January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
NEW YORK — The initial flow of health insurance claims under the Affordable Care Act was underwhelming. While more than 2 million people had signed up for coverage under the ACA, demand for care from the newly insured early last month was modest, providers said. But fears that ACA enrollees would be sickly, with major
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
WOONSOCKET, R.I. — CVS/pharmacy has launched an online health hub called Family Vitamin Center. The new resource is intended to help customers learn more about vitamins and supplements, and to eliminate the confusion that many consumers experience when shopping the category. The center features an interactive questionnaire and guidance tools that provide personalized supplement recommendations
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
STELLARTON, Nova Scotia — Lawtons Drugs president and chief executive officer Rob Sobey is retiring. Parent company Sobeys Inc. announced that Sobey, who has served as president and CEO of the Atlantic Canada drug chain for the past eight years, is slated to retire effective January 1. He will continue to serve on the board
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
The time period from 2004 to 2006 was not that long ago. It will be remembered in future years as the beginning of something that changed the game for how health care is practiced in the United States. Dr. Mark McClellan was then administrator of the Centers for Medicare and Medicaid Services (CMS). He had
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
NEW YORK — Diabetes continues to be a huge health care problem for the United States, and pharmacists have been on the front line in the effort to reduce its scale. Still, there’s more opportunity for drug chains to provide more diabetes care, according to data from Boehringer Ingelheim Pharmaceuticals’ Pharmacy Satisfaction Pulse Survey. The
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
MIAMI — Navarro Discount Pharmacy was named a winner of the 2013 UnitedHealthcare Medication Adherence Targeted Intervention Program Challenge benefiting the National Association of Chain Drug Stores Foundation. Navarro was recognized in the small retail pharmacy chain and independent community pharmacy category for its ability to address gaps in medication adherence among a group of
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
GOUVERNEUR, N.Y. — Kinney Drugs has named Tracey Rossi as the chain’s Favorite Pharmacist of the Year for 2013. Rossi was selected based on customer votes at all Kinney pharmacies in Vermont and central and northern New York. “Tracey is a kind, caring, compassionate individual,” says Jim Spencer, president of Kinney. “The relationship she has
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
MATTHEWS, N.C. — Former chain drug executive Mike Bloom has stepped down from his most recent post as president and chief operating officer of Family Dollar Stores Inc. The announcement of his departure came as Family Dollar reported its fiscal 2014 first quarter results. The company said a search will be conducted for his replacement.
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
MINNEAPOLIS — The theft of credit card and other data from Target Corp. shoppers during the holiday season was more far reaching than previously believed, affecting up to 70 million additional consumers. “I know that it is frustrating for our guests to learn that this information was taken and we are truly sorry they are
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, News
MEMPHIS, Tenn. — Fred’s Inc. has named chief financial officer Jerry Shore to the additional position of chief operating officer and is recasting its merchandising and marketing strategy and team under the leadership of chief executive officer Bruce Efird. The moves came after the company reported sales for the five-week fiscal month of December, which
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, Opinion
Among the more challenging jobs in retail these days is CVS Caremark’s ongoing efforts to convince its various constituencies that the corporation, rather than its two individual components, is the entity of record — and the entity that must be evaluated. The most recent example in this ongoing campaign was on display at an Analyst
January 21, 2014 by Chain Drug Review
Issue 01-20-2014, Opinion
The turnaround at Rite Aid has received a lot of attention of late, and rightfully so. The drug chain’s talented, deep and close-knit management team has crafted a strategy centered on health and wellness that resonates with consumers and fosters continuous improvement in all aspects of the business — everything from store design and merchandising
January 14, 2014 by Chain Drug Review
Issue 01-06-2014, News
Chain drug executives in the United States and Canada expect 2014 to be a pivotal year for the industry as the changing face of health care is impacting community pharmacies on both sides of the border. Executives said issues over pharmacy reimbursement, changes in the drugs that patients take and the potential for a flood
January 7, 2014 by Chain Drug Review
Issue 01-06-2014, News
CAMP HILL, Pa. — The editors of Chain Drug Review have chosen John Standley, Ken Martindale and Frank Vitrano, Rite Aid Corp.’s senior management triumvirate, as the publication’s Chain Drug Retailers of the Year for 2013. From the left: Rite Aid president and COO Ken Martindale; chairman and CEO John Standley; senior executive VP, CFO