September 9, 2020 by Brian Bossetta
CARES Act, FSAs, HSAs, O-T-Cs
News, September 9, 2020
NEW YORK — A provision in the Coronavirus Aid, Relief and Economic Security (CARES) Act, which Congress passed and President Trump signed into law in March, offers a potential boon to consumers and retailers, according to GlaxoSmithKline (GSK), which is one of the largest providers of over-the-counter medications in the world. The provision in the
January 10, 2020 by Brian Bossetta
Lewis Drug, Mark Griffin
Featured Articles, January 6, 2020, Leading Headlines, News
SIOUX FALLS, S.D. — Since 1942, family-owned Lewis Drug has been providing shoppers in South Dakota, Iowa and Minnesota with quality prescription and over-the-counter drugs complemented by sophisticated and comprehensive front-end offerings. Through the years, despite challenges from big-box chains that have staked claims in Lewis territory — as well as the adversity the company
March 19, 2018 by Brian Bossetta and Chain Drug Review
George Fairweather, James Kehoe, Jim Skinner, Takeda Pharmaceutical, Walgreens Boots Alliance
2018, Issue 03-19-2018, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) recently announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective June 1. Kehoe will succeed George Fairweather, who has served as WBA’s global CFO since February 2015. Fairweather has been instrumental in the formation of WBA, the subsequent integration
March 19, 2018 by Brian Bossetta and Chain Drug Review
Sam's Club, Total System Services, Trey Jinks, TSYS, TSYS Advanced AuthControl, Walmart
2018, Issue 03-19-2018, Issues, News, Pharmacy, Retail News, Technology
BENTONVILLE, Ark. — Total health care spending in the U.S. climbed to $3.4 trillion in 2016 and is expected to reach $5.5 trillion by 2020, according to the Centers for Medicare and Medicaid Services. With these costs on the rise, the adoption of wellness incentive programs by health care plans is becoming very popular. Earlier
March 19, 2018 by Brian Bossetta and Chain Drug Review
CVS Health, drug cost transparency, high cost of prescription drugs, Tom Moriarty
2018, Issue 03-19-2018, Issues, News
WOONSOCKET, R.I. — CVS Health chief policy and external affairs officer Tom Moriarty spoke to attendees at the AHIP (America’s Health Insurance Plans) National Policy Conference in Washington, D.C., earlier this month about ways the company is addressing the high cost of prescription drugs for payers and consumers. Moriarty highlighted a variety of approaches, including
February 26, 2018 by Brian Bossetta and Chain Drug Review
2018 NACDS Regional Chain Conference, Alex Gourlay, NACDS Retail Advisory Board, National Association of Chain Drug Stores, Steve Anderson
2018, Issue 02-26-2018, Issues, News
FORT LAUDERDALE, Fla. — As it marks 85 years of representing traditional drug stores, supermarkets and mass merchants with pharmacies and supplier partners, the National Association of Chain Drug Stores is looking forward — as it demonstrated during its 2018 NACDS Regional Chain Conference here earlier this month. One of the keynote speakers during the
February 26, 2018 by Brian Bossetta and Chain Drug Review
Scott Wilks, Shoppers Drug Mart, Shoppers Home Health Care, Theresa Firestone, Wellwise, Wellwise by Shoppers Drug Mart, Wellwise.ca
2018, Issue 02-26-2018, Issues, News
TORONTO — Canada today is populated by more citizens over the age of 65 than under the age of 15, according to Statistics Canada. This seismic shift in the country’s demographics corresponds to a cultural shift, as Canadians are no longer content to let age dictate what they can and cannot do. Senior Canadians want
February 26, 2018 by Brian Bossetta and Chain Drug Review
Kartik Subramanian, Walgreens mobile app
2018, Issue 02-26-2018, Issues, News, Technology
DEERFIELD, Ill. — The Walgreens mobile app is making shopping more convenient for the drug chain’s customers, and it’s also showing that the technology is not just popular with Millennials but with older Americans as well. More than 20% of the app users, according to Walgreens data, are 55 and older, which is more than
February 12, 2018 by Brian Bossetta and Chain Drug Review
Adam Wampler, Bartell Drugs, George Bartell, Kathi Lentzsch
2018, Issue 02-12-2018, Issues, News
SEATTLE — Bartell Drugs, the country’s largest and oldest family-owned pharmacy, announced two significant hires to its executive ranks last month, including Kathi Lentzsch as the company’s chief executive officer, who becomes only the fifth CEO in the company’s 128-year history. Lentzsch comes to the company with more than three decades of retail experience with
January 1, 2018 by Brian Bossetta and Chain Drug Review
Aphria, Galen Weston, Loblaw, medical cannabis, medical marijuana, medical-grade cannabis, MedReleaf, Shoppers Drug Mart, Vic Neufeld
2018, Issue 01-01-2018, Issues, News
TORONTO — Canada’s largest retail pharmacy, Shoppers Drug Mart (SDM), is set to become a licensed dispenser of medical marijuana, pending approval from Health Canada, the Canadian government’s department of public health. In anticipation of that approval, medical marijuana producer MedReleaf recently said it has signed an agreement with SDM to become a medical cannabis
December 29, 2017 by Brian Bossetta and Chain Drug Review
Lewis Drug, Mark Griffin, slideshow
Leading Headlines, Retail News, Slideshows
SIOUX FALLS, S.D. — Lewis Drug has opened a “next generation” store here designed to offer consumers the “highest level of convenience.” The 25,000-square-foot store, opened last month, is located at Minnesota Avenue and 37th Street and replaces the 27-year-old Southgate store just a few blocks away. “Our pledge is to provide our guests with
October 23, 2017 by Brian Bossetta and Chain Drug Review
Greg Shepherd, Pharmasave, Pharmasave Pacific, Pharmasave pharmacists, University of British Columbia Okanagan
2017, Issue 10-23-2017, Issues, News
VANCOUVER, British Columbia — Thirteen Pharmasave Pacific Ltd. stores in British Columbia are piloting a clinical program to help diabetes patients better manage their condition. The Canadian pharmacy cooperative recently announced that the locations in the province are participating in a pharmacist-led clinical trial in which type 2 diabetes patients use a therapeutic nutrition program
October 23, 2017 by Brian Bossetta and Chain Drug Review
8th Day Software, Dave Loschinskey, Diplomat Pharmacy, Envoy Health Management, Jennifer Cretu
2017, Issue 10-23-2017, Issues, News
FLINT, Mich. — Diplomat Pharmacy Inc. has acquired 8th Day Software and Consulting LLC. With the purchase, the specialty pharmacy also appointed 8th Day Software founder and chief executive officer Dave Loschinskey as Diplomat’s chief information officer. Loschinskey has served as CEO of 8th Day since launching the firm in 2013. The acquisition calls for
September 25, 2017 by Brian Bossetta and Chain Drug Review
Albertsons, CVS Caremark, CVS Health, CVS Pharmacy, H-E-B, Hurricane Harvey, Hy-Vee, Kroger, Market Basket Pharmacies, National Association of Chain Drug Stores, Publix, Target Corp., Walgreens, Walmart
2017, Issue 09-25-2017, Issues, News
ARLINGTON, Va. — Though Hurricane Harvey has dissipated, it has left many in the Greater Houston area as well as parts of southwestern Louisiana reeling in its aftermath. From initial estimates it appears Harvey’s economic impact will be every bit as staggering as its winds were. Financial analysis firm Moody’s Analytics tallies the costs of