A wide range of factors and "moving parts" will likely make 2012 a challenging year for pharmacy retailers as the economy, generic drugs and the dispute between Walgreens and Express Scripts figure prominently, analysts say.
Walgreens’ Take Care Health Systems, which operates more than 350 clinics inside select Walgreens locations across the country, has announced that patients now can schedule appointments online or in the clinic.
Walmart has named a replacement for Eduardo Castro-Wright, who announced his pending retirement in September. The company announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, effective Jan. 16. Castro-Wright will assist in the transition.
CVS/pharmacy's ExtraCare Rewards program now enables ExtraCare cardholders to send their quarterly ExtraBucks Rewards to their ExtraCare cards, eliminating the need for shoppers to carry paper rewards into their local CVS/pharmacy.
Walgreens on Thursday took its failed negotiations with Express Scripts to Twitter, paying the social media site to promote the hashtag #ILoveWalgreens and setting off a barrage of tweets by tweeting "It's time to take a stand against @ExpressScripts. Tell them people want a choice by tweeting hashtag #ILoveWalgreens." According to Twitter, Walgreens tweeted 126 times on Thursday.
Walgreens on Thursday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend. The dividend is payable March 12, 2012, to shareholders of record Feb. 17, 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.
CVS Caremark's chief healthcare strategy officer on Tuesday outlined how the company's integrated pharmacy-based program for such chronic diseases as diabetes, called Pharmacy Advisor, increased medication adherence rates and physician initiation of prescriptions for concomitant medications to improve patient health.
Walgreens on Tuesday brought the latest example of its flagship retail pharmacy to life in Chicago, tantalizing its hometown crowd with departments most shoppers normally wouldn't associate with a pharmacy.
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.
After announcing a special discount for Express Scripts members on the annual membership fee for the Walgreens Prescription Savings Club, the drug store chain said its PSC gained nearly 125,000 customers in the first week of the new year.
Walmart announced that it is helping customers prepare for tax season by offering low-cost tax preparation services and free in-store federal form 1040EZ filing. The retailer also will provide $3 and $6 check-cashing services.