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  • Walmart, Kroger identified as leading retailers in providing opportunity to diversity business owners

    SOUTHPORT, Conn. — DiversityBusiness.com earlier this month named the “Top 50 Organizations for Multicultural Business Opportunities." More than 1.3 million diversity business owners participated in an online election to determine the “Top” 50 organizations. Wal-Mart Stores was named the leading retailer and No. 2 overall for providing business opportunities to diverse business owners throughout the United States. Food, drug and mass retailers Kroger (No. 11), Target (No. 18), Supervalu (No. 23), Walgreens (No. 26) and Ahold USA (No.

  • Safeway confirms grocer is exploring possible sale

    PLEASANTON, Calif. — Safeway on Wednesday afternoon confirmed it is in discussions concerning a possible transaction involving the sale of the company. However, the company declined to comment further at this time. "Although the discussions are ongoing, the company has not reached an agreement on a transaction, and there can be no assurance that these discussions will lead to an agreement or a completed transaction," Safeway stated as part of its earnings release. 

  • Collaborative sourcing: Leveraging massive generic discounts

    Recent strategic business initiatives are granting wholesalers more generic drug purchasing power than ever before.

    Over the last few years, some major deals in the world of drug wholesaling have taken shape. While the business arrangements among the three top wholesalers differ slightly in terms of ownership, benefits and risks, one thing is for certain: all of the agreements will translate into growth opportunities for the companies involved and will help them improve their generic drug sourcing practices.

  • McKesson, Rite Aid expand generic distribution deal in new five-year agreement

    SAN FRANCISCO — McKesson and Rite Aid on Tuesday announced the signing of an expanded distribution agreement to include both brand and generic pharmaceuticals. The new five-year agreement, which extends through March 2019, creates efficiencies for both companies by leveraging the strength of Rite Aid as one of the leading national drug store chains in the United States, and McKesson as a leader in pharmaceutical sourcing and supply chain management, the companies reported. 

  • Credit Suisse: Safeway may be exploring strategic alternatives

    NEW YORK — Credit Suisse on Tuesday speculated that Safeway may be considering either a sale or acquisition. 

  • Walgreens expands access to Walgreens Connected Care hepatitis C program

    DEERFIELD, Ill. — With new advances in treatment therapy now available for hepatitis C patients, Walgreens on Monday announced it is expanding access to Walgreens Connected Care hepatitis C program through its more than 100 hepatitis C-specialized pharmacies. Walgreens Connected Care is an education and support plan designed to help patients achieve a sustained virologic response and improved quality of life through medication adherence. 

  • Walgreens expands preventive health care services into California

    DEERFIELD, Ill. — Further expanding the scope of convenient, preventive health care services provided by its pharmacists, Walgreens on Thursday announced it is now offering daily testing for cholesterol, blood glucose and body composition at nearly 200 stores in California. Each test also includes a free blood pressure reading and personal consultation with a Walgreens pharmacist.

  • CVS Caremark research identifies optimal elements of effective VBID plans

    WOONSOCKET, R.I. — New research conducted by CVS Caremark and Brigham and Women's Hospital identifies five key features of Value-Based Insurance Design plans that are associated with the greatest impact on medication adherence.

    The study, which is published online Thursday in Health Affairs and also will appear in the journal's March issue, was funded by a grant from the Robert Wood Johnson Foundation's Changes in Health Care Financing and Organization Initiative.

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