October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
BENTONVILLE, Ark. — Wal-Mart Stores Inc. has given its health and beauty aids business a major boost by making the products available through its web site, Walmart.com. The site has become the country’s second-busiest retail site, trailing only Amazon.com, but until now it has not offered health and personal care items. Although the retailer does
October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
ALEXANDRIA, Va. — The National Association of Chain Drug Stores has sent a letter to Senate leaders voicing strong opposition to legislation that would permit personal and commercial importation of prescription drugs. According to NACDS, the Pharmaceutical Market Access and Drug Safety Act of 2009 (S. 1232) mandates expensive and unproven track-and-trace requirements for the
October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
CAMP HILL, Pa. — Rite Aid Corp. has promoted retail pharmacy veteran Dan Miller to senior vice president of pharmacy. Filling Miller’s former post as vice president of pharmacy operations is Karen Staniforth, who was promoted from regional pharmacy vice president. Miller, 53, a pharmacist with 30 years of retail pharmacy experience, will oversee day-to-day
October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
WOONSOCKET, R.I. — CVS Caremark Corp. has added interactive and mobile features to its web site. A spokesman says the new features enhance the user experience by providing instant access to prescription management tools, important health information and customer savings. The creation of CVS.com Mobile (m.cvs.com) gives customers a secure, on-the-go pharmacy resource to find
October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
ALEXANDRIA, Va. — Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, has praised President Obama for signing into law legislation that extends durable medical equipment (DME) accreditation. “We applaud President Obama for signing into law legislation that will extend the accreditation requirement for pharmacies to provide DME in
October 28, 2009 by Chain Drug Review
Issue 10-26-2009, News
DEERFIELD, Ill. — Walgreen Co. has agreed to buy 12 Eaton Apothecary pharmacies in the Boston area from D.A.W. Inc. for about $19 million. The deal is slated to close within 90 days, according to Walgreens. “Today is a very special day for our Boston market,” says Dave White, Walgreens market vice president for Boston.
October 19, 2009 by Chain Drug Review
Issue 07-20-2009, News
CINCINNATI — At first glance, Procter & Gamble Co.’s new Align brand looks like just the latest entry in the hot probiotics category. But on closer inspection, the product actually marks a key step in the supplier’s game plan to become the leading consumer health care company in the world. Of course, Procter & Gamble
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
LITTLE CANADA, Minn. — CVS Caremark Corp. is at 7,000 and growing. The company, which has quintupled its store count in just over 12 years, still sees significant opportunity for expansion, CVS/pharmacy president Larry Merlo said at the opening of the chain’s 7,000th store here last month in this St. Paul suburb. The retailer will
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
BROOKLYN, N.Y. — Walgreen Co. made good on its long-standing promise to open its 7,000th store by 2010, unveiling the milestone unit in a ceremony here earlier this month. “By getting to 7,000 stores across the country we have a great foundation to build upon,” president and chief executive officer Greg Wasson said after the
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
WASHINGTON — The expected approval of the Senate Finance Committee’s health care bill may have brought reform closer to the end of the beginning than the beginning of the end. The panel’s passage of the bill, which appeared imminent at presstime, left obstacles to the enactment of legislation that ranged from small details to major
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
ALEXANDRIA, Va. — Groups representing community pharmacy have sued four states, saying that they are failing to provide Medicaid patients with access to the same care as everyone else. According to lawsuits filed in federal court by the National Association of Chain Drug Stores, the National Community Pharmacists Association (NCPA), state pharmacy organizations and individual
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
WASHINGTON — Though community pharmacy groups praised Congress’ decision last week to delay the accreditation deadline for pharmacies providing durable medical equipment (DME) under Medicare, they continue to seek an exemption for drug retailers. “In the debate over health care reform legislation, we continue to advocate for an exemption for pharmacy from this accreditation requirement,
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
NEW YORK — Chain drug retailers may well escape the worst of what is expected to be a poor holiday sales season. Drug chains have been outperforming other trade classes, and demand for flu shots is expected to help sustain their momentum, notwithstanding generally gloomy forecasts for retailers overall. According to the National Retail Federation
October 8, 2009 by Chain Drug Review
Issue 10-12-2009, News
NEW YORK — Looking to solidify itself as New Yorkers’ drug chain of choice, Duane Reade Inc. has kicked off the second phase of a massive advertising campaign and launched an exclusive brand of food and beverages. Executives at the 250-store chain say the print ads on buses, subways, phone kiosks, billboards and other outdoor