|
Inside This Issue - News
In a bold move that could further transform the pharmacy business, Walgreen Co. has agreed to acquire a 45% equity stake in Alliance Boots, a global pharmacy and health and beauty care retailer and wholesaler based in London. Retail industry groups criticized the Supreme Court’s 5-4 ruling to let stand the major elements of the Patient Protection and Affordable Care Act (PPACA) health reform law. Walmart has opened five Neighborhood Markets in the Denver area while the format has also made its debut in Georgia and Wisconsin. After 25 years, the National Association of Chain Drug Stores held its final Marketplace Conference here last month. Kings Food Markets has launched Local Fresh 24/7, a program that enables the chain to offer customers farm-fresh produce within 24 hours of harvest. Safeway Inc. has expanded its Just For U loyalty program to its Eastern Division and Denver, after launching it in the Portland, Ore., and Seattle markets in May. CVS/pharmacy has revamped its website to give consumers a more personalized online experience along with more pharmacy and health care tools. CVS Caremark Corp. has named Stephen Gold to the position of chief information officer, effective July 9. He is responsible for bringing new and differentiating technology solutions to the company’s retail and pharmacy benefits management (PBM) business. Rite Aid Corp. has reached a global settlement with counsel for plaintiffs in connection with 15 collective and class-action lawsuits regarding wage and hour claims.
|
