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Retail News Breaks Archives CVS Caremark Corp. projects that the number of low-income subsidy members enrolled in its Silverscript and Accendo Medicare Part D plans will fall by 30% to 35% next year. Jim Donald, a former chief executive officer at Starbucks Inc. and Pathmark Stores Inc., this week was named president CEO of regional food and drug chain Haggen Inc. George Riedl, senior vice president of pharmacy innovation and purchasing at Walgreen Co., plans to leave the company at the end of the year. Pharmacy groups this week expanded their legal action over Medicaid cutbacks to a fourth state, Minnesota. A rebound in front-end business and strong pharmacy sales fueled a solid same-store sales gain at Walgreen Co. in September. Walgreen Co. on Thursday celebrated hitting the 7,000-store mark nationwide with the grand opening of a new location in Brooklyn, New York. Drugstore.com this week launched SexualWellBeing.com, an online store offering sexual health products. CVS Caremark Corp. on Thursday started distributing vouchers for free seasonal flu shots to the unemployed, kicking off the effort in Boston. Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month's results. Pharmacy industry groups are suing the states of California, New York and Washington, claiming they have made unlawful cuts in Medicaid and have failed to ensure patient access to care and the quality of care. Rite Aid Corp. this week began its annual campaign to help diabetes patients better manage the disease. Walgreen Co. has been taking a more measured approach as it extends the reach of its store network, focusing mainly on organic growth, improved efficiency and greater customer appeal. Rite Aid Corp. plans to open several in-store health clinics in Maryland and Delaware through a partnership with a local hospital. Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned. CVS Caremark Corp. has expanded its partnership with Microsoft HealthVault to allow retail pharmacy customers to download prescription histories. Walgreen Co. has kicked off a program to deliver 90-day prescriptions for maintenance and chronic care medications through its retail pharmacies and worksite centers. Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts' profit projections for its fiscal fourth quarter but saw earnings slip year over year. Duncan Mac Naughton has resigned as executive vice president of merchandising and marketing at Supervalu Inc. These days, everywhere community pharmacy operators turn there seems to be a new challenge.
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