PHARMACY

H-E-B acquires five Albertsons locations in Austin area

BY Antoinette Alexander

AUSTIN H-E-B has announced that it reached a definitive agreement with Albertsons to acquire five Albertsons locations in the Austin-Round Rock area. Financial terms of the deal were not disclosed.

The move bolsters H-E-B’s presence in the Austin-Round Rock area to more than 45 stores. Until early November, Albertsons will continue to operate its area stores as the company winds down its local presence.

By early November, H-E-B will take possession of the stores and will begin remodeling three of them in preparation for the reopening as H-E-B stores beginning in early December. The store in the West Lake Hills area will reopen as an H-E-B in February.

As the Albertsons pharmacies close down their service, the company will transfer customer prescriptions to nearby H-E-B Pharmacies. Until that time, customers can continue to use their current Albertsons pharmacy.

Since the nearest H-E-B to West Lake Hills is more than five miles away, customers of this store will be able to get their prescriptions filled, along with OTC products, at a temporary pharmacy trailer that will be set up in the parking lot. The H-E-B Pharmacy trailer will be operational in mid-October. Until that time, customers can still use the Albertsons pharmacy in West Lake Hills.

“We want to make sure that pharmacy service will remain convenient for customers during the transition,” said Jeff Thomas, H-E-B senior vice president and general manager of the Central Texas region. “We take very seriously the need to get access both to medication and a knowledgeable pharmacist. We will do everything we need to in order to make pharmacy services available with minimal interruptions.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

GSK will supply over 30 million doses of flu vaccines to U.S. this season

BY Drew Buono

PHILADELPHIA The influenza virus vaccines Fluarix and FluLaval from GlaxoSmithKline will have a combined total of 30 million to 35 million doses supplied to the U.S. markets for the 2007-08 influenza season.

The vaccines will be delivered in phased approach for the rest of September and all of October with completion occurring at the end of October. “Providing an ample and steadily growing supply of flu vaccine has been a priority for GlaxoSmithKline since entering the U.S. market in 2004,” said David Pernock, senior vice president of GSK. “Over the years, GSK has significantly increased its influenza vaccine manufacturing capacity, and we have taken steps to improve the way this product is distributed to those who need it.”

Last year, the company sent about 25 million doses of the drugs for flu season.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

NACDS pledges to award at least $100,000 in scholarships

BY Drew Buono

ALEXANDRIA, Va. The National Association of Chain Drug Stores Foundation is pledging to award at least $100,000 this year in scholarships, and has begun accepting applications.

Last year, 40 students were awarded a scholarship, an increase of three from 2005, and this year it looks like the foundation wants to add award the scholarship of $2,000 to at least 50 students. Also, some select recipients will receive named scholarships in the amount of $2,500, in addition to the $2,000 scholarship.

Applicants must be at least in their second year of pharmacy school, as well as have experience and the desire to work in a chain community pharmacy.

“The NACDS Foundation is continuously committed to advancing the pharmacy industry for the good of the public. An important part of our industry is its future, and that is what these students represent,” said Phil Schneider, NACDS Foundation president. The deadline for all applications is Oct. 19.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?