A report published Thursday in the Los Angeles Times estimated that U.K.-based Tesco has lost up to $2 billion in its failed Fresh & Easy California venture. Tesco had placed the troubled grocer on the sales bloc in December following the departure of Fresh & Easy CEO Tim Mason.
At the start of the year, Drug Store News predicted that 2012 would be a significant year for the convenient care industry as retail-based health clinics gear up for expansion and move closer to version 2.0. Well, that prediction is ringing true.
With the Patient Protection and Affordable Care Act extending health insurance to some 30 million Americans amid an already fragile primary care network, retail-based health clinics are likely to see an influx of patients turning to them for healthcare services.
The National Association of Chain Drug Stores has engaged its Rapid Response Program, issuing a letter to the editor to the Los Angeles Times to highlight the importance of maintaining prescription medication access to prevent patient health complications and the increased need for costly forms of health care.
Such mood disorders as anxiety and depression may be a precursor to diabetes in Latinos, according to a study by University of California at San Diego researchers scheduled for presentation at the American Psychiatric Association’s annual meeting in Honolulu.