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Alex Gourlay

2018 Retail Forecast: Learning to Adapt

2018 Retail Forecast: Learning to Adapt

What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018. With spiraling health care costs and

Alex Gourlay named Retailer of the Year

Alex Gourlay named Retailer of the Year

DEERFIELD, Ill. — To the casual observer, the dominant story line at Walgreens might appear to be the phased acquisition of 1,932 drug stores and related assets from Rite Aid Corp., and plans for their subsequent assimilation. But, important as the deal is, it shouldn’t be allowed to obscure other compelling developments at Walgreens Boots

WBA becomes stakeholder in PharMerica

WBA becomes stakeholder in PharMerica

LOUISVILLE, Ky. — Walgreens Boots Alliance (WBA) is now a stakeholder in national specialty pharmacy operator PharMerica Corp. PharMerica on Wednesday announced the close of its acquisition by global investment firm Kohlberg Kravis Roberts (KKR). Under the $1.4 billion deal, unveiled in early August, WBA holds a minority share in PharMerica. Louisville, Ky.-based PharMerica serves

Public health in focus at NACDS Foundation Dinner

Public health in focus at NACDS Foundation Dinner

At its 19th Annual Foundation Dinner in Manhattan, the NACDS Foundation raised $1.8 million to support evidence-based research, pharmacy education and philanthropic efforts aimed at improving patient health outcomes and advancing population health. More than 100 companies and people sponsored the 2017 NACDS Foundation Dinner. Attendees included executives from national and regional drug chains, consumer

Walgreens redefines its brand identity

Walgreens redefines its brand identity

DEERFIELD, Ill. — As part of a brand repositioning, Walgreens is changing its tagline to “Trusted Since 1901” to emphasize its long heritage of serving customers. Walgreens said Friday that the new slogan, which will replace “At the Corner of Happy and Healthy,” will make its debut in a 30-second television commercial that will air

Ashworth promoted by WBA

Ashworth promoted by WBA

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created ­position. With the move, Ashworth adds responsibilities in the health care commercial, IT and supply chain areas at Walgreens in addition to the duties in his previous position as president of pharmacy and retail

CVS makes moves to strengthen PBM business

CVS makes moves to strengthen PBM business

WOONSOCKET, R.I. — CVS Health has announced two major agreements to boost pharmacy benefit management ­services. The company late last month introduced a 30,000-store performance-based pharmacy network anchored by CVS Pharmacy and Walgreens designed to deliver savings and improved clinical outcomes for CVS Caremark PBM members. That followed the company’s announcement of a five-year deal

Ashworth named Walgreens operations president

Ashworth named Walgreens operations president

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position. WBA said Wednesday that Ashworth assumes the new role effective immediately. With the move, he adds responsibilities in  the health care commercial, IT and supply chain areas at Walgreens in addition to the duties

CVS Caremark unveils performance-based Rx network

CVS Caremark unveils performance-based Rx network

WOONSOCKET, R.I. — For its CVS Caremark pharmacy benefit manager, CVS Health next year plans to roll out a new 30,000-store pharmacy network anchored by CVS Pharmacy and Walgreens. CVS said late Tuesday that the performance-based network also will include up to 10,000 independent community pharmacies nationwide. Besides yielding unit cost savings, the CVS Caremark

Walgreens gets help with Rx disposal effort

DEERFIELD, Ill. — Four prominent players in the health care sector are coming together to help combat opioid abuse by increasing the availability of Walgreens medication disposal kiosks. The goal is to collect 300 tons of unwanted medications over the next two years through kiosks at about 1,500 Walgreens stores nationwide. Walgreens now has about

Walgreens plans new tech center in Chicago

Walgreens plans new tech center in Chicago

DEERFIELD, Ill. —Walgreens is constructing a new technology center of excellence at its downtown Chicago office in the Sullivan Center. Announcing the project with Chicago Mayor Rahm Emanuel, Walgreens said it will bring about 300 technology jobs to the new facility. That addition, plus new hires and relocations from its Deerfield, Ill., support office, will

Walgreens Rx disposal kiosk program adds partners

Walgreens Rx disposal kiosk program adds partners

DEERFIELD, Ill. — AmerisourceBergen, the Blue Cross Blue Shield Association, Pfizer and Prime Therapeutics are helping Walgreens fight the national opioid epidemic by expanding the availability of safe medication disposal kiosks. The drug chain said Wednesday that the effort will bring the medication disposal units to an additional 900 Walgreens stores near military bases and

Retailers, suppliers connect at Total Store Expo

Retailers, suppliers connect at Total Store Expo

SAN DIEGO — The 2017 NACDS Total Store Expo brought together thousands of retailers and suppliers to learn about emerging technologies, check out the latest products and discuss current trends in health and wellness, beauty, and ­pharmacy. The National Association of Chain Drug Stores conference offered a cross-industry approach that focused on the entire store.

Retailers seek insights in changing landscape

Retailers seek insights in changing landscape

The dynamism of the retail industry’s most active, innovative and forward-thinking members is raising the stakes for everyone in the field. Major developments with potentially far-reaching implications for the way consumers shop are occurring at an unprecedented rate. In just the past few weeks, Walmart and Amazon.com Inc. have ratcheted up the pressure on their

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