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Inside This Issue - News

Social media: A game-changer for retailers

Is social media the retailing wave of the future, or will it minimize store visits and decrease basket sizes?

NACDS touts pharmacy’s positive effect

With Congress searching for ways to trim federal spending, the National Association of Chain Drug Stores is embarking on an advertising campaign to ensure that new lawmakers are aware of the role that community pharmacy can play in controlling health care costs.

Medicaid drug benefit a battleground

Community pharmacies are the “backbone” of the Medicaid drug benefit, says Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores.

Merlo era begins at CVS Caremark

Larry Merlo has assumed the role of chief executive officer of CVS Caremark Corp.

Walgreens division president Rosenbluth to retire

Hal Rosenbluth has announced his retirement as president of Walgreen Co.’s health and wellness division effective in April, but he plans to continue with the company as a senior consultant for health care services.

Obama shows flexibility on health care reform

In a proposal that could appease some critics of federal health care reform, President Obama says he will support moving up the timetable in which states may opt out of the law.

Top two drug chains push private label

The nation's two largest drug store chains — Walgreen Co. and CVS Caremark Corp. — are ramping up their efforts to drive private label sales.

Drugstore.com sees ample opportunity

Drugstore.com says the proliferation of mobile applications and social media will help its sales climb to at least $750 million by 2013.

FDA is pulling some 500 Rxs off market

The Food and Drug Administration vows to remove about 500 unapproved cold and allergy medications from the market as part of an ongoing crackdown on ineffective prescription drugs.

CVS kicks off To Your Health

To help Americans determine their risk for chronic diseases and get them on a path to better health, CVS/pharmacy has rolled out the 2011 “To Your Health” program, offering free preventive health screenings at more than 800 events nationwide.