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Week of Mon, Feb 11th, 2013

Shoppers Drug Mart renews share repurchase plan

Shoppers Drug Mart is initiating a stock buyback program that could see the company repurchasing up to 5% of its outstanding common shares.

Pharmacists' role in flu preparedness highlighted

The National Association of Chain Drug Stores has submitted a statement to the House Energy and Commerce Subcommittee on Oversight and Investigations that spotlights community pharmacy's increased role administering flu vaccinations.

Survey: Consumers see Rx as essential expenditure

Pharmacy is one area where financially challenged shoppers don't plan to skimp on spending, according to the latest Empathica Consumer Insights Panel survey.

MinuteClinic partners with South Carolina health network

MinuteClinic has formed a clinical affiliation with Greenville Hospital System (GHS), South Carolina's largest health system.

Harris Teeter explores possible sale

Harris Teeter Supermarkets Inc. has hired J.P. Morgan Securities to evaluate strategic options, including a possible sale of the food and drug retailer.

Cardinal Health to acquire home medical wholesaler

Cardinal Health Inc. plans to buy direct-to-home medical supplies distributor AssuraMed for $2.07 billion.

Ulta Beauty CEO exits for Michaels

Ulta Beauty president and chief executive officer Chuck Rubin is leaving the company to become CEO of arts and crafts retailer Michaels Stores Inc.

Bartell rolls out PharmaSmart BP kiosks

Bartell Drugs this week deployed PharmaSmart blood pressure testing kiosks at its 58 drug stores in the Puget Sound region.

Walgreens goes overseas for Analyst Day

By geography alone, the location of Walgreen Co.'s annual Analyst Day event signifies the company's historic transformation with the integration of Alliance Boots.

Shoppers Drug Mart, RBC to sell co-branded travel insurance

Extending its menu of co-branded financial services with Royal Bank of Canada, Shoppers Drug Mart Corp. this week plans to begin selling travel insurance through its website.

Bi-Lo expands prescription savings program

Bi-Lo has rolled out a revamped prescription discount program that gives customers more $4 generic drugs and more benefits.

Walgreens hits the road for Way to Well tour

Furthering its mission to promote preventive health care, Walgreen Co. has embarked on its Way to Well Health Tour with AARP for 2013.

NACDS Foundation awards Rx student scholarships

Six pharmacy students have received Pharmacy Student Scholarship Awards, totaling $30,000, from the National Association of Chain Drug Stores Foundation.

Walgreens exec on board of new ACO group

Walgreen Co. executive Jeffrey Kang has been named to the board of directors at the National Association of ACOs (NAACOS), a newly formed group representing over 60 accountable care organizations.

CVS Caremark hires chief digital officer

Staples Inc. executive Brian Tilzer has joined CVS Caremark Corp. as chief digital officer.

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