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Mastercard says holiday retail sales to grow 2.4%

Mastercard says holiday retail sales to grow 2.4%

PURCHASE, N.Y. — Retailers and shoppers have gotten an early start on this year’s holiday shopping season, and that should help lift overall sales. During this newly expanded holiday season, running from October 11 through December 24, Mastercard SpendingPulse is forecasting a 2.4% increase in U.S. retail sales (excluding automotive and gas) compared to the

CVS Health expands COVID-19 testing services

CVS Health expands COVID-19 testing services

WOONSOCKET, R.I. — CVS Health has announced plans to expand COVID-19 testing services currently offered at select CVS Pharmacy locations to include rapid-result testing at nearly 1,000 sites by the end of the year. Rapid-result COVID-19 diagnostic tests are available at no cost to patients who meet Centers for Disease Control and Prevention criteria. In addition,

CVS Pharmacy launches QuickRenew

CVS Pharmacy launches QuickRenew

WOONSOCKET, R.I. — CVS Pharmacy has introduced QuickRenew, an online contact lens prescription renewal tool powered by technology from Premium Vision currently available on the CVS Optical website. Customers can use the easy and convenient tool to renew their prescription in minutes with an independent ophthalmologist and order contact lenses to be shipped to their

Video Forum: Mike Wysong, Care Pharmacies

Video Forum: Mike Wysong, Care Pharmacies

  For five of the past six years, Care Pharmacies has earned a place on the National Retail Federation’s Hot 100 list. In this week’s Video Forum, Mike Wysong, the company’s chief executive officer, talks about the reasons behind Care’s robust growth, collaboration among its members, and efforts to bolster sales outside the pharmacy department.

Rite Aid COO Jim Peters outlines company’s new strategy

Rite Aid COO Jim Peters outlines company’s new strategy

CAMP HILL, Pa. — During HLTH VRTL 2020, the leading, large-scale event for health care innovation held last month, Rite Aid chief operating officer Jim Peters highlighted the company’s RxEvolution and how it will reshape the chain drug store industry in a keynote address to the conference. HLTH brings together all the major stakeholders of

Walgreens further expands COVID-19 testing

Walgreens further expands COVID-19 testing

DEERFIELD, Ill. — As part of Walgreens’ ongoing efforts to increase access to COVID-19 testing in communities across the U.S., the company announced that its testing sites are available for those age 3 and older. Previously, testing has been available to those age 18 and over. “We’re continuing to expand our COVID-19 testing program to

Walmart, Sam’s Club hosting drug take back events

Walmart, Sam’s Club hosting drug take back events

BENTONVILLE, Ark. — Walmart and Sam’s Club will be hosting in-person medication disposal events at select store and club locations across the country on Saturday, October 24, as part of the DEA’s biannual National Prescription Drug Take Back Day. According to the 2018 National Survey on Drug Use and Health, 9.9 million Americans misused controlled

Purdue Pharma reaches $8.3 billion deal with DOJ

Purdue Pharma reaches $8.3 billion deal with DOJ

STAMFORD, Conn. – Purdue Pharma announced Wednesday that it has entered into an $8.3 billion agreement with the United States Department of Justice (DOJ) to resolve multi-year civil and criminal investigations into the company’s past marketing practices related to its opioid medicines. With the agreement, Purdue accepts responsibility for specified misconduct that took place before

CVS expands resources to prevent opioid misuse during COVID-19

CVS expands resources to prevent opioid misuse during COVID-19

WOONSOCKET, R.I. — CVS Health has teamed up to offer new and expanded programs to help prevent opioid misuse during the pandemic.  The company’s newest initiative increases access to digital prevention education resources tailored for the current learning environment. Working with Discovery Education, CVS Health has launched a suite of no-cost digital resources that empower

Video Forum: Clint Mahlman, London Drugs

Video Forum: Clint Mahlman, London Drugs

Clint Mahlman, president and chief operating officer of London Drugs, tells this week’s Video Forum how the drug chain’s unique business model meets a variety of needs for consumers in Western Canada, especially during the COVID-19 outbreak. He also discusses the boom in e-commerce, an area in which London Drugs has more than two decades

CVS, Walgreens to provide COVID-19 vaccine to long-term care facilities

CVS, Walgreens to provide COVID-19 vaccine to long-term care facilities

WASHINGTON — CVS Health and Walgreens will work with the White House to provide COVID-19 vaccinations to long-term care facilities throughout the country when the vaccine becomes available, the two companies announced Friday. “Protecting the vulnerable has been the No. 1 priority of the Trump Administration’s response to COVID-19, and that commitment will continue through

McKesson realigns pharmacy management team

McKesson realigns pharmacy management team

IRVING, Texas — McKesson Corp. is going from strength to strength as it realigns the team that provides support to pharmacy operators across the country. In the wake of Chris Dimos’ retirement as president of retail solutions, the drug wholesaler has named Nimesh Jhaveri president of community pharmacy, and Eyad Farah president of Health Mart

WBA’s fourth quarter earnings top forecast

WBA’s fourth quarter earnings top forecast

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth-quarter earnings, helped by higher sales at U.S. stores. Sales in U.S. stores in the quarter ended August 31 advanced 3.6%  to $27.0 billion, with same-store sales rising by the same amount. WBA said it anticipates

Rite Aid to launch Performance Media powered by Quotient

Rite Aid to launch Performance Media powered by Quotient

CAMP HILL, Pa. — Rite Aid has enhanced its targeted digital media capability through a partnership with the leading digital promotions, media, and analytics company, Quotient, to exclusively connect brands and advertisers to Rite Aid digital customers. At a time when marketers are foregoing traditional channels in favor of more targeted and measurable alternatives, Rite

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