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WALGREENS

  • Proposed CMS cuts to 340B will have negligible impact, Walgreens says

    DEERFIELD, Ill. — Walgreens Boots Alliance met with various investors to clarify its participation in the U.S. Health Resources and Services Administration 340B drug pricing program.

    For the first nine months of fiscal 2017, prescriptions related to the 340B program represented less than 1% of the Retail Pharmacy USA division’s prescription volume, Walgreens noted. The division has around 1,200 340B contracts. During the first nine months of fiscal 2017, 340B prescriptions were filled at approximately 6,100 of the division’s pharmacies.

  • Walgreens adds Sleek MakeUP to exclusive beauty lineup

    DEERFIELD, Ill. — Walgreens on Monday announced the addition of Sleek MakeUP, one of the fastest growing mass market cosmetics brands in the U.K., to its beauty offering at more than 150 stores and on Walgreens.com.

  • VUMC to operate 14 Tennessee retail clinics within Walgreens

    NASHVILLE, Tenn. — Walgreens and Vanderbilt University Medical Center on Wednesday announced that a subsidiary of VUMC will operate and provide all clinical services at 14 retail health clinics within Walgreens stores across middle Tennessee.

  • Fresh-food/fast-food franchise Freshii catapults into New York through Walgreens

    TORONTO — Freshii on Monday announced the expansion of the brand into New York City under the Walgreens name.

  • Walgreens expands HIV PrEP medication protocol by 17 markets

    DEERFIELD, Ill. — Walgreens on Monday announced that beginning July 13, providers at Walgreens Healthcare Clinic locations in 17 new markets will be able to prescribe PrEP (Pre-Exposure Prophylaxis), a medication protocol for people who don’t have HIV to help proactively protect against HIV infection.  The new markets include Cincinnati, Cleveland, Columbus (Ohio), Dallas, Denver, Kansas City, Knoxville, Las Vegas, Louisville, Memphis, Nashville, Orlando, Philadelphia, Phoenix, Tucson, Washington D.C., and Wichita.
     

  • Former WBA finance executive named Morningstar CFO

    CHICAGO — Morningstar, a provider of independent investment research, on Thursday named Jason Dubinsky CFO, effective July 24. Dubinsky joins Morningstar from Walgreens Boots Alliance, where he was SVP and CFO of planning and central operations and responsible for accounting and shared service functions for Walgreens’ U.S. operations.

  • Therapeutic, purpose-driven products drive bath boom

    Adult bath products offering a Zen-like experience are bubbling to the surface in mass stores and helping to perk up sales, along with Epsom salt soaks. Consumers are favoring products with a purpose over simply fragrant bath additives. That explains the 26% climb in volume of Dr. Teal’s, which offers a Pure Epsom Salt Soak, along with body wash and foaming bath. It is the No.1 selling SKU in the bath category.

  • With a leaner, stronger store base, Rite Aid goes to work

    CAMP HILL, Pa. — Last week, Walgreens Boots Alliance and Rite Aid ended their merger dance with a new deal that will see 2,186 Rite Aid stores — primarily located in the Northeast, Mid-Atlantic and Southeastern regions of the United States, along with three distribution centers —  sold to WBA for a sum total of $5.5 billion, including the termination fee associated with the merger.
     
    So what's next for Rite Aid?
     
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