March 12, 2010 by Chain Drug Review
Issue 03-15-2010, News
WASHINGTON — A determined President Obama, calling for an “up or down” vote on his health care reform proposal, is depending on his Democrat colleagues to pass a measure that has already been rejected by Republicans. “I believe the United States Congress owes the American people a final vote on health care reform,” the president
March 12, 2010 by Chain Drug Review
Issue 03-15-2010, News
DEERFIELD, Ill. — Eddie Frail, who joined Walgreen Co. last June as divisional vice president and general merchandise manager of seasonal and general merchandise, has left the company. No replacement has been named. Frail joined Walgreens after a 21-year career at Walmart, where he last served as vice president and general manager of seasonal, hard
March 12, 2010 by Chain Drug Review
Issue 03-15-2010, News
RALEIGH, N.C. — Kerr Drug has retained its title as the top pharmacy chain in Outcomes Pharmaceutical Health Care’s national medication therapy management (MTM) network. With this most recent recognition, Kerr has been named the top pharmacy chain by Outcomes, an MTM services company, for three consecutive years. Last year Kerr pharmacists provided thousands of
March 12, 2010 by Chain Drug Review
Issue 03-15-2010, News
WASHINGTON — One of the job creation bills being considered in the Senate contains good news for community pharmacy operators. The legislation includes a six-month extension of a temporary increase in the federal medical assistance percentage (FMAP).That would maintain federal funding for state Medicaid programs at the current higher level through the end of June
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
DEERFIELD, Ill. — Walgreen Co. has obtained much more than market share with its acquisition of Duane Reade. THE WALGREENS/ DUANE READE DEAL The metropolitan New York drug store chain’s recent initiatives in beauty merchandising, customer loyalty and store brands all promise to add luster to Walgreens’ efforts to transform its own store experience. The
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
DEERFIELD, Ill. — Walgreens’ acquisition of Duane Reade is the latest move in the century-old company’s ongoing effort to redefine itself. THE WALGREENS/ DUANE READE DEAL Already considered by many to be the industry’s premier drug chain, Walgreens has evolved over the past few years into a company that is reshaping the way Americans think
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
NEW YORK — Duane Reade would have been much less attractive to a buyer just a year ago. But the past 12 months have seen the rollout of new and remodeled drug stores that bear little resemblance to the chain’s drab older units. THE WALGREENS/ DUANE READE DEAL New and renovated outlets sport an updated
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
DEERFIELD, Ill. — Walgreen Co. grew from about 1,300 outlets in 1986 to more than 4,000 in 2003, all without making any major acquisitions. THE WALGREENS/ DUANE READE DEAL Before that Walgreens had used the purchase of small and midsize drug store chains as part of its growth strategy. That approach culminated in the purchase
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
BONITA SPRINGS, Fla. — Although the battle is far from over, the National Association of Chain Drug Stores won a number of significant victories last year, its leaders told the several hundred executives gathered at the association’s Regional Chain Conference here last month. “I can say with confidence that the year shaped up pretty well,”
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
BAYAMON, Puerto Rico — CVS Caremark Corp. opened two stores on this Caribbean island last month, marking the first of what it says will be nine drug stores in yet another new market for the company. The two units — one here in this San Juan suburb and one in San Juan itself — officially
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
SEATTLE — While negotiations over pharmacy reimbursement rates continue, Walgreen Co. has delayed its plan to stop filling Medicaid prescriptions at more than half of its stores in Washington state. “We’re encouraged by the state’s willingness to continue working with us to find a solution that will allow all of our stores to continue serving
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
RALEIGH, N.C. — Kerr Drug Inc.’s Kerr Health subsidiary has launched a web site designed to communicate the health care services provider’s offerings to doctors, patients, caregivers and employers. The new site, www.kerrhealth.com, provides information about Kerr Health’s menu of services, including consultation with pharmacists and nurses (available 24 hours a day), synchronization of medications,
March 5, 2010 by Chain Drug Review
Issue 03-01-2010, News
BELLEVUE, Wash. — Drugstore.com has expanded its service offerings with AtHisBest.com, which the company calls the first online store dedicated to providing a full selection of men’s grooming, health, home, fitness, sexual and personal care needs. The retailer says the new site is designed for the way men want to shop today, offering them an
February 12, 2010 by Chain Drug Review
Issue 02-15-2010, News
CAMP HILL, Pa. — John Standley, president and chief operating officer of Rite Aid Corp., will take over as chief executive officer in June, succeeding Mary Sammons, who will continue to serve as chairman until June 2012. The promotion is part of the chain’s leadership succession plan and was approved at a recent regular meeting