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Retail News Breaks Archives

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Week of Mon, Apr 11th, 2011

NACDS, NCPA speak out on Rx diversion

The National Association of Chain Drug Stores and National Community Pharmacists Association have submitted comments to Congress to spotlight pharmacy's commitment to team with law enforcement agencies and others to help prevent and combat prescription drug diversion and misuse.

CVS Caremark reports low drug trend for PBM clients

At CVS Caremark Corp., the average drug trend for pharmacy benefit management (PBM) clients last year was 2.4%, the lowest in six years, according to company research.

NACDS partners with HHS, CMS on care transition

The National Association of Chain Drug Stores is teaming up with the Department of Health and Human Services (HHS) and Centers for Medicare & Medicaid Services (CMS) to promote the use of community-based care transition programs as a way to improve patient health and cut health care costs.

Duane Reade's Scorpiniti joins Katz as COO

Duane Reade pharmacy chief Frank Scorpiniti has been appointed chief operating officer at Katz Group Canada Ltd., operator of Canada's Rexall drug store chain.

Navarro to launch Hispanic private label

Navarro Discount Pharmacy plans to roll out its own private-label program for Hispanic consumers that features bilingual product packaging.

Safeway names senior VP of pharmacy

Former GlaxoSmithKline (GSK) executive Darren Singer has joined Safeway Inc. as senior vice president of pharmacy, health and wellness.

Walgreens VP sheds light on specialty pharmacy

Dr. David Lorber, vice president of clinical affairs at Walgreen Co., discussed key trends in specialty pharmacy at the Pinsonault Associates Managed Markets Summit in Miami.

CPhA sounds call for Canada to focus on health care

The leaders of the Canadian Pharmacists Association (CPhA), Canadian Medical Association (CMA) and Canadian Nurses Association (CNA) have joined forces to urge party leaders to focus on health care during the upcoming leaders' debates.

Former CVS exec Bodine elected to Nash Finch board

Nash Finch has named onetime CVS Caremark Corp. executive Christopher Bodine to its board of directors.

Pharmacy faces threat of Medicaid cutbacks

With state and federal lawmakers talking about curtailing Medicaid spending as a way to scale back budget deficits, drug chains across the country could face yet another economic challenge, executives and industry advocates say.