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Rite Aid launches expanded rewards program

Rite Aid launches expanded rewards program

CAMP HILL, Pa. — Rite Aid Corp. has expanded its wellness+ loyalty program with the chainwide rollout of Plenti, the coalition rewards program that the drug chain joined earlier this year. Called wellness+ with Plenti, the free program is now open to current and new wellness+ members, who can sign up at any of Rite Aid’s

CVS Health gets 1Q boost from PBM

CVS Health gets 1Q boost from PBM

  WOONSOCKET, R.I. — Citing a strong performance by its pharmacy benefit management business, CVS Health posted a double-digit sales gain for the first quarter, with adjusted earnings topping Wall Street’s projections. CVS said Friday that net sales for the three months ended March 31 totaled $36.33 billion, up 11.1% from $32.69 billion a year earlier. Sales for CVS’ retail pharmacy business

April same-store sales gain at Rite Aid

April same-store sales gain at Rite Aid

CAMP HILL, Pa. — Rite Aid Corp. saw comparable-store sales rise in April despite a negative impact from the timing of this year’s Easter holiday. Rite Aid said Thursday that for the four weeks ended April 25, same-store sales grew 3% year over year, continuing the drug chain’s monthly comp-store sales gains in this calendar year. For March,

Bartell Drugs names Unmacht as new CEO

Bartell Drugs names Unmacht as new CEO

SEATTLE — Brian Unmacht has been appointed president and chief executive officer of Bartell Drugs, succeeding longtime CEO George Bartell as the head of the 125-year-old, family-owned drug chain. The Seattle drug chain said late Wednesday that Bartell, who has served as CEO for the past 25 years, will remain chairman. Also, Jean Bartell Barber will continue to serve

Wasson honored by NACDS with Fantle Award

Wasson honored by NACDS with Fantle Award

PALM BEACH, Fla. — Former Walgreen Co. president and chief executive officer Greg Wasson received the Sheldon W. Fantle Lifetime Achievement Award, the chain drug industry’s top honor, from the National Association of Chain Drug Stores last night at the NACDS Annual Meeting. Also on Tuesday evening, NACDS presented David Heist, director of industry affairs

Edeker brings fresh perspective to NACDS

Edeker brings fresh perspective to NACDS

WEST DES MOINES, Iowa — Although Randy Edeker is a relative newcomer to the National Association of Chain Drug Stores board of directors, he has already had an impact on the organization, one that will increase significantly this week when he becomes NACDS chairman. Edeker, as chairman, president and chief executive officer of food/drug combination

Industry Outlook: Drug chains to get a lift

Industry Outlook: Drug chains to get a lift

NEW YORK — Drug chains are leveraging their strengths of accessibility and convenience as they extend their core prescription drug business further into the health care realm and diversify their front-end mix. Industry observers say many of the people newly insured under the Affordable Care Act will turn to chain drug stores for their scripts

Anderson has NACDS moving in right direction

Anderson has NACDS moving in right direction

ARLINGTON, Va. — An apt symbol for what Steve Anderson’s leadership has meant to the National Association of Chain Drug Stores is certainly RxImpact Day. The annual event brings together pharmacy advocates in the nation’s capitol to meet with members of Congress and officials in the executive branch to help them better understand the essential

Jean Coutu Group connects with its customers

Jean Coutu Group connects with its customers

LONGUEUIL, Quebec — Through its ability to forge solid relationships with shoppers, both those in the pharmacy and those at the front end, the Jean Coutu Group has been able to retain loyal customers as well as attract new clientele, according to president and chief executive officer François ­Coutu. “Our patient profiles and the other

Fruth Pharmacy charts course for 2015 and beyond

Fruth Pharmacy charts course for 2015 and beyond

POINT PLEASANT, W.Va. — Fruth Pharmacy is pursuing a number of key objectives to evolve its business in both the pharmacy and front end for this year and beyond, according to chairman and president Lynne Fruth. “Our main priorities are expansion, development of efficient and effective clinical services (Medsync, centralized medication therapy management services, specialty

Teva offers to buy Mylan in $40 billion deal

JERUSALEM — Teva Pharmaceutical Industries Ltd. has made a bid to acquire Mylan N.V. in a cash-and-stock deal valued at about $40 billion. In announcing its offer Tuesday, Teva said its proposal is a more attractive option for shareholders of Mylan, which nearly two weeks ago made an unsolicited bid to buy Perrigo Co. plc

Kmart launches pharmacy rewards program

Kmart launches pharmacy rewards program

HOFFMAN ESTATES, Ill. — Sears Holdings Corp. has expanded its Shop Your Way loyalty program to offer pharmacy rewards at Kmart. The company said Monday that the new Shop Your Way Pharmacy Rewards Program gives members $10 back in points, or 10,000 points, for every five qualifying prescriptions filled in a rolling 12-month period at

WBA sees ‘a significant opportunity’ ahead

WBA sees ‘a significant opportunity’ ahead

  NEW YORK — Walgreens Boots Alliance Inc. has the size and scope to be “one of the companies that helps shape the future of health care, pharmacy and retail on a global basis,” executive vice president and acting chief executive officer Stefano Pessina said at the company’s Analyst Day event. Pessina detailed the progress