Inside This Issue - News
Little has changed in the makeup of the top pharmacy retailers over the past year, but competition is sure to keep intensifying amid the changes being brought by health care reform.
The market reacted enthusiastically to last month’s joint announcement that Loblaw Cos. would acquire Shoppers Drug Mart for $12.4 billion (Canadian).
Executives at Loblaws and Shoppers Drug Mart see the union of their companies as enhancing their efficiency and their appeal to the consumer.
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
The Jean Coutu Group’s decision last month to sell its remaining Rite Aid Corp. stock has led some industry watchers to speculate that the company may be either looking to acquire another Canadian retailer or put itself on the block.
The proportion of pharmacy customers who say they have a loyalty card or discount card or have been offered one was up significantly in the 2013 edition of the Pharmacy Satisfaction Pulse survey, conducted for Boehringer Ingelheim Pharmaceuticals Inc.
The Obama administration’s decision to delay an Affordable Care Act (ACA) mandate that large employers provide coverage for workers is a “wise move,” said a top official with the National Retail Federation (NRF).
The moment has arrived: Twenty-seven months after the National Association of Chain Drug Stores announced the creation of the Total Store Expo, the event is here.
The three major drug chains have banned sales of the August issue of Rolling Stone magazine, which pictures accused Boston Marathon bomber Dzhokhar Tsarnaev on its cover.
Walgreen Co. has named Mark Lelinski corporate vice president of market access.