October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
NEW YORK — Problems have continued to plague the rollout of the health insurance exchanges under the Affordable Care Act. Millions of people have been unable to enroll in health plans through the online exchanges, while others have found they lack tools for comparing policies and determining coverage and network providers. That has been true
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
WASHINGTON — The Affordable Care Act emerged relatively unscathed from the bruising budget battle as Republicans in the House of Representatives buckled and a compromise proposal approved in both the Senate and House was signed by President Obama. The resolution ended a budget crisis that triggered a 16-day federal government shutdown that cost the economy
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
WOONSOCKET, R.I. — CVS/pharmacy has brought the weekly ad circular into the digital age. In leveraging the data yielded by its ExtraCare loyalty card program, the company is now delivering a personalized version, dubbed “myWeekly Ad,” geared to individual shoppers. Customers who sign up for myWeekly Ad will no longer need to browse the paper
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
Shortly after the arrival of Alex Gourlay to assume his duties as president of Walgreen Co.’s daily living business at the start of the month, he announced adjustments to marketing and merchandising duties designed to simplify and coordinate the retailer’s strategic direction going forward.
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
SACRAMENTO, Calif. — California lawmakers have agreed that pharmacists should be considered health care providers, passing legislation earlier this month that authorizes pharmacists to provide additional services. The law, signed by Gov. Jerry Brown on October 2, becomes effective on January 1. Under the law pharmacists with specialized training will be recognized as “advanced practice
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
BENTONVILLE, Ark. — Walmart plans to open more small stores than Supercenters in the coming year, company officials told analysts this month. That marks a first for the quintessential big-box retailer, which believes that it can wring more growth out of mature markets by taking more sales away from drug stores, dollar stores and supermarkets.
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
MISSISSAUGA, Ontario — Rexall Pharma Plus has added two seasoned executives to its management team. Mary Kelly has been named executive vice president and chief merchandising officer at the 436-unit chain, reporting directly to chief executive officer Frank Scorpiniti. Kelly comes to Rexall with 26 years of experience in both Canada and the United States.
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
WADSWORTH, Ohio — Ritzman Pharmacies Inc. has purchased five-store Mast Pharmacy. Ritzman picked up outlets in Sugarcreek, Berlin, Millersburg, Shreve and Wooster, Ohio, giving it a total of 25 full-service pharmacies in northeastern and central Ohio. The Ritzman locations include 11 pharmacies in Buehler’s Fresh Foods Market supermarkets. Ritzman acquired the Buehler’s in-store pharmacies in
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
LONGUEUIL, Quebec — The Jean Coutu Group has announced a share repurchase plan and a special onetime dividend to return as much as $502 million (Canadian) in cash to shareholders. The share repurchase offer covers 22 million Class A subordinate voting shares without par value, at a price of $18.50 per share. The onetime dividend
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
NEW YORK — Duane Reade is conducting a Halloween-themed social media marketing campaign to promote its store brand hosiery products. The “Boo-tiful Legs” contest calls for entrants to upload original photos of themselves wearing Duane Reade brand hosiery via a dedicated Facebook page. The contest will run through November 3. Ten first prize winners will
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
FLINT, Mich. — Diplomat Specialty Pharmacy has rolled out a new brand identity that executives say helps take the company in a new direction. “In our desire to fully serve our patients and our industry, we have become more,” co-founder and chief executive Phil Hagerman says about the effort that will see the company shorten
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
DEERFIELD, Ill. — The 2012-2013 flu season was the most severe in a decade, according to a new study from Walgreen Co. The report also reveals that many people delayed getting flu shots until November or even later, even though vaccine was available as early as August 2012. The study, titled “Walgreens Flu Impact Report,”
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
MISSISSAUGA, Ontario — Rexall Pharma Plus is once again making it convenient for Canadians to receive flu shots, offering vaccinations at all of its stores. People can get the shots at any Rexall store at any time, with no appointment needed. “Pharmacies are the face of neighborhood health care that can provide quick and convenient
October 25, 2013 by Chain Drug Review
Issue 10-28-2013, News
DEERFIELD, Ill. — Walgreen Co. is introducing a suite of financial services called Balance Financial that are integrated with its Balance Rewards customer loyalty card. The program has been designed to provide low-cost financial services to customers, including those without traditional bank accounts. The Balance Financial services are built around a new Balance Financial Prepaid