August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
DEERFIELD, Ill. — Express Scripts Inc. customers will again fill prescriptions at Walgreen Co. pharmacies. The two companies have announced an end to the contract dispute that has left Express Scripts plan members unable to get their scripts at Walgreens since January 1. Their multiyear agreement includes rates and terms under which Walgreens will participate
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
SIOUX FALLS, S.D. — Lewis Drugs, one of America’s most successfully innovative drug chains, is celebrating its 70th anniversary. The first Lewis drug store — the first self-service drug store to open its doors in the Upper Midwest — rang up its first sale in February 1942 in downtown Sioux Falls. Today, 32 drug stores
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
PLYMOUTH, Minn. — As community pharmacies across the country continue to search for ways to drive patient compliance, Thrifty White Pharmacy has introduced what it calls the HealthyPackRx. Executives explain that with HealthyPackRx maintenance medications are organized into individual packages labeled with the medication, date and time to be taken, making it easier for patients
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
LAS VEGAS — As one of the nation’s largest providers of health care services, McKesson Corp. stands at the nexus of health care delivery, an enviable vantage point from which to observe and help shape the rapid evolution of the way Americans access, receive and pay for care. Brian Tyler, a 15-year McKesson veteran who
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
RALEIGH, N.C. — Kerr Drug vice president of pharmacy and government affairs Mark Gregory has been promoted to senior vice president of store operations. In his new position Gregory and will oversee the company’s district operational teams. “Mark has extraordinary depth of intellect and experience in every facet of community pharmacy, from educational and legislative
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
DEERFIELD, Ill. — Walgreen Co. has tapped former McDonald’s Inc. chief executive officer James Skinner to serve as its new nonexecutive chairman. Skinner, who has served on Walgreens’ board of directors since 2005, succeeds Alan McNally in that post. McNally served as the Walgreens board’s first lead director, beginning in January 2008. He later served
August 10, 2012 by Richard Monks and Chain Drug Review
American Express, credit card settlement, debit cards, Joseph Saunders, Mallory Duncan, MasterCard, National Retail Federation, NRF, swipe fees, Target Corp., Visa, Walmart
Issue 08-13-2012, News
NEW YORK — After credit card companies and some of the nation’s largest banks agreed to pay more than $7 billion to settle a price-fixing case dealing with swipe fees, the future of the deal was put in jeopardy when several retailers objected to the terms of the pact. The settlement must still be approved
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
WASHINGTON — Trade associations representing thousands of retailers have thrown their support behind proposed federal legislation that would require online merchants and other remote sellers to collect sales tax. The National Association of Chain Drug Stores, the National Retail Federation (NRF) and the Retail Industry Leaders Association all say the Marketplace Fairness Act that was
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
CHICAGO — Walgreen Co. has launched a pilot program that will allow patients to make appointments at some of the retailer’s Take Care Clinics via their smartphones. The iTriage mobile application, available for iPhones and Android phones, is designed to help consumers identify symptoms, learn more about medical conditions and access a nationwide directory of
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
NEW YORK — Duane Reade, which has purchased 14 electric trucks in a bid to reduce the air and noise pollution associated with store deliveries, is asking its customers where they should be deployed. The new electric vehicles will replace nearly 25% of the retailer’s truck fleet. To determine which stores should be among the
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
WATERBURY, Conn. — For most of her 62 years, Deborah Klein has lived a relatively comfortable life. She raised two children, held down a career and considered herself a productive member of society. But in 2005, her fortunes began to change. She was laid off from her $80,000-a-year job but managed to find a series
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, News
August 10, 2012 by Chain Drug Review
Issue 08-13-2012, Opinion
It’s been an interesting summer for chain drug retailing. Here, in no particular order, are the season’s most interesting events: • Walgreens merged — if that’s the appropriate word — with Alliance Boots by acquiring a 45% interest in the world’s leading drug retailer/wholesaler. The word “leading” needs to be explained here. It is not