Retail News Breaks Archives

Week of Mon, Aug 3rd, 2009

NACDS: Retail pharmacies win as military cuts Rx costs

The National Association of Chain Drug Stores declared victory for retail pharmacies and military personnel and their families this week when the Department of Defense (DoD) said it will get lower prices for retail prescription drugs under its TRICARE health care plan.

Rite Aid launches online video savings program

Tightening ties between its web site and brick-and-mortar outlets, Rite Aid Corp. is offering customers in-store discounts for watching online videos about select products.

Take Care clinics now offer nebulizer treatments

Take Care Health Sytems, the retail health clinic subsidiary of Walgreen Co., has added nebulizer treatments for patients exhibiting acute respiratory distress.

Wal-Mart veterans Fehlig, Dufour join retail and health care consultancy

Former Wal-Mart Stores Inc. executives Bob Dufour and Chuck Fehlig have joined retail, pharmacy and health care consulting firm Blue Ocean Innovative Solutions Inc.

Walgreens gives more time for Delaware Medicaid Rx

Walgreen Co. has again extended its deadline for filling Medicaid prescriptions in Delaware after announcing it would stop doing so because of proposed cuts in pharmacy reimbursement rates.

Walgreens enters home care joint venture

Walgreen Co. has formed a joint venture with Vanderbuilt Medical Center in Nashville, Tenn., to expand its home care services in the region.

Barrett to become Cardinal Health chairman and CEO

Cardinal Health has named George Barrett as chairman and chief executive officer.

Walgreens' same-store sales rise despite slow front end

Walgreen Co. reported a gain in comparable-store sales for July in spite of a drop in front-end business during the month.

Alliance expands CVS Caremark's health management services

CVS Caremark Corp. has formed an alliance with Inverness Medical Innovations that expands the range of services for chronically ill patients.

Strong 2Q pharmacy business boosts CVS Caremark

Lifted by surging pharmacy revenue, CVS Caremark Corp. saw a jump in sales and profit for the second quarter and raised its earnings projection for fiscal 2009.

NACDS voices concern about personal Rx importation

In letters to Senate leaders, the National Association of Chain Drug Stores this week expressed its opposition to a proposal that would allow the personal importation of prescription drugs.

Rite Aid rolls out online Rx refill, store pickup service

Rite Aid Corp. on Monday unveiled a round-the-clock prescription refill service through its online store that lets patients retrieve their orders at the drug store chain's brick-and-mortar outlets.

CVS launches free gift promotion for loyalty card holders

CVS Caremark Corp. has kicked off its second annual "See What's Free" campaign, in which ExtraCare loyalty card holders can receive a free gift for shopping in CVS/pharmacy stores.