Johnson & Johnson Medical Devices is consolidating its medical device divisions under one umbrella to better serve its hospital customers, mirroring how J&J builds upon its relationship with retail giant Walmart, Gary Pruden, J&J’s executive vice president and worldwide chairman for medical devices, told MedCity News Monday. “I have more than a dozen companies in the U.S. for example and in the past, they would all go to the hospital system provider separately. They all have separate P&Ls, they all operate independently, they all go separately,” he said. “We made a conscious decision and actually this year we integrated all the different business into one single P&L and I have one single strategic account management group in the U.S.” (MedCity News)
Walmart Pharmacy & Business News
The Walmart Restorative Justice Initiative is a collaborative partnership between APD, Walmart and CEC that has significantly improved the department’s response to shoplifting offenses.
Walmart is testing new technology that could revolutionize the way customers pick up purchases they ordered online.
ORLANDO, Fla. - Kroger may not be the only retail pharmacy in the hunt for divested Rite Aid stores following the proposed merger between Walgreens Boots Alliance and Rite aid, BNL Finance reported in a blog posted Thursday. In fact, they may not even be a good fit - Walmart in its move toward smaller retail footprints may be a better suitor. "However, I think the sleeping giants that no one is talking about ... are competing pharmacy benefit managers like Express Scripts Holding and Catamaran," wrote Brian Nichols, BNL Finance editor-in-chief. "All of Express Scripts and Catamaran’s competitors are getting stronger in the PBM space, with a combination of retail pharmacies, wholesale and PBM. [So] don’t be surprised if Express Scripts and Catamaran ... make a move to form a retail pharmacy business with 700 Rite Aid stores." (BNL Finance)
Walmart, Ria and MoneyGram on Tuesday announced a series of changes to their money transfer services that deliver lower prices, greater convenience and a simplified fee structure for customers.
The grant is part of the Walmart Foundation's ongoing commitment to strengthen communities by committing to provide nutrition education to four million people by 2020.
Ron Loveless, the first CEO of Sam's Club who grew the retailer for several years before retiring in 1986, has died.
With just weeks to go before its annual Industry Issues Summit conference — one of the most highly-anticipated, must-attend events on the drug store industry calendar — Drug Store News has announced another top-tier roster of some of the most talented and creative retail executives in the business for the annual thought-leadership/networking event.
The shave category is trying to get its groove back, and where sales are up a healthy 10.6% for the 52-week period ended Sept. 4, 2016, as tracked by IRI across multi-outlets.