BOISE, Idaho — Albertsons Cos. announced last month that Vivek Sankaran, chief executive officer of PepsiCo Foods, North America, has been named the retailer’s new president and CEO, effective April 25. Jim Donald, currently the company’s president and CEO, will continue as co-chairman of the board, while Leonard Laufer will serve as the other co-chairman.
WOONSOCKET, R.I. — CVS Pharmacy is now offering prescription delivery within hours at the majority of its stores in addition to one- to two-day delivery. The new service, from Shipt, is available at 6,000 CVS locations across the country, giving patients a faster and even more convenient way to get their medications. “Today we’ve taken
CAMP HILL, Pa. — The search is on for a new chief executive officer at Rite Aid Corp. The chain last month announced a leadership transition and organizational overhaul to better align its structure with operations and reduce costs. As part of the transition, which follows two aborted mergers, John Standley will step down as
IRVING, Texas — Registration is now open for McKesson ideaShare in Orlando from June 26–30, 2019. Pharmacists, pharmacy owners and pharmacy technicians have the chance to register until May 24 for this premier event. More than 2,000 independent pharmacies will come together to make meaningful connections, share expertise, and strengthen the future of independent pharmacy. “For more than 35
WASHINGTON — The Consumer Healthcare Products Association (CHPA) awarded its Ivan D. Combe Lifetime Achievement Award Monday to longtime industry leader Tim Hayes. The annual award is the highest honor bestowed by the U.S. consumer healthcare industry recognizing the outstanding work and contributions of individuals whose actions have created a lasting impact on the people and
DEERFIELD, Ill. — Walgreens this month launched Feel More Like You, a first-of-its-kind pharmacy, health and beauty service available at no cost to help people living with cancer manage the medical and physical changes associated with cancer treatment. The national launch at more than 3,000 Walgreens stores follows a successful 100-store pilot program that began
VALLEY FORGE, Pa. — The AmerisourceBergen Foundation has committed $25,000 to support relief efforts in communities affected by the tornadoes that recently swept through the Southeast United States. The foundation has made a donation to the Community Foundation of East Alabama, a regional organization focused on identifying community needs, solving regional issues and improving the
WOONSOCKET, R.I. — CVS Health has named a new chief information officer tasked with integrating its information technology and data with IT systems used by Aetna, which the company acquired last year. Roshan Navagamuwa, who over the past year served as interim CIO, was named executive vice president and CIO of the combined health industry
WASHINGTON — The National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have praised a bipartisan Senate letter to Health and Human Services Secretary Alex Azar. The letter thanked the secretary for concepts in the Centers for Medicare and Medicaid Services’ (CMS’) proposed rule, Modernizing Part D and Medicare Advantage to
PALM BEACH, Fla. — The National Association of Chain Drug Stores’ campaign-style approach to the issues crucial for pharmacy value and viability dominated this month’s opening session of the 2019 NACDS Regional Chain Conference. NACDS’ top-priority issue of direct and indirect remuneration (DIR) fee reform headlined the discussion of the association’s “Access Agenda” — which
CAMP HILL, Pa. — Last month Rite Aid Corp. announced that its board of directors has approved a reverse stock split of the company’s common stock. The reverse stock split is intended to enable Rite Aid to regain full compliance with the New York Stock Exchange listing rules. The split is subject to stockholder approval.
WEST DES MOINES, Iowa — To assist in combatting the national opioid epidemic, Hy-Vee Inc. has implemented a new controlled substance prescription policy. Since January 1, Hy-Vee pharmacies have not allowed a subsequent fill of a Schedule II controlled substance, or a refill of a Schedule III or Scheduled IV controlled substance more than 72
WOONSOCKET, R.I. — CVS Pharmacy has expanded the responsibilities of Judy Sansone, the chain’s senior vice president of front-store business and chief merchant. In addition, George Coleman has been promoted to senior vice president of merchandising, reporting to Sansone. He had been vice president of merchandising for consumer health care. Sansone’s team will be responsible
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care. The companies will combine the power of Microsoft Azure, Microsoft’s cloud and artificial intelligence platform, health care investments, and new retail solutions