Inside This Issue - News
Walgreen Co. has taken the second and decisive step toward completing its acquisition of Alliance Boots GmbH, exercising its option earlier this month to acquire the remaining shares of the global pharmaceutical wholesaler and retailer.
Initial investor reaction to the specifics of the merger between Walgreen Co. and Alliance Boots GmbH was intense disappointment, as shareholders drove down Walgreens’ stock price by 18% in two days.
Walgreen Co. has made several management changes as the company moves forward with its partnership with Alliance Boots, including appointing Timothy McLevish as chief financial officer and naming Richard Ashworth as president of retail and pharmacy operations.
Negative views of the Affordable Care Act have reached an all-time high, bucking several months of gradual increases in the popularity of the law.
The Canadian Association of Chain Drug Stores (CACDS) is pressing ahead with a five-year plan to represent the business of neighborhood pharmacy, even as its largest member readies to exit the group.
Although overall retail sales flattened out in July, it was a good month for at least two of the nation’s largest drug chains.
Dollar General Corp. has entered the bidding for Family Dollar Stores Inc., making an $8.95 billion offer for the discount store chain that exceeded Dollar Tree Stores Inc.'s $8.5 billion bid.
CVS/pharmacy has expanded its private-label beauty care offerings with the premium Makeup Academy brand.
Fred’s Inc. and Cardinal Health Inc. have concluded a multiyear agreement by which Cardinal will be the primary supplier of branded and generic drugs to all of the discount retailer’s 360-plus in-store pharmacies and EIRIS Health Services.
Methods by which Health Mart is helping support the operations of independent pharmacies were explored last month at McKesson Corp.’s ideaShare 2014.
The industry changes that independent pharmacies must navigate through as a result of health care reform were among targets discussed at ThoughtSpot 2014, AmerisourceBergen Corp. and Good Neighbor Pharmacy’s annual trade show.
CVS/pharmacy has opened its first store in the Pacific Northwest.
Walgreen Co. is expanding its Healthcare Clinic retail locations with entry into the Dallas/Fort Worth market.
Sears Holdings Corp. has appointed former Tesco PLC executive Alasdair James to the new position of president and chief member officer for Kmart.