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January 29, 2015

TOP STORY

Rite Aid to build new distribution center

Rite Aid Corp. plans to construct a new distribution center in Spartanburg, S.C., which will be the drug chain's first new facility in 15 years.

The 900,000-square-foot distribution center will serve approximately 1,000 Rite Aid drug stores in the southeastern U.S. Chairman and CEO John Standley stated that the new facility "will help us to further optimize our supply chain and better serve our stores and customers across the Southeast."

 

RETAIL NEWS BREAKS

NACDS, NCPA hail new provider status legislation

The National Association of Chain Drug Stores and the National Community Pharmacists Association have endorse new legislation that would recognize pharmacists as health care providers and expand their scope of practice.

CVS affiliates with Louisiana, Kansas health networks

CVS Health has formed clinical affiliations with regional health systems LSU Healthcare Network in New Orleans and Shawnee Mission Health in Kansas.

Albertsons, Safeway merger cleared by FTC

The Federal Trade Commission has approved the proposed merger of supermarket operators Safeway Inc. and AB Acquisition LLC, the parent company of Albertsons.

Lovell Drugs to test non-invasive diabetes screening kiosk

Canadian pharmacy chain Lovell Drugs Ltd. plans to pilot Scout DS diabetes screening kiosks from Miraculins Inc.

Walgreens Boots Alliance names new global CFO

George Fairweather has been appointed executive vice president and global chief financial officer at Walgreens Boots Alliance Inc.

Rite Aid promotes real estate executive

Ray Payne, vice president of real estate for the West Coast at Rite Aid Corp., has been promoted to group vice president of real estate.

Supreme Court looks at Medicaid reimbursement

The National Association of Chain Drug Stores is keeping watch on a case before the U.S. Supreme Court regarding the right of health care providers, including pharmacies, to file lawsuits challenging Medicaid reimbursement rates.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Dr Teal's Epsom salt packaging adds Velcro closure

Velcro Industries announced that bath care brand Dr Teal's has integrated the Velcro Press-Lok closure into the packaging of its Epsom salt bath soaking products.

Teva gets green light for generic Nexium

Teva Pharmaceutical Industries Ltd. has gained Food and Drug Administration approval to market esomeprazole magnesium delayed-release capsules, a treatment for gastroesophageal reflux disease (GERD), in the United States.

Post Holdings to acquire cereal maker MOM Brands

Post Holdings Inc. plans to buy MOM Brands Co., a leading maker of branded and private-label cereals in the value segment, in a $1.15 billion cash and stock deal.

GSK launches inhalers for asthma, COPD

GlaxoSmithKline plc has released two of its recently approved products for the treatment of asthma and chronic obstructive pulmonary disease (COPD) to U.S. retail pharmacies.

Purdue releases Hysingla ER abuse-deterrent tablets

Purdue Pharma has announced the U.S. launch of Hysingla ER extended-release tablets, which the company is the first hydrocodone product recognized by the Food & Drug Administration to have abuse-deterrent properties.

Impax cleared to market Lamictal ODT generic

Impax Laboratories Inc. has received approval from the Food and Drug Administration for lamotrigine orally disintegrating tablets, an anti-epileptic medication.

Old Spice introduces Fresher Collection

Old Spice has expanded its lineup of men's grooming and personal care products with the Fresher Collection.

More Supplier News Breaks >>
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