October 19, 2011 by Chain Drug Review
Issue 09-26-2011, News
In recent years homeopathic products have entered many drug store categories, including cold and allergy, baby care, pain relief, feminine care, and ear care. In a retail pharmacy setting homeopathic over-the-counter combination formulations are used to relieve the symptoms associated with a particular condition, such as colic, teething pain, earaches, muscle aches and pains, sprains,
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
OAK PARK, Ill. — A new store concept from Walgreen Co. brings the future of pharmacy into the present. At 17 locations in the Chicago area Walgreens is piloting a format that transforms the traditional drug store pharmacy department into a neighborhood health center — in both practice and design. On an industry level, the
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
DEERFIELD, Ill. — Walgreens plans a major store pilot in Indianapolis as it experiments with various concepts in transitioning its drug stores into “health and daily living” stores. By the end of this year the drug chain expects to finish conversions of 75 stores in the Indianapolis area that will reflect its new, community-driven approach
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
MISSISSAUGA, Ontario — Andy Giancamilli, who for the past eight years has kept Katz Group Canada Ltd. in the forefront of efforts to secure a bigger role in health care for community pharmacy, will retire as the company’s chief executive officer on February 2. He will be succeeded by chief operating officer Frank Scorpiniti, who
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
WASHINGTON — The Federal Trade Commission’s request for more information on the planned merger of Express Scripts Inc. and Medco Health Solutions Inc. has opponents hoping the deal will be scuttled. Express Scripts says it expected the FTC’s request, and both companies have vowed to work with the agency. Express Scripts and Medco say they
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
WASHINGTON — Community pharmacy advocates say that the “super committee” on deficit reduction should collaborate with community pharmacy on reducing health care costs while maintaining patient access to prescription drugs and pharmacy services. In a letter sent to the 12-member committee this month, the National Association of Chain Drug Stores highlights the accessibility of local
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
CAMP HILL, Pa. — Rite Aid Corp. has joined forces with the health care information provider OptumHealth to give customers in greater Detroit what the drug chain says is “the latest in quality, convenient online health care.” The effort is centered on what the two companies are calling NowClinic Online Care services that are available
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
SIOUX FALLS, S.D. — Regional chains such as Lewis Drugs are making important contributions to the transformation of retail pharmacies into true community health care centers. This week the 32-store chain, which operates in South Dakota, Minnesota and Iowa, will hold the latest installment in its annual series of flu shot clinics in Sioux Falls.
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
MIAMI — Navarro Discount Pharmacy has expanded its management team, bringing in Luis Mier as chief financial officer and promoting Manuel Leon to vice president of wholesale and over-the-counter programs. “With the addition of these executives to our management team, we continue to focus on implementation of our three-year expansion strategy and the overall growth
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
NEW YORK — Drug chains posted strong results last month, although anemic sales in other retail channels suggest consumers remain reluctant to spend any more than necessary. Walgreen Co. recorded volume of $6.1 billion, up 7.8% over August 2010. Total front-end sales climbed 6.8%, and comparable front-end sales rose 4.8%. Customer traffic in comparable stores
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, News
RICHMOND, Va. — A federal appeals court here has dismissed two cases challenging the 2010 health care reform law, ruling the plaintiffs did not have grounds to sue. Two of the three judges on the panel said they would have upheld the law if they had been able to rule on the suits’ merits. Other
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, Opinion
Not in recent — or even distant — memory has a mass retailer tapped an outsider to head up its executive ranks. Yet that’s what is about to happen, on October 1, when Mark Cosby officially becomes president of the CVS/pharmacy unit of CVS Caremark. It is a daunting assignment. Depending on how one calculates
September 23, 2011 by Chain Drug Review
Issue 09-26-2011, Opinion
When Andy Giancamilli steps down as chief executive officer of Katz Group Canada at the beginning of February, his move to an advisory role at the company will mark the end of a career in community pharmacy that exemplifies what the profession means for the people who practice it and the patients it serves. For