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Inside This Issue - News

Magnacca moves up at Duane Reade

Duane Reade has promoted Joe Magnacca, formerly executive vice president and chief merchandising officer, to president.

Aetna signs long-term PBM deal with CVS Caremark

Aetna Inc. has agreed to use CVS Caremark Corp. to provide pharmacy benefit management services to its 9.7 million members for the next 12 years.

CVS rolling out urban store format

CVS Caremark Corp. is converting a growing number of outlets to its urban store concept.

New realities spur Shoppers Drug Mart to adapt

Executives at Shoppers Drug Mart (SDM) say that the recent rollback in pharmacy reimbursement rates across Canada is likely to slow the retailer’s growth in the coming years.

HHS: Insurers must offer free preventive health services

The Obama administration has issued new rules that require health insurers to provide free coverage of a wide range of preventive health services. The rules are intended to improve access to and use of these services, which currently are often subject to deductibles, coinsurance or copayments.

Drug chains, suppliers gear up for flu season

Chain drug retailers are readying now to deliver millions of flu shots starting as early as next month.

Navarro kicks off renovation program with flagship store

Navarro Discount Pharmacies has upgraded and reopened its flagship store in Miami and plans similar upgrades for other drug store locations.

Kerr appoints Domann as VP

Former pharmaceutical company executive Richard Domann has joined Kerr Drug’s Kerr Health subsidiary.

Back-to-school shopper needs targeted

Expectations for back-to-school spending may be up or down this year, depending on which consumer survey is consulted.

Castellani set to take the helm at PhRMA

John Castellani has been named president and chief executive officer of the Pharmaceutical Research and Manufacturers of America.