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January 25, 2015

TOP STORY

Pharmacy groups endorse Rx drug abuse bill

Key pharmacy industry groups hailed reintroduced federal legislation that aims to sharpening efforts to thwart prescription drug abuse and diversion.

The National Association of Chain Drug Stores, National Community Pharmacists Association, Healthcare Distribution Management Association and American Pharmacists Association this week sent a letter to the sponsors of the Ensuring Patient Access to Effective Drug Enforcement Act of 2015 (H.R. 471) to voice their support.

 

RETAIL NEWS BREAKS

NCPA urges Congress to act on Aetna Part D plan issues

The National Community Pharmacists Association has called on congressional leaders to hold hearings on information glitches that negatively impacted members of Aeta Medicare Part D drug plans.

Sears names new pharmacy chief for Kmart

Phil Keough has joined Sears Holdings Corp. as senior vice president and president of pharmacy.

Family Dollar shareholders vote for Dollar Tree

Signaling an end to an acquisition squabble between dollar store chains, shareholders of Family Dollar Stores Inc. have voted in favor of the company's previously announced merger deal with Dollar Tree Inc.

Walgreens Boots Alliance to provide 2015 earnings outlook

Walgreens Boots Alliance Inc. (WBA) plans to give adjusted earnings guidance for fiscal 2015 when it reports second-quarter results.

CVS' Merlo invited to State of the Union address

CVS Health president and chief executive officer Larry Merlo attended President Barack Obama's 2015 State of the Union address last night as a guest of First Lady Michelle Obama.

GPhA chief executive Neas to step down

Ralph Neas plans to step down as president and chief executive officer of the Generic Pharmaceutical Association (GPhA) this fall.

Supreme Court gives thumbs-down to debit card fee case

The Supreme Court has declined to hear a challenge to the debit card processing fee cap of 21 cents established by the Federal Reserve.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Cheetos to roll out first sweet snack

Frito-Lay is extending its Cheetos crunchy cheese snack brand into new territory with Cheetos Sweetos, its first-ever sweet snack.

Lipton set to debut sparkling iced tea

The Pepsi Lipton Tea partnership, a joint venture between PepsiCo and Unilever, next week plans to roll out a new line of lightly carbonated iced teas from Lipton Iced Tea.

Alberto VO5 unveils Shine, Glow & Go Beauty Oil

Alberto VO5 has introduced Shine, Glow & Go Beauty Oil, which it called its first dual-purpose, after-shower product for hair and body.

P&G tabs Taylor to lead global beauty

In a senior-level reorganization aimed at “improving strategies,” Procter & Gamble Co. has expanded the role of David Taylor and placed him in charge of the company’s global beauty business, according to published reports.

Bristol-Myers Squibb names Caforio CEO; Andreotti to become chairman

In a changing of the guard, Bristol-Myers Squibb Co. has named chief operating officer Giovanni Caforio as chief executive officer, succeeding Lamberto Andreotti, who will become chairman.

EcoTools ushers in 2015 with spate of new offerings

EcoTools has introduced a collection of new products for 2015, ranging from "super-soft" makeup brushes, to a hair brush that expedites drying and detangling, and to new-look bath accessories.

NO-AD to release anti-aging body lotion, spray

Sun & Skin Care Research LLC (SSCR) is set for the national retail rollout of its first anti-aging body lotion and spray under the company's NO-AD Skin Care brand.

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