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News

Articles from the CDR print editions. Limit this selection to a specific issue by selecting from BACK ISSUES & CATEGORIES.

Walgreens enhances its web site

DEERFIELD, Ill. — Walgreen Co. has relaunched its web site, adding a variety of healthy living and product resources, expanding the shopping tools and services it offers, and making the site easier to navigate. The new web site introduces innovative features that make it easier to manage prescriptions online, photo service enhancements, new mobile applications

Kerr Drug stretches horizons for Rx

Kerr Drug stretches horizons for Rx

CHAPEL HILL, N.C. — Kerr Drug this month took another step to advance pharmacy. The chain opened a store here with a room for pharmacogenomics, the study of how a patient’s genes affect medication efficacy. The room is one of five in the store’s Community Healthcare Center for clinical pharmacy, another Kerr innovation. The other

Senate leaders unveil health care reform bill

WASHINGTON — Senate Majority Leader Harry Reid (D., Nev.) introduced a health care reform bill in that chamber earlier this month, setting the stage for a debate there and the eventual merging of the Senate measure with the bill passed in the House on November 7. At presstime, however, Senate leaders were unsure whether they

Drug chains step up marketing efforts

NEW YORK — Drug chains across the country and in Canada are stepping up their promotional efforts this holiday season, offering everything from sophisticated catalogs and in-store flyers to money-saving programs. CVS Caremark Corp., for example, recently mailed out an 84-page catalog offering deals on hundreds of products and ways to earn Extra Bucks from

More expansive role for pharmacy eyed in Canada

TORONTO — “In transition,” “crisis,” “opportunity,” “danger,” “a new paradigm”: Those were the words and phrases that were liberally sprinkled through the remarks of 10 speakers who, in an intense six-hour session, addressed the delegates to the 2009 Innovation In Pharmacy conference here earlier this month. Organized by the Canadian Association of Chain Drug Stores

SDM will target pro-Rx provinces for growth

TORONTO — Shoppers Drug Mart (SDM) will seek to expand in British Columbia and other provinces that compensate pharmacies for stepping up their role in the health care system. President and chief executive officer Jürgen Schreiber stated the company’s view as Ontario mulls regulations that could hurt pharmacy profits. “We see some provinces that are

Drug import proposal under fire

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has expressed concerns with a proposed amendment to health care legislation because the provision would authorize the importation of prescription drugs. NACDS sent a letter to Rep. Louise McIntosh Slaughter (D., N.Y.), who chairs the House Rules Committee, and to Rep. David Drier (R., Cal­if.),

Use of FSAs is facilitated by drugstore.com

BELLEVUE, Wash. — Acknowledging the nearly 35 million Americans who have flexible spending accounts (FSAs) to cover their health care expenses, and who run the risk of losing their unused balances if they do not spend the funds by the end of the year, drugstore.com is highlighting a one-stop shopping web site that makes it

Generation Health is teaming up with CVS

WOONSOCKET, R.I. — CVS Caremark Corp. will be able to provide its pharmacy benefits management clients additional genetic services beginning in 2010 under a deal with Generation Health Inc. The agreement, under which CVS Caremark is taking a minority stake in privately held Generation Health, will expand pharmacogenomic clinical and testing services. Such initiatives can

Chain drug industry ready to fight H1N1

WASHINGTON — The National Association of Chain Drug Stores earlier this month told House subcommittees assessing the nation’s plans for distributing the H1N1 flu vaccine that the country’s drug stores can play a crucial role in ensuring that a maximum number of patients receive immunizations. “Community pharmacies are uniquely capable of immunizing large numbers of

CVS Caremark finishes the assimilation of Longs

MONTEREY, Calif. — CVS Caremark Corp. has completed the conversion of nearly 500 Longs Drug Stores in California, Nevada and Arizona to the CVS banner and format. CVS executives marked the occasion recently at an outlet in Monterey, Cal­if., showing off the changes consumers will see in the revamped store. “We’ve kept the best of

Ryan: CVS’ PBM business has to produce better results

WOONSOCKET, R.I. — Despite record third quarter sales and profits, CVS Caremark Corp. forecast disappointing results for its pharmacy benefits management business next year, based on the loss of a net of $4.8 billion in contracts. The 2010 operating profit of the Caremark PBM business will drop as much as 10% to 12%, chairman, president

At Duane Reade, it’s about value, choice

At Duane Reade, it’s about value, choice

NEW YORK — Duane Reade Inc.’s new store in Herald Square in Manhattan has less and more. The two-story 14,000-square-foot unit has fewer SKUs than Duane Reade has traditionally offered but more variety, most notably in the prestige beauty category. “We went from having everything in the box to having a meaningful assortment,” says senior