Duane Reade, which is owned by Walgreens, is opening on July 6 its 22,000-sq.-ft. flagship store that has a decided “up market focus” with exclusive services and amenities never seen before in a Duane Reade or any other drug store.
Duane Reade unveiled on Tuesday its new flagship store at the iconic 40 Wall St. — an impressive co-branded location that undoubtedly represents a milestone as it brings together under one roof the best ideas of Duane Reade and Walgreens and leverages innovative technology throughout to enhance the shopping experience.
McKesson sparked its McKesson IdeaShare Conference at the Moscone Convention Center from June 29 through July 2 with a number of programs designed to bolster the competitiveness and profitability among independent pharmacies.
Somehow, someway, Walgreens will be the first to figure out how to beam a prescription right into a patient's medicine cabinet "Star-Trek" style. Because as sure as the chain's e-commerce president Sona Chawla is to Walgreens as Scotty is to the USS Enterprise, Walgreens is moving at light speed in monetizing and capitalizing on multichannel retailing. And the chain hasn't even got its multichannel engines really revved yet.
Former Unilever executive Michael Polk has been appointed president and CEO of Newell Rubbermaid, effective July 18. He succeeds Mark Ketchum, who is retiring but will remain a director until May 2012.
As Seen on TV products are grabbing more space in chain drug stores. “Consumer interest is higher than it has ever been,” said AJ Khubani, CEO and founder of TeleBrands. “More retailers are recognizing the importance of the category. More are getting into the category, and those already in the category are giving it more shelf space.”
Drug Store News has learned that Tim Canning, president of McKesson’s Health Mart division, is leaving the company to take the position of SVP and chief marketing officer at Omnicare. The move is effective June 17.
Top Five Labs on Monday announced its intent to expand distribution of its XRP Energy product — endorsed by former National Football League quarterback Brett Favre — nationwide after a successful test launch in select convenience stores and marts throughout Alabama, Mississippi, Florida, Wisconsin and Minnesota.
The Patient Protection and Affordable Care Act has been a bête noire among much of the Republican party since President Obama signed it into law. But as GOP presidential candidates prepared for the first official debate in Manchester, N.H., one group launched a series of ads defending it and other programs to address the nation’s health coverage gap.
Walgreens and Northwestern Memorial Physicians Group of Chicago on Wednesday announced a new coordinated healthcare program in which Walgreens will share the results of appropriately timed pharmacist clinical interventions with primary care physicians of selected patients.
Capping off a meeting that brought hundreds of independent community pharmacists to Washington for the National Community Pharmacists Association Legislative Conference, members of Congress joined pharmacists at the Capitol on Wednesday to discuss the cost-saving services provided by local pharmacies now and in the future.
Happy days are here again! Consumer confidence rebounded 1.6 points in April from a dip in March, according to the Consumer Confidence Index, despite the fact that high-gas-price stories are dominating the airwaves.