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AmerisourceBergen becomes Cencora

AmerisourceBergen becomes Cencora

CONSHOHOCKEN, Pa. — Cencora, Inc. today announced the completion of its name and stock ticker change from AmerisourceBergen Corporation, marking the latest stage of the company’s evolution as a leader in global pharmaceutical services. Cencora will begin trading under the new ticker symbol “COR” on the New York Stock Exchange at the open of the

WBA aligning varied assets for health care synergies

WBA aligning varied assets for health care synergies

DEERFIELD, Ill. — Walgreens Boots Alliance has spent the last several years assembling the components of a vast health care ecosystem, one that promises to enhance patient access, improve outcomes and lower overall costs. Today the company is aligning those assets — which include CareCentrix, a platform that coordinates care delivered in the home; Shields

CVS Health launches Cordavis

CVS Health launches Cordavis

WOONSOCKET, R.I. — CVS Health has launched Cordavis, a wholly owned subsidiary that will work directly with manufacturers to commercialize and/or co-produce biosimilar products (an FDA approved biologic medication that is highly similar to, and has no clinically meaningful differences from, a biologic medicine already approved by the FDA) for the U.S. pharmaceutical market. The

Wellness Day at Walmart rings in school year

Wellness Day at Walmart rings in school year

BENTONVILLE, Ark. – More than 4,600 Walmart pharmacies will host Wellness Day events on August 16, offering opportunities for families to prioritize their health ahead of a new school year with free screenings and affordable immunizations. Wellness resources will also be available as well as opportunities to talk to Walmart pharmacists about the upcoming flu

Walgreens unveils new vaccination and testing offerings

Walgreens unveils new vaccination and testing offerings

DEERFIELD, Ill. — Walgreens is offering in-store vouchers and off-site vaccination clinics through its employer vaccination program, and is rolling out a low-cost, 2 results in 1 test for flu and COVID-19 this fall respiratory virus season. These new services support insights gleaned from a recent consumer survey commissioned by Walgreens that reveals many prefer

Total Store Expo reimagines ‘what could be’ during NACDS’ 90th anniversary year

Total Store Expo reimagines ‘what could be’ during NACDS’ 90th anniversary year

SAN DIEGO — National Association of Chain Drug Stores chair Mike Wysong,  and president and CEO Steve Anderson, Sunday welcomed member retailers and suppliers to the NACDS Total Store Expo — the third conference in 2023 celebrating the association’s 90th anniversary year. Speaking at Sunday’s Business Program, Wysong and Anderson delivered a clear message: The

Walgreens and VillageMD expand to the Chicago area

Walgreens and VillageMD expand to the Chicago area

DEERFIELD, Ill.  – Walgreens Boots Alliance  (WBA) and VillageMD announced Thursday the opening of the first Village Medical at Walgreens primary care practice in the Chicago area. The practice is located at 641 Meacham Road, in Elk Grove Village, Ill. “At Village Medical, we partner with our patients to help them get well and stay

Video Forum: Justin Honaman, Amazon Web Services

Video Forum: Justin Honaman, Amazon Web Services

  In this week’s Video Forum, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services continues his discussion of generative AI. Honaman talks about how the technology will change the way retail and CPG executives go about their business; some of the challenges involved in implementing generative AI; and how

Amazon reports double-digit sales gains in Q2

Amazon reports double-digit sales gains in Q2

SEATTLE — Amazon.com Inc. reported net sales of $134.4 billion in the second quarter of fiscal 2023, an 11% increase compared to the same period in 2022 when net sales stood at $121.2 billion. Sales in North America totaled $82.5 billion for the quarter, up 11% versus the prior year period, while the company’s international sales

CVS beats Q2 revenue and profit forecasts

CVS beats Q2 revenue and profit forecasts

WOONSOCKET, R.I. — CVS Health topped Wall Street’s estimates for the top and bottom lines for the second quarter ended June 30. Revenue, driven by growth across segments, rose 10.3% to $88.9 billion, exceeding analysts’ forecast of an $86.45 billion. While adjusted earnings dipped 12.6% from the year-ago period to $2.21 per share, they beat

Video Forum: Justin Honaman, Amazon Web Services

Video Forum: Justin Honaman, Amazon Web Services

Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, tells this week’s Video Forum about how generative artificial intelligence will alter the retail and CPG industries. Among the topics Honaman addresses are the distinctions between artificial intelligence, machine learning and generative AI; how the new technology fits in with traditional

Chain Drug Review, Drug Store News and The Emerson Group join forces to honor NACDS’ 90th anniversary

Chain Drug Review, Drug Store News and The Emerson Group join forces to honor NACDS’ 90th anniversary

NEW YORK — In an unprecedented partnership, Chain Drug Review, Drug Store News, The Emerson Group and MMR are joining forces to celebrate the contributions of the National Association of Chain Drug Stores and community pharmacy retailers, as NACDS celebrates its 90th anniversary. The December issues of Chain Drug Review and Drug Store News will

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