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  • Walgreens unveils newly renovated stores in Indianapolis

    DEERFIELD, Ill. — Walgreens has transformed 68 locations in the Indianapolis market into health and daily living destinations.

    The drug store chain hosted a ribbon-cutting ceremony Thursday at a store located on 16th and Meridian in Indianapolis. On hand at the ceremony were Walgreens president and CEO Greg Wasson, former Indianpolis Colts coach Tony Dungy and Sen. Richard Lugar, R-Ind.

    The stores are part of Walgreens' pilot program that launched last year in Chicago.

  • Rite Aid presents $15,000 check to Tuesday's Children

    NEW YORK — A charity for 9/11 victims and their families and victims of terrorism worldwide got a big check from retail pharmacy chain Rite Aid at an event in New York's Grand Central Terminal Wednesday morning.

    Rite Aid presented a $15,000 check to Tuesday's Children at its store in the train station, with Rite Aid regional VP Paul Perinetti and Tuesday's Children executive director Terry Sears in attendance. The money came from a two-day event in October in which the retailer delivered flu shots to commuters at the station.

  • Analysts provide outlook for 2012

    NEW YORK — A wide range of factors and "moving parts" will likely make 2012 a challenging year for pharmacy retailers as the economy, generic drugs and the dispute between Walgreens and Express Scripts figure prominently, analysts say.

    Still, they say, various factors may serve to benefit drug stores and other retailers that operate pharmacies.

  • Target holds off sale of credit card business

    MINNEAPOLIS — Target announced that it has temporarily suspended its efforts to sell its credit card receivables portfolio. The company said it remains committed to selling the portfolio on appropriate terms, but based on discussions with potential partners the company has determined that it is not in its best interests to finalize a transaction at this time.

  • Walmart adds latest piece to e-commerce puzzle

    SAN BRUNO, Calif. — Walmart has named a replacement for Eduardo Castro-Wright, who announced his pending retirement in September. The company announced that Neil Ashe is the new president and CEO of the company's global e-commerce business, effective Jan. 16. Castro-Wright will assist in the transition.

    Ashe is replacing Eduardo Castro-Wright who announced his pending retirement in September and will assist in the transition.

  • Take Care Clinics now offering real-time appointment scheduling option

    DEERFIELD, Ill. — Walgreens’ Take Care Health Systems, which operates more than 350 clinics inside select Walgreens locations across the country, has announced that patients now can schedule appointments online or in the clinic.

  • PCMA launches advertising campaign

    WASHINGTON — The main lobby representing pharmacy benefit managers is launching an advertising campaign amid scrutiny the industry has received lately from the public and lawmakers.

    The Pharmaceutical Care Management Association announced Tuesday the launch of its new "That's What PBMs Do" ad campaign, which includes print and video ads that focus on what the PCMA called PBMs' role in reducing pharmacy costs, Medicare Part D and mail-order pharmacy.

  • Walgreens taps out a little bit of sunshine in last week's meetings

    WHAT IT MEANS AND WHY IT'S IMPORTANT — It couldn't have been choreographed better if Bob Fosse himself had orchestrated Walgreens' annual shareholders' meeting. It started on Monday, Jan. 9, when Walgreens' executive team entertained reporters to unveil the latest flagship location on State and Randolph. That evening, Illinois governor Pat Quinn and Chicago mayor Rahm Emanuel stood with flagship architect Joe Magnacca and officially christened the new store before Tuesday's grand opening.

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