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Retail News Breaks Archives Walgreen Co. has completed its acquisition of Duane Reade Holdings Inc. and shed some light on its integration of the New York drug store chain. A free online tool kit developed by The Ohio State University College of Pharmacy with funding from the Cardinal Health Foundation aims to help pharmacists work with citizens, local schools and civic organizations to fight prescription medication abuse. Shoppers Drug Mart (SDM) has voiced opposition to the Ontario government's plan to halve its pharmacy reimbursement rate for generic prescription drugs. A consumer group in Florida is offering people wallet cards with information on how to deal with so-called "drug switching" when picking up prescriptions. Research by CVS Caremark Corp. shows that such pharmacy benefit manager tools as automated phone messages, fax alerts to doctors about gaps in care, and strategic co-pay waivers for generic drugs can improve medication adherence and reduce prescription costs. Giant Eagle Inc. has purchased pharmacies and prescription files in acquiring five former Penn Traffic Co. stores in Pennsylvania from Tops Markets. Walgreen Co. turned in another same-store sales gain in March, with business up in both the pharmacy and front end.
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