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December 21, 2014

TOP STORY

Rite Aid 3Q earnings top Wall Street's forecast

Rite Aid Corp. posted fiscal 2015 third-quarter earnings per share well above Wall Street's projections.

The company attributed the increase mainly to an increase in adjusted EBITDA, which was driven by gains in front-end and pharmacy gross profit resulting from higher prescription sales and lower generic drug costs arising from the transition to a new distribution pact with McKesson Corp.

 

RETAIL NEWS BREAKS

Survey: Pharmacists well-regarded by public

Pharmacists ranked second behind nurses in an annual Gallup poll measuring the public's trust of a range of professions.

Walgreens seeks to list shares on Nasdaq

Walgreen Co. plans to apply to list the shares of Walgreens Boots Alliance Inc., the holding company being formed by its partnership with Alliance Boots, on the Nasdaq stock exchange.

RediClinics make debut in Rite Aid stores

Rite Aid Corp. has opened the first RediClinic health clinics in its drug stores.

CVS research analyzes use, cost of hepatitis C drugs

An analysis by the CVS Health Research Institute shows a rapid uptake of two new hepatitis C medications and illustrates the cost implications of effective treatment with specialty drugs.

Target announces leadership changes

Target Corp. has expanded the roles of some of its top executives, a move that chairman and chief executive officer Brian Cornell said will help the retailer spur its business, fuel its digital transformation and enhance the customer experience.

Pharmacies recognized in UnitedHealth adherence challenge

Giant Eagle, Publix Super Markets, Fred's and Wegmans Food Markets pharmacies were among the winners of this year's UnitedHealthcare Medication Adherence Targeted Intervention Program Challenge, benefiting the National Association of Chain Drug Stores Foundation.

3D holographic rewards kiosks rolling out to Rite Aids

Customer rewards kiosks featuring 3D holographic videos are slated to be deployed at 200 Rite Aid stores starting early next year.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

PharmaSmart BP kiosks meet clinical 'gold standard'

A peer-reviewed clinical study recently published in the Journal of the American Society of Hypertension found that routine blood pressure testing on PharmaSmart kiosks "closely approximates" daytime ambulatory blood pressure measurement.

Lannett cleared to market Cosopt generic

Lannett Co. has received approval from the Food and Drug Administration for dorzolamide hydrochloride and timolol maleate ophthalmic solution (2%/0.5%).

Kraft Foods chairman to become CEO

John Cahill, chairman of Kraft Foods Group Inc., is slated to add the title of chief executive officer, succeeding Tony Vernon, who is retiring.

Aquaphor partners with TV celebrity Brooke Burke

Beiersdorf Inc. brand Aquaphor has teamed up with actress and television celebrity Brooke Burke.

Pharmavite acquires whole food supplement maker FoodState

Pharmavite LLC has acquired FoodState Inc., a manufacturer of whole food supplements sold under the MegaFood and Innate Response brands.

Coca-Cola appoints chief customer officer

Julie Hamilton has been named chief customer and commercial leadership officer at The Coca-Cola Co.

CeraVe to expand skin care lineup

Early next year, Valeant Pharmaceuticals North America plans to add four new products to its CeraVe skin care line.

More Supplier News Breaks >>
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