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  • Target to use pharmacy franchise model for its stores in Canada

    MINNEAPOLIS — Target on Monday announced it will seek independent pharmacists to own and operate the pharmacies in its stores in Canada.

    The chain said it will utilize a pharmacy franchise model for its stores north of the border, the first of which will open in March/April 2013. The strategy is different than in the United States, where Target operates its own in-store pharmacies.

  • New hire at Walgreens underscores 'real opportunity'

    DEERFIELD, Ill. — Viewed through an Express Scripts lens, Walgreens' new hire announcement — naming Robyn Peters to group VP managed market sales — may appear timely. The drug store chain is approaching an aggressive marketing overture behind its entire lineup of healthcare proficiency during the first pharmacy benefit manager selling season that it is no longer part of the Express Scripts pharmacy network.

  • Rite Aid launches Valentine's Day promotion

    CAMP HILL, Pa. — Rite Aid is stocking up on items related to Valentine's Day to help customers celebrate the holiday, the retail pharmacy chain said Monday.

  • Walgreens acquired Rx files from 33 Kmarts

    DEERFIELD, Ill. — Walgreens on Monday announced its acquisition of the prescription files and inventory from 33 Kmart pharmacies in 16 states.

    Walgreens will purchase the pharmacy patient files and transfer them to nearby Walgreens pharmacies, the company stated.

    Walgreens completed the acquisition of the first pharmacy's prescription files and inventory Jan. 27 in Rice Lake, Wis. Acquisition of the other Kmart prescription files and inventory is subject to certain customary terms and conditions, and is anticipated to happen throughout February.

  • Walgreens setting stage for PBM selling season with 25-year vet at the helm

    DEERFIELD, Ill. — Walgreens on Monday evening named 25-year veteran Robyn Peters group VP managed market sales, where she will lead all sales and account management activities in the company’s employer, health systems, health plans, government and small and individual payer segments, along with client retention, expansion programs and sales operations for Walgreens. Peters will report to Jeff Berkowitz, Walgreens SVP pharmaceutical development and market access.

  • Could PBM merger battle get any hotter?

    Will the merger of Express Scripts and Medco go through? Not if pharmacy lobbyists can stop it. There’s nothing new about the fact that different industry groups connected with retail pharmacy or health care can hold strongly opposing views about what’s good or profitable for their own members. But for undisguised hostility and tit-for-tat charges and countercharges, nothing comes close to the long-running feud between independent pharmacy and the pharmacy benefits management industry.

  • Patients are sticking to Walgreens because it's elementary

    WHAT IT MEANS AND WHY IT'S IMPORTANT — Within the first week of 2012, Walgreens signed 125,000 patients to its Prescription Savings Club. By the second week, that number had blossomed to 200,000 patients and subsequently exploded to 500,000 new signees by the middle of week No. 4. You don't need a math whiz with a degree in economics to chart the direction this is headed.

  • Target expands list of Canada stores opening next year

    MINNEAPOLIS — Just a few weeks after unveiling the locations of its first 24 stores in Canada, Target released an expanded list of stores that will debut in 2013.

    The stores listed included two in Alberta, two in British Columbia, 29 in Ontario and one in Saskatchewan. Additional details can be viewed here.

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