July 12, 2013

LifePics on Friday announced its integration with Walgreens QuickPrints technology, which will provide its customers greater access to order one-hour photo prints online, through mobile devices or from LifePics-integrated partners, for pick up at any Walgreens location.

July 9, 2013

Kroger on Tuesday announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash as part of a deal valued upward of $2.5 billion.

July 1, 2013

Though Walgreens reported an earnings gain of 85 cents per share, that fell short of Wall Street expectations of 91 cents per share. Subsequently, Walgreens' stock dropped from $48.05 before the earnings release to $44.17 at week's end.

But that's a story for day traders. Outside of the numbers, Walgreens outlined a three-point plan to boost front-end performance going forward. Meanwhile, several industry trends across pharmacy is helping to drive business higher behind the bench. So what happens if Walgreens not only continues its earnings growth trajectory, but actually beat Wall Street expectations next time?

June 25, 2013

The healthcare industry continues to prepare for ACA implementation and the expected influx of newly eligible patients, said Emdeon's Kevin Mahoney. Many pharmacies are changing their staffing models in preparation for customers with expanded Medicaid benefits — especially as we approach the New Year. This is a good time for me to remind you to be thinking about your eligibility program.

June 25, 2013

Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards.

June 17, 2013

During the 2013 HBW conference held in San Antonio, from May 31 to June 3, one of the most anticipated events by attendees was The Showcase venue, which gave suppliers an opportunity to highlight their innovative new products or packaging to retailers and wholesalers attending the event.

June 12, 2013

Walgreens on Wednesday reached an agreement settling DEA concerns relating to the distribution and dispensing of controlled substances.

June 10, 2013

Beginning July 1, Walgreens will be able to provide tube feeding services to Medicare patients in 97 of 100 competitive-bidding areas nationwide, the healthcare solutions provider announced last week. The contracts are up for renewal every three years.

This is just another example of how Walgreens is transforming its pharmacy business into a center for healthcare solutions — this goes far beyond dispensing and ultimately aims squarely at reducing hospitalization costs, another way that Walgreens is helping payers bend the cost curve. It begs the question: Should traditional suppliers be thinking about the role their products can play as Walgreens develops new business segments like infusion services?

May 30, 2013

Fortunately, daily hygiene is more or less recession-proof. Thanks to the near universal usage of soap, bath and shower products, this market has been largely unscathed by the weakened economy and is expected to enjoy growth going forward. That being said, consumers have altered their buying habits of such products in recent years, and are looking for value.

May 22, 2013

Bartlett was most recently president and CEO of the U.S. arm of Hill+Knowlton Strategies, a global business advisory firm serving corporations, nonprofits and associations in 52 countries.

May 17, 2013

During the 2013 Retail Clinician Education Congress last week in Las Vegas, a select group of leaders in graduate nursing education and nursing practice gathered for a historic roundtable discussion.

The roundtable discussion was indeed historic and marked an important event within the convenient care industry as nurse leaders and universities came together to talk and strategize on ways to strengthen the relationship between practice and graduate nursing education in emerging models of care.

May 15, 2013

Alliance Boots on Wednesday reported a double-digit profit gain for its year ended March 31.

May 15, 2013

Canadian retail pharmacy chain Shoppers Drug Mart is offering a range of products for the summer, as well as tips for enjoying the season safely.

May 14, 2013

Americans and their health care plans are spending less on medicines and health services. Is that a good thing?

May 13, 2013

Butterball has entered a licensing agreement with Monogram Food Solutions, LLC, a Memphis, Tenn.-based manufacturer of processed meat, to launch a new line of turkey meat snacks featuring jerky, turkey bacon jerky, turkey nuggets and turkey snack sticks.

May 9, 2013

Success in the mass market can be an uphill battle for some niche brands as retailers trim selection, bolster private-label offerings and pass on smaller brands they perceive as higher risk. However, retailers also are increasingly looking to distinguish themselves from the competition, whether it is through exclusive offerings, customization or in-store services.

May 8, 2013

McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year.

May 8, 2013

Walgreens celebrated the official opening of its latest flagship store, located at Powell and O’Farrell streets in the heart of San Francisco’s Union Square neighborhood.

May 6, 2013

Weis Markets on Monday posted first-quarter sales of $682.7 million, representing an increase of 3.2%. Same-store sales were up 0.8%.

April 26, 2013

Pharmacy's value as part of an outcomes-based healthcare alignment was the highlight of the closing business presentation at the National Association of Chain Drug Stores' 2013 Annual Conference. And now it's up to NACDS members to expose Congress leaders to that value quotient on a regular basis.

That was the message shared by incoming NACDS chairman Bob Narveson. It goes to show that even as the gavel passes from the head of one of the industry's largest pharmacy chains to one of the smaller chains, innovation in patient care is happening at all levels.

April 22, 2013

The National Association of Chain Drug Stores Foundation announced the election of five new members to its board of directors.

April 21, 2013

“We are writing history, and you are historic figures.” That was a key message that Steve Anderson, National Association of Chain Drug Stores president and CEO, had for community pharmacy during Sunday morning’s business session at NACDS Annual Meeting as the association celebrates its 80th anniversary.

April 16, 2013

No longer will the SymphonyIRI Group crunch data for the betterment of CPG companies everywhere, the company's president and CEO Andrew Appel told a packed conference room at the data aggregator's 2013 Summit. At least not as SymphonyIRI Group.

April 12, 2013

The Food and Drug Administration is granting an expedited application process to a company that has developed a treatment for a condition related to Parkinson's disease, meaning that it can cancel a planned late-stage clinical trial, the company said.