Dept. Pharmacy

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  1. Trends & External Forces

COVID-19 Vaccine Booster Doses Available at Publix Pharmacy

LAKELAND, Fla.–(BUSINESS WIRE)–In accordance with recent CDC approval, Publix Pharmacy will administer booster doses of the Moderna, Pfizer and Johnson & Johnson COVID-19 vaccines to eligible individuals. Booster doses are available starting today. Appointments can be made through the company’s online reservation system for times starting Saturday, Oct. 23. Eligibility Immunized individuals may choose among […]
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  1. Department: HBC

Amber Specialty Pharmacy promotes three

OMAHA, Neb. — Hy-Vee’s Amber Specialty Pharmacy subsidiary has promoted three executives to new posts that focus on continued growth and innovation for the company, which was named 2020 Specialty Pharmacy of the Year by the National Association of Specialty Pharmacy. In the promotions announced on Friday, John Ortner transitions to senior vice president of […]
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  1. Trends & External Forces

Chains now offering Moderna and J&J boosters

NEW YORK — The Centers for Disease Control and Prevention formally recommended booster shots for many recipients of Moderna and Johnson & Johnson’s vaccines. As a result, up to 99 million Americans are now eligible for additional doses bolstering protection against COVID-19 beginning Friday. This follows FDA authorization of a Pfizer booster dose on Sept. […]
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  1. Trends & External Forces

WBA expands mental health training program

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA)  is expanding Mental Health First Aid training for more than 27,000 Walgreens pharmacists, while Boots is introducing new services aimed at helping to meet the growing need in communities across Europe and the U.K., the company said Thursday. “The majority of our patients and customers see their pharmacist […]
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  1. Channel: Drug

CVS Health, Aetna offer ‘first-of-its kind’ health plan

WOONSOCKET, R.I. — CVS Health and Aetna are joining forces to offer The Aetna Connected Plan with CVS Health, described as a first-of-its-kind plan designed to help members access health care when and where they need it, at a lower cost than a traditional plan. CVS Health – Lansdale, PA The plan — available in […]
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  1. Trends & External Forces

Fresh Evidence: How Health Systems Steer Prescriptions to Their Own Specialty Pharmacies

Hospitals and health systems are rapidly expanding their internal specialty pharmacies—and they’re using questionable tactics to boost revenues and profits. A new American Society of Hospital Pharmacists (ASHP) survey of health system pharmacies offers fresh insights into how these systems steer prescriptions to their internal specialty pharmacies: For most health systems’ in-house specialty pharmacies, more […]
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  1. Corporate Finance

Albertsons Companies, Inc. Reports Second Quarter Fiscal 2021 Results

On a two-year stacked basis, AlbertsonsCos saw identical sales growth of 15.3% and digital sales growth of 248%.
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  1. Department: HBC

Video Forum: Brian Nightengale, AmerisourceBergen

In the first installment of a two-part interview, Brian Nightengale, newly appointed president of community and specialty pharmacy and long-term care at AmerisourceBergen, talks about the company’s Good Neighbor Pharmacy network, the expanded scope of his responsibilities, and Jennifer Zilka, his successor as president of Good Neighbor. In addition, Nightengale offers insights about the slowly […]
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  1. Channel: Mass

Walmart Selects Transcarent To Provide Go-to-Market Solution for Self-Insured Employers 

Bentonville, Ark., and Palo Alto, Calif., October 15, 2021 — Walmart (NYSE: WMT) and Transcarent today announced they would be working together as go-to-market partners for self-insured employers across the country.  The agreement allows Transcarent, which offers employees and their dependents a new, different and better health and care experience, to share Walmart’s everyday low cost on pharmaceuticals and other services with self-insured employers […]
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  1. Channel: Drug

Walgreens CEO sees healthcare as ‘new growth engine’

Walgreens Health is a new division of Walgreens Boots Alliance that will focus on delivering medical care and testing. CEO Roz Brewer said the new focus will “transform us away from retail and just dispensing pharmaceuticals. It will be about the lives that we manage, and the lives that we touch and the lives that […]
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  1. Department: HBC

What to Expect at This Year’s Asembia Specialty Pharmacy Summit (Guest Post)

Today’s guest post comes from Jayne Hornung, Chief Clinical Officer at MMIT. Jayne discusses changes in the life science and specialty pharmacy industries since the COVID-19 pandemic began. She highlights three key trends that pharma companies, plan sponsors, and others will consider as we head to the upcoming Asembia Specialty Pharmacy Summit (October 26 to 29 […]
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  1. Channel: Drug

WBA makes $5.2 billion investment in VillageMD

DEERFIELD, Ill. —  Walgreens Boots Alliance (WBA) has agreed to make an additional investment in VillageMD to advance its strategic position in the delivery of value-based primary care, a $1 trillion, fast-growing segment of the health care system. The companies said on Thursday that the $5.2 billion investment will accelerate the opening of at least […]
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  1. Trends & External Forces

NACDS report shows expanded role of pharmacies

ARLINGTON, Va. – A new report released Thursday by the National Association of Chain Drug Stores and the Johns Hopkins Center for Health Security describes pharmacies’ success before and during the COVID-19 pandemic in confronting health inequities and disparities and issues recommendations for further progress in this critical area. The report, entitled “Striving Toward Health Equity in […]
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  1. Channel: Drug

WBA unveils strategic plan for profitable growth

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Thursday announced a new long-term growth strategy based on delivering consumer-centric health care. As part of that effort, the company is launching a new business segment, Walgreens Health, that is enabled by investments in VillageMD and CareCentrix and designed to accelerate the company’s capabilities in primary care, […]
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  1. Channel: Drug

Walgreens Boots Alliance fills key roles

DEERFIELD, Ill. — Walgreens Boots Alliance has filled two key executive leadership positions, the company said on Tuesday. Holly May was appointed executive vice president and global chief human resources officer and Anita Allemand was appointed chief transformation and integration officer. May and Allemand will both report to WBA CEO Roz Brewer, as members of […]
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  1. Corporate Strategy

Cornell and Montgomery will be among NRF honorees

WASHINGTON — The National Retail Federation will recognize Target chairman and chief executive officer Brian Cornell with its The Visionary award, which will be presented during the seventh annual NRF Foundation Honors event in New York City. CVS Pharmacy president Neela Montgomery will also be honored as one of the People Shaping Retail’s Future 2022. […]
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  1. Channel: Grocery

New Hy-Vee store brings shopping into the future

EAU CLAIRE, Wis. — Hy-Vee Inc.’s newest store opened here September 28 with many of the amenities that the regional supermarket chain is known for plus new features that modernize the shopping experience. At 92,163 square feet, it’s one of the West Des Moines, Iowa-based chain’s largest stores and one of just four it operates […]
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  1. Media & Marketing

Conducting Patient Access in an Evolving Market

Today’s guest post comes from Bill Dupere, Practice Lead and VP of Market Access Solutions and Eric Willis, VP of Operations Hub and Reimbursement Services at TrialCard. Bill and Eric discuss the complexities of digital patient support program technologies and introduce TrialCard’s integrated suite of solutions. To learn more, please contact Trialcard at sales@trialcard.com or […]
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  1. Trends & External Forces

Emerson Industry Day unites retailers, suppliers

Ed Morgan, president and partner of Emerson Group, co-hosted the virtual event. PHILADELPHIA — While the COVID-19 pandemic is by no means a thing of the past, its profound impact over the last 18 months on so many different aspects of life has naturally raised the question of what lies ahead, what is next — […]
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  1. Channel: Grocery

Hy-Vee to offer COVID testing in Des Moines locations

WEST DES MOINES, Iowa — Hy-Vee Inc. will begin offering rapid PCR COVID-19 testing at five Hy-Vee Pharmacy locations in the Des Moines metro starting Oct. 6, the company said Tuesday. Testing will take place via an outdoor, drive-thru testing process. Patients can receive same-day test results in as few as 30 minutes (up to […]
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  1. Associates & Employees

Kroger to hire 20,000 associates for holiday season

CINCINNATI — Kroger’s Family of Companies’ second nationwide hybrid hiring event, including virtual and on-site interviews, will take place from 2-5 p.m. ET Oct. 13. The company’s mission is to hire 20,000 associates by finding talent for retail, e-commerce, manufacturing, supply chain, merchandising, logistics, corporate, and pharmacy and health care roles. “The Kroger Family of Companies is […]
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  1. Channel: Grocery

The Kroger Family of Companies to Hire 20,000 Associates

America's largest grocery retailer to host nationwide holiday hiring event on October 13.
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  1. Channel: Drug

Pharmacy chains respond to opioid lawsuit, Americans take responsibility for data security, and Home Depot announces delivery partnership with Walmart

Also: Bank of America creates financing directory for women entrepreneurs, Tesla explains racism lawsuit to employees, William Shatner goes to space, and more. Hello, communicators: October is National Women’s Small Business Month, and Bank of America is marking the occasion by launching the Bank of America Access to Capital Directory, a resource designed to educate […]
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  1. Channel: Drug

Pharmacies accused of filling black market pipeline with opioids

Lawyers arguing a suit against major retail pharmacy operators allege the companies indiscriminately filled prescriptions of opioids that made their way to the black market, causing citizens in two Ohio counties to become addicted to the drugs. Mark Lanier, a lawyer for Lake and Trumbull Counties, told a federal grand jury in his opening statement […]
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  1. Channel: Drug

Rite Aid Evolving with a Fresh Food Focus

  Retailer after retailer find that evolving with consumers pays off in the long run. Consumers are dynamic not static and retailers must be as well.  Demand for grocerant niche Ready-2-Eat and Heat-N-Eat fresh food had created new growth for many a retailer as regular readers of this blog know. Steven Johnson, Grocerant Guru® at […]
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  1. Trends & External Forces

NEW: The 2021–22 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors

I am pleased to announce our new 2021–22 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors, available for purchase and immediate download. Click here to download a free report overview (including a summary of industry trends, the Table of Contents, and a List of Exhibits) New Drug Channels Institute Study: Biosimilars Are Delivering Higher Profits […]
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  1. Corporate Strategy

NACDS’ Anderson to chair American Society of Association Executives

ARLINGTON, Va. — National Association of Chain Drug Stores president and CEO Steven Anderson has been selected to chair the American Society of Association Executives (ASAE) board of directors. Steve Anderson Anderson assumed this responsibility at the ASAE Annual Meeting, which was held virtually earlier this month. This week, he is playing a leadership role […]
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  1. Trends & External Forces

Kinney Drugs names Marraffa president

GOUVERNEUR, N.Y.— Kinney Drugs has appointed John Marraffa as president of the chain, the company said Thursday. Marraffa joined the KPH Healthcare Services organization in 2019 as vice president of Government Affairs and Healthcare Services Integration. “John is extremely well-qualified to lead the dedicated team of Kinney Drugs employee-owners. John really knows his stuff and […]
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  1. RetailWit QuickWit

Daily QuickWit (10/21) – Top Retail News of the Day

Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
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  1. Channel: Grocery

Kroger Debuts Private Programmatic Advertising Marketplace

Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
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  1. RetailWit QuickWit

Daily QuickWit (10/19) – Top Retail News of the Day

Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]
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