January 7, 2016 by Chain Drug Review
Featured Articles
If you are a college student you may be required to write a college research paper at one or several points of your college career. College research papers are not among the easiest papers to write because of various reasons. One is that they are supposed to report some form of research activity. This means
January 6, 2016 by Geoff Walden and Chain Drug Review
$4 generics, Chain Drug Review, health and wellness, Michelle Gloeckler, Pharmacy Innovator of the Year, retail pharmacy, Walmart, Walmart Care Clinics
2016, Featured Articles, Issue 01-04-2016, Issues, Leading Headlines, News, Pharmacy, Retail News
BENTONVILLE, Ark. — Walmart has had a long history of making health care more accessible and affordable. From the launch of $4 generics in 2006 to the recent introduction of Walmart Care Clinics, which promise to have the same kind of impact on pricing in that sector as the earlier program did in pharmacy, the
January 5, 2016 by Jeffrey Woldt and Chain Drug Review
Chain Drug Review, CVS Health, CVS/pharmacy, Judy Sansone, Merchant of the Year
2016, Featured Articles, Issue 01-04-2016, Issues, Leading Headlines, News, Retail News
WOONSOCKET, R.I. — Over the course of the past decade, CVS Health has undergone profound changes, transforming itself from a traditional drug store operator into a health care innovation company. One constant throughout the process has been the rock-solid performance of the front-end retail business to which the company traces its origins. Health and beauty
January 4, 2016 by Chain Drug Review
Chain Drug Review, John Standley, Retailer of the Year, Rite Aid, Stefano Pessina, Walgreens Boots Alliance
2016, Business, Featured Articles, Issue 01-04-2016, Issues, Leading Headlines, News, Retail News
For 2015, the editors of Chain Drug Review have chosen to give the publication’s annual Retailer of the Year honors to two chain drug retail industry leaders: Stefano Pessina, executive vice chairman and CEO of Walgreens Boots Alliance Inc., and the management team at Rite Aid Corp., led by chairman and CEO John Standley. Pessina’s
December 29, 2015 by Chain Drug Review
Black Friday, Cyber Monday, digital shopping, holiday retail sales, holiday shopping season, MasterCard Advisors, MasterCard SpendingPulse, National Retail Federation, RetailNext, ShopperTrak
Business, Featured Articles, Leading Headlines, Retail News
NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and well off the 5.4% gain of five years ago, according to research by Racher Press, the publisher of Chain Drug Review. Same-store sales
December 23, 2015 by Chain Drug Review
Center for Medicare and Medicaid Innovation, Centers for Medicare & Medicaid Services, Medicare Part D, medication therapy management, MTM, NACDS, National Association of Chain Drug Stores, Steve Anderson
Featured Articles, Leading Headlines, Pharmacy, Retail News
ARLINGTON, Va. — A bipartisan coalition of congressmen is urging the participation of retail pharmacists in a new initiative to improve the use of medication therapy management (MTM) in Medicare. The National Association of Chain Drug Stores said Wednesday that 44 members of the U.S. House of Representatives have sent a letter to Secretary of Health
December 21, 2015 by Chain Drug Review
George Fairweather, Rite Aid, Walgreens Boots Alliance, WBA
Business, Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has completed $12.8 billion in term loan facilities as part of the financing for its $17.2 billion deal to acquire Rite Aid Corp. WBA said Monday that the transactions include the placement of $5 billion of term loan facilities — split between two tranches of $2.5 billion
December 17, 2015 by Chain Drug Review
John Standley, Rite Aid, Walgreens Boots Alliance
Business, Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — Rite Aid Corp. posted fiscal 2016 third-quarter adjusted earnings in line with Wall Street estimates and announced a special shareholders meeting to vote on its $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Rite Aid said Thursday that for the third quarter ended Nov. 28, net income totaled
December 16, 2015 by John Schultz and Chain Drug Review
CVS Health, CVS/pharmacy, Larry Merlo, Omnicare, Red Oak Sourcing, Target Corp.
Business, Featured Articles, Leading Headlines, Retail News
NEW YORK — At its annual Analyst Day event here, CVS Health updated its earnings guidance for 2016 and reiterated its five-year targets. “Over the past several years, CVS Health has been preparing for the changes in the health care landscape by expanding our extensive suite of leading assets and capabilities,” said president and chief
December 15, 2015 by Chain Drug Review
Alex Gourlay, branded prescription drugs, J. Michael Pearson, Valeant Pharmaceuticals International, video, Walgreens
Featured Articles, Leading Headlines, Pharmacy, Retail News, Videos
LAVAL, Quebec, and DEERFIELD, Ill. — Valeant Pharmaceuticals International Inc. and Walgreens have entered agreements in which the drug maker will directly distribute branded prescription drugs in a range of therapeutical areas to the pharmacy chain at reduced pricing. Valeant said Monday that, under the fulfillment agreement, it will cut the wholesale list prices of
December 11, 2015 by Chain Drug Review
Federal Trade Commission, Rite Aid, Walgreens Boots Alliance, WBA-Rite Aid
Business, Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill., and CAMP HILL, Pa. —The Federal Trade Commission has requested additional information from Walgreens Boots Alliance (WBA) Inc. and Rite Aid Corp. regarding WBA’s proposed acquisition of Rite Aid. WBA and Rite Aid said Friday that the second request for information, made under the notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act, extends
December 10, 2015 by Chain Drug Review
Daniel Eckert, mobile payment platform, Neil Ashe, video, Walmart, Walmart Global eCommerce, Walmart Pay
Featured Articles, Leading Headlines, Retail News, Technology, Videos
BENTONVILLE, Ark. — Despite the emergence of multiple mobile payment platforms, Walmart has gone ahead and launched its own: Walmart Pay. The retail giant said Thursday that the debut of Walmart Pay makes it the only retailer to offer its own payment solution that works with any iOS or Android device, at any checkout lane and with any major
December 7, 2015 by Chain Drug Review
EnvisionRx, Health Dialog, John Standley, RediClinic, Rite Aid, Rite Aid Health Alliance
Featured Articles, Leading Headlines, Pharmacy, Retail News
CAMP HILL, Pa. — With its recent acquisitions, Rite Aid Corp. is well-positioned to further expand its health care capabilities, according to chairman and chief executive officer John Standley. The company in June closed the $2 billion acquisition of Envision Pharmaceutical Services, which brought the EnvisionRx pharmacy benefit manager (PBM) as well as specialty pharmacy,
December 2, 2015 by Chain Drug Review
generic drug, Harris Poll, OTC medicines, over-the-counter drug
Featured Articles, Leading Headlines, Pharmacy, Retail News
NEW YORK — When given a choice in purchasing a prescription or over-the-counter drug, most U.S. consumers will opt for a generic product, a new Harris Poll finds. Harris said Wednesday that of the 2,255 U.S. adults it surveyed, 69% said they would pick the generic drug more often, and 30% indicated that they would