December 13, 2023 by Chain Drug Review
Crystal Lennartz named president of Health Mart & Health Mart Atlas
Leading Headlines, Pharmacy
IRVING, Texas — McKesson has appointed Crystal Lennartz as president of Health Mart, an independent pharmacy franchise, and Health Mart Atlas, a pharmacy services administrative organization (PSAO). As president, Lennartz will focus on strengthening the overall health of Health Mart and Health Mart Atlas pharmacy members and elevating the role they play in people’s lives.
December 12, 2023 by Chain Drug Review
Publix donating fresh produce to food banks ahead of the holidays
Leading Headlines, Retail News
LAKELAND, Fla. — As part of Publix’s ongoing commitment to helping alleviate hunger, the company is purchasing and delivering another 1.3 million pounds of fresh produce to 32 Feeding America partner food banks this holiday season. This donation is in addition to the 1.3 million pounds of produce Publix donated at Thanksgiving. These donations are
December 12, 2023 by Chain Drug Review
PCMA issues statement on House vote of H.R. 5378
Pharmacy
WASHINGTON — The Pharmaceutical Care Management Association (PCMA) released the following statement on the U.S. House of Representatives’ vote on the Lower Costs, More Transparency Act. “America’s pharmacy benefit companies are extremely disappointed by the passage of H.R. 5378 by the U.S. House of Representatives. The legislation undermines the work of PBMs to reduce prescription
December 11, 2023 by Chain Drug Review
HDA issues statement on CNBC special report on Rx counterfeiting
Leading Headlines, Pharmacy
WASHINGTON — Healthcare Distribution Alliance (HDA) president and CEO Chester “Chip” Davis, Jr., released the following statement in response to CNBC’s reporting on counterfeit medications and the role of pharmaceutical distributors. “Unfortunately, today’s CNBC special report entitled ‘Fraud in the Bottle’ paints too broad a brush about the pharmaceutical supply chain. The reporting does a disservice
December 11, 2023 by Chain Drug Review
NCPA urges House passage of PBM reform package
Leading Headlines, Pharmacy
ALEXANDRIA, Va. – The National Community Pharmacists Association issued the following statement from Anne Cassity, senior vice president of government affairs, as the House of Representatives prepares to vote today on the Lower Costs, More Transparency Act (H.R. 5378): “Community pharmacy has been pushing consistently for the last 15 years for transparency into PBM operations and reforms to
December 11, 2023 by Chain Drug Review
Cigna ending Humana deal
Business, Leading Headlines
NEW YORK — U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival Humana after the pair failed to agree on price, two sources familiar with the situation said on Sunday, as the company announced plans to buy back $10 billion worth of shares. A Cigna-Humana combination would have created a
December 11, 2023 by Chain Drug Review
CNBC/NRF Retail Monitor shows strong start for holiday season
Business, Leading Headlines, Retail News
WASHINGTON – The holiday shopping season got off to a good start in November as retail sales showed strong gains, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. Click here to access November retail data. “November Retail Monitor data shows that consumers are embracing the holiday season
December 11, 2023 by Chain Drug Review
Special section celebrates NACDS' 90th anniversary
December 11, 2023, Featured Articles, Leading Headlines
Read the December 11th issue of Chain Drug Review, which includes a special section commemorating the 90th anniversary of the founding of the National Association of Chain Drug Stores. The 56-page section is presented by CDR, Drug Store News and the Emerson Group. Here is the link for the issue: http://digitaledition.chaindrugreview.com/publication/?i=809929. The section begins on page
December 8, 2023 by Chain Drug Review
NRF economist says 2023 economy has seen ‘vigorous growth’ despite recent slowdown
Business, Leading Headlines, Retail News
WASHINGTON – After a year of challenges, the economy has proven to be healthy even as it continues to slow, National Retail Federation Chief Economist Jack Kleinhenz said today. “The U.S. economy is on track to end 2023 with vigorous growth for the year,” Kleinhenz said. “A strong labor market, rising wages and access to
December 8, 2023 by Chain Drug Review
TUMS teams with designer Nik Bentel
Supplier News
WARREN, N.J. — At a time when foodie fashion – from pasta handbags to cheeseburger dresses, fried chicken footwear and beyond – has been making a delicious statement, TUMS, America’s No. 1 Antacid brand, is dipping into culinary couture to bring heartburn relief to food fans in a fashionable way. In partnership with New York artist
December 8, 2023 by Chain Drug Review
A blue-chip panel of women with diverse leadership roles proved that age is only a number during a webinar hosted by WE.
Leading Headlines, Retail News, Supplier News
NEW YORK — A blue-chip panel of women with diverse leadership roles proved that age is only a number during a webinar hosted by WE. In the latest edition of Conversations with WE, Roslyn Chapman, chief executive officer and strategic advisor of The Chapman Edge; Lisa Paley, president for North America at Haleon; Jocelyn Konrad,
December 8, 2023 by Chain Drug Review
Dr. Reddy’s Balasubramanian on growth engines
December 11, 2023, Pharmacy
Dinakaran (Dina) Balasubramanian, head of commercial strategy and insights for biologics at Dr. Reddy’s Laboratories, spoke with Chain Drug Review about his role at the drug maker and how specialty generic drugs and biosimilars are fueling growth for it. CDR: What are your responsibilities now with Dr. Reddy’s Laboratories? BALASUBRAMANIAN: One of my primary responsibilities
December 8, 2023 by Chain Drug Review
Kroger and Soda Health collaborate to launch a Smart Benefits Program
Leading Headlines, Pharmacy, Retail News
CINCINNATI – Kroger Health, the healthcare division of The Kroger Co., and Soda Health, Inc. announced the launch of a Smart Benefits program, which combines Kroger Health’s services with Soda Health’s &more platform. This program allows participating Medicare Advantage, Medicaid and employer benefits program recipients to receive certain pharmacy, nutrition services and other eligible benefits
December 8, 2023 by Chain Drug Review
NACDS defines 2023 victories and 2024 needs for industry
Leading Headlines, Pharmacy
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) is hailing collaborative advocacy and policymaking that made further strides for Americans’ health care access in 2023. The Association also is urging state and federal leaders alike to further improve access – and to prevent access rollbacks – in 2024. NACDS cited the following