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Kroger

Kroger to buy specialty pharmacy ModernHEALTH

Kroger to buy specialty pharmacy ModernHEALTH

CINCINNATI — Boosting its presence in the fast-growing specialty pharmacy arena, Kroger Co. has unveiled a deal for its Axium Pharmacy Holdings Inc. subsidiary to acquire Modern HC Holdings Inc., the parent of pharmacy services operator ModernHEALTH. Financial terms of the agreement weren’t disclosed. Plans call for Axium and ModernHEALTH to operate as a combined

Kroger appoints group VP of retail operations

Kroger appoints group VP of retail operations

CINCINNATI — Mary Ellen Adcock has been promoted to group vice president of retail operations at The Kroger Co. The food and drug retailer said Wednesday that Adcock, currently vice president of operations for Kroger’s Columbus division, assumes the new position on May 16. She succeeds Marnette Perry, whose retirement was previously announced. “Mary Ellen brings

Anti-drug abuse efforts advance

WASHINGTON — The National Association of Chain Drug Stores is urging the Senate to pass legislation that it says would spur collaboration among health and enforcement authorities for drug abuse solutions “that maintain patients’ legitimate access to medications” while fighting opioid abuse. The trade organization supports the Ensuring Patient Access and Effective Drug Enforcement Act

Retailers recognized by UnitedHealthcare for Rx adherence

Retailers recognized by UnitedHealthcare for Rx adherence

MINNETONKA, Minn. — Kroger Co., Target Corp., Giant Eagle, Meijer and Wegmans Food Markets Inc. were winners in UnitedHealthcare’s 2015 Targeted Intervention Program (TIP) Challenge, aimed at improving medication adherence. UnitedHealthcare said Monday that Kroger and Target won in the large retail pharmacy chain category (900 or more locations), Giant Eagle and Meijer were the

Fred Meyer to get new president

Fred Meyer to get new president

CINCINNATI — Lynn Gust is retiring from his post as president of Kroger Co.’s Fred Meyer Stores division and will be succeeded by Jeff Burt, president of Kroger’s Central division. Kroger said Tuesday that Gust is slated to retire effective Jan. 31. Based in Portland, Ore., Fred Meyer offers one-stop shopping, including pharmacies, at 132

Kroger to buy Roundy’s in $800 million deal

Kroger to buy Roundy’s in $800 million deal

CINCINNATI — Kroger Co. plans to acquire food and drug retailer Roundy’s Inc. in a deal valued at about $800 million. Kroger said Wednesday that under the agreement it will buy all outstanding shares of Roundy’s for nearly $178 million in cash, or $3.60 per share, and assume Roundy’s $646 million in debt. Unanimously approved

Appointments strengthen Kroger’s senior leadership team

CINCINNATI — Kroger Co. has named four executive vice presidents to lead key parts of its business. Mike Donnelly is now EVP of merchandising, Chris Hjelm is EVP and chief information officer, Fred Morganthall is EVP of retail operations, and Mike Schlotman is EVP and chief financial officer. “This new organizational structure will help Kroger

Kroger promotes execs to lead key businesses

Kroger promotes execs to lead key businesses

CINCINNATI — Kroger Co. has promoted four executives — including its top merchant, retail operations chief, chief financial officer and chief information officer — to lead key lines of business. The food and drug retailer said Thursday that it has appointed Mike Donnelly as executive vice president of merchandising, Fred Morganthall as executive VP of

Competition escalates in retail clinic arena

Competition escalates in retail clinic arena

NEW YORK — The retail health clinic market is seeing competition intensify as the leading players expand their reach with new locations. Market leader MinuteClinic, part of CVS Health, got a big boost last month with CVS’ $1.9 billion deal to buy the pharmacy and clinic business of Target Corp. With the move, the approximately

The Little Clinic earns Joint Commission Golden Seal

The Little Clinic earns Joint Commission Golden Seal

NASHVILLE, Tenn. — The Little Clinic has earned The Joint Commission Gold Seal of Approval for the third straight time. A Kroger Co. subsidiary, the retail health clinic operator said Monday that it initially earned accreditation in 2009, followed by reaccreditation in 2012 and 2015. The reaccreditation process occurs every three years. In its certification

Retail pharmacy on cutting edge in health care

In the not-too-distant past community pharmacy was correctly perceived as a conservative business whose members were intent on operating within a well-defined set of parameters and not rocking the boat. A generation ago it wasn’t uncommon to hear members of the profession joke about what they did as “lick, stick and pour.” The industry as

McMullen becomes Kroger chairman

CINCINNATI — Kroger Co. chief executive officer Rodney McMullen assumed the additional title of chairman, succeeding David Dillon, on ­January 1. McMullen and Dillon are credited with developing a long-term price investment strategy as part of the chain’s Customer 1st initiative that has enabled Kroger to deliver sustainable business growth and shareholder returns, while saving