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Drug Fair Group files for bankruptcy
The retail pharmacy universe just got a little bit smaller.
Despite Drug Fair’s turnaround efforts in recent years, the regional player has fallen victim to the current economic crunch, filing for bankruptcy protection and agreeing to sell the majority of its assets to Walgreens.
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Take Care Health Systems to provide greater year-round services
In a week where too much was made of MinuteClinic’s seasonal closings, Take Care Health Systems’ announcement that it will focus on providing greater year-round services is not only a nod to the strong future of the clinic model and its further expansion, but also its expanded role in healthcare reform.
It also should be noted that Take Care Health continues to open up clinics at a very "Walgreens-like" clip; in fact, new clinic openings are announced nearly every day.