Retail News

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CVS Health opens Fort Bragg training facility

The new Talent Connect Center combines virtual technology with hands-on support throughout the human resources process — offerings resume assistance, simulated interviewing practice and a chance to speak with department leaders to learn about the company’s opportunities. 

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Fred’s promotes Jenne to CFO

Jason Jenne, who joined Fred’s as SVP finance in September 2016, is succeeding outgoing CFO Rick Hans, who is leaving the company to pursue other opportunities. 

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Report: Economic firm finds nearby clinics reduce ER visits

Retail clinics have been successful in reducing emergency room visits for minor and preventable conditions, Becker's Hospital Review reported Monday, citing a new working paper published by the National Bureau of Economic Research. According to the report, patients in New Jesrsey were 4.1% less likely to visit an emergency room for diabetes complications and 12.3% less likely to visit the ER for severe flu symptoms if they lived within two miles of an urgent care clinic. "If people across New Jersey lived within two miles of a retail clinic, it could generate more than $70 million in ER savings," Becker's reported. (Becker's Hospital Review)

 

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Report: Jean Coutu criticizes government negotiations regarding dispensing fees

Jean Coutu founder Jean Coutu spoke out regarding negotiations with Quebec around dispensing fees, according to a report published last week by Canada's Bell Media. Jean Coutu earlier this year agreed to surrender $300 million in collected dispensing fees in return for smaller manufacturer rebates that cut into pharmacy operating margins. "It is an average of $100,000 for each of our locations," Coutu told shareholders BellMedia reported. "It was extremely difficult to digest." (Bell Media)