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NCPA, NACDS address DIR pharmacy reform failure

NCPA, NACDS address DIR pharmacy reform failure

ALEXANDRIA, Va.  — The National Community Pharmacists Association and the National Association of Chain Drug Stores issued the following statement Thursday after a final drug pricing rule was released and failed to reform pharmacy direct and indirect remuneration fees, or pharmacy DIR: “We are disappointed and frustrated that this final rule fails to finalize pharmacy

NACDS recommends measures to cut drug costs

NACDS recommends measures to cut drug costs

ARLINGTON, Va. — As Congress explores policies to lower the cost of prescription drugs, NACDS recommended several measures to achieve that goal and improve patient health. In a statement to the House Committee on Energy and Commerce Subcommittee on Health, NACDS asserted the value of implementing direct and indirect remuneration (DIR) fee reform to lower

Fred’s closing 104 more stores

Fred’s closing 104 more stores

MEMPHIS — Fred’s Inc. announced Thursday it is closing 104 underperforming stores as part of an “ongoing effort to rationalize its store footprint.” The new round of closings comes five weeks after the Memphis-based company started “going out of business” liquidation sales at 159 stores and follows an evaluation of store performance and timing of lease

CVS launches ‘Tested to Be Trusted’ program

CVS launches ‘Tested to Be Trusted’ program

WOONSOCKET, R.I. — CVS Pharmacy on Wednesday announced the launch of Tested to Be Trusted, a program requiring third-party testing of all vitamins and supplements sold in-store and online to confirm the accuracy of the dietary ingredients listed on the supplement facts panel and to confirm that products are free from certain additives and ingredients.

Walmart adding free next-day delivery

Walmart adding free next-day delivery

BENTONVILLE, Ark. — Walmart will begin offering free next-day delivery in select markets this week, with more markets to be added later this year. The move will raise the stakes in its battle with online retailer Amazon.com, which said earlier this month that next-day shipping will soon become standard for members of its Prime membership

WBA to collaborate on cancer prevention, research

WBA to collaborate on cancer prevention, research

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced today the launch of its Collaboration for Cancer Prevention, Research and Support, a transatlantic charitable partnership between the company and leading European, British and American cancer organizations to support people living with cancer at all moments of their journey. WBA gathered recently with leaders from the European

Retailer of the Year award winners honored

Retailer of the Year award winners honored

NEW YORK — Chain Drug Review presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Larry Merlo, president and chief executive officer at CVS Health, was honored as CDR’s Health Care Executive of the Year. He

IRI offers food for thought on CPG innovation

IRI offers food for thought on CPG innovation

CHICAGO — IRI, a global leader in innovative solutions and services for consumer, retail and media companies, announced Wednesday the release of its 2018 New Product Pacesetters, its 23rd annual report, highlighting the most successful new product launches across food and beverage, non-food and convenience store sectors. Smaller companies continue to dominate the list, and the most successful products

Rite Aid recognizes six Pharmacy Champions

Rite Aid recognizes six Pharmacy Champions

CAMP HILL, Pa.— Six members of Rite Aid’s pharmacy team have been selected for recognition through the company’s annual Pharmacy Champions program. Those recognized were selected by a panel of judges from more than 15,000 customer-submitted entries in the annual program, which was conducted last October during American Pharmacists Month to acknowledge and thank Rite

CVS offers free health screenings in Sacramento

CVS offers free health screenings in Sacramento

SACRAMENTO, Calif. — As part of a continuing commitment to building healthier communities, CVS Health celebrated this week the expansion of its annual Project Health free health screening campaign to Sacramento with a fun-filled community event at CVS Pharmacy, 1587 W El Camino Avenue, in Sacramento. Thursday’s event is one of 32 free health screenings that will take place

Apple accessories now available at Walgreens, Duane Reade NYC stores

Apple accessories now available at Walgreens, Duane Reade NYC stores

NEW YORK — Beginning this week, customers can purchase select Apple accessories including charging cords, cases and earpods at 231 Walgreens and Duane Reade stores in the New York City area. “We’re delighted to offer these Apple accessories for customers in our New York City-area Walgreens and Duane Reade stores. We’re always looking for ways to

CVS Health’s Q1 results beat projections

CVS Health’s Q1 results beat projections

WOONSOCKET, R.I. — CVS Health on Wednesday announced operating results for the first quarter ended March 31. The drug store chain reported a 42% increase in profit for the three months and raised its adjusted earnings forecast for the year, as it benefits from its $69 billion purchase of health insurer Aetna. “We generated strong

CVS joins the Quit Big Tobacco campaign

CVS joins the Quit Big Tobacco campaign

WOONSOCKET, R.I. — CVS Health announced Tuesday that it has pledged not to work with advertising or public relations agencies who work with tobacco and e-cigarette companies, following its decision to remove tobacco from its stores five years ago.  The drug chain is the first major corporate brand to join the Quit Big Tobacco campaign created by Vital

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