fashion brand that he started with a $40 investment and is now a $6 billion enterprise. John’s record of accomplishment
The pharmacy that’s first to offer a seamlessly functioning, personalized voice recognition service will have a huge advantage over its competitors. More so than with other voice-activated retail applications, the applications of voice in retail pharmacy can be endless. The good news is that all the elements to put together a great offering already exist.