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Retail News Breaks Archives BioScrip Inc. saw overall revenue and pharmacy services sales rise for its fiscal 2010 fourth quarter and full year but posted a net loss in both periods. In tandem with its RxImpact Day lobbying drive on Capitol Hill, the National Association of Chain Drug Stores has relaunched its paid advertising campaign to communicate the integral role pharmacy plays in the health care delivery system. Joe Magnacca, the executive who played a central role in the rejuvenation of Duane Reade and, following its sale to Walgreen Co. in 2010, headed the New York City drug store chain, has taken on a new assignment at the parent company. In a victory for brick-and-mortar retailers, Walgreen Co. has applauded Illinois Gov. Pat Quinn for signing into law a bill that expands application of the state's sales tax. Continuing to enhance its pharmacy services, Sam's Club this weekend plans to offer free allergy health screenings in select locations nationwide. The National Association of Chain Drug Stores and National Community Pharmacists Association are urging Congress to speed up implementation of limits on debit card interchange fees charged to retailers, including pharmacies. For Patient Safety Awareness Week, the National Community Pharmacists Association is encouraging patients to properly dispose of expired or unwanted medications at a community pharmacy as part of its Dispose My Meds program. The National Association of Chain Drug Stores has mobilized more than 350 pharmacy industry representatives from about 40 states for the third annual NACDS RxImpact Day on Capitol Hill. Counties across the country saved more than $107 million on their prescription medications last year through the National Association of Counties Prescription Discount Card Program, administered by CVS Caremark Corp. Target Corp. is set to open seven new Target Clinic locations this summer in Minnesota, Illinois and Florida. Walgreen Co. plans to sell its pharmacy benefit management business to Catalyst Health Solutions Inc. for $525 million. The Supreme Court has denied a request by pharmacy plaintiffs to review an appeals court ruling on a "pay for delay" settlement involving the antibiotic drug Cipro. Cheryl Pegus, chief medical officer of Walgreen Co. is slated to present next week at the 11th annual Population Health and Care Coordination Colloquium in Philadelphia. The popularity of programs like Medicare and Medicaid reflect the political minefield that budget-crunched public officials face when mulling cuts to government services, a new Harris Interactive poll finds.
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