December 15, 2011

Kroger on Thursday announced that four of the UFCW/multi-employer pension funds to which the company contributes will merge into a new fund, effective Jan. 1. This new arrangement is expected to reduce Kroger's annual pension contribution expense and will secure the pension benefits of more than 65,000 Kroger associates.

December 14, 2011

Ric Jurgens, chairman and CEO of Midwestern supermarket chain Hy-Vee, will retire on June 1, the company said Wednesday.

December 14, 2011

The National Association of Chain Drug Stores on Wednesday challenged some of Express Scripts' and Medco's testimony during last week's hearing before the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, most notably that PBMs are subject to state regulation in all states and that as a PBM the two companies have no influence on the design of prescription drug benefits.

December 13, 2011

The unemployed and underemployed have limited access to health care and, in many cases, are putting off seeking medical care, according to the "Long-Term Unemployed Survey" released on Monday by NPR News and the Kaiser Family Foundation.

December 13, 2011

New York state Gov. Andrew Cuomo has signed into law a bill that would forbid health insurers from requiring plan members to order prescription drugs from mail-order pharmacies, according to published reports.

December 9, 2011

The longer this proposed Express Scripts-Medco deal remains under the microscope, the more people don't seem to like what they see. The general tone at this Senate hearing was against the merger.

December 5, 2011

Bankrupt grocer A&P has announced that the Locals of the United Food and Commercial Workers International Union have ratified modifications to the collective bargaining agreements with the company — a key step toward completing the company’s financial restructuring.

December 5, 2011

Senior Walmart executives regularly invoke the name of Sam Walton when it serves to reinforce a point regarding the company’s business model or the cultural principles on which Walton is said to have founded the company.

December 5, 2011

Nipro Diagnostics on Thursday was recognized by the Manufacturers Association of Florida with the 2011 Manufacturer of the Year Award.

December 5, 2011

Since the inception of retail-based health clinics in 2000, the concept has grown to more than 1,300 locations throughout the United States. The real question now: Are we on the brink of clinics version 2.0?


December 5, 2011

Following the settlement of a patent-litigation suit with Swiss drug maker Novartis over the patch Vivelle-Dot (estradiol transdermal system), a drug for treating symptoms of menopause, Mylan said it had received a patent license to begin selling its version of the drug in December 2013.


December 2, 2011

Walgreens' chief information officer Tim Theriault has been named to Computerworld's "Premier 100 IT Leaders for 2012," a list that annually recognizes individuals who have made significant impacts on their organization through technology excellence and leadership, the drug retailer announced Friday.

December 2, 2011

Unilever is looking to close the Alberto-Culver plant outside of Chicago in Melrose Park in 2013, and, in a few months, will begin laying off at least 600 employees, according to a Chicago Sun-Times report.

November 30, 2011

Record-breaking attendance, a high-profile keynote speaker, four engaging panel discussions on some of the hottest issues facing the industry and exclusive consumer videos set the stage for the 13th annual Drug Store News Industry Issues Summit held on Tuesday in New York.

November 30, 2011

Internet retailers have an unfair advantage over Main Street merchants when it comes to sales tax, and legislation may be the solution to help level the playing field, according to the National Retail Federation.

November 29, 2011

Take Care Health Systems, a subsidiary of Walgreens, on Tuesday announced a relationship with Cisco to operate the LifeConnections Health Center on Cisco's campus in San Jose, Calif.

November 29, 2011

Supervalu banner Save-A-Lot will open a new 330,000-sq.-ft. food distribution center in Lexington, N.C., on Wednesday.

November 29, 2011

Walgreens' chief medical officer Cheryl Pegus delivered a keynote session Tuesday at the National Conference of State Legislatures Fall Forum in Tampa, Fla., to outline innovative approaches in health care today, and shared how Walgreens complements these new models.

November 28, 2011

The Food and Drug Administration last week took legal action against the dietary supplement manufacturer ATF Fitness Products for substituting ingredients and products without noting the changes on the final product labels.

November 22, 2011

Dutch supermarket operator Royal Ahold reported sales of $9.3 billion and profits of $347.8 million in third quarter 2011, the company said.

November 22, 2011

Generic drug maker Par Pharmaceutical has promoted Thomas Haughey to president and Paul Campanelli to COO, the company said. The promotions take effect immediately.

November 22, 2011

A UnitedHealth Group company announced its plans to acquire a sponsor of Medicare Advantage health plans in an all-cash transaction.

November 21, 2011

Almost one-third of Americans who have not had enough money to pay for health care and/or medicine in the past 12 months are smokers, according to the October 2011 Gallup-Healthways Well-Being Index.

November 21, 2011

Perrigo on Monday named Christopher Roop to the post of VP corporate development.