WOONSOCKET, R.I. — CVS Health has revealed a new, comprehensive program designed to combat rising prescription drug prices and help patients save money on their medications. The new initiatives are being launched against a background of ongoing increases in manufacturers’ list prices for drugs and a growing percentage of Americans who have high-deductible health plans.
WOONSOCKET, R.I. — CVS Health has taken its efforts to fight the abuse of opioids to New Hampshire. CVS said Wednesday that it has installed safe medication disposal units in two CVS Pharmacy locations in New Hampshire to foster proper and timely disposal of opioids and other medications that could be diverted or misused if
NEW YORK — It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty
TORONTO — Helena Foulkes has been named chief executive officer of Hudson’s Bay Co. (HBC), an international department store and off-price retailer. The move brings to an end a 25-year career at CVS Health, where Foulkes most recently served as corporate executive vice president and president of CVS Pharmacy, the company’s retail pharmacy business. Following
WOONSOCKET, R.I. — Beginning in April, the beauty imagery that CVS Pharmacy produces for use in its stores and in its marketing materials will not be “materially altered” digitally. The drug chain is also asking its supplier partners to participate in the initiative, which is meant promote transparency in beauty marketing. “What we’re trying to
WOONSOCKET, R.I. — Longtime CVS merchandising and beauty executive Cheryl Mahoney recently passed away after a long illness. Mahoney was with the company for more than 40 years, most recently serving as vice president of retail merchandising and promotion and business development at CVS Health. “Cheryl Mahoney was part of the CVS family for over
The announcement by CVS Pharmacy president Helena Foulkes at last month’s National Retail Federation Big Show that the retailer will adopt standards that bring a new level of transparency to the images used to promote its beauty business caused a stir in the category and triggered a long overdue discussion about the impact of such
LONDON — Leading U.K. hair-thickening brand Nanogen is making a foray into the United States with retail distribution through CVS Pharmacy. Nanogen, part of Elstree, England-based Pangaea Laboratories, said it has begun rolling out its Nanogen Hair Thickening Shampoo, Hair Thickening Conditioner, Root Boost Hair Thickening Spray and Men-s 5-in-1 Shampoo and Conditioner at select CVS
WOONSOCKET, R.I. — Kevin Hourican, executive vice president of retail pharmacy and supply chain at CVS Health, will run the company’s retail division on an interim basis following the departure of Helena Foulkes. As the interim head of CVS Pharmacy, Hourican will report to CVS Health chief operating officer Jon Roberts, the company said Thursday.
WOONSOCKET, R.I. — Driven by growth in its pharmacy benefit management unit, and overcoming softness in its retail business, CVS Health posted increased sales and beat Wall Street’s earnings forecast for its 2017 fourth quarter and fiscal year. CVS said Thursday that for the fourth quarter ended Dec. 31, total revenue rose 5.3% to $48.39
TORONTO and NEW YORK — CVS Health executive Helena Foulkes is joining department store retailer Hudson’s Bay Co. (HBC), operator of Lord & Taylor and Saks Fifth Avenue, as chief executive officer. HBC said Monday that Foulkes is slated to begin in the new role on Feb. 19. At CVS, she currently serves as a corporate
WOONSOCKET, R.I. — CVS Pharmacy and the American Dental Association have announced a three-year initiative that gives the ADA a continuous in-store and digital presence to help put millions of dental patients on a path to better overall health. A core component of the initiative is to give premium placement and promotion to dental care
COLUMBIA, S.C. — CVS Health is deploying safe medication disposal containers to CVS Pharmacy stores in South Carolina. CVS said Tuesday that 22 drug disposal units will be installed at CVS Pharmacy locations in South Carolina over the next few weeks. These will add to the 24 CVS medication disposal kiosks donated to police and sheriff departments
WOONSOCKET, R.I. — Longtime CVS merchandising and beauty executive Cheryl Mahoney has passed away after a long illness, Chain Drug Review has learned. Mahoney, who died on Sunday, was with the company for more than 40 years, most recently as vice president of retail merchandising and promotion and business development at CVS Health. “Cheryl Mahoney was
