November 23, 2020 by Chain Drug Review
President-Elect Biden
News, November 23, 2020
NEW YORK — The presidential election has changed who will be the leader of the free world, but it hasn’t changed the fact that the COVID-19 pandemic isn’t going away and will be waiting for President-elect Joe Biden when he takes office on January 20. As it was during the election, COVID is certain to
November 12, 2020 by Brian Bossetta
News, Uncategorized
NEW YORK — The results of the presidential election have changed who will be the leader of the free world; but it hasn’t changed the fact that the COVID-19 pandemic isn’t going away and will be waiting for President-elect Joe Biden when he takes office on January 20. As it was during the election, COVID
November 9, 2020 by Chain Drug Review
Walgreens Boots Alliance Inc. (WBA)
News, November 9, 2020
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth quarter earnings, helped by higher sales at U.S. stores. U.S. store sales in the quarter ended August 31 advanced 3.6% from the year-ago period to $27 billion, with same-store sales rising by the same amount. WBA said
November 9, 2020 by Chain Drug Review
opioid abuse crisis, U.S. Department of Justice (DOJ), Walmart
News, November 9, 2020
BENTONVILLE, Ark. — Walmart is suing the Department of Justice and the Drug Enforcement Administration (DEA), asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies under the Controlled Substances Act. The case is pending before the U.S. District Court for the Eastern District of Texas. Walmart states that the company
November 9, 2020 by Chain Drug Review
HLTH VRTL 2020, Jim Peters, Rite Aid
News, November 9, 2020
CAMP HILL, Pa. — During HLTH VRTL 2020, the leading, large-scale event for health care innovation held last month, Rite Aid Corp. chief operating officer Jim Peters highlighted the company’s RxEvolution and how it will reshape the chain drug store industry in a keynote address to the conference. HLTH brings together all the major stakeholders
October 28, 2020 by Chain Drug Review
Kenneth Evenstad, Upsher-Smith Laboratories
Leading Headlines, News, Pharmacy, Supplier News
MAPLE GROVE, Minn. — Kenneth L. Evenstad, founder of Upsher-Smith Laboratories and co-founder of Domaine Serene Vineyards & Winery, died at his home in Oregon, Oct. 21, 2020, having fought chronic pulmonary issues for the past five years. He was 77 years of age. Evenstad was born July 9, 1943 in Baudette, Minn., a tiny
October 26, 2020 by Brian Bossetta
Chris Cella, McKesson, McKesson RxOwnership
News, Pharmacy, Supplier News
IRVING, Texas — Due to the severity of COVID-19, mandates forced the shutdown of many small businesses, including some in the health care industry. Many of these businesses, including independent pharmacies, have suffered severe economic hardship due to various safety measures. When the pandemic hit, many of these pharmacies had to drastically and immediately adjust
October 22, 2020 by Chain Drug Review
Ball and KSE’s hometown arena in Denver, Ball Corp., Kroenke Sports & Entertainment (KSE)
Leading Headlines, News, Supplier News
WESTMINSTER, Colo.— Ball Corp. and Kroenke Sports & Entertainment (KSE) Thursday established a first-of-its kind global partnership across three marquee venues in Denver, Los Angeles and London. The partnership was founded on a shared vision to advance sustainability in sports and entertainment by strengthening in-venue aluminum recycling, providing fans with a more environmentally friendly fan
October 19, 2020 by Chain Drug Review
Food Marketing Institute (FMI), National Community Pharmacists Association (NCPA), Pharmaceutical Care Management Association (PCMA), Rutledge versus PCMA
News, October 19, 2020
ALEXANDRIA, Va. — Groups ranging from the National Community Pharmacists Association (NCPA) to the Food Industry Association (FMI) have applauded the Supreme Court for hearing Rutledge v. Pharmaceutical Care Management Association (PCMA). This historic case seeks to clarify whether states can regulate pharmacy benefit managers, which manage prescription drug benefits for health insurers, Medicare Part
October 19, 2020 by Chain Drug Review
COVID-19, Food and Drug Administration (FDA)
News, October 19, 2020
NEW YORK — Controversy over COVID-19 protocols seems to be spreading as fast as the virus itself — as is concern over who is getting infected. Most notably, of course, was news that President Donald Trump was stricken with the virus and was flown to Walter Reed Hospital for monitoring. Many of the president’s inner
October 15, 2020 by Chain Drug Review
fourth quarter, Pessina, Walgreens, WBA
Featured Articles, Leading Headlines, News, Pharmacy, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday projected single-digit profit growth in fiscal 2021 after reporting better-than-expected fourth-quarter earnings, helped by higher sales at U.S. stores. Sales in U.S. stores in the quarter ended August 31 advanced 3.6% to $27.0 billion, with same-store sales rising by the same amount. WBA said it anticipates
October 5, 2020 by Chain Drug Review
ACA, Affordable Care Act, Supreme Court
News, October 5, 2020
NEW YORK — Ever since it was signed into the law by President Obama on March 23, 2010, the Affordable Care Act has been under constant attack by Republicans seeking to undermine the former president’s signature legislation. Despite surviving numerous attempts by congressional Republicans to repeal it and its constitutionality being upheld by a majority-conservative
October 1, 2020 by Chain Drug Review
American Pharmacists Month, COVID-19, Pharmacy Heroes, Rite Aid
Featured Articles, Leading Headlines, News, Pharmacy, Retail News
CAMP HILL, Pa. — Rite Aid today announced the kick-off of the company’s annual Pharmacy Champions program, which the drug store chain is rebranding “Pharmacy Heroes” to acknowledge the heroism and remarkable service provided by Rite Aid’s pharmacy team in the face of the COVID-19 pandemic. Held throughout October during American Pharmacists Month, the Pharmacy
September 21, 2020 by Chain Drug Review
Jeff Leger, Shoppers Drug Mart
News, September 21, 2020
TORONTO — Jeff Leger, president of Shoppers Drug Mart, Canada’s largest drug chain, discussed recent developments at the company including the launch of Shoppers’ first freestanding health clinic, the retailer’s innovative home health care and beauty clinic formats with Chain Drug Review editor-in-chief, Jeffrey Woldt, in a video forum hosted by CDR and sister publication