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Retail News Breaks Archives CVS Caremark Corp. has unveiled a succession plan for the leadership of its pharmacy benefit management (PBM) business. Take Care Health Systems and Tufts Health Plan have opened a workplace health center that offers preventive care, wellness services, symptom care and laboratory services to the health insurer's employees and contractors. CVS Caremark plans to highlight its senior-focused initiatives at Aging in America, the 2012 Annual Conference of the American Society on Aging, being held this week in Washington, D.C. The National Association of Chain Drug Stores, the National Community Pharmacists Association and nine pharmacy operators have filed a lawsuit against the planned merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc. Rite Aid Corp. has unveiled an official mobile application, which offers customers using smartphones an array of pharmacy and shopper tools. Obama administration budget proposals would hike out-of-pocket costs and implement other policies for beneficiaries of TRICARE, the U.S. military's health and prescription benefits plan, that would force patients away from community pharmacies and into mail-order drug programs, according to the National Association of Chain Drug Stores. Walgreen Co. plans a fundraising challenge between its Walgreens and Duane Reade stores in metropolitan New York to support the activities of the American Diabetes Association Greater New York City area. Rite Aid Corp. has announced the two winners of its 2011 Favorite Pharmacist contest, including a pharmacist and a long-time customer. CVS Caremark Corp. has issued two new reports highlighting the company's research on medication adherence, including one study that reviews and compares state-by-state adherence rates for patients managing four chronic diseases. Walgreen Co. cited a weak cold and flu season and its impasse with pharmacy benefit manager Express Scripts Inc. in reporting declined earnings and prescription sales for its fiscal 2012 second quarter. McKesson Corp. has closed its acquisition of the independent banner and franchise pharmacy businesses of Katz Group Canada Inc. The National Association of Chain Drug Stores applauded a federal court ruling that upheld an injunction blocking the implementation of cuts to Medi-Cal, California's Medicaid program. Loblaw Cos. has purchased prescription files from 95 pharmacies operated by Canadian mass merchandise chain Zellers Inc.
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