Latest News

Image description

Alabama independents fighting to exclude prescription revenue from gross receipt calculations

Approximately 530 Alabama independent drug store owners are seeking relief of as much as $5,000 per store per year in business license fees by excluding prescription sales from gross receipts, according to a report published Friday by the Alabama Media Group. State legislation has been introduced to that end, but is opposed by local municipalities looking at stark revenue reductions. "Cities like Montgomery and Mobile claim the hit would be excessive," the report noted. "In Mobile, city officials estimate that computing a store's gross sales by including prescription medicine has brought in an average of $465,000 annually for the past five years." (AL.com)

Image description

Health care leaders gather in Washington

Panelists offered perspectives on efforts currently underway to move the healthcare system toward one that rewards innovation, delivers better quality and puts the patient at the center of the value equation.

Image description

Report: Supervalu’s Hymas departs, leaving Cub Foods in transition

The Minneapolis Star Tribune is reporting that Supervalu executive Eric Hymas, who has overseen the company’s Cub Foods Banner since January 2016, is stepping down from his position. As the company seeks a replacement, Supervalu SVP marketing and consumer insights Chad Ferguson has taken over on an interim basis. “Chad is a dynamic leader with a wealth of experience and I’m very pleased he will be stepping in to lead Cub,”Supervalu SVP retail, merchandising and marketing Anne Dament told the Star Tribune. (Minneapolis Star Tribune)