BROOKLYN, N.Y. — Medly Pharmacy announced on Wednesday that it has entered into a definitive agreement to purchase the Pharmaca pharmacy chain based in Boulder, Colo. The acquisition is expected to close in the third quarter of 2021 and is subject to customary closing conditions. For nearly 20 years, Pharmaca has operated 28 stores, offering
“The readiness is all.” It’s hard to think of an emerging product category where retailers and suppliers have taken Hamlet’s admonition more seriously than CBD. As attitudes about cannabis, hemp and products derived from them have shifted, and the legal and regulatory restrictions around them have started to unravel, many chains and an extensive roster
BOULDER, Colo. — Pharmaca Integrative Pharmacy, the nation’s first and largest chain of integrative pharmacies, announced it will be opening a new location in Santa Monica, Calif., in November. The ownership transition from Patton’s Pharmacy, at 734 Montana Avenue, is nearly complete, with a grand opening planned for November 17. “Patton’s has long been a pillar of the Santa
What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018. With spiraling health care costs and
BOISE, Idaho — Albertsons Cos. pharmacy chief Mark Panzer has added oversight of the food and drug chain’s general merchandise and health and beauty aids businesses to his duties. The supermarket retailer announced the move Tuesday. Panzer became senior vice president of pharmacy, health and wellness in May, coming to the company from Pharmaca Integrative
BOULDER, Colo. — Richard Willis has been hired as president and chief executive officer of Pharmaca Integrative Pharmacy. Pharmaca said Monday that the 56-year-old Willis, who most recently served as the president and CEO of SpeedCommerce, also joins the board of directors. “I am excited for the opportunity to lead this outstanding senior management team
FLINT, Mich. — Diplomat Pharmacy Inc. has entered an agreement to provide specialty pharmacy care services to Pharmaca Integrative Pharmacy. Diplomat said late Thursday that the partnership will enable Pharmaca to offer patients immediate access to specialty pharmacy services as well as leverage Diplomat’s extensive expertise in the growing sector for specialty medications. The nation’s
BOISE, Idaho — Mark Panzer has been named senior vice president of pharmacy, health and wellness at Albertsons LLC. Between Albertsons and Safeway stores, the company has 1,760 pharmacies in 34 states. Panzer, who had been president and chief executive officer of Pharmaca Integrative Pharmacy Inc., replaces Darren Singer, who has left Albertsons. The appointment
BOISE, Idaho — Mark Panzer is stepping down as president and chief executive officer of Pharmaca Integrative Pharmacy to become senior vice president of pharmacy, health and wellness at AB Acquisition LLC, the parent company of food and drug chains Albertsons and Safeway. AB Acquisition said Friday that Panzer will oversee the company’s 1,760 pharmacies in 34 states
HOFFMAN ESTATES, Ill. — Phil Keough has joined Sears Holdings Corp. as senior vice president and president of pharmacy. In the role, Keough will oversee Kmart Pharmacy and help drive member engagement for the Shop Your Way customer rewards program to drive in-store and online growth of the company’s health and wellness business. “The Kmart pharmacy
