Alex Gourlay

2017 Retail Forecast: Times Are A Changin’

2017 Retail Forecast: Times Are A Changin’

“The times they are a changin’,” Nobel laureate Bob Dylan sang in 1964. It’s as true now as it was 53 years ago, especially for the chain drug industry. With the incoming administration of Donald Trump, all bets are off with health care. The Affordable Care Act appears set for demise, but no one in

Fred’s agrees to acquire 865 Rite Aid stores

Fred’s agrees to acquire 865 Rite Aid stores

NEW YORK — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have agreed to sell 865 Rite Aid stores and related assets to Fred’s Inc. for $950 million in cash. The deal is subject to approval by the Federal Trade Commission as well as approval and completion of the pending WBA acquisition of Rite

Walgreens eyes more efficient health care

Walgreens eyes more efficient health care

DEERFIELD, Ill. — In a country where health care is rife with wasted time and money, Walgreens is committed to making pharmacy more efficient. One measure of the practice’s current inefficiency, says Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance Inc., is the large number of prescriptions that need additional authorization on the way

Chain drug legend Cork Walgreen dies

Chain drug legend Cork Walgreen dies

DEERFIELD, Ill. — Charles (Cork) Walgreen III, who led Walgreen Co. for nearly three decades, died last month at age 80. Walgreen, whose grandfather, Charles Walgreen Sr., opened the first Walgreens drug store in Chicago in 1901, was born in 1935 to Mary Ann Leslie and Charles Walgreen Jr. He would go on to become

Walgreens, UN Foundation launch vaccine campaign

Walgreens, UN Foundation launch vaccine campaign

DEERFIELD, Ill. — Walgreens and the United Nations Foundation have kicked off the 2016 “Get a Shot. Give a Shot” campaign. The collaboration, now in its fourth year, helps provide life-saving vaccines to children in developing countries. Through Aug. 31, 2017, for every flu shot or other immunization administered at Walgreens pharmacies, Healthcare Clinics or

Industry mourns passing of Charles ‘Cork’ Walgreen

Industry mourns passing of Charles ‘Cork’ Walgreen

DEERFIELD, Ill. —  Charles R. (Cork) Walgreen III, former chairman, president and CEO of Walgreen Co., died today at his home in Lake Forest, Ill. He was 80. Walgreen was the grandson of company founder Charles R. Walgreen Sr. Born in Chicago on Nov. 11, 1935, to Mary Ann Leslie and Charles R. Walgreen Jr.,

NACDS News In Photos: Anderson CEO award & more

NACDS News In Photos: Anderson CEO award & more

Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, was presented CEO Update magazine’s 2016 Trade Association CEO of the Year award. Anderson — just the third CEO to receive the honor — received the award Thursday at CEO Update’s 2016 Association Leadership Awards luncheon, held at the new Trump

EnvisionRx, Walgreens team up on 90-day scripts

DEERFIELD, Ill. — Walgreens and EnvisionRx are launching a prescription drug program that is designed to give patients with chronic conditions more flexibility in getting their maintenance medications. Called Rx90, the program allows patients to fill 90-day prescriptions at any of the nearly 8,200 Walgreens pharmacies nationwide for the same price they would pay for

Prime Therapeutics teams up with WBA

Prime Therapeutics teams up with WBA

DEERFIELD, Ill. — The partnership of Walgreens Boots Alliance Inc. (WBA) and pharmacy benefit manager Prime Therapeutics positions the companies to capture a larger share of the prescription drug market and better compete with such players as CVS Health. St. Paul, Minn.-based Prime, the nation’s fourth-largest PBM with 22 million members, is owned by 14

Walgreens, Prime Therapeutics form alliance

Walgreens, Prime Therapeutics form alliance

DEERFIELD, Ill., and ST. PAUL, Minn. — Walgreens has entered into a long-term alliance with Prime Therapeutics, the nation’s fourth-largest pharmacy benefit manager, that will include the creation of a joint pharmacy services company. Under the partnership, Walgreens and Prime will combine their central specialty pharmacy and mail service businesses, the companies said Monday. The

Durbin helps Walgreens launch drug take-back program

Durbin helps Walgreens launch drug take-back program

DEERFIELD, Ill. — Sen. Dick Durbin (D., Ill.), assistant minority leader in the U.S. Senate, visited a Walgreens store in Chicago as the drug chain continued its nationwide rollout of medication disposal kiosks to help fight drug abuse and misuse. Walgreens said Durbin’s visit Monday to its 111 S. Halsted St. store marked the launch

Walgreens, Unilever partner on in-store donation program

Walgreens, Unilever partner on in-store donation program

DEERFIELD, Ill. — Walgreens and Unilever have again teamed up for an in-store program that enables consumers to help developing communities in Africa get access to clean water. Walgreens said Wednesday that through Aug. 27, a donation will be made for customers buying select Unilever TRESemmé, Suave, Caress or AXE products at participating stores. The

WBA joins USA Precision Medicine Initiative

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is participating in the USA Precision Medicine Initiative (PMI) Cohort Program. WBA said its participation is the result of a $20 million grant awarded to The Scripps Research Institute by the National Institutes of Health (NIH). Walgreens will help support patient enrollment and participation in the cohort

Walgreens to partake in Precision Medicine program

Walgreens to partake in Precision Medicine program

DEERFIELD, Ill. — Walgreens plans to participate in the U.S. Precision Medicine Initiative Cohort Program, part of a sweeping federal medical research initiative to help develop individualized care based on a person’s genomic makeup. Walgreens said it’s taking part in the PMI Cohort Program via an initial $20 million grant awarded to The Scripps Research

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