Latest Pharmacy operators News

Medical staff prepare to take a COVID-19 tests at a drive through community based assessment centre in Christchurch, New Zealand, Thursday, Aug. 13, 2020. Health authorities in New Zealand are scrambling to trace the source of a new outbreak of the coronavirus as the nation's largest city, Auckland, goes back into lockdown. (AP Photo/Mark Baker)

The Latest: First case-free day for New Zealand in 5 weeks

Sep. 17, 2020 11:15 PM EDT

WELLINGTON, New Zealand — New Zealand has reported no new confirmed cases of the coronavirus for the first time in more than five weeks as hopes rise that an outbreak discovered in Auckland last month has been stamped out. Friday’s report also marked the fourth consecutive day without any cases of...

Economic Freedom Fighters (EFF) supporters protest outside a Clicks store in Soweto, Johannesburg, Monday, Sept. 7 2020 calling for the closure of the stores around the country. The chain store posted an advertisement on their website that negatively described natural Black hair labelled as being

South African protesters close stores over offensive ad

Sep. 7, 2020 2:05 PM EDT

JOHANNESBURG (AP) — Protests over an advertisement viewed as racially offensive forced the closure Monday of at least 60 outlets of a chain of drugstores. Leaders of the leftist opposition party Economic Freedom Fighters led the protests against the nationwide retailer Clicks, in which some of its...

FILE - This March 16, 2020 file photo shows vials used by pharmacists to prepare syringes used on the first day of a first-stage safety study clinical trial of the potential vaccine for COVID-19, the disease caused by the new coronavirus, in Seattle. As the nation awaits a vaccine to end the pandemic, local health departments say they lack the staff, money and tools to distribute, administer and track millions of vaccines, most of which will require two doses. (AP Photo/Ted S. Warren, File)

Health officials worry nation not ready for COVID-19 vaccine

Sep. 2, 2020 6:03 PM EDT

Public health departments, which have struggled for months to test and trace everyone exposed to the novel coronavirus, are now being told to prepare to distribute COVID-19 vaccines as early as Nov. 1. In a four-page memo this summer, the federal Centers for Disease Control and Prevention told health departments...

FILE - In this June 25, 2019, file photo a man walks outside a Walgreens pharmacy in downtown Cincinnati. Walgreens is adding the former leader of rival drugstore chain Rite Aid to its executive team. The company said Monday, Aug. 31, 2020, that John Standley will join Walgreens Boots Alliance as president, effective immediately.(AP Photo/John Minchillo, File)

Walgreens taps former Rite Aid CEO as president of US unit

Aug. 31, 2020 12:17 PM EDT

Walgreens has added the former leader of a rival it once tried to buy, as the drugstore chain works through a COVID sales slump, a major push into primary care and a looming CEO departure. The company said Monday that former Rite Aid CEO John Standley will join Walgreens Boots Alliance Inc. as president of its...

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Lawsuits filed by two Ohio counties against retail pharmacy chains  CVS, Walgreens, Rite Aid, Walmart and Giant Eagle claiming their opioid dispensing practices flooded communities with pain pills and were a a public nuisance can continue after U.S. District Judge Dan Polster, a federal judge in Cleveland, denied the chains' motion to dismiss the complaints in a ruling Thursday, Aug. 6, 2020. (AP Photo/Marcio Jose Sanchez, File)

Judge rejects pharmacy chains' bid to toss opioid suits

Aug. 7, 2020 3:25 PM EDT

CLEVELAND (AP) — Lawsuits filed by two Ohio counties against retail pharmacy chains claiming their opioid dispensing practices flooded communities with pain pills and were a a public nuisance can continue, a federal judge in Cleveland has determined. U.S. District Judge Dan Polster rejected the pharmacy...

FILE - In this April 18, 2020, file photo, partitions are installed between beds as work is performed to turn Sleep Train Arena in Sacramento, Calif., into a 400-bed emergency field hospital to help deal with the coronavirus outbreak. When California was anticipating a spring surge in coronavirus cases it turned an old NBA arena and practice facility into a field hospital prepared to take hundreds of patients. They were told to expect 30 to 60 patients within the first few days, but only nine arrived over the next 10 weeks. (AP Photo/Rich Pedroncelli, File)

State spent millions on arena hospital that saw 9 patients

Aug. 6, 2020 1:20 AM EDT

SACRAMENTO, Calif. (AP) — Doctors arrived at an arena-turned-medical center in Sacramento in mid-April and were told to prepare for 30 to 60 coronavirus patients to arrive within days. They spent the weekend working feverishly to get ready. State officials envisioned the cavernous Sleep Train Arena and an...

FILE- In this Dec. 4, 2017, file photo, the CVS Health logo appears above a trading post on the floor of the New York Stock Exchange.  CVS Health’s second-quarter performance beat Wall Street’s expectations as the drugstore chain and pharmacy benefits manager experienced reduced benefit costs. It raised its full-year earnings forecast. (AP Photo/Richard Drew, File)

CVS posts strong 2Q, with virus delaying elective procedures

Aug. 5, 2020 1:55 PM EDT

CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the COVID-19 pandemic, and it raised its profit expectations for the year. The postponed procedures led to lower benefit costs for the company's Aetna insurance arm, a main reason net income...

This Week: Walt Disney, CVS, Uber results

Aug. 3, 2020 1:10 AM EDT

A look at some of the key business events and economic indicators upcoming this week: Losing its magic? Disney is expected to have slumped to a loss in its fiscal third quarter. Analysts forecast the Magic Kingdom operator and owner of the ABC and ESPN networks lost 61 cents a share in the April to June period,...

This undated photo provided by Walgreens Boots Alliance shows CEO of Walgreens Boots Alliance Stefano Pessina. Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader, the company also said Monday, July 27, 2020. (Walgreens Boots Alliance via AP)

Walgreens lost $1.7B in 3Q as global pandemic tightened grip

Jul. 27, 2020 2:04 PM EDT

The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores. The drugstore chain said Thursday that the rapidly spreading virus took a bite of between $700 million and $750 million from...

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Walgreens leader Stefano Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader. The company also said Monday, July 27, 2020, that its current executive chairman, former McDonald’s CEO Jim Skinner, will leave that role but remain on the board.   (AP Photo/Marcio Jose Sanchez, File)

Walgreens CEO Pessina to step down, become executive chair

Jul. 27, 2020 1:09 PM EDT

Walgreens' Stefano Pessina will step down as CEO and become executive chairman once the drugstore chain finds a replacement for him. The current executive chairman, former McDonald’s CEO Jim Skinner, will remain on the board after Pessina takes over. The company announced no time frame Monday in finding...