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2019 NACDS Annual Meeting Info

NACDS has released the “Know Before You Go” video that prepares attendees for the 2019 NACDS Annual Meeting, which will be held April 27-30, 2019.

David Kimbell named president of Ulta

Ulta Beauty Inc. has named David Kimbell to the additional role of company president. He continues to serve as chief merchandising and marketing officer. In this new role, Kimbell assumes additional responsibilities for corporate strategy, merchandise planning and operations, the company said.

Hallmark rolls out new card collections for spring

This spring, Hallmark is once again proving the relevance of its brand and the greeting card category by launching new card collections targeting younger shoppers, more innovative 3-D pop up cards, and all-new premium influencer collaborations.

Dr. Reddy’s announces acquisition of ANDA portfolio

Dr. Reddy’s Laboratories along with its subsidiaries announced  that it has entered into a definitive agreement to acquire a portfolio of 42 approved, non-marketed Abbreviated New Drug Applications (ANDAs) in the U.S. The portfolio includes more than 30 generic injectable products.

Softsoap’s Décor Collection brings style to the sink

Softsoap has re-launched its collection meant to bring style and happiness to washing your hands. The Décor Collection features five lavish scents with new reimagined, modern product packaging that brings a sophisticated pop of color to any sink in the home.

Walmart investing heavily in store remodels

Walmart announced last week it will invest more than $1 billon toward opening new stores in Florida and California, and remodeling 157 stores in those states along with Texas, Arizona, Indiana and Pennsylvania. The retailer also will expand its grocery pickup and delivery options in all six states.

Flipz introduces shareable snack mix

Flipz announced the launch of Flipz Mix, a deliciously fun assortment of your favorite sweet, salty, and crunchy snacks combining Flipz milk chocolate-covered pretzels with popcorn, pretzels, and candy-coated chocolate pieces.

CVS Health PBM solutions blunted the impact of drug price inflation

This week CVS Health announced that, in 2018, the company’s pharmacy benefit management (PBM) solutions blunted the impact of drug price inflation achieving a negative -4.2% price growth for non-specialty drugs and a 1.7 percent price growth for specialty drugs.

FLAVORx celebrates grand re-opening

FLAVORx announced that it has expanded and renovated their Columbia space as a result of continued business growth and the integration of their sister company Fillmaster Systems.

Fred’s to begin closing underperforming stores

MEMPHIS – Fred’s announced Thursday that it will begin to close underperforming and unprofitable stores. The company also has retained PJ Solomon to evaluate strategic alternatives to maximize value for all shareholders.

Rite Aid reports mixed results for Q4

Rite Aid Corp. on Thursday posted fourth quarter earnings results that fell below Wall Street’s expectations. The drug chain also provided a forecast for the upcoming fiscal year. For the fourth quarter, the company reported net loss from continuing operations of $255.

Rite Aid board selects 1-for-20 of reverse stock split ratio

Rite Aid Corp. announced that its board of directors has approved a reverse stock split of the company’s common stock at a ratio of 1-for-20. The reverse stock split was previously approved by stockholders at a Special Meeting of Stockholders held on March 21, 2019.