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Editorial Results (free)

1. Luttrell Says Administration Will Intervene in Commission's Opioid Litigation -

Shelby County Chancellor Jim Kyle left no doubt in his ruling Tuesday, Nov. 14, about who was correct between county mayor Mark Luttrell and the county commission over opioid abuse litigation in Circuit Court.

2. Opioid Lawsuit Filed as County Dispute on Legal Action Goes to Court -

UPDATE: Shelby County Chancellor Jim Kyle ruled Tuesday, Nov. 14, that the Shelby County Commission overstepped its role and powers within county government when the commission hired a law firm and had its own attorney file a lawsuit in Circuit Court against pharmaceutical companies over opioid abuse.

3. County Pay Raises Move Comes Up Short as Commission Makes New Legal Moves -

A move to raise the pay of the county’s top 19 elected positions effective with the winners of the 2018 county elections fell short Monday, Nov. 13, of the two-thirds majority needed to pass in a set of votes by the Shelby County Commission.

4. CVS Bulks Up Delivery Service; Tops 3Q Earnings Expectations -

CVS Health is cranking up prescription deliveries to customer homes or workplaces, as the drugstore chain tries to squeeze more of an edge from a massive store network that puts 70 percent of the U.S. population within three miles of one of its locations.

5. Express Scripts to Limit Opioids; Doctors Concerned -

ST. LOUIS (AP) – The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of Americans.

6. Grocery Delivery Service Instacart Rolling Into Memphis -

On-demand grocery delivery service Instacart is expanding into the Memphis area, offering same-day deliveries from retailers such as Whole Foods Market, Costco, CVS, Petco and Kroger in as little as an hour.

7. Leftover Opioids are a Common Dilemma for Surgery Patients -

CHICAGO (AP) – Surgery patients often end up with leftover opioid painkillers and store the remaining pills improperly at home, a study suggests.

The research raises concerns about overprescribing addictive medicine that could end in the wrong hands.

8. WMC to Air Tigers’ Sept. 23 Game vs. Southern Illinois -

The University of Memphis non-conference football game on September 23 against Southern Illinois has been picked up by Raycom and will air on WMC in Memphis at 7 p.m.

This is the eighth game of the 12-game regular season that has been picked up for television. The game will also stream on ESPN3 for fans outside of the Memphis viewing area and will be carried on KFVS-CVS in Cape Girardeau, Missouri.

9. WMC to Air Tigers’ Sept. 23 Game vs. Southern Illinois -

The University of Memphis non-conference football game on Sept. 23 against Southern Illinois has been picked up by Raycom and will air on WMC in Memphis at 7 p.m.

This is the eighth game of the 12-game regular season that has been picked up for television. The game will also stream on ESPN3 for fans outside of the Memphis viewing area and will be carried on KFVS-CVS in Cape Girardeau, Missouri.

10. Fred’s Brings on New Board Members -

Change continues to be the operative word at Memphis-based retailer Fred’s Inc., which has made some key additions to its board in recent days as the company continues pursuing a major turnaround that includes completing its acquisition of 865 Rite Aid stores.

11. Company Announces Pause for Drug After Price Criticism -

WASHINGTON (AP) – Marathon Pharmaceuticals announced Monday that it will temporarily halt the rollout of a drug to treat genetic muscle deterioration just hours after two members of Congress expressed outrage that the company planned to charge $89,000 a year for a drug that's widely available abroad for about $1,000 a year.

12. Walgreens Slashes Offer for Rite Aid, Pushes Back Deadline -

Walgreens substantially lowered its offering price for drugstore rival Rite Aid and, facing resistance from U.S. regulators, raised the number of stores it would be willing to unload to ease monopoly concerns.

13. St. Jude Expansion Looks East of Campus -

The city’s plan for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital isn’t the only reason the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district.

14. New Details of St. Jude Expansion Look to Medical Corridors To The East -

The city’s plans for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital are only half of the plan the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district for.

15. New Details of St. Jude Expansion Look to Medical Corridors To The East -

The city’s plans for the Pinch District between the Pyramid and St. Jude Children’s Research Hospital are only half of the plan the city will seek expanded uses of the Tourism Development Zone and an expansion of a Tax Increment Financing district for.

16. Analyst: Rite Aid Buy ‘Good Deal’ for Fred’s -

Memphis-based Fred’s Inc. got a “really good deal” on the 865 Rite Aid stores it’s agreed to buy for $950 million in a deal that takes the company beyond its core market and marks a significant new chapter in its story.

17. $950M Deal Would Make Fred's No. 3 Nationwide -

Memphis-based Fred’s Inc. has agreed to buy 865 Rite Aid stores from Walgreens Boots Alliance Inc. and Rite Aid Corp. for $950 million, which will make Fred's the third-largest drugstore chain nationwide.

18. Analyst: Fred’s May Be in Talks To Sell -

Memphis-based pharmacy operator and retailer fred’s Inc. was still keeping quiet at press time about the “pending transaction” that led the company to take the unusual step of declining to allow questions from analysts following its earnings presentation Dec. 8.

19. Growing Pains -

In many ways, Citizens to Preserve Overton Park v. Volpe in 1971 shaped the way Midtown Memphis looks today, so it’s only fitting that the park continues to inspire citizens to fight for what they feel is right.

20. CVS Health's 3Q Profit Jumps, But Revenue Disappoints -

CVS Health Corp. missed Wall Street's revenue expectations in the third quarter, despite sales jumping due to acquisitions. The company trimmed its profit forecast for this year, triggering a stock selloff.

21. CVS Health Corp. to Cut 600 Employees in Corporate Offices -

WOONSOCKET, R.I. (AP) – CVS Health has announced that it is letting go of about 600 employees as it streamlines operations.

The layoffs this month and next mostly affect corporate offices in three states. The Woonsocket, Rhode Island-based company employs more than 240,000 people nationwide.

22. Midtown Kroger Opens With Pedestrian Focus on Busy Union Avenue -

The carillon at Idlewild Presbyterian Church played the University of Memphis fight song Wednesday, Nov. 2, as the parking lot of the Midtown Kroger filled with cars. A block away a fire truck’s siren mixed with the church bells as the truck left the Union Avenue fire station to a call.

23. Unhappy Target Customers Send Strong Message on Pill Bottles -

Longtime customers of Target's pharmacies are finding a change in pill bottle design hard to swallow.

After CVS began operating Target's drugstores earlier this year, distraught customers have been asking – in some cases begging – the drugstore chain to bring back the retailer's red prescription bottles, which came with color-coded rings, labeling on the top and prescription information that was easier to read.

24. Fred’s Undergoing Changes After Disappointing Financial Results -

The second quarter has not been kind to retail stocks. Among almost 90 percent of retail companies that reported second-quarter earnings as of Aug. 24, just 3.9 percent surpassed estimates, according to Zacks Investment Research, and barely 4 percent posted higher year-over-year revenue.

25. As US Puts Breaks on Megadeals, Walgreens Prepares to Unload -

Walgreens believes that it will probably have to unload more stores than expected to ease antitrust concerns over its pending, $9.41 billion acquisition of Rite Aid, a deal that would make the nation's largest drugstore chain even larger.

26. Fred’s Names New CEO, Reports Q2 Net Loss -

Memphis-based discount retailer Fred’s Inc. has named Mike Bloom its new chief executive officer.

27. Fred's Names New CEO, Reports Disappointing Q2 Results -

Memphis-based discount retailer Fred’s Inc. has named Mike Bloom its new chief executive officer.

28. Target Cuts Outlook as It Sees Fewer Customers in Stores -

NEW YORK (AP) – Target Corp. cut its profit forecast and a key sales outlook Wednesday as it saw fewer customers in its stores and acknowledged it didn't push the second part of its "Expect More, Pay Less" slogan.

29. Snapshot: How Memphis-Based Public Companies are Faring -

Acquisitions have been a common theme among many Memphis-based public companies the past few quarters. Here is a roundup of those transactions and other business highlights from each of the companies.

30. Fred’s Set for Rebound in 2016 -

Twenty-four years ago this month, Memphis-based discount retailer Fred’s Inc. went public.Today, for a variety of reasons that include Fred’s ongoing shot at a turnaround, the company finds itself in a period of unprecedented change.

31. GOP Divided Over Cap on Liquor Store Ownership in Tennessee -

NASHVILLE, Tenn. (AP) – Efforts to restrict the number of liquor stores that can be owned in Tennessee drew vocal opposition from a Republican lawmaker Monday, who said it is contrary to GOP principles and suggested that supporters may have been "bought and paid for" by lobbying groups.

32. D1 Sports Training Facility Sells for $4.1 Million -

85 Market Center Drive
Collierville, TN 38107

Sale Amount: $4.1 million

Sale Date: Nov. 5, 2015

33. Balmoral CVS Sells To Out-of-Towner -

A Rhode Island group has purchased the CVS at the northwest corner of Quince and Ridgeway roads in the Balmoral Shopping Center.

Dulgarian TN LLC purchased the 13,800-square-foot drugstore for $2.9 million on Nov. 4 and immediately signed a new lease with CVS 6304 LLC. Balmoral Shopping Center LLC, which sold the outparcel, has owned the greater 96,139-square-foot shopping center since 2001.

34. Balmoral CVS Sells To Out-of-Towner -

A Rhode Island group has purchased the CVS at the northwest corner of Quince and Ridgeway roads in the Balmoral Shopping Center.

Dulgarian TN LLC purchased the 13,800-square-foot drugstore for $2.9 million on Nov. 4 and immediately signed a new lease with CVS 6304 LLC. Balmoral Shopping Center LLC, which sold the outparcel, has owned the greater 96,139-square-foot shopping center since 2001.

35. Collierville Pharmacy Boasts Long List of Accreditations -

Collierville-based Benevere Pharmacy is a privately owned specialty pharmacy that now boasts an uncommonly extensive set of independent accreditations most chain drug stores can’t match.

The pharmacy, which serves patients, prescribers, health care organizations, payers and pharmaceutical manufacturers, has recently been approved for specialty pharmacy accreditation by URAC. That’s a leading nonprofit that accredits health care organizations in addition to focusing on education and measurement programs.

36. Dog Daycare Bringing New Life to East Memphis Retail Center -

A new doggy daycare and camp is coming to East Memphis.

Becky and Tim Simcoe have leased 8,875 square feet at the Balmoral Shopping Center at Quince Road and Ridgeway Road in East Memphis to open a Camp Bow Wow franchise.

37. CVS Health Launches Health, Beauty Makeover for Drugstores -

CVS drugstores that quit tobacco sales last year are now getting health and beauty makeovers and a shot of ethnic diversity in some cases to attract customers who want more than a prescription refill.

38. Target Selling Pharmacy, Clinic Businesses to CVS Health -

Target will sell its pharmacy and clinic businesses to CVS Health in the latest twist behind a push from big retailers to become all things to all customers.

The nation's second-largest drugstore chain will pay about $1.9 billion to run Target's in-store health operations and expand what they offer for customers who have come to expect that they will be able to fill a prescription when they shop at Target.

39. Small-Town Shift -

Fred’s Inc. CEO Jerry A. Shore has been thinking bigger and smaller simultaneously.

“One of my key strategies after being named CEO was to upgrade talent,” said Shore, who had been the company’s CFO for more than 14 years before changing corporate hats a few months ago.

40. Flurry of Fred’s News Includes Fourth-Quarter Loss -

Fred’s Inc. reported a fourth-quarter loss Thursday, March 26, the day after announcing a major acquisition to its pharmacy network as well as the addition of several new executives.

Fred's Inc. booked an $8.2 million loss in the quarter ended Jan. 31 as a rise in expenses countered a small sales gain.

41. Rite Aid to Pay $2B for EnvisionRx -

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, or PBM, owned by the investment firm TPG.

42. Rite Aid to Pay $2 Billion for Pharmacy Benefit Manager -

Rite Aid is expanding from running drugstores into managing pharmacy benefits with a planned, $2 billion purchase of EnvisionRx.

The company said it will pay about $1.8 billion in cash and $200 million in stock for EnvisionRx, a pharmacy benefit manager, owned by the investment firm TPG.

43. Fred’s Names New Chief Operating Officer -

Discount merchandiser Fred’s Inc. has tapped a new president and chief operating officer, a key hire that adds to a fresh executive team for the retailer.

Effective Jan. 12, Michael Bloom has joined Fred’s as president and COO, bringing to the company more than 30 years of experience in small-box general merchandising, supply chain management and store operations. He’s seen the industry from vantage points that include stints at companies like Family Dollar Stores Inc., where he likewise was president and COO, and at CVS Caremark Corp, where he held a variety of positions.

44. Retail Skirmish Blocks Apple Pay at Checkout Line -

NEW YORK (AP) – Plan on paying in stores with your shiny new iPhone 6? Not so fast.

Retailer resistance to Apple Pay had been expected because Apple hasn't offered incentives to install pricey point-of-sale terminals and train staff on its new mobile payment system. But the decision to not accept Apple Pay by retailers that already have contactless terminals in the checkout line is a "skirmish" rooted in competition.

45. Wal-Mart Plans 1-Stop Health Coverage Shopping -

Wal-Mart is taking one-stop shopping to another area: health insurance.

The world's largest retailer plans to work with DirectHealth.com, an online health insurance comparison site and agency, to allow shoppers to compare coverage options and enroll in Medicare plans or the public exchange plans created under the Affordable Care Act.

46. More Stores, Walk-In Clinics Offering Vaccines and Shots -

Pull up to a local Walgreens and you may be immediately presented with a shot menu: flu, shingles, pneumonia and other options. Theoretically, in one trip to the drugstore you can knock out your flu shot, pick up some ice cream, bread or beer, maybe grab a birthday card for your mother-in-law, and be on your way.

47. Prices at the Pump Head Below $3 in Much of US -

NEW YORK (AP) – The price of a gallon of gasoline may soon start with a "2'' across much the country.

Gasoline prices typically decline in autumn, and this year they are being pulled even lower by falling global oil prices. By the end of the year, up to 30 states could have an average gasoline price of less than $3 a gallon.

48. Drugstores, Retailers Dive Deeper Into Vaccines -

Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

CVS doled out more than 5 million, or double its total from a few years ago. And Wal-Mart, the world's largest retailer, offers flu shots at more than 4,200 of its U.S. stores that have pharmacies.

49. CVS Changes Name, Stops Tobacco Sales Early -

As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned.

CVS Caremark said it will now be known as CVS Health, effective immediately. The signs on its roughly 7,700 drugstores won't change, so the change may not register with shoppers.

50. Pharmacy Sales Boost Major Drugstores in June -

A jump in pharmacy revenue fueled June sales growth for two of the nation's largest drugstore chains, and they may start adding gains from the health care overhaul later this year.

Walgreen Co. and Rite Aid Corp. said Thursday that pharmacy revenue from their established stores climbed more than 11 percent at Walgreen and 5 percent at Rite Aid last month. Walgreen runs the nation's largest drugstore chain with 8,215 stores, while Rite Aid ranks third with 4,754. The company in the middle, CVS Caremark Corp., doesn't report monthly results.

51. Major Retailers Agree to List Unit Prices Online -

NEW YORK (AP) – Shoppers can skip the math. It's about to get easier to compare prices on products from breakfast cereals to toothpaste at some of the nation's major online retailers.

New York's attorney general said Tuesday that Costco, CVS, FreshDirect, Wal-Mart and Walgreen have agreed to list unit prices on their websites and mobile apps for shoppers nationwide in the coming months. Amazon.com Inc., the world's largest online retailer, did not agree to participate, according to Attorney General Eric T. Schneiderman.

52. Real Estate ‘Titans’ Share Industry Advice -

In the 1980s Dan Wilkinson and Robert Snowden were deeply involved in developing Memphis International Airport Center.

53. Wellness Programs Grow More Popular With Employers -

That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul.

54. St. Jude Campaign Raises $97 Million -

The 10th annual St. Jude Thanks and Giving Campaign raised more than $97 million to support St. Jude Children’s Research Hospital, representing a projected 31 percent increase over the previous year.

55. CVS Caremark Plans to Stop Tobacco Products Sales -

CVS, the nation's second-largest drugstore chain, is kicking the habit of selling tobacco products as it continues to shift its focus toward being more of a health care provider.

The company said Wednesday that it will phase out cigarettes, cigars and chewing tobacco by Oct. 1 in its 7,600 stores nationwide, in a move that will help grow its business that works with doctors, hospitals and others to improve customers' health.

56. Leggett Joins Electronic Security Specialists -

Electronic Security Specialists, the largest electronic security provider in the Mid-South, is growing its operations with the addition of Wayne Leggett as new vice president and security sales specialist.

57. CVS Caremark to Buy Coram for $2.1 Billion -

NEW YORK (AP) – Drugstore chain operator CVS Caremark Corp. said Wednesday that it has agreed to buy the drug infusion business Coram LLC, a unit of Apria Healthcare Group Inc., for $2.1 billion.

58. CVS Raising Money for St. Jude -

CVS Caremark has launched its 10th annual holiday season in-store fundraiser to support St. Jude Children’s Research Hospital.

Through Dec. 7, customers can add $1 to $3 to their purchases at the register to help St. Jude. Customers shopping online at www.cvs.com/stjude also have the opportunity to donate $1 at checkout.

59. CVS Raising Money for St. Jude -

CVS Caremark has launched its 10th annual holiday season in-store fundraiser to support St. Jude Children's Research Hospital.

Through Dec. 7, customers can add $1 to $3 to their purchases at the register to help St. Jude. Customers shopping online at www.cvs.com/stjude also have the opportunity to donate $1 at checkout.

60. Overton Square Momentum Connects With History -

If you think Midtown’s recent momentum, particularly in and around Overton Square, is real growth, you are right.

But it is growth in development that Overton Square developer Bob Loeb believes will bring along a denser population in the area.

61. Fresh Market Eyes Union Avenue Ike's -

By this time next year, Midtown residents could be shopping at a new Fresh Market grocery store.

The upscale grocery chain is eyeing the Union Avenue Ike's, which a Walgreen Co. representative confirmed will be shuttered.

62. Health Coverage -

The Little Clinic is opening its sixth and seventh limited-care clinics in the Memphis area this month as part of a growth plan that includes 30 new Little Clinics opening in Kroger stores in 2013.

63. Winchester Court Sells for $6 Million After Foreclosure -

6740 Winchester Road
Memphis, TN 38115
Sale Amount: $6 million

Sale Date: July 31, 2013
Buyer: WBCMT 2007-C31 Winchester Court LLC
Seller: Harris P. Quinn, substitute trustee
Details: The Winchester Court retail center at Kirby Parkway and Winchester Road in Hickory Hill has sold for $6 million following a foreclosure.

64. Winchester Court Sells for $6 Million After Foreclosure -

The Winchester Court retail center at Kirby Parkway and Winchester Road in Hickory Hill has sold for $6 million following a foreclosure.

An affiliate of Miami Beach, Fla.-based loan servicer LNR Partners LLC bought the property – composed of four parcels – in a July 31 substitute trustee’s deed from Harris P. Quinn of the law firm Prochaska Thompson Quinn & Ferraro PC.

65. Drugstore Chain CVS to Pay $20 Million to Settle SEC Case -

WOONSOCKET, R.I. (AP) – CVS Caremark Corp. plans to pay $20 million to resolve a Securities and Exchange Commission investigation into some public disclosures and securities deals involving emloyees, among other items.

66. Walgreen Co. Closes Ike’s Gas Station -

Walgreen Co. has closed the gas station at its Ike’s store on Union Avenue, but the company isn’t saying anything else about the property’s future.

67. Raleigh Sam’s Club Sells for $11.4 Million -

2150 Covington Pike
Memphis, TN 38128
Sale Amount: $11.4 million

Sale Date: June 25, 2013
Buyer: Realty Income Properties 25 LLC
Seller: Dune SC Sub II LLC
Details: The Sam’s Club at 2150 Covington Pike in Raleigh has sold for $11.4 million to a California investor.

68. Flagler Development Files Loans on Three CVS Stores -

Affiliates of Coral Gables, Fla.-based commercial real estate firm Flagler have filed loans on three Memphis CVS properties – 2115 Union Ave. in Midtown, 3516 Highland St. in East Memphis and 786 N. Germantown Parkway in Cordova.

69. Construction Lending Still Facing Tepid Improvement -

As the economy starts to rebound, local lenders like Magna Bank, First Tennessee Bank and Renasant Bank are seeing moderate improvement in activity for new commercial and residential construction projects, and competition is intensifying to land deals.

70. Walgreen Clinics Expand Care Into Chronic Illness -

Walgreen Co. has stretched the reach of its drugstore clinics beyond treating ankle sprains and sinus infections to handling chronic diseases such as diabetes, asthma and high blood pressure.

71. Events -

Catholic Charities of West Tennessee will collect donations for its Gifts for God’s Children program as part of the #GivingTuesday campaign Tuesday, Nov. 27, from 6 a.m. to 6 p.m. at Homewood Suites at 5811 Poplar Ave., 3583 Hacks Cross Road and 7855 Wolf River Blvd. Visit ccwtn.org or call 722-4797.

72. Refunds on Way to Cover CVS Business' Price Error -

NEW YORK (AP) – The Federal Trade Commission said that it is mailing refund checks to 13,000 Medicare Part D beneficiaries who were overcharged for drugs because a CVS Caremark Corp. business understated the price of the medications.

73. Major Retailers to Launch Mobile App for Payments -

NEW YORK (AP) – A bevy of big-name retailers including Wal-Mart Stores Inc., Best-Buy Co. and Target Corp., are teaming up to create a company that will give customers another way to make purchases: with their cellphones.

74. Walgreen, Express Scripts Sign New Agreement -

The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.

75. Walgreen, Other Pharmacies Form Nationwide Network -

Walgreen Co. and some independent drugstores are investing in a nationwide push to give pharmacists a chance to work more with patients to improve care and cut costs.

76. CVS Caremark Q4 Profit Rises, 2012 Outlook Climbs -

Drugstore chain Walgreen's loss of a big client is turning into rival CVS Caremark's gain so far this year.

A contract squabble between Walgreen Co. and pharmacy benefits manager Express Scripts Inc. has driven more customers to CVS pharmacies, prompting that company to raise its 2012 earnings forecast by 3 cents per share.

77. CVS Caremark Buys Medicare Part D Biz -

Health Net Inc. said Monday it will sell its Medicare Part D stand-alone prescription drug business to CVS Caremark for $160 million.

78. White House Announces Summer Jobs Initiative -

WASHINGTON (AP) – President Barack Obama is looking to boost summer job prospects for kids.

The White House says that with help from the private sector it's gotten commitments for nearly 180,000 youth employment opportunities for next summer and is aiming for tens of thousands more.

79. CVS Caremark Rises on 2012 Profit Forecast -

WOONSOCKET, R.I. (AP) – Shares of CVS Caremark Corp. rose Tuesday after the company said it expects that profit at its Caremark pharmacy benefits management business will grow in 2012, reversing two years of declines.

80. CVS Caremark to Support St. Jude With Fundraiser -

CVS Caremark Corp. has announced its annual fundraiser within its pharmacies will support the St. Jude Children’s Research Hospital Thanks and Giving campaign.

81. Express Scripts, Medco Pare Lobbying in Q3 -

NEW YORK (AP) – Pharmacy benefits managers Medco Health Solutions Inc. and Express Scripts Inc. lobbied the government to approve their proposed $29.1 billion merger, but cut back on their total lobbying expenses in the third quarter.

82. Rite Aid Lobbying Costs Rise to $60,000 in Q3 -

NEW YORK (AP) – Rite Aid Corp. spent $60,000 as it lobbied the federal in the third quarter, up 20 percent from a year ago.

83. CVS Caremark Pares Q3 Lobbying Costs to $2.2M -

NEW YORK (AP) – CVS Caremark Corp. cut back on its lobbying expenditures in the third quarter, but still spent $2.2 million as it discussed issues including prescription drug costs and pharmacy benefits management laws with the federal government.

84. CVS Caremark Q3 Profit Rises 7 Percent -

WOONSOCKET, R.I. (AP) – CVS Caremark Corp.'s third-quarter earnings climbed 7 percent, as a long-term contract and acquisition boosted the pharmacy network claims it processed.

85. Somerset Park Apartments Sell for $1.1 Million -

3425 Winchester Park Drive
Memphis, TN 38118
Sale Amount: $1.1 Million

86. CVS Buys Bartlett Locale for Pharmacy -

A local affiliate of Woonsocket, R.I.-based CVS Caremark Corp., has bought the former Blue Plate Cafe at 6676 Stage Road in Bartlett from Stage Centre GP and Gill Enterprises GP in two transactions for a combined $2.2 million.

87. Germantown Station Closer to Construction -

750 N. Germantown Parkway
Cordova, TN 38018
Loan Amount: $2.6 million

88. Former CVS CEO Will Work With Private Equity Firm -

NEW YORK (AP) – Private equity firm Advent International said Thursday that former CVS Caremark Corp. Chairman and CEO Thomas Ryan will advise it on retail and health care investment opportunities.

89. Permit, Construction Loan Filed for Germantown Station -

Germantown Station retail center, slated to be built at 750 N. Germantown Parkway in Cordova, is a couple of steps closer to reality.

90. Medco, Express Scripts Pare Combined Q2 Lobbying -

NEW YORK (AP) – Pharmacy benefits managers Medco Health Solutions Inc. and Express Scripts Inc., which have agreed to combine, trimmed their lobbying costs to $940,000 in the second quarter.

91. Walgreen Fiscal 4th-Qtr Profit Jumps 69 Percent -

INDIANAPOLIS (AP) – Drugstore operator Walgreen Co. said Tuesday its fiscal fourth-quarter earnings jumped 69 percent, boosted in part by a gain from the $525-million sale of its pharmacy benefits management business.

92. CVS Will Give $6M in Flu Shots to the Uninsured -

WOONSOCKET, R.I. (AP) – CVS Caremark Corp. said Monday, Sept. 12, it will give away up to $6 million in seasonal flu shots to people who don't have health insurance.

93. Walgreen Says Express Scripts Talks are Stalled -

NEW YORK (AP) – Drugstore chain Walgreen Co. reiterated Tuesday that it plans to stop filling prescriptions managed by Express Scripts Inc. on Jan. 1, saying contract renewal negotiations between the companies are stalled.

94. Analysts Raise Estimates on CVS After New Buyback -

NEW YORK (AP) – Analysts raised their profit estimates for CVS Caremark Corp. Thursday, a day after the drugstore chain and pharmacy benefits manager said it will buy back another $4 billion in stock.

95. CVS Caremark Authorizes $4 Billion Buyback -

WOONSOCKET, R.I. (AP) – U.S. drugstore operator and pharmacy benefits manager CVS Caremark Corp. on Wednesday said its board has approved a share repurchase program for up to $4 billion of its stock.

96. Health Plan Rules: What Counts as an Emergency? -

When is an emergency not an emergency? In health care, that can be a costly distinction.

Emergency rooms are designed to live up to their names by treating life-threatening or serious medical problems. But they often handle much more than that, sometimes at great cost to patients.

97. CVS Caremark Q2 Profit Slips 1 Percent -

NEW YORK (AP) – CVS Caremark said Thursday its profit slipped 1 percent in the second quarter as its pharmacy benefits management business weathered lower prices on contract renewals.

The Woonsocket, R.I., company said Caremark faced lower prices related to contract renewals. The most significant of those was its retail pharmacy contract with the Federal Employee Health Benefit Program, which the company renewed in the third quarter of 2010. While those renewals cut into its profit, total revenue for CVS Caremark rose 10.9 percent to $14.57 billion as the company began a new 12-year contract with Aetna Inc. and acquired Universal American Corp.'s Medicare Part D business.

98. Tiger Gift Shop Moves To Larger Space -

Tiger Gift Shop is relocating a few doors down from its current location on the Highland Strip near the University of Memphis.

The university retailer, now at 549 S. Highland St., has signed a new 5,000-square-foot lease at 531 S. Highland, in the space formerly occupied by From One Greek to Another.

99. Villas at Cordova Complex Sells for $14.2M in Foreclosure -

8546 Prestine Loop
Cordova, TN 38018
Sale Amount: $14.2 million

Sale Date: May 11, 2011

100. CVS Affiliate Buys Properties at Park and South Highland -

CVS 4990 TN LLC has bought four parcels in the Park Avenue and South Highland Street area in two transactions totaling $1.7 million. In the first transaction, Terrie Lynn Johnson Bonds and Larry Gene Johnson, heirs at law of Lou Alice Brattan Johnson, deceased, sold 3500 Park Ave., 3516 Park Ave. and 850 S. Highland St. for $1.1 million. In the second transaction, Marilyn L. Benfield sold 840 S. Highland St. for $635,000.