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Fruth Pharmacy does its part in W.Va. flood relief

Fruth Pharmacy does its part in W.Va. flood relief

Giving back to the community is nothing new for Fruth Pharmacy, which operates 29 pharmacy locations in West Virginia, Ohio and Kentucky. But the regional drug chain took it up a notch to help area residents during the devastating flooding in West Virginia. In an interview with the National Association of Chain Drug Stores, Fruth

WBA’s Gourlay: We’ll work with Valeant

WBA’s Gourlay: We’ll work with Valeant

During the Walgreens Boots Alliance’s conference call this week on its third-quarter results, co-COO Alex Gourlay told analysts that WBA will address Valeant Pharmaceuticals International’s concerns about its distribution arrangement with the company. Under the deal, announced in December, WBA and Valeant entered agreements in which the drug maker will directly distribute branded prescription drugs

PharmaSmart tabbed as American Heart Association leader

PharmaSmart tabbed as American Heart Association leader

PharmaSmart’s role in helping consumers better manage their health has been recognized by the American Heart Association (AHA). The Rochester, N.Y.-based company has been named to the AHA’s High Blood Pressure leadership group and noted that it currently represents the only blood pressure/biometric screening kiosk provider in the group. To that end, a profile of

Bottled water consumption up, caloric intake down

Bottled water consumption up, caloric intake down

Expanding the selection of healthy, better-for-you snacks and foods has been a big front-end merchandising focus for drug chains as they position themselves as wellness destinations. But drug stores are already well-stocked with a staple item that brings a good deal of dietary benefits — bottled water. A new study from the Beverage Marketing Corp.

Pharmacy players rise in Fortune 500

Pharmacy players rise in Fortune 500

Players in the retail pharmacy space accounted for three of the top 10 spots in the 2016 Fortune 500 list of the nation’s largest companies by revenue. Coming in again at No. 1 overall on the annual list, released this week, was the world’s largest retailer, Walmart, with sales of $482.13 billion. The company is

Report: McKesson mulling options for tech solutions unit

Report: McKesson mulling options for tech solutions unit

McKesson Corp. is exploring a potential separation of its McKesson Technology Solutions business, according to the Wall Street Journal. The Journal report, citing anonymous sources at the drug distribution giant, said options for the McKesson Technology Solutions unit might involve a sale or a merger. McKesson Technology Solutions’ sales declined 5% year over year to

McKesson-Walmart deal creates ‘intriguing alignment,’ expert says

McKesson-Walmart deal creates ‘intriguing alignment,’ expert says

The expanded distribution agreement between McKesson and Walmart not only brings McKesson a generic drug customer it had been pursuing, but it also “finalizes an intriguing industry channel alignment,” according to pharmacy supply chain expert Adam Fein, president of Pembroke Consulting. In a posting Tuesday on his Drug Channels blog, Fein noted that Walmart was

Analyst: CVS makes front-end play with Curbside

Analyst: CVS makes front-end play with Curbside

CVS Health’s partnership with and investment in Curbside could help CVS Pharmacy enhance its front-end business by picking up some purchases that may be migrating to online retailers, according to analyst Scott Mushkin of Wolfe Research. ‘Where Do You Buy Your Everyday Essentials?’ Source: Wolfe Research, “Pure Food Trend Matures” (4/1/16). CVS announced last week

Pharmacies: A venue to help get life insurance

Pharmacies: A venue to help get life insurance

A trip to the local pharmacy may help people expedite the process of gaining life insurance coverage. A new partnership between rapid health testing specialist Force Diagnostics and health station provider higi aims to enable life insurance companies to make more accurate underwriting decisions more quickly. The companies are making available Force Diagnostics’ rapid testing