Wendy future of retail top

CVS Pharmacy

Pharmacy chains point to rising flu activity

Pharmacy chains point to rising flu activity

NEW YORK — Reports from pharmacy retailers indicate that flu activity has been on the rise. Supercenter chain Meijer Inc. said Monday that purchases of over-the-counter cold and flu remedies at its stores have climbed 30% in recent weeks. The sales increase, according to Meijer pharmacists, suggests a troubling trend: Many consumers may have passed

Larry Merlo named Health Care Exec of the Year

Larry Merlo named Health Care Exec of the Year

WOONSOCKET, R.I. — As Larry Merlo sees things, health care delivery in the United States is a tale of two incompatible models, a costly, inefficient one rooted in the past, and another focused on a future of increased patient access, improved outcomes and lower costs. “At the moment, it’s as if we have two health

CVS to build distribution center in Kansas City

CVS to build distribution center in Kansas City

KANSAS CITY, Mo. — CVS Health plans to build a new distribution center in Kansas City, Mo., to serve CVS Pharmacy locations in the region. The Kansas City Area Development Council said Wednesday that the 762,000-square-foot CVS distribution center will be located at 108th Street and North Congress in Skyport Industrial Park. The 71-acre facility,

CVS, OptumRx are teaming up

WOONSOCKET, R.I. — CVS Pharmacy is partnering with OptumRx, the PBM subsidiary of UnitedHealth Group, to boost convenience and lower costs for consumers and clients while improving outcomes. The two companies will offer employers a new pharmacy network program providing eligible OptumRx members the option to fill 90-day prescriptions at prices equal to home delivery

WUNDERBROW eyebrow gel to hit shelves at CVS

WUNDERBROW eyebrow gel to hit shelves at CVS

MIAMI — KF Beauty has landed retail distribution for its WUNDERBROW eyebrow gel at CVS Pharmacy. The company said WUNDERBROW, part of its WUNDER2 beauty care line, will be sold in more than 500 CVS drug stores nationwide as well as online at CVS.com. CVS will offer WUNDERBROW in five shades: blonde, brunette, black/brown, jet black

CVS, HHS examine pharmacy outreach in disaster planning

CVS, HHS examine pharmacy outreach in disaster planning

WOONSOCKET, R.I. — Automated pharmacy notifications prompt patients with chronic conditions to refill prescriptions before a forecasted natural disaster, a new study by CVS Health and the U.S. Department of Health and Human Services (HHS) finds. CVS said the research also affirmed that public-private partnerships can aid pharmacy outreach as part of community-based natural disaster

Rite Aid, CVS offer flu shot incentives

Rite Aid, CVS offer flu shot incentives

NEW YORK — In support of National Influenza Vaccination Week, Rite Aid and CVS Pharmacy are giving consumers more reasons to come to their pharmacies for a flu shot. Rite Aid is offering customers $5 off the cash price of a flu vaccination through Dec. 17. The standard trivalent flu shot costs $27.99 and the

CVS Pharmacy partners with OptumRx

CVS Pharmacy partners with OptumRx

WOONSOCKET, R.I., and CHICAGO — UnitedHealth Group’s OptumRx aims to bring more prescription drug and pharmacy care options to clients and members through a new partnership with CVS Pharmacy. The companies said Tuesday that they will offer employers a new pharmacy network solution enabling eligible OptumRx members to fill 90-day prescriptions at the more than

Rx battle heats up between CVS, Walgreens

Rx battle heats up between CVS, Walgreens

CVS Health’s scaled-back 2017 guidance, given in its third-quarter report this week, spotlights an intensifying competitive battle with rival Walgreens Boots Alliance. CVS reported that for fiscal 2017 it expects to lose over 40 million retail prescriptions due to marketplace changes, notably narrower retail pharmacy networks excluding CVS Pharmacy drug stores. The announcement sent CVS

CVS Health sales, earnings up for third quarter

CVS Health sales, earnings up for third quarter

WOONSOCKET, R.I. — CVS Health posted sales gains in both of its business units and adjusted earnings per share above Wall Street’s forecast for the 2016 third quarter. However, CVS said Tuesday that it lowered its outlook for full-year 2016 and, in preliminary guidance for fiscal 2017, expects to lose over 40 million retail prescriptions

CVS Pay now available across U.S.

CVS Pay now available across U.S.

WOONSOCKET, R.I. — CVS Pay, an end-to-end mobile payment program at CVS Pharmacy, has been rolled out ­nationwide. CVS Pay is now part of the CVS Pharmacy mobile app, and it integrates payment, prescription pickup and the ExtraCare loyalty program into one scan at checkout. CVS Pay is an example of the company’s larger commitment

CVS, Walgreens facilitate safe disposal of unused Rxs

NEW YORK — Initiatives from CVS Health and Walgreens to collect unused medications have produced dramatic results, the companies ­announced. They reported the results ahead of National Prescription Drug Take Back Day late last month. Sponsored by the Drug Enforcement Administration, the event aims to provide a safe, convenient and responsible means of disposing of

For CVS Target pharmacist, patients stand out

For CVS Target pharmacist, patients stand out

ONALASKA, Wis. — CVS pharmacy manager Adam Matz didn’t begin his career at a drug store. In fact, he didn’t even begin it in pharmacy. Matz, 39, manages the CVS Pharmacy at the Target store in Onalaska, a suburb just north of La Crosse, Wis. He had been a Target pharmacy manager for about seven

Trade classes battle in changing pharmacy market

Trade classes battle in changing pharmacy market

NEW YORK — Competition remains fierce in the chain pharmacy industry, albeit with a decreasing number of players. If the pending acquisition of Rite Aid Corp. by Walgreens Boots Alliance Inc. goes through, the field will diminish dramatically, especially in major metropolitan areas. Depending on the number of stores WBA divests to meet antitrust requirements,

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