February 10, 2012

The Deloitte Consumer Spending Index continued on a downward trend in January, and consumer spending will face additional economic headwinds in 2012, according to Deloitte.

February 10, 2012

Controversy over a plan by the Obama administration to require health insurance plans to provide free contraception to women has led the administration to seek a policy that it is calling a compromise with conservative groups opposed to the measure, according to published reports.

February 10, 2012

The regulatory review of the Express Scripts-Medco merger now is in its final stages, and with the clock ticking down to that 30-day deadline, you can expect a full court-press from retail pharmacy interests looking to block the deal.

February 9, 2012

The National Association for Female Executives on Wednesday released its list of the "Top 50 Companies for Executive Women."

February 7, 2012

Apparently, there’s life after Express Scripts.

February 3, 2012

The impact of the failed Express Scripts negotiations on Walgreens' sales has been significant to date, as evidenced by Walgreens' January sales release issued Friday.

February 3, 2012

Walgreens is helping to redefine what it means to be a successful retail pharmacy operator. The proof is in this new direction that Walgreens is taking — approaching employers and payers with a comprehensive, cost-lowering strategy across that company's entire health spend, not just their prescription spend.

January 31, 2012

Viewed through an Express Scripts lens, Walgreens' new hire announcement — naming Robyn Peters to group VP managed market sales — may appear timely. The drug store chain is approaching an aggressive marketing overture behind its entire lineup of healthcare proficiency during the first pharmacy benefit manager selling season that it is no longer part of the Express Scripts pharmacy network.

January 30, 2012

Will the merger of Express Scripts and Medco go through? Not if pharmacy lobbyists can stop it. There’s nothing new about the fact that different industry groups connected with retail pharmacy or health care can hold strongly opposing views about what’s good or profitable for their own members. But for undisguised hostility and tit-for-tat charges and countercharges, nothing comes close to the long-running feud between independent pharmacy and the pharmacy benefits management industry.

January 30, 2012

Walgreens on Monday evening named 25-year veteran Robyn Peters group VP managed market sales, where she will lead all sales and account management activities in the company’s employer, health systems, health plans, government and small and individual payer segments, along with client retention, expansion programs and sales operations for Walgreens. Peters will report to Jeff Berkowitz, Walgreens SVP pharmaceutical development and market access.

January 27, 2012

The New England Journal of Medicine on Thursday published an op-ed online that called for more rule-making to govern dietary supplements in an effort to rein in the criminal activity of illicit prescription drug manufacturers that openly disregard the laws currently in effect.

January 26, 2012

Walgreens and the Juvenile Diabetes Research Foundation on Thursday jointly announced that Walgreens' community-based programs helped raise more than $1.4 million in 2011 for JDRF causes.

January 26, 2012

Walmart on Wednesday opened its second supercenter in Chicago.

January 25, 2012

The Pennsylvania Employees Benefit Trust Fund announced on Tuesday that it has awarded CVS Caremark a three-year contract to provide prescription drug benefits to Commonwealth of Pennsylvania employees, retirees and dependents, beginning July 1.

January 20, 2012

As more of Walgreens' store base is transformed into its Wellness Experience format, the less it becomes an underdog in its hardline stance against Express Scripts.

January 20, 2012

Walgreens’ contract with Express Scripts expired, and millions of Walgreens customers covered by ESI were forced to either move their pharmacy business or come up with some other way to stick with Walgreens. Drug Store News interviewed Walgreens president and CEO Greg Wasson on what the company is doing to hold on to those customers and how it is appealing to payers.

January 20, 2012

Safeway on Friday announced that employees volunteered more than 1 million hours in 2011 as a result of a companywide effort to mobilize its work force and transform communities.

January 19, 2012

Walgreens has transformed 68 locations in the Indianapolis market into health and daily living destinations.

January 18, 2012

Patent expirations of key blockbuster drugs and efforts by payers to contain costs are likely to bring strong growth to the global generic drug market in the next few years as market-earned revenues grow by more than $100 billion, according to an analysis by research firm Frost & Sullivan.

January 16, 2012

It couldn't have been choreographed better if Bob Fosse himself had orchestrated Walgreens' annual shareholders' meeting.

January 16, 2012

That one of the latest attempts to require prescriptions for cough-cold remedies containing pseudoephedrine appears headed for failure isn't just good news for the retailers that sell those products and the people who need them, it also may encourage those trying to curb the manufacture and use of methamphetamine to focus their efforts on methods that already work, such as the National Precursor Log Exchange, also known as NPLEx, a real-time, industry-funded electronic system that tracks sales of PSE products and is active in 17 states.

January 11, 2012

The maker of Twinkies and Wonder Bread has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of New York.

January 11, 2012

One day before Walgreens hosted its 2012 annual shareholder meeting in Chicago on Wednesday afternoon, the chain showcased its latest flagship store to its hometown crowd. And even as Walgreens stares down its Express Scripts counterparts across the field, the head office made one thing perfectly clear to Chicago and its shareholders: Walgreens no longer is on a path to own well; it's on a path to dominate well.

January 9, 2012

A CVS Caremark study found that the company's integrated pharmacy-based program — Pharmacy Advisor — increased medication adherence rates and physician initiation of prescriptions for concomitant medications, improving care for diabetes patients and resulting in savings for health plans, the company announced on Monday.