Kinney Drug changes name
Gouverneur, N.Y. — Kinney Drug Inc. has decided to change its name to KPH Healthcare Services. The new name is designed to more accurately reflect the makeup of Kinney’s diverse range of pharmacy-related healthcare services, the company said.
“We believe that the name change will afford each of our divisions the best opportunity to grow business within existing markets, as well as position them for expansion into new markets,” the company said in a statement sent to Drug Store News.
The company stressed that there has been no change in the ownership structure of the company, and this name change will not affect the identity of its divisions. Each division will continue to use their current logos and will maintain their brand distinction, including the well-known Kinney Drugs name and logo long associated with its drug stores.
The KPH Healthcare Services business model includes four divisions:
• Kinney Drugs, a chain of 100 drug stores located throughout New York and Vermont;
• Health Direct Institutional Pharmacy Services, which services long-term care and alternative care needs;
• ProAct Inc., a PBM company and mail-order pharmacy; and
• Noble Health Services, a specialty pharmacy that dispenses medications used to treat complex and chronic diseases.
GE Capitol Retail Bank extends agreement with American Eagle Outfitters
Stamford, Conn. — GE Capital Retail Bank announced a long-term extension of its agreement with American Eagle Outfitters to continue providing private-label credit card programs for online, mobile app, and store purchases made at any of the 856 American Eagle Outfitter and 115 Aerie locations across the U.S.
As part of the seven-year agreement, GE Capital’s Retail Finance business will continue to manage the American Eagle Outfitters credit card program, which began in 1996.
“For nearly two decades, we’ve had the opportunity to work with American Eagle and Aerie to create customer-focused financing solutions that align with their brand and provide value to millions of their customers,” said Curtis Howse, general manager, GE Capital’s Retail Finance business. “We share American Eagle Outfitters’ commitment to integrate new technologies and services that enable their customers to maximize their budget and enjoy a frictionless shopping experience when and where they want.”
Meijer selects U.S. Vision as exclusive vision center
Grand Rapids, Mich. — Meijer announced that it has selected U.S. Vision as its exclusive vision center in its stores moving forward in an effort to enhance its retail healthcare services across the Midwest.
U.S. Vision, a separately owned and operated company based in Glendora, N.J., is currently a tenant in 50 Meijer stores in Michigan, Indiana, Illinois, and Ohio, and has plans to open 19 more vision centers in Meijer stores this year. All of its vision centers will be renamed "Meijer Optical" by the end of the month.
"As a family-focused company, Meijer believes in providing our customers with opportunities to address their healthcare needs in one stop," Meijer drug store VP Nat Love. "The Meijer Optical shops will round out the robust services our stores already offer, including full-service pharmacies, health clinics and our free medication program, that meet our customers’ needs."
U.S. Vision is a leading provider of vision care products and services in the United States and Canada, and represents the sixth largest retail optical chain in the nation. Meijer began working with U.S. Vision in December 2011.