ECRM_1170x120_8-1-17

Helena Foulkes

2017 Retail Forecast: Times Are A Changin’

2017 Retail Forecast: Times Are A Changin’

“The times they are a changin’,” Nobel laureate Bob Dylan sang in 1964. It’s as true now as it was 53 years ago, especially for the chain drug industry. With the incoming administration of Donald Trump, all bets are off with health care. The Affordable Care Act appears set for demise, but no one in

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

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

Barra, Foulkes on most powerful women list

NEW YORK — CVS Pharmacy president Helena Foulkes and Walgreens Boots Alliance Inc. co-chief operating officer Ornella Barra were among those recognized by Fortune magazine as the “Most Powerful Women” in business for 2016. Foulkes, who is also executive vice president of CVS Health, was ranked 12th on the list of 51 women in the

CVS in-store fundraiser supports cancer therapy research

CVS in-store fundraiser supports cancer therapy research

WOONSOCKET, R.I. — CVS Health has launched an in-store fundraising campaign to benefit Stand Up To Cancer (SU2C), a program that supports cancer research to facilitate new therapies and help save more lives. CVS said Tuesday that through Oct. 1, customers can make a $1, $3 or larger donation to SU2C at checkout in CVS Pharmacy locations nationwide

Receipts at CVS enter digital age

Receipts at CVS enter digital age

WOONSOCKET, R.I. — CVS Pharmacy is offering digital receipts for all members of the ExtraCare rewards program. The new option will eventually be available in 7,900 stores. Customers can opt out of receiving paper receipts for all in-store purchases when completing their transactions in the front of the store. Once the onetime process is completed,

CVS Pharmacy to offer digital-only receipt option

CVS Pharmacy to offer digital-only receipt option

WOONSOCKET, R.I. — CVS Pharmacy president Helena Foulkes appeared on ABC-TV’s “Jimmy Kimmel Live” to announce that the drug chain is taking action on one of the talk show host’s pet peeves: long paper receipts at checkout. Foulkes said on Friday night’s show that CVS will enable members of its ExtraCare Rewards program to choose

CVS kicks off in-store fundraising for LUNG FORCE

CVS kicks off in-store fundraising for LUNG FORCE

WOONSOCKET, R.I. — CVS Health has launched an in-store fundraising campaign at all CVS Pharmacy locations to benefit the American Lung Association’s LUNG FORCE initiative. Through June 11, customers can donate $1, $3 or more at checkout at any of the 7,900 CVS drug stores or online at CVS.com/lung. All proceeds will support LUNG FORCE.

Shopping at CVS becomes more convenient

Shopping at CVS becomes more convenient

WOONSOCKET, R.I. — Shopping just got a little easier for CVS Health customers. Last month, the company announced its partnership with Curbside — a company perfecting the store pickup experience for retailers and consumers — in order to launch CVS Express, a digital solution offering consumers a new level of seamless convenience. CVS Health is

CVS launches curbside pickup via mobile app

CVS launches curbside pickup via mobile app

WOONSOCKET, R.I. — CVS Health has launched CVS Express, a curbside and in-store pickup service for nonprescription items that’s accessed via the CVS Pharmacy app. CVS said Tuesday that the service is one of fruits of the CVS Digital Innovation Lab and was developed in partnership with Palo Alto, Calif.-based Curbside, the maker of the

CVS launches first pharmacies within Target stores

CVS launches first pharmacies within Target stores

WESLEY CHAPEL, N.C. — CVS Health has debuted its first rebranded pharmacies inside Target Corp. stores. The pharmacies, in six stores in North Carolina, are being operated through a store-within-a-store format under the CVS/pharmacy banner. CVS, which completed its $1.9 billion purchase of Target’s 1,672 pharmacies and 79 clinics in December, will rebrand the prescription

CVS Pharmacy makes Target debut

CVS Pharmacy makes Target debut

WOONSOCKET, R.I., and MINNEAPOLIS — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. — including CVS Pharmacy

Hopes of chain drug industry rest with new leaders

Hopes of chain drug industry rest with new leaders

Christmas is over, yesterday’s news. And the mass retailing community is scampering to assess its impact on sales, earnings and the future. For chain drug retailers, this holiday selling season, like so many before it, was acceptable, if hardly record-setting. As in previous years, America’s drug chains suffered from an absence of exciting new products

Questions abound as ’15 draws to a close

Questions abound as ’15 draws to a close

The National Association of Chain Drug Stores held its year-end meetings in New York City early this month — and very little was as it had been a year ago. Many of the same familiar faces were on hand, and several of the same retail companies attended. But the yearlong series of events that have