Channel: Drug

Articles about the drug channel.

  1. Channel: Drug
NEW YORK — On Wednesday a panel of federal judges ordered that more than 80 cases accusing CVS Health, Walgreens Boots Alliance and Walmart of selling generic Tylenol (acetaminophen) without warning of a potential link to autism if taken during pregnancy be consolidated. The cases have been consolidated for multi-district litigation to Judge Denise Cote of […]
  1. Channel: Drug
DEERFIELD, Ill. — Walgreens and Lexie Hearing announced Thursday that Lexie Lumen hearing aids will be available over-the-counter at Walgreens stores nationwide for adults ages 18 and older with mild-to-moderate hearing loss starting October 17. This announcement follows the passage of the OTC Hearing Aid Act by the Food and Drug Administration (FDA), which allows […]
  1. Channel: Drug
We had a story the other day about Rite Aid grappling with severe shoplifting issues in its New York City stores, prompting MNB reader Rich Heiland to write: Interesting note about Rite-Aid. There is a Rite-Aid a block or so from our apartment in downtown West Chester, PA we use. Last summer they posted signs on […]
  1. Channel: Drug
The Wall Street Journal reports that Walgreens is using robotics to help compensate for staffing shortages in its retail pharmacies, “setting up a network of automated, centralized drug-filling centers that could fill a city block. Rows of yellow robotic arms bend and rotate as they sort and bottle multicolored pills, sending them down conveyor belts. […]
  1. Channel: Drug
DEERFIELD, Ill. — Walgreens is supporting storm relief efforts in communities across Florida, Puerto Rico and other areas impacted by Hurricanes Ian and Fiona, with $1 million in donations announced on Monday. The donations include $500,000 each to the Florida Disaster Fund and the American Red Cross Hurricane Fund. The American Red Cross donation goes […]
  1. Channel: Drug
Business Insider reports that Rite Aid “is struggling against increased theft at its New York City stores that executives say cost the pharmacy chain $5 million in losses during its most recent quarter … In a call with investors Thursday, executives said the company is testing new security efforts to prevent theft in high-crime areas. […]
  1. Channel: Drug
Walgreens is setting up a network of prescription drug fulfillment centers to serve customers at local stores. The fulfillment centers make use of robots to fill prescriptions more quickly than human pharmacists. “This frees up the capacity of our most skilled professionals,” said Rina Shah, group vice president of pharmacy operations and services at Walgreens. […]
  1. Channel: Drug
ESG has been important to companies and to investors though recently there has been some blowback from certain segments of the market on whether ESG is a feel-good, hard to measure, share-holder unfriendly and fuzzy goal. This piece proposes that while ESG remains important a new ESG which is far more focused and therefore measurable, […]
  1. Channel: Drug
PHILADELPHIA – Rite Aid had mixed second quarter results, reporting sales that beat analysts’ forecast but posting a wider than expected loss. The company ‘s $5.9 billion in revenue topped Wall Street’s prediction of $5.77 billion. But its adjusted 63 cents per share loss was worse than the anticipated 55 cents per share. For fiscal […]
  1. Channel: Drug
Incontinence, better known as a loss of bladder control, affects approximately 13 million Americans – 85% of whom are women. As a practicing physical therapist since 1977, Faye Pryor commonly encountered the consequences of this problem while treating patients with fall-related injuries. While assisting a patient with a bedpan, major spillage occurred on her clothes […]
  1. Channel: Drug
Walgreens had to reduce hours of operations for two pharmacies in Cambridge, MA, as a result of not having enough staff on hand. “In communities impacted by staffing shortages, we adjust hours of operation with the goal of creating minimal disruption for customers and patients. In such instances, we will direct customers to other nearby […]
  1. Channel: Drug
NEW YORK — Food Allergy Research & Education (FARE) said it is joining with CVS Pharmacy as the exclusive retail partner of the FARE Teal Pumpkin Project 2022. This program is a yearly effort to make trick-or-treating safer and more inclusive for the one in 13 children in the U.S. living with food allergies and […]
  1. Channel: Drug
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Tuesday a new leadership structure for its U.S. business segment with Walgreens president John Standley leaving the company to pursue other opportunities. The new segment will now be organized under two leaders: Pharmacy led by Lee Cooper, and Retail led by Tracey Brown, president, Walgreens Retail […]
  1. Channel: Drug
Many emerging brands ask, which is better, getting my product in-store or selling online? With only so many available resources, determining where, when, and how to dedicate your time and dollars is crucial to increasing your chances of landing a deal with your dream retailer.  Earlier this month, industry experts from Walgreens, Allume Group, Market […]
  1. Channel: Drug
PHILADELPHIA – Rite Aid will offer Family Immunization Days at select stores, including Bartell Drugs in the Pacific Northwest, providing families opportunities to walk in and get the vaccinations they need to protect themselves against COVID-19, the flu and other diseases. Rite Aid Family Immunization Days take place from 4 p.m. to 8 p.m. on […]
  1. Channel: Drug
Gen Z is arguably one of the most in-demand, and yet most elusive, generations of our time. While some brands claim to completely understand what these consumers really want, there are many times when Gen Z shoppers’ thoughts and behaviors don’t quite match up. And at a time when knowing and resonating with your customer […]
  1. Channel: Drug
CLEVELAND, Ohio — Two Ohio counties have been awarded $650 million in damages in a lawsuit against CVS, Walgreens and Walmart, claiming the way the pharmacy chains distributed pain medications significantly harmed the communities. The August 17 ruling is the first by a federal judge that assigns monetary damages against the chains for their roles […]
  1. Channel: Drug
PHILADELPHIA — Rite Aid announced on Monday that Steve Bixler, vice president of financial accounting, will become the new chief accounting officer effective Jan. 13, 2023, following the retirement of Brian Hoover who has served in the role for the last three years during his 27 years with Rite Aid. Bixler will report to chief financial […]
  1. Channel: Drug
Walmart is expanding its presence in the medtail space through a 10-year partnership with healthcare and insurance provider UnitedHealth Group that will begin in January 2023. The partnership will launch at 15 Walmart Health locations in Florida and Georgia, with plans to expand to additional locations. Walmart will incorporate UnitedHealth Group’s Optum program to provide […]
  1. Channel: Drug
Walmart announced this week that it is teaming up with UnitedHealth Group for what they call “an initial 10-year, wide-ranging collaboration, bringing together the collective expertise of both companies in serving millions of people with high-quality, affordable health services that improve health outcomes and the patient experience,” especially, in the beginning, for senior citizens. “The […]
  1. Channel: Drug
The state of New Mexico is suing Kroger, Walgreens and Walmart for failing to police the distribution of prescription opioids to its citizens. New Mexico Attorney General Hector Balderas said the three retailers dispensed more than 550 million opioid pills between 2006 and 2019, the equivalent of more than 263 for every person living in […]
  1. Channel: Drug
WASHINGTON–(BUSINESS WIRE)–Green America released a new update to its Skip the Slip report on the impacts of paper receipts on forests and climate change, as well as how the chemicals used on receipt paper affect consumer and employee health. The report also features a scorecard that grades 33 major U.S. companies on their progress to […]

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  1. Channel: Drug
Kroger’s meal solutions company Home Chef is in the spotlight with a celebrity chef partnership, per a Wednesday announcement. Home Chef has linked up with Rachael Ray on a new line of meal kits available in more than 1,300 Kroger stores and online. The first recipe available under the collaboration is a steakhouse burger with Dijon […]
  1. Channel: Drug
Dive Brief: Walmart has entered a definitive agreement to purchase micro-fullment center (MFC) developer Alert Innovation, according to a Thursday press release. Financial terms of the deal were not disclosed. The retailer is taking over Alert after working with the startup on a multi-year pilot of the company’s robotic grocery order-fulfillment technology, known as Alphabot. Walmart is absorbing […]
  1. Channel: Drug
Peloton will eliminate 500 jobs in its latest round of layoffs, which began in February 2022 with cuts of 2,800 positions. While the layoffs will be felt companywide, they will heavily impact the marketing department. In an interview with the Wall Street Journal, Peloton CEO Barry McCarthy noted that this recent elimination of approximately 12% […]
  1. Channel: Drug
Tesco has warned its full-year results will be lower than expected with profits plummeting and online sales dropping by 11.3% as consumers turn to discount rivals. For the six-month period ending 27 August, Tesco posted a 10% fall in underlying retail operating profits to £1.25bn, despite group sales (excluding fuel) rising 3.1% to £28.2bn. Despite […]

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