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BENTONVILLE, Ark. – Walmart today announced it is raising pay for approximately 3,700 pharmacists and 4,000 opticians while also rolling out a new pathway for opticians to grow their careers with industry-recognized training that’s 100% paid for by the company. Walmart pharmacists will now be paid more than $140,000, not including bonuses and incentives, the
PALM BEACH, Fla. — Anyone who has lingering doubts about the centrality of retail pharmacy’s contribution to ending the COVID pandemic should consider the view of Dr. Anthony Fauci, the federal government’s point man in responding to the emergency. Speaking at the National Association of Chain Drug Stores’ Annual Meeting here last month, the former
DEERFIELD, Ill. — Walgreens announced this week that it will be cutting over 500 jobs with most of the cuts impacting employees at the company’s Deerfield headquarters and its Chicago office, said a company spokesperson. About 10% or 504 corporate employees will be laid off, Walgreens spokesman Marty Maloney confirmed, noting that none of the
WASHINGTON – The National Association of Chain Drug Stores (NACDS) is hailing the U.S. House of Representatives Committee on Energy and Commerce for their bipartisan commitment to crack down on tactics by which “pharmaceutical benefit manipulator” middlemen maximize profits at the expense of patients, pharmacies and others. On Wednesday, the Promoting Access to Treatments and Increasing
GOODLETTSVILLE, Tenn. — Dollar General Corp. has promoted company veteran Steve Deckard to the newly created role of executive vice president for growth and emerging markets, effective June 1. Deckard, who most recently served as senior vice president of emerging markets and led the company’s international expansion into Mexico, began his DG career in 2006
Ahead of next month’s Healthcare Distribution Alliance Business and Leadership Conference, Chip Davis, president and chief executive officer of the association, tells this week’s Video Forum about the prevailing attitude in the industry. Full implementation of the Drug Supply Chain Security Act later this year, the challenge of coping with current shortages of some medications,
MAPLE GROVE, Minn. — Bob Narveson, chairman, president and chief executive officer of Thrifty White Pharmacy since 1999, plans to relinquish the latter two roles at the beginning of next year, when he will pass the torch to chief operating officer Justin Heiser. The transition, announced at a Thrifty White managers meeting yesterday, represents a
BENTONVILLE, Ark. – Walmart said Thursday that revenue increased 7.6% to $152.3 billion in its first quarter, topping Wall Street expectations. The company also raised its fiscal 2024 forecast; management now expects consolidated net sales will rise about 3.5% this year. For the current quarter, Walmart forecasts consolidated net sales to increase by about 4%.
WASHINGTON – Retail sales bounced back in April, showing both month-over-month and year-over-year growth, the National Retail Federation said Tuesday. “Retail sales rebounded in April, reflecting consumer resilience in the face of elevated economic uncertainty,” NRF President and CEO Matthew Shay said. “Moderating price levels, continued labor market strength and wage gains have increased consumers’
CHICAGO – Nielsen IQ (NIQ) announced Thurday the launch of its Connected Collaboration platform, powered by Rite Aid data assets and NIQ’s leading data science and software. This will empower suppliers and retailers to quickly diagnose what drives business performance at Rite Aid through an intuitive user interface that allows non-technical users to leverage built-in
WOONSOCKET, R.I. — CVS Health announced Wednesday it is enhancing Project Health, the company’s free, community-based health screening program by adding mental health screenings to its services and entering two new areas: Greensboro, N.C. and Petersburg, Va. Project Health will also add nearly 100 organizations this year to host its mobile units in additional under-resourced
In the conclusion of a two-part Video Forum interview, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, talks about the AWS business model and shares his views on the role of technology in the drive toward greater personalization, the need to rethink the supply chain in the wake of
BENTONVILLE, Ark. — Walmart has named company veteran Latriece Watkins to the post of executive vice president and chief merchandising officer, effective immediately. She succeeds Charles Redfield, who is leaving the company this month after 32 years. Walmart U.S. president and CEO John Furner shared the news of Watkin’s appointment on Friday in an internal
JUPITER, Fla. — Gov. Ron DeSantis on Wednesday signed comprehensive PBM regulation into Florida law. The Prescription Drug Reform Act increases accountability for PBMs, provides for greater pharmacy choice, and adds transparency to prescription drug price increases. “This legislation builds a foundation of transparency for pharmacy benefit manager (PBM) practices and drug prices in Florida,
