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Executive Viewpoint Series: Greg Wasson on the evolution of Walgreens’ strategy

BY DSN STAFF

As part of its exclusive Executive Viewpoint video series, DSN editor Rob Eder interviewed Walgreens president and CEO Greg Wasson and president of health and daily living solutions Joe Magnacca for DSN.TV. In this special three-part installment, sponsored by Jubilant Cadista Pharmaceuticals, Wasson and Magnacca discuss the vision that is guiding the transformation of Walgreens' business and its stores, and what it all means for patients, payers and suppliers. In Part 1, Wasson talks about how the company’s strategy has evolved in recent years.

For part 2, click here.
For part 3 with Joe Magnacca, click here.

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Dollar General plays up toy deals

BY Gail Hoffer

GOODLETTSVILLE, Tenn. — Dollar General is promising big savings on toys — right up until Christmas Eve. From Sept. 29 through Dec. 24, the retailer is offering a 10% discount on toy purchases of $75 or more.

“Dollar General is committed to helping customers stretch their holiday budgets, and one way we are doing this is with the holiday toy discount,” said Todd Vasos, Dollar General’s EVP, division president and chief merchandising officer. “Toys are at the top of many shopping lists, so we’re happy to help shoppers save more on these purchases and delight children with our great products.”

According to Dollar General, its stores will be stocked with hot toys from Mattel, Disney and Hasbro along with a wide selection of $5 and $10 toys.

 

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Bi-Lo adds generic Plavix to discount program

BY Alaric DeArment

JACKSONVILLE, Fla. — Supermarket chain Bi-Lo is adding the generic form of a blood-thinning drug to its generic-discount program.

The company announced Friday that patients could buy generic clopidogrel for $4 for a 30-day supply and $10 for a 90-day supply with the chain’s Pharmacy Discount Card. The branded version of the drug, which recently became available as a generic, is marketed by Sanofi and Bristol-Myers Squibb.

"The generic form of Plavix was just recently released in the market, and it provides customers with initial savings over the brand equivalent," Bi-Lo Holding VP pharmacy John Fegan said. "This prescription is a highly requested medication from Bi-Lo customers, so we are especially pleased to offer an even deeper discount that allows them to focus on what is important — their health."

Earlier this month, Midwestern mass-merchandise chain Meijer announced it would give away generic versions of Pfizer’s cholesterol-lowering drug Lipitor (atorvastatin) for free. Prior to the November 2011 expiration of its patent, Lipitor was the top-selling drug in the world, with U.S. sales of $7.7 billion, according to IMS Health. Plavix was the second highest-selling drug, with U.S. sales of $6.8 billion.


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