November 11, 2015

Usually it takes some time for any individual’s full impact on their company, their profession and their industry to come into focus after that person has moved on.

Such may be the case with Robert I. Thompson, who stepped down Sept. 18 from his position as EVP of pharmacy at Rite Aid.

November 11, 2015

Since Walgreens Boots Alliance announced that it would be acquiring Rite Aid, you’ve likely had some questions about it swirling in your head. Here’s what you need to know. 

November 11, 2015

Health care is transforming, fundamentally and forever. And pharmacy has to change with it. Recognition of that reality has made Rite Aid’s now-former pharmacy leader one of the industry’s leading advocates for a new and broader role for pharmacists.

November 11, 2015

DSN examines chain pharmacy, including in-depth coverage of generics, regulations, technology, automation and medication synchronization, in this multi-page report.

November 11, 2015

Usually it takes some time for any individual’s full impact on their company, their profession and their industry to come into focus after that person has moved on.

Such may be the case with Robert I. Thompson, who stepped down Sept. 18 from his position as EVP of pharmacy at Rite Aid.

November 11, 2015

When he came to Rite Aid in 2004, Robert Thompson brought his own flair for reinvention and entrepreneurialism, shaped by a multifaceted career in both small- and large-chain retail pharmacy and in start-up companies dealing in other sectors of health and wellness.

November 11, 2015

A lot was happening in the world of community pharmacy, as we raced to close this issue of Drug Store News — no news bigger than the late October bombshell that Walgreens Boots Alliance would swallow up Rite Aid, in a deal valued at more than $17 billion all in.

November 6, 2015

CVS Health is a likely buyer for as many as 85% of any stores that will be required to be sold by Walgreens Boots Alliance/Rite Aid by the Federal Trade Commission. 

November 5, 2015

Walgreens may have to shutter as many as 3,000 stores in its bid to buy Rite Aid, or 65% of Rite Aid's store base, according to one real estate analyst in a Fortune story published Thursday, including 1,000 locations Walgreens is willing to jettison as part of any FTC negotiation and another 2,000 locations after the merger is complete. "The post-merger Walgreens real estate imperative will be to minimize cannibalization," noted Garrick Brown, VP research at Cushman for the West Region, adding that there are countless Rite Aid and Walgreens locations opposite one another across the country. (Fortune)

November 2, 2015

The American Diabetes Association estimates that one-third of diabetes patients will develop a skin problem, and many are compounded by poor circulation and high glucose — Skinfix's Diabetic Relief Skincare Regimen aims to help repair damaged skin. 

October 30, 2015

"Competition is essential in every part of our economy, and especially so in a market as complex and important as health care," Sen. Mike Lee, R-Utah, said about Walgreens’ planned acquisition of Rite Aid. 

October 30, 2015

Newsday on Friday reported a federal bankruptcy judge approved the sale of 74 pharmacies and assets to CVS Health and Rite Aid in a deal valued collectively at more than $31.4 million. "CVS will purchase the prescription records from 58 stores [and] Rite Aid will purchase the prescription records of 16 stores," the paper reported. (Newsday)

October 30, 2015

Walgreens currently operates 8,173 stores in all 50 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Rite Aid, meanwhile, operates 4,561 locations across 31 states and Washington, D.C.

October 29, 2015

Rite Aid is making some key executive moves even as the company is on the verge of merging with Walgreens in a $17.2 billion deal.

October 29, 2015

Total drug store sales for the 34 weeks ended Oct. 24, 2015 increased 2.2% with sales of $17.4 billion.

October 27, 2015

A deal would bring the No. 1 and No. 3 retail pharmacy operations under one roof, creating a pureplay pharmacy operator with more than 12,786 stores and more than $67.1 billion in pharmacy revenue, according to figures from DSN's Annual PoweRx Industry Rankings. 

October 27, 2015

“Today’s announcement is another step in Walgreens Boots Alliance’s global development and continues our profitable growth strategy," Stefano Pessina, Walgreens Boots Alliance executive vice chairman and CEO, said.

October 21, 2015

“This crisis is taking lives — it’s destroying families and shattering communities all across the country,” President Obama said in remarks at a community forum meant to kick off his administration’s new push to curb opioid abuse. 

October 21, 2015

In light of a U.S. House of Representatives subcommittee on MTM programs, Rite Aid’s field clinical services director testified and both the NACDS and NCPA submitted statements calling for expanded MTM programs. 

October 20, 2015

Rite Aid EVP Bryan Everett, U.S. Rep. Elijah Cummings and others commemorated the reopening of a Rite Aid store damaged during protests earlier this year. 

October 20, 2015

See photos from the grand reopening of Rite Aid’s store at 300 Martin Luther King Jr. Boulevard in Baltimore. 

October 16, 2015

Move over metrosexuals and lumbersexuals. The new guy in town is a spornosexual. He’s buff, isn’t afraid to admit to using moisturizers and has the confidence to make his own decisions about facial hair. He might grow out a beard during No-Shave November and go sleek the next month.

October 16, 2015

For Rite Aid’s pharmacist Femi Afilaka, pharmacy is about “going above and beyond.” Afilaka is a pharmacist in a Newark, Del.-based Rite Aid store and has been with the company since March 2003. In that time he has developed a reputation for his devotion to patient care, for delivering that extra touch of customer service and for truly embracing the “fast and friendly” company initiative.

October 15, 2015

With Rite Aid's Medicare Advisor tool, customers can compare the estimated annual costs of various plans, including monthly premiums, brand and generic co-pays and drugs covered.