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Retail News Breaks Archives

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Week of Mon, Jul 20th, 2009

Health Mart names Wilson VP of Rx operations

McKesson Corp.’s Health Mart chain of franchised stores continues to strengthen its leadership team, appointing Chuck Wilson as vice president of pharmacy operations.

Rite Aid secures $290 million in financing from GE Capital

Rite Aid Corp. has obtained a commitment from GE Capital for $290 million of new money for a $1 billion asset-based revolving line of credit.

NACDS speaks up on Rx reimbursement in health reform

In a letter to key congressional committee chairmen, the National Association of Chain Drug Stores has voiced concern with pharmacy reimbursement provisions in House health care reform legislation.

Study: Patients see value in pharmacist-led MTM services

Patients are largely unfamiliar with medication therapy management (MTM) but believe such a pharmacist-provided service would be valuable, according to recently released findings of a study led by the University of Maryland's School of Pharmacy.