Wendy future of retail top

Issue 11-08-2010

Rexall’s new format designed to foster healthy living

MILTON, Ontario — Executives at Katz Group say the company’s six Rexall Healthy Living stores are aimed at “helping Canadians live their healthiest.” The newest of those drug stores opened here last month and is the third Rexall Healthy Living unit in the Toronto area. The others are in Calgary, Alberta, and Kelowna, British Columbia.

Walgreens said to be eyeing sale of PBM

DEERFIELD, Ill. — Published reports late last month said Walgreen Co. is looking to sell its pharmacy benefit management (PBM) business and has hired an adviser to run an auction. Citing people with knowledge of the matter, several news agencies said the drug chain has hired Bank of America Corp. to handle the sale of

Jaeger becomes CEO of NCPA

ALEXANDRIA, Va. — The National Community Pharmacists Association (NCPA) has turned to a trade association veteran with a proven track record to lead it into the future. Former Generic Pharmaceutical Association (GPhA) president and chief executive officer Kathleen Jaeger was named NCPA executive vice president and chief executive officer at the association’s 112th Annual Convention

Kerr Drug sees another approach to pharmacy

RALEIGH, N.C. — While national drug chains are successful at what they do, there is another approach to pharmacy, says Kerr Drug president and chief executive Tony Civello. That approach is exemplified by Kerr’s forward-looking Community Healthcare Center in Chapel Hill, N.C., which emphasizes clinical pharmacy over prescription fulfillment. Pharmacists at the store and other

Pharmacy services in the spotlight at Kinney

GOUVERNEUR, N.Y. — Kinney Drugs has seen a spike in the number of patients using its extensive roster of pharmacy services since the 92-store chain began promoting the offerings last month, executives say. While most of the services — including immunizations, medication therapy management, automatic refills, compliance programs and home delivery of prescriptions — have

Importance of Rx adherence recognized

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has hailed an article in the Journal of the American Medical Association (JAMA) as further validation of the need for public policy to embrace pharmacists’ expertise in helping patients take their medications correctly. The association says the article supports its ongoing campaign to raise awareness

Drug chains gear up for diabetes month

NEW YORK — Drug chains and their business partners are providing unique programs and services in recognition of American Diabetes Month. CVS Caremark Corp.’s MinuteClinic health clinic subsidiary, for example, has teamed up with Bayer Diabetes Care to offer free A1c tests at its clinics in select CVS pharmacies nationwide through November 25. “Our goal

Walgreens, Epocrates join forces

DEERFIELD, Ill. — The Walgreens Prescription Savings Club (PSC), a formulary of more than 8,000 branded and generic medications, is now accessible to doctors and other prescribing health care providers through a partnership between Walgreen Co. and Epocrates Inc. The initiative uses the health information technology provider’s mobile and online drug reference tools to help

CVS Caremark gives customers new tool with iPhone app

WOONSOCKET, R.I. — CVS Caremark Corp. has launched an application for customers using Apple Inc.’s iPhone and other mobile devices. Available as a free, downloadable application from iTunes and the Apple App Store, the CVS iPhone application gives customers access to the same features that are available through the CVS web site. Users of the

Supervalu chain purchases six Rinderer’s stores

KIRKWOOD, Mo. — Super­valu Inc.’s Shop ’n Save food and drug chain has acquired Rinderer’s Drug Stores Inc. The deal for the six-store drug chain will see Shop ’n Save incorporate three Rinderer’s units into its store base, bringing its total number of community pharmacies in the St. Louis and Springfield, Ill., markets to 34.

Retail merchants who understand the game

In the mass retailing firmament, the retailer is king. For industry suppliers, a primary objective is getting close to the retail merchants who make the key decisions affecting their products. There’s no new news in the previous paragraph. Since the advent of mass retailing, as the stakes have risen with the growth of retail chains

R&D may be casualty as Rx makers retrench

If a new survey of pharmaceutical executives whose companies account for more than 40% of the industry’s global revenue is any indication, an era characterized by a remarkable level of innovation may be drawing to a close. Conducted by Roland Berger Strategy Consultants, the research shows that 65% of the companies involved are rethinking their

Centrum 7/6  banner