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Issue 12-17-2012

Walgreens opens 8,000th store

HOLLYWOOD, Calif. — Walgreen Co. has opened two more flagship stores in rapid succession, in a historic bank building in Chicago, and in Hollywood, Calif., at Sunset and Vine. Walgreens president and CEO Greg Wasson at the flagship store opening in Hollywood. The latter, besides being the chain’s first flagship outlet on the West Coast,

For 60 years, Fruth Pharmacy has met customers’ needs

POINT PLEASANT, W.Va. — As it celebrates its 60th anniversary, Fruth Pharmacy has remained true to its roots. Founded in 1952 by pharmacist Jack Fruth, the 26-store, family-owned drug chain has never wavered from its core mission of serving as a trusted health care provider to people in the rural communities of northwestern West Virginia

Many Rx customers unaware of loyalty programs

NEW YORK — Chain drug stores are on the leading edge in using loyalty cards to win and keep pharmacy customers, yet customer awareness of such programs could be greater, a study by Boehringer Ingelheim Pharmaceuticals reveals. The company’s Pharmacy Satisfaction Pulse survey — based on 20-minute online interviews of 34,424 adult pharmacy customers —

CVS reportedly set to buy Brazilian drug chain

SAO PAULO, Brazil — CVS Caremark Corp. may be on the verge of going international. The Woonsocket, R.I.-based pharmacy company is in advanced negotiations to buy a controlling interest in Onofre, a chain drug store operator in Brazil, according to the Valor Economico newspaper. The publication reports that CVS Caremark will pay 650 million Brazilian

Fiscal cliff a peril for retailers

WASHINGTON — The White House and congressional Republicans remained far apart on a plan for avoiding the automatic tax increases and spending cuts known as the “fiscal cliff” earlier this month, even as the consequences of not coming to an agreement came into sharper focus. A White House report, “The Middle-Class Tax Cut’s Impact on

Implementation of health care reform on track

WASHINGTON — As 2012 draws to a close, numerous developments in health care reform continue to occur.   Health and Human Services Secretary Kathleen Sebelius must decide by January 1 which states are capable of running their own health insurance exchanges. States had until the middle of this month to decide whether they wanted to

Pharmacists receive high marks on trust

ALEXANDRIA, Va. — Gallup Inc.’s annual Honesty and Ethics survey reveals that pharmacists rank second only to nurses as the most trusted professionals. Of 1,015 U.S. adults polled, 75% rated pharmacists "very high" or "high" in terms of honesty and ethics. That put pharmacists at No. 2 of the 22 professions examined, behind nurses (85%

Cognetti to take on bigger role at Kinney

GOUVERNEUR, N.Y. — Kinney Drugs vice president of marketing Jim Wuest is set to retire at the end of the year, at which time vice president of merchandising Rick Cognetti will be promoted to vice president of marketing and ­merchandising. Kinney executives say that Wuest, who joined the 95-store regional chain in 2006, has been

Coutu buys 50% stake in Medicus

LONGUEUIL, Quebec — Jean Coutu Group Inc. has agreed to acquire a 50% share of Le Groupe Medicus Inc., a company that specializes in orthotics and prosthetic devices. Financial terms of the deal were not disclosed. “Medicus fits with our development strategy and is an interesting expansion of our core business,” Jean Coutu president and

Rite Aid offers Denise Austin fitness line

CAMP HILL, Pa. — Rite Aid Corp. stores have become the exclusive carriers of Forever Fit, a new line of home fitness products developed by fitness expert Denise Austin. The 33-product fitness equipment collection is described as an entirely new approach to fitness that focuses on maintaining and improving one’s health and wellness to accomplish

New headquarters for NACDS

ARLINGTON, Va. — The National Association of Chain Drug Stores has moved its corporate office. The trade association relocated its headquarters on December 3 to 1776 Wilson Blvd., Suite 200, in Arlington, Va. All office and staff telephone and fax numbers have remained the same. NACDS says the relocation will allow better collaboration among its

Kerr’s Chater takes position at RxAlly

LEESBURG, Va. — Rebecca Chater has joined pharmacy alliance RxAlly as vice president of health outcomes. In the new role, Chater will provide leadership and clinical management of RxAlly solutions as well as integrate business development with clinical staff and operations. Most recently, Chater was executive vice president at Kerr Health, the health services arm

CACDS hears update on rising consumer confidence

TORONTO — Canadian consumer confidence, at 92, is now just below the 94 level scored at the end of the second half of 2007 and again in the first quarter of this year. This was the encouraging figure reported by Carman Allison, director of industry insights at Nielsen Canada, to the delegates attending the Canadian

Canadian pharmacies grapple with big transition

TORONTO — The recent legislative and policy changes empowering Canadian pharmacists to offer new patient services and interventions represent challenge as well as opportunity for community pharmacy, said Justin Bates, vice president of Pharmacy Affairs for the Canadian Association of Chain Drug Stores (CACDS). Other industries have successfully met that challenge of adding a substantial