Jhaveri named Health Mart president
Nimesh Jhaveri has joined the Health Mart family of community pharmacies as president. Jhaveri, who has 30 years of hands-on pharmacy experience, started in his new role on October 31.
CDR
Rite Aid announces plans for reverse stock split
CAMP HILL, PA – Rite Aid Corp. announced today that its board of directors has approved a reverse stock split of the company’s common stock. The reverse stock split is intended to enable Rite Aid to regain full compliance with the New York Stock Exchange (NYSE) listing rules.
Pepsi to launch new nitrogen-infused drink called “Nitro Pepsi”
Pepsi has announced the roll out of a nitrogen-infused version of its trademark soda called “Nitro Pepsi.” With a promising “velvety, cascading foam,” Nitro Pepsi aims to replicate that drinking experience as the “world’s first nitrogen-infused soda” in two flavors: Classic Soda and Vanilla.
Tostitos to set an (unofficial) world record at Super Bowl 53
Tostitos is introducing #TostitosLiveBowl, the first-of-its-kind livestream of a tortilla chip bowl streaming straight from Atlanta, the home of Super Bowl LIII.
Spin Master wins in three categories at the U.K. Toy of the Year Awards
Spin Master Corp., a leading global children’s entertainment company, took home top honors for its innovative products at the Toy Industry Awards presented by the British Toy & Hobby Association (BTHA) and the Toy Retailers Association on January 22, 2019. The Company won two coveted U.K.
Danone North America offers a Super Bowl challenge
Oikos, the Official Yogurt of the National Football League, is giving fans even more reason to root for offensive hustle on Super Bowl Sunday with a friendly offer called the #TripleZeroChallenge.
NACDS demonstrates need for DIR fee reform in comments to CMS
Based on insights from member pharmacies that serve as the front lines of healthcare delivery, the National Association of Chain Drug Stores (NACDS) has submitted extensive and thoroughly documented comments to the Centers for Medicare & Medicaid Services in support of the agency’s proposal to refor
The profession of pharmacy: A tale of two realities
Editor’s note: This was part of CDR’s 2019 Pharmacy Outlook in the January 7 issue. Today, pharmacists are facing a health care environment that presents both opportunities and challenges.
10 trends to expect in 2019 from RetailMeNot’s Retailer Playbook
RetailMeNot released the top 10 trends that will define retail and marketing in 2019, based on survey insights from retail marketers and consumers.
Trial finds formula in Releev highly active against herpes
Merix Pharmaceutical Corp., an industry leader in the treatment of cold sores and development of phyto-pharmaceutical technology, announces its proprietary botanical extract formula Viracea was found to be highly active against HSV-1 and HSV-2 in laboratory testing.
CVS Health announces transaction with Vitality Re X
CVS Health announced that Aetna, a CVS Health business, has entered into a four-year reinsurance arrangement with Vitality Re X Limited as part of its long-term capital management strategy.
CVS announces organizational changes
CVS Pharmacy has expanded the responsibilities of Judy Sansone, the chain’s senior vice president of front store business and chief merchant. In addition, George Coleman has been promoted to senior vice president of merchandising, reporting to Sansone.
BD launches ergonomic pen needle technology
BD (Becton, Dickinson and Company), announced the U.S. Food and Drug Administration 510(k) clearance of its second generation BD Nano pen needle, designed for more reliable subcutaneous injection depth.
New beauty aisles at CVS reflect transparency
CVS Pharmacy, the retail division of CVS Health, announced significant progress toward the goal of full transparency for all of its beauty imagery by the end of 2020 and its efforts to create new industry standards for post-production alterations of beauty imagery.
Brandless unveils premium baby and pet products
Brandless.com, the direct-to-consumer, community-led brand, has introduced two entirely new categories — baby and pet. For increased convenience, Brandless has also unveiled a new optional subscription service to help folks stay stocked.
Cardinal Health names Rice as EVP, CIO and customer support services
Cardinal Health announced that Brian Rice will join the company as executive vice president, chief information officer and customer support services. Rice’s most recent role was senior vice president, chief information officer and global business services for Kellogg Company.