TRP_1170x120_12-19-19

Berkowitz exits Walgreens Boots Alliance

Berkowitz exits Walgreens Boots Alliance

DEERFIELD, Ill. — Jeff Berkowitz, executive vice president at Walgreens Boots Alliance and president of Pharma and Global Market Access, has left the company. “With the restructuring of our Pharma and Global Market Access group, Jeff Berkowitz, who has led that function since its formation, has made the decision to pursue other opportunities outside the

CVS to gain more clout by acquiring Target Rx business

CVS to gain more clout by acquiring Target Rx business

WOONSOCKET, R.I. — Continuing its aggressive growth and diversification, CVS Health has purchased Target Corp.’s pharmacy and clinic businesses for some $1.9 billion. The acquisition propels CVS past Walgreens as the nation’s No. 1 pharmacy operator by market share and store count. CVS will have close to 9,500 prescription counters. Walgreens had 8,232 as of

Front end re-energized at CVS

Front end re-energized at CVS

NEW YORK — CVS Health has unveiled an enhanced front end with a focus on health, beauty and ­consumables. The upgrade, being rolled out at selected stores starting with 150 high-volume urban outlets, is “the next step in the company’s evolution to better support customers’ health in its retail stores” following its cigarette ban, CVS

Catalina makes circular more relevant to shoppers

Catalina makes circular more relevant to shoppers

ST. PETERSBURG, Fla. — Catalina is enabling retailers to target individual consumers with My Favorite Deals, an omnichannel listing of the most relevant upcoming deals for a particular shopper. Announced this week, the list of five deals can be printed out in stores or viewed digitally, including via mobile and email. The five deals present

Supreme Court upholds health insurance subsidies

Supreme Court upholds health insurance subsidies

WASHINGTON — The U.S. Supreme Court has upheld the Affordable Care Act’s subsidies for health insurance, giving the law its second big win in three years. The justices ruled 6-3 that the subsidies being received by 8.7 million people to make coverage affordable were not voided by the statute’s wording. Chief Justice John Roberts again

Target’s chief merchant to step down

Target’s chief merchant to step down

MINNEAPOLIS – Kathee Tesija, executive vice president and chief merchandising and supply chain officer at Target Corp., will move into an advisory role effective July 6. An external and internal search is under way for a replacement, Target chairman and chief executive officer Brian Cornell said Thursday. The position’s areas of responsibility include overseeing all

Giancamilli to serve as interim CEO of 99 Cents Only Stores

CITY OF COMMERCE, Calif. — Former Katz Group head Andy Giancamilli has been named interim president and chief executive officer of 99 Cents Only Stores. Giancamilli, who was appointed chairman of the chain in April, replaced Stéphane Gonthier, who resigned. “In my role on the board over the past three years, and more recently as

Drug distributors reap benefits of tech investment

Drug distributors reap benefits of tech investment

  ARLINGTON, Va. — The rapid adoption of new technology is making the drug distribution industry healthier than ever. The sector’s investment in new systems and ability to quickly get them up and running is giving it unsurpassed accuracy and efficiency, said John Gray, president and chief executive officer of the Healthcare Distribution Management Association

Acquisition takes CVS into new dispensing channel

Acquisition takes CVS into new dispensing channel

WOONSOCKET, R.I. — Boosting its services for the burgeoning senior market, CVS Health has agreed to acquire Omnicare — the nation’s largest provider of pharmaceutical services to long-term care facilities — for $12.7 billion. With the acquisition, which includes $2.3 billion in debt, CVS Health will significantly expand its ability to dispense prescriptions in assisted

Albertsons taps Panzer to lead health business

Albertsons taps Panzer to lead health business

BOISE, Idaho — Mark Panzer has been named senior vice president of pharmacy, health and wellness at Albertsons LLC. Between Albertsons and Safeway stores, the company has 1,760 pharmacies in 34 states. Panzer, who had been president and chief executive officer of Pharmaca Integrative Pharmacy Inc., replaces Darren Singer, who has left ­Albertsons. The appointment

Walgreens’ Filler innovates across value chain

Walgreens’ Filler innovates across value chain

  DEERFIELD, Ill. — Linda Filler, president of retail products and chief merchandising officer at Walgreens, has always been fascinated by how consumers’ needs and wants translate into purchases. Since her time at the Hanes division of Sara Lee she has sought to fulfill consumers’ desires with relevant, unique and fun solutions. At Hanes, she

NACDS offers look at what lies ahead for the industry

NACDS offers look at what lies ahead for the industry

PALM BEACH, Fla. — The evolution of health care is here, new National Association of Chain Drug Stores chairman Randy Edeker said at the 2015 NACDS Annual Meeting here last month. “The new health care definition includes environmental factors, nutrition, the social environment, emotional and spiritual factors,” said Edeker, chairman, president and chief executive officer of

Unmacht named CEO at Bartell

Unmacht named CEO at Bartell

SEATTLE — Brian Unmacht has been named chief executive officer of Bartell Drugs, becoming the first person from outside the Bartell family to hold that title. George D. Bartell, who had been the 62-store, Seattle-area chain’s CEO for 25 years, will continue to serve as chairman. His sister, Jean Bartell Barber, is vice chairman and treasurer. Unmacht,