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Retail News Breaks Archives

Week of   

Week of Mon, Apr 26th, 2010

MinuteClinic teams with hospital system in Phoenix

MinuteClinic has formed a clinical partnership with Catholic Healthcare West, the nation's eighth-largest hospital system, to provide enhanced health care services in the Phoenix metropolitan area.

CVS: Nonadherence a problem among chronic illness patients

Many patients with chronic conditions aren't filling their prescriptions, according to a new study by CVS Caremark Corp. and Horizon Blue Cross Blue Shield of New Jersey.

BioScrip posts 1Q revenue gain, net loss

BioScrip Inc. saw an uptick in revenue for its fiscal 2010 first quarter but recorded a net loss due mainly to costs from its recent acquisition of Critical Homecare Solutions (CHS).

Foulkes moves to PBM role at CVS Caremark

CVS Caremark Corp. marketing executive Helena Foulkes is taking on new leadership role in the company’s pharmacy benefit management business.

Ingles Markets extends Rx system pact with McKesson

Ingles Markets Inc. has extended its contract to use McKesson Corp.'s EnterpriseRx pharmacy management system in its in-store pharmacies.

Shoppers Drug Mart sees 1Q sales, profit rise

Robust pharmacy and front-end business lifted revenue and earnings at Shoppers Drug Mart (SDM) for the fiscal 2010 first quarter.

April sales dip at Rite Aid

Rite Aid Corp. reported a dip in same-store sales for April after seeing improved results in the previous month.

Burnett, Barshay honored at NACDS Annual Meeting

Costco Wholesale Corp. executive Charles Burnett and former Schering-Plough Consumer Health Care chairman Stanley Barshay received the chain drug industry's highest honors last night at the 2010 National Association of Chain Drug Stores Annual Meeting.

Jean Coutu records gains in fourth quarter

The Jean Coutu Group posted increases in sales, earnings and operating results for its fiscal 2010 fourth quarter and full year.

Winn-Dixie launches pharmacy translation service

Winn-Dixie Stores Inc. has introduced WD RxConnect Translate, a language translation service, at select in-store pharmacies across its Southeast market area.

NACDS Foundation elects new board members

The National Association of Chain Drug Stores Foundation has announced seven new members for its board of directors.

Congress urged to extend hike in Medicaid assistance

Pointing to the impact on state budgets, the National Association of Chain Drug Stores has called on members of Congress to continue the increase to the Federal Medical Assistance Percentage (FMAP).

Chain Drug Review: The Top 10 Drug Chains

The biggest retailers got stronger, but all in all the chain drug sector turned in an impressive performance in 2009.

Q&A: Anderson keeps NACDS focused

For the past 12 months the National Association of Chain Drug Stores and its president and chief executive officer, Steve Anderson, have been actively engaged in fighting on the front lines in the battle over health care reform.

Interview: With Merlo, NACDS has sure hand at helm

At a time when the nation’s health care system is embarking on a period of fundamental change, the National Association of Chain Drug Stores is fortunate to have Larry Merlo as its new chairman.

Industry Outlook: Healthy Rx buoys drug chains

Signs are pointing to another up-and-down year for chain drug retailers.

Merlo elected NACDS chairman, Wasson as treasurer

The National Association of Chain Drug Stores elected CVS/pharmacy president Larry Merlo as NACDS chairman and named new officers, a new Executive Committee member and three new board members at the 2010 NACDS Annual Meeting.

Anderson: Industry delivering a health 'renaissance'

Leaders of the National Association of Chain Drug Stores underscored the group's value to members and its ability to influence public policy by communicating pharmacy's and suppliers' work to improve lives and society in remarks at the 2010 NACDS Annual Meeting.