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Rite Aid Foundation donates to wildfire relief

Rite Aid Foundation donates to wildfire relief

CAMP HILL, Pa. – The Rite Aid Foundation announced Monday that a $75,000 donation will be distributed to the American Red Cross Los Angeles Region and American Red Cross Northern California Coastal Region to support wildfire relief efforts. “The devastating and destructive fires that have wreaked havoc in California during the past few weeks have

CVS Health beats Q3 earnings forecast

CVS Health beats Q3 earnings forecast

WOONSOCKET, R.I. — CVS Health turned in another impressive showing  in the third quarter of 2019, as both adjusted earnings and revenues exceeded analysts’ estimates. Based on the solid performance, the company raised its full-year guidance on adjusted earnings. “Our third-quarter results build on the positive momentum we have seen across the company since the

Walgreens offers faster access to CGM devices

Walgreens offers faster access to CGM devices

DEERFIELD, Ill. — Walgreens is launching a new billing solution to allow Medicare patients who use the Dexcom G6 Continuous Glucose Monitoring (CGM) System to fill their prescription at any of its more than 9,200 U.S. retail pharmacy locations. Walgreens is now the largest retail pharmacy chain providing nationwide distribution for Dexcom CGM. Currently, prescriptions

Walgreens names Patrick McLean senior VP and CMO

Walgreens names Patrick McLean senior VP and CMO

DEERFIELD, Ill.  – Walgreens announced Friday that Patrick McLean as senior vice president and chief marketing officer (CMO). In his role as CMO, McLean will be responsible for the vision, strategic direction and performance of all Walgreens marketing activities. These responsibilities include: marketing collaboration, design and execution of the iconic Walgreens brand, development of the

CVS opening standalone locations in Oregon

CVS opening standalone locations in Oregon

WOONSOCKET, R.I. — CVS Pharmacy celebrated the grand opening of its first-ever standalone store in Oregon with a ribbon cutting ceremony this week. The new store at 105 NW 13th Ave in Portland, OR, is the first of three retail locations to open in the Greater Portlandmarket in 2019, with one more store opening in

Walgreens tops Q4 earnings and revenue estimates

Walgreens tops Q4 earnings and revenue estimates

DEERFIELD, Ill., — Walgreens Boots Alliance Inc. shares rose 1.6% in premarket trading Monday after the company reported fourth-quarter earnings and sales that beat expectations. The pharmacy retailer’s net income totaled $677 million, or 75 cents per share, down from $1.51 billion, or $1.55 per share, last year. Adjusted EPS was $1.43, ahead of the

DEA Drug Take Back Day backed by NACDS

DEA Drug Take Back Day backed by NACDS

ARLINGTON, Va. – National Prescription Drug Take Back Day is a chance to help keep opioids out of the wrong hands and to raise awareness of other critical resources that help keep patients, families and communities safe, the National Association of Chain Drug Stores (NACDS) said Friday. The Drug Enforcement Administration (DEA) and its partners showcase this

SDM and Smile Direct Club launch pilot

SDM and Smile Direct Club launch pilot

TORONTO — Shoppers Drug Mart has announced a pilot launch with SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, to offer the brand’s signature SmileShop experience in two Ontario locations. Shoppers Drug Mart is the first pharmacy retailer in Canada to offer SmileShops, including an East Mall location in Etobicoke and

UPS and CVS Health to explore drone delivery options

UPS and CVS Health to explore drone delivery options

WOONSOCKET, R.I. — UPS and CVS Health announced they have agreed to develop a variety of drone delivery use cases, including business-to-consumer operating models. The program will include delivery of prescriptions and retail products to the homes of CVS Pharmacy customers from its retail stores, in addition to other potential use cases from its other business

Opioid defendants reach settlement to avoid trial

Opioid defendants reach settlement to avoid trial

CLEVELAND — According to published reports, Teva Pharmaceutical Industries, McKesson Corp., AmerisourceBergen and Cardinal Health have all reached a last-minute settlement with two Ohio counties over their alleged role in the opioid crisis there. The settlement will enable the companies to avoid a trial in Cleveland that was to start on Monday. According to the Washington

Walgreens makes first drone delivery

Walgreens makes first drone delivery

CHRISTIANSBURG, Va — Walgreens on Friday afternoon made its first on-demand drone delivery. The retailer’s initial “store to door” drone shipment went to locals Michael Collver and his wife Kelly, who received a cough and cold pack complete with Tylenol, Halls cough drops, tissues, Emergen-C and bottled water. “Usually, every time you need something like

Centene, Walgreens and RxAdvance partner

Centene, Walgreens and RxAdvance partner

DEERFIELD, Ill. – Centene Corp., Walgreens and RxAdvance announced on Thursday a strategic partnership to introduce an innovative model for pharmacy management that aims to increase transparency, enhance customer experience and ultimately result in better health outcomes at lower costs. The partnership builds upon an existing Centene and Walgreens relationship, leveraging Walgreens trusted retail pharmacy

Walgreens collects over 885 tons of unwanted meds

Walgreens collects over 885 tons of unwanted meds

DEERFIELD, Ill. – Walgreens announced Wednesday its first of its kind safe medication disposal kiosk program has collected and safely disposed of more than 885 tons – the combined weight of about 350 pickup trucks – of unwanted prescriptions, including controlled substances and other medications, as of Aug. 31, 2019. Walgreens said it continues to

John Furner named to lead Walmart U.S.

John Furner named to lead Walmart U.S.

BENTONVILLE — Walmart said Thursday that John Furner will become the president and chief executive officer of Walmart U.S., effective November 1. John Furner Furner, who currently serves as president and CEO of Sam’s Club, will succeed Greg Foran, who has led Walmart U.S. for five years. Foran is leaving Walmart to become CEO at

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