Walgreens Boots Alliance and the giant grocer, Kroger said they are testing a new format that combines grocery expertise with Walgreens global expertise in pharmacy, health and beauty.
Rite Aid unveiled new governance, stripping CEO John Standley of the company’s chairmanship and adding new board members in the wake of a failed merger and mounting financial losses.
It’s unclear whether Amazon’s cashierless stores will offer healthcare services, threatening CVS, Walgreens and Walmart and their push into providing medical care.
Fred’s continues to “evaluate strategic opportunities” for its remaining pharmacy business after announcing the sale of prescription files from 185 pharmacies to Walgreens.
Drug makers, PBMs and drugstore chains involved in the sale and distribution of opioids may have reason to fear “a tobacco-style master settlement agreement,” Fitch Ratings says.