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WALMART

  • Retailers stand to benefit from Made-in-America wave

    Walmart recently announced that it would source $50 billion of the products sold in its stores in the United States over the next 10 years, according to a report in USA Today.

  • Pharmacy retailers, one PBM dominated prescription drug revenues last year, study finds

    PHILADELPHIA — Five pharmacies dominated prescription drug dispensing revenues in the United States last year, according to a new study.

    The proprietary study, by the Drug Channels Institute, found that pharmacy retailers CVS Caremark, Walgreens, Rite Aid, Walmart and pharmacy benefit manager Express Scripts accounted for 63% of all prescription drug revenues in the $276.5 billion U.S. pharmacy industry in 2012.

  • Report: Shoppers want more buy-America options and Walmart aims to give it to them

    TYSONS CORNER, Va. — More than 80% of Americans are willing to pay more for Made in the USA products, according to a USA Today report published online late Monday night. 

    Out of those shoppers actively seeking to buy all things American, 93% reported that they wanted to keep jobs in the U.S. as their primary reason for doing so, the report noted, citing a survey released in November by Boston Consulting Group.

  • Costco launches PBM

    NEW YORK — Costco has entered the pharmacy benefit management business, according to published reports.

    In an article in the January 2013 issue of Costco Connection magazine, the club warehouse retailer is promoting the new PBM, Costco Health Solutions, to small business owners. Pharmaceutical industry consultant Adam Fein noted on his blog, Drug Channels, that Costco was seeking to emulate the tactics already used by CVS Caremark, Walgreens and Walmart to drive prescription growth.

  • Costco's new PBM: It's all about differentiation

    Costco announced in its January 2013 magazine that it would begin offering pharmacy benefit management services, targeting small businesses and highlighting a 200-employee company based in Washington state.

  • Walmart announces launch of Drew Barrymore's beauty collection

    NEW YORK — It’s official. Actress Drew Barrymore — through a collaboration with Maesa, a creator and manufacturer of beauty products — is launching her new Flower cosmetics line in Walmart.

  • Retailers take part in transition to quality-based healthcare model and get paid

    Walmart's Arkansas Payment Improvement Initiative aims to create a more patient-centered and cost-efficient payment system for the retailer's home state. 

    The latest move by Walmart is as sure an indication as any that health care is becoming less about fee-for-service and more about basing compensation on ratings derived from patient outcomes.

  • Walmart commits to health care efficiency program

    BENTONVILLE, Ark. — Walmart has committed $670,000 to help fund a first-of-its-kind program in its home state known as the Arkansas Payment Improvement Initiative (APII).

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