February 10, 2011 by Chain Drug Review
Issue 02-14-2011, News
BENTONVILLE, Ark. — With a growing number of the industry’s largest drug chains putting more emphasis on food, last month’s announcement by Walmart that it will reduce salt and sugar in its processed products in the next five years and lower the price of its fruit and vegetables is likely to be a game changer.
February 10, 2011 by Chain Drug Review
Issue 02-14-2011, News
BOULDER, Colo. — Pharmaca Integrative Pharmacy has become this city’s only pharmacy using solar power. The drug store chain installed 20 panels on the awning of its downtown store at 1647 Pearl St. in Boulder, Colo. The panels were installed by Boulder-based Independent Power Systems (IPS) and will generate around 5,400 kilowatt hours (kWh) per
January 20, 2011 by Chain Drug Review
Issue 01-17-2011, News
NEW YORK — Accompanying the sweeping changes augured by health care reform are ongoing changes from advances in technology, which are opening doors for the retail pharmacy sector with new solutions. With implementation of the Patient Protection and Affordable Care Act, as well as other factors reshaping the U.S. health care system, a variety of
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
LAS VEGAS — Smartphones and other digital technologies have a role to play in making drug therapies and other health care services more effective, chain drug retailers say. Walgreen Co. has developed mobile applications for iPhone, Android and Blackberry devices, the company’s chief medical officer, Dr. Cheryl Pegus, pointed out at the recent Consumer Electronics
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
WOONSOCKET, R.I. — CVS Caremark Corp. agreed late last month to acquire the Medicare Part D business of Universal American Corp. However, some say the pending $1.25 billion deal for the Rye Brook, N.Y.-based company could open CVS up to further charges of engaging in anticompetitive practices. The deal that was announced on December 31
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
NEW YORK — A strong finish helped the chain drug industry post solid sales for 2010. Industry sales volume advanced 5.4% for the year to $238.3 billion, with same-store sales climbing 2.6%, according to research by Racher Press, the publisher of Chain Drug Review. And drug chains closed 2010 with a flourish, posting a nearly
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
WOONSOCKET, R.I. — CVS/pharmacy has launched what it says is the industry’s first beauty club program. Unveiled during the People’s Choice Awards television broadcast earlier this month, the opt-in ExtraCare Beauty Club is an extension of the chain’s ExtraCare loyalty program launched in 2001. “Because of our ExtraCare program, we know our customers and what
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
CAMP HILL, Pa. — Rite Aid Corp. is encouraging its customers to use their wellness+ cards by giving them a chance to win an array of prizes. Through January 22, shoppers who use the Rite Aid loyalty card will be automatically entered into a sweepstakes for a chance to win a vacation, fitness equipment, personal
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
NEW YORK — Two recent studies from CVS Caremark Corp. and a call from the National Association of Chain Drug Stores for further research into the matter are helping to draw attention to the importance of medication adherence. “There have been many studies through the years that suggest adherence can save on health care costs,
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
WASHINGTON — The battle over the health care reform bill President Obama signed into law last spring continues, with incoming Republicans in the House vowing to undo the law. An out-and-out repeal of the health care reform law, which House Republicans aim to push for, seems unlikely. Democrats still have a slight majority in the
January 14, 2011 by Chain Drug Review
Issue 01-17-2011, News
WASHINGTON — Health care spending in the United States increased by 4% in 2009, the slowest rate of growth in 50 years, a government report released this month shows. Despite the slower growth, the report from the office of the actuary at the Centers for Medicare and Medicaid Services (CMS) notes that although the nation’s
January 14, 2011 by Chain Drug Review
Issue 01-03-2011, News
NEW YORK — With 2011 now here, chain drug retailers across North America are encountering many of the same challenges that they did a year ago. Executives at U.S. and Canadian drug store chains said that as the new year rolls forward, they expect to see more signs that an economic recovery is under way
January 14, 2011 by Chain Drug Review
Issue 01-03-2011, News
NEW YORK — As health care reform gets deeper into the implementation phase, pharmacy advocates have mixed feelings about how the new dynamics will impact community pharmacies and the companies that supply them. More of the provisions of last year’s health care reform bill are slated to go into effect this year, while other parts
January 7, 2011 by Chain Drug Review
Issue 01-03-2011, News
RALEIGH, N.C. — Because of a dedication to health care that is unmatched by almost any other retailer in North America, the pharmacy management team at Kerr Drug has been chosen by the editors of Chain Drug Review as the collective recipients of this year’s Chain Drug Pharmacy Executives of the Year award for 2010.