May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
PALM BEACH, Fla. — Shaping public policy is vital to improving patient outcomes, Bob Narveson said in his first remarks as chairman of the National Association of Chain Drug Stores. Speaking at the NACDS Annual Meeting, the president and chief executive officer of Thrifty White Pharmacy urged association members to participate actively in realizing community
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
PALM BEACH, Fla. — Three years before the Affordable Care Act was enacted in 2010, CVS Caremark Corp. began to position itself to respond to the changes that are currently transforming the health care system. The merger that brought together the nation’s second-largest drug chain and No. 3 pharmacy benefits manager (which has since become
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
WILLIAMSVILLE, N.Y. — Rite Aid Corp.’s “wellness store” concept has reached a milestone. The drug chain said it has converted almost 100 stores in the greater Buffalo, N.Y., area to the wellness format, making that market the first to have the concept for most of its stores. “On a percentage basis, it’s the biggest concentration
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
LANGLEY, British Columbia — After almost a year without a chief executive officer, Pharmasave Drugs has named former grocery executive Carmen Churcott as its CEO. Churcott, who spent the previous 15 years with Overwaitea Food Group and was most recently that company’s vice president of e-commerce, technology and communications, took the reins at the 485-store
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
NEW YORK — Beginning last August on roughly a monthly basis, Chain Drug Review explored in some detail the findings of an annual survey on pharmacy customer satisfaction conducted for Boehringer Ingelheim Pharmaceuticals Inc. The results of the latest poll, conducted in October and November 2012, have now been released in the latest Pharmacy Pulse
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
WASHINGTON — The National Association of Chain Drug Stores has hailed the Senate for passing legislation establishing Internet sales taxes. The Marketplace Fairness Act passed the Senate this month in a 69-to-27 vote. “This legislation would modernize sales tax policy to reflect the marketplace as it exists today,” NACDS president and chief executive officer Steve
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
ARLINGTON, Va. — The National Association of Chain Drug Stores has joined forces with advocates for patients, providers and health plans in an alliance designed to highlight the role pharmacy can play in improving wellness and curbing health care costs. The newly formed “Prescriptions for a Healthy America: A Partnership for Advancing Medication Adherence,” says
May 20, 2013 by Chain Drug Review
Issue 05-20-2013, News
MIAMI — Navarro Discount Pharmacy has opened its 33rd store. Executives say the 10,000-square-foot store, located on NW 7th Street in Miami, will target Hispanics from the Dominican Republic, Puerto Rico and Cuba, offering such unique offerings as Latino hair care products, beer and nectar drinks. In addition, Navarro’s signature products for Hispanics also available
May 17, 2013 by Chain Drug Review
Issue 05-20-2013, News
NEW YORK — Two of the industry’s largest drug wholesalers said last month that CVS Caremark Corp. will continue to be their customer. McKesson Corp. and Cardinal Health Inc. announced in late April that the Woonsocket, R.I.-based chain has agreed to renew its relationship with them for the next several years. “We are extremely pleased
May 17, 2013 by Chain Drug Review
Issue 05-20-2013, News
WASHINGTON — The vast majority of the country will be unaffected by the implementation of the Affordable Care Act next year, president Barack Obama says. “The main message I want to give to the American people here is — despite all the hue and cry and ‘sky is falling’ predictions about this stuff — if
May 17, 2013 by Chain Drug Review
Issue 05-20-2013, Opinion
One of the overlooked events at the recently concluded Annual Meeting of the National Association of Chain Drug Stores was the departure, after a year of service, of Walgreens chief executive Greg Wasson as NACDS chairman. At the meeting’s conclusion Wasson handed that assignment to Bob Narveson, chief executive of the Thrifty White drug chain
May 17, 2013 by Chain Drug Review
Issue 05-20-2013, Opinion
A recent spate of studies about different aspects of health care, while embodying many contradictions, points to a period of ferment, the likes of which has not been seen since Medicare and Medicaid were put in place during the Johnson administration in the mid-1960s. The IMS Institute for Healthcare Informatics reports that, for the first
May 17, 2013 by Chain Drug Review
Issue 05-20-2013, Opinion
What should retailers do when the best-prepared plans still lead to the question, “Where are all the customers?” Here’s what to do: Prepare some new plans. For the past decade Walmart and its investors have been wringing their hands about the company’s lackluster comparable-store sales, with some blaming the economy and others citing stiffer competition