October 21, 2011 by Chain Drug Review
Issue 10-24-2011, News
Katz Group Canada/Rexall chief development officer Warren Jeffery will retire at the end of this month. Jeffery, who has also been serving as interim chief merchandising officer, is set to step down on October 31 after close to seven years with the company, including a stint as chief operating officer for the Rexall corporate store
October 21, 2011 by Chain Drug Review
Issue 10-24-2011, News
CHARLOTTE, N.C. — Recognizing burgeoning demand for men’s grooming products, Procter & Gamble Co. (P&G) and a CVS/pharmacy unit here have created a prototype “Guy Aisle.” The new section includes razors, shaving creams and gels, body wash, aftershave, deodorants, antiperspirants, and some hair care products under the Gillette, Old Spice and Head & Shoulders brand
October 21, 2011 by Chain Drug Review
Issue 10-24-2011, News
NEW YORK — A Rite Aid Corp. flu shot event in Grand Central Terminal earlier this month helped inoculate hundreds of city residents against illness and raised money for charity. For every flu shot given during the two-day “Rite Aid Shield Yourself, New York” event October 5 and October 6, the drug chain donated $3
October 21, 2011 by Chain Drug Review
Issue 10-24-2011, News
ALEXANDRIA, Va. — The Academy of Managed Care Pharmacy (AMCP) has named former National Association of Chain Drug Stores executive Edith Rosato chief executive officer. She succeeds Judith Cahill, who earlier this year announced that she would be retiring after 16 years as top executive at AMCP. During her 11 years at NACDS Rosato held
October 19, 2011 by Chain Drug Review
Issue 09-26-2011, News
In recent years homeopathic products have entered many drug store categories, including cold and allergy, baby care, pain relief, feminine care, and ear care. In a retail pharmacy setting homeopathic over-the-counter combination formulations are used to relieve the symptoms associated with a particular condition, such as colic, teething pain, earaches, muscle aches and pains, sprains,
October 19, 2011 by Chain Drug Review
Issue 08-08-2011, News
The at-home diagnostics category is exploding. The category generated more than $190 million in sales in food, drug and mass outlets (excluding Walmart) during the 52 weeks ended May 15, according to SymphonyIRI Group Inc. data. And while many categories have seen only modest increases during the slow economic recovery, at-home diagnostics has experienced a
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
WOONSOCKET, R.I. — Mike Bloom has left CVS Caremark Corp. to become president and chief operating officer of Family Dollar Stores Inc. Bloom had been executive vice president of merchandising and supply chain at CVS Caremark. With his departure, Ron Link, senior vice president of logistics, and Richard Widdowson, vice president of inventory replenishment, will
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
DEERFIELD, Ill. — Walgreen Co. has restructured its marketing and merchandising staff in a bid to foster a more integrated approach to the two disciplines and intensify the drug chain’s customer focus. A major component of the realignment was the elimination of the chief marketing officer’s role. As a result, Kim Feil, a vice president
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
WASHINGTON — Leading consumer groups have warned of the “potential for significant consumer harm” from a proposed merger of Express Scripts Inc. and Medco Health Solutions Inc. In a letter to the Federal Trade Commission, advocacy groups including the Consumers Union, Consumer Federation of America, National Consumers League, U.S. PIRG and the National Legislative Association
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
Pay attention. The origin of the following is the Centers for Medicare and Medicaid Services (CMS). It is now nearing six years since the beginning of Medicare Part D. Development of a system to use Quality Based Payments for Quality Based Patient Outcomes is nearing reality. Imagine a Medicare Advantage Plan that includes drug benefits
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
CHEMUNG, N.Y. — CVS Caremark Corp.’s new distribution center here will bring 600 jobs to New York’s southern tier while fostering the company’s ongoing expansion, president and chief executive officer Larry Merlo said at a grand opening ceremony. The 751,000-square-foot warehouse, which will serve hundreds of northeastern stores, is vital to the company’s growth, Merlo
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
CAMP HILL, Pa. — As Rite Aid Corp. drives forward with the rollout of one new store format, it has decided to put the brakes on another. President and chief executive officer John Standley said the company is pulling the plug on any expansion plans for its co-branded Save-A-Lot/Rite Aid pharmacy and grocery stores. Rite
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
CAMP HILL, Pa. — Rite Aid Corp. has introduced wellness+ for diabetes, a free program that offers exclusive resources and savings to people living with diabetes and their caregivers. Through Rite Aid’s collaboration with WebMD, customers enrolled in wellness+ for diabetes get 24/7 online access to WebMD’s Diabetes head2toe lifestyle management tools. The tools include
October 10, 2011 by Chain Drug Review
Issue 10-10-2011, News
NORTH BETHESDA, Md. — Len DeMino, who spent over half a century involved in community pharmacy, died last month. He was 81. After receiving a pharmacy degree in 1956 from George Washington University, DeMino began a long, distinguished career as a pharmacist and industry advocate in 1958 with Washington, D.C.-based Peoples Drug Stores. He eventually