Channel: Drug

Articles about the drug channel.

  1. Channel: Drug

CVS Hit With $1.5 Million Fine Over Safety, Staffing

The New York Times reports that “CVS Health, the nation’s largest pharmacy chain with more than 9,000 locations, has been fined more than $1.5 million by Ohio regulators over problems connected to understaffing and patient safety, officials said. “The fines are part of a settlement of 27 cases involving various safety concerns that were uncovered […]
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  1. Channel: Drug

UPDATE: Rite Aid Plans to Close Another 77 Stores in 2024

Update 3/4/2024: As part of its financial reorganization, Rite Aid plans to close an additional 77 stores this year, according to multiple media reports. When it officially entered bankruptcy in October 2023, Rite Aid said it planned to close 154 underperforming stores, and in December 2023 multiple sources reported that Rite Aid planned to close […]
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  1. Channel: Drug

CVS and Walgreens to begin selling abortion pills

NEW YORK — CVS Health Corp. and Walgreens Boots Alliance Inc. said Friday they will begin to offer the abortion pill mifepristone in select states starting this month. The drug-store chains will offer the medication by prescription only at their pharmacies in states where’s it’s legally allowed. The news was first reported by the New […]
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  1. Channel: Drug

CVS Media Exchange (CMX) partners with Pinterest

WOONSOCKET, R.I. — CVS Media Exchange (CMX), a data-led, technology-driven media network that enables partners to reach and better serve CVS Pharmacy shoppers, is partnering with Pinterest and LiveRamp on data clean rooms to bring greater transparency to partners (CPG brand suppliers). Provided by LiveRamp, this clean room solution allows CMX partners to track attributed Pinterest […]
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  1. Channel: Drug

Questions Raised About Amazon’s Health Care Ambitions

The Washington Post has a piece about Amazon’s efforts “to consolidate its telehealth, pharmacy and primary-care services following its $3 billion acquisition of One Medical in 2022. Earlier this month, Amazon laid off hundreds of employees across Amazon Pharmacy and One Medical and announced a corporate restructuring. Current and former employees say the move reignited […]
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  1. Channel: Drug

Rite Aid Healthy Futures welcomes eight members to board

PHILADELPHIA, Pa. – Eight Rite Aid executives have joined the Rite Aid Healthy Futures board of directors, where they will play a key leadership role as the nonprofit continues its work supporting healthier, more equitable neighborhoods. Joy Errico The new members bring a vast slate of experience and expertise to the board, with backgrounds spanning communications, […]
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  1. Channel: Drug

CVS Media Exchange Joins Pinterest’s Clean Room Initiative

CVS Media Exchange (CMX), the retail media network designed to help brands reach and serve CVS Pharmacy shoppers, is partnering with Pinterest and LiveRamp on a new data clean room initiative. Provided by LiveRamp, this clean room solution is designed to give CMX partners greater transparency, allowing them to track and attribute sales driven by […]
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  1. Channel: Drug

WBA lets customers use Medicare Advantage benefits online

DEERFIELD, Ill. — Walgreens says it is the first community pharmacy to accept a broad array of Medicare Advantage supplemental benefits online. Eligible members can now shop from a catalog of approximately 1,700 Shop Eligible Products via Walgreens.com and the Walgreens app. Consumers have been able to shop using their Medicare Advantage supplemental benefits in […]
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  1. Channel: Drug

WBA names Minnix EVP and global chief legal officer

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer. Minnix, most recently EVP, general counsel and corporate secretary for Ecolab, Inc., will assume her new role with WBA on April 15. Lanesha Minnix Minnix, who will report to WBA CEO Tim Wentworth […]
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  1. Channel: Drug

Your Views:  No Real Future

MNB reader Rich Heiland had a thought about out continuing conversation about CVS’s shortcomings: I consider drug stores a commodity. None of them do anything to distinguish themselves from one another in any significant way. I live in a downtown area. There is a Rite-Aid a block or so away. I go there. If there […]
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  1. Channel: Drug

CVS Partners with Grubhub for Deliveries From its 6,000+ Stores

CVS Pharmacy has partnered with Grubhub to make thousands of beauty, household, wellness and convenience items available for delivery from its 6,000+ stores in 48 states. The companies are kicking off the relationship with a collection of Daylight Saving Essentials designed to address the grogginess that often follows the time change, which will take place […]
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  1. Channel: Drug

Your Views:  The Complacency Malady

Different reactions to my criticisms of CVS. First, the one that took me to task: KC, shame on you! You have “one” customer who has raged, “outrage”  with a CVS experience.  Hello!  There are about 10,000 CVS locations in the US, and you site one disgruntled customer.  You, if ANYONE, should know that one customer […]
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  1. Channel: Drug

Rite Aid Makes Employees the Stars of New Ad Campaign

Rite Aid has launched its new ‘It Means More’ to celebrate its employees, who represent the company’s “steadfast focus on creating meaningful interactions,” according to a company statement. The pharmacy chain is illustrating its commitment to serving customers by featuring actual employees engaging with visitors in a series of ad spots showing relatable situations, such […]
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  1. Channel: Drug

Rite Aid debuts ‘It Means More’ ad campaign

PHILADELPHIA — Rite Aid has debuted a new ad with the theme ‘It Means More’ ad that puts the retail pharmacy chain’s commitment to its customers in the spotlight, along with the passion and dedication of its employees and their ability to provide unrivaled service to their customers. The chain says it aims to emphasize […]
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  1. Channel: Drug

Grubhub grows convenience offering with CVS

CHICAGO — Grubhub said that it’s now offering thousands of wellness, beauty, household and other convenience items from CVS Pharmacy on its Grubhub Marketplace. More than 6,000 CVS locations are available on Grubhub across 48 states. With daylight saving time around the corner on March 10, Grubhub surveyed consumers to better understand the implications of the time […]
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  1. Channel: Drug

Amazon Powers its Way Onto Dow Jones Industrial Average

In a sign of its enormous role in both the U.S. and world economies, Amazon will join the exclusive “club” of 30 companies that make up the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance. Additionally, Uber has been added to the Dow Jones Transportation Average, driving out JetBlue Airways. Both changes will be […]
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  1. Channel: Drug

Walmart to Buy TV Maker Vizio for $2.3B

Walmart has agreed to buy TV maker Vizio, the companies announced Tuesday, as the largest U.S. retailer grows its high-profit ad business, reports CNBC. Walmart will acquire Vizio for $2.3 billion, or $11.50 per share, in cash. The big-box retailer announced the acquisition as it reported its fourth-quarter earnings. Walmart and its Sam’s Club warehouse […]
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  1. Channel: Drug

CVS Rage Takes Hold As Shoppers Are “Thrust Into Despair”

The Boston Globe has a piece about “CVS rage,” which it characterizes this way: “CVS, how do we hate thee? Let us count the ways: “We dread thine long pharmacy lines, that sometimes end in frustration, with a stressed-looking employee rooting around aimlessly for a bag with your name on it, or informing you that […]
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  1. Channel: Drug

Target Mulls Paid Loyalty Program

Target could soon be following in the footsteps of competitors Amazon, Walmart and Kroger by introducing a paid membership program, according to reporting by Bloomberg and other media outlets quoting people familiar with the matter. Titled “Project Trident” internally, the new program could launch as soon as this year. The retailer already offers its free […]
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  1. Channel: Drug

Walgreens Boots Alliance Exec Appointments: Shakeups Reaffirm Focus on Healthcare

Walgreens Boots Alliance (WBA) CEO Tim Wentworth has made three new executive appointments that reaffirm the company’s focus on health services and retail pharmacy. “Today’s announcement solidifies the leadership team that will carry WBA into its future as we look to expand our reach beyond neighborhood pharmacies into the fastest-growing areas of healthcare,” Wentworth said […]
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  1. Channel: Drug

CVS beats Q4 sales and earnings projections

WOONSOCKET, R.I. — CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.81 billion, beating Wall Street’s estimate of $90.41 billion. […]
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  1. Channel: Drug

Retailers Gain Control of Their Sustainability Goals as the ESG Storm Clouds Start to Gather Over Operations

Using event-driven architecture (EDA), retailers must link essential data at speed and scale throughout their ecosystems near and far to come to grips with now essential environmental, social and governance (ESG) reporting in three key areas. 1. Dead Heading — Optimizing Transportation/Emissions on Every Journey When it comes to transportation within the retail sector, any […]
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  1. Channel: Drug

Why Amazon’s Just Walk Out initiative failed – and why it’s not the end of checkout free technology

It recently emerged that Amazon’s Just Walk Out offering is being dropped from Amazon Fresh stores. However, it’s not checkout-free tech that’s failing, it’s the fact that Amazon’s checkout free solution doesn’t work, especially in grocery retailers, argues Will Glaser, Founder and CEO at Grabango. In the dynamic grocery retail landscape, a transformative wave is […]
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