which totaled $72 billion in 2016 and $76 billion after the third quarter of 2017, prior to CVS announcing the final deal. Across the industry, companies are increasingly leveraging these strategic partnerships to improve
Not so long ago large multinational consumer packaged goods companies competed against one another by seeking out new markets to conquer and new consumer segments to attract. Today, the drivers of growth have undergone rapid and massive transformation.
U.S. mass cosmetics sales on Amazon.com surged 45% year over year in 2017 to an estimated $110 million, according to e-commerce specialist One Click Retail. Last year, Maybelline was the leading mass cosmetics brand by sales and share, at 12%, on Amazon, One Click Retail said.
Next month, the National Association of Chain Drug Stores will set an all-time high for reach and participation when pharmacy advocates head to Washington, D.C., for the 2018 NACDS RxImpact Day on Capitol Hill.
Lupin Pharmaceuticals Inc., the U.S. arm of India-based Lupin Ltd., has received Food and Drug Administration approval for oseltamivir phosphate oral suspension 6 mg (base)/ml, a flu medication.
Executives from regional drug and supermarket chains from across the country met in Fort Lauderdale, Fla., earlier this month at the 2018 NACDS Regional Chain Conference.
triggered at the register, in the aisles, at the display case/window or, increasingly, online — is embedded deep within the U.S. consumer, and retailers know it. A new poll from deal-sharing platform Slickdeals gives
Biosimilars, generic drugs and affordable branded drugs are top-of-mind at Diplomat Pharmacy Inc. this year as the specialty pharmacy looks to help health plans and patients rein in costs.
Mission Pharmacal Co. has sold a half-dozen over-the-counter health products under the Dr. Smith’s and Thera-Gesic brands to MainPointe Pharmaceuticals LLC. With the divestitures, Mission also licensed the marketing rights for five other OTC health products to Louisville, Ky.-based Mainpointe.
Shoppers Drug Mart outperformed overall retail sales growth for parent Loblaw Cos. in the 2017 fourth quarter and fiscal year. Loblaw said Thursday that for the fourth quarter ended Dec. 30, Shoppers Drug Mart posted revenue of $3.17 billion (Canadian), up 3.8% from $3.06 billion a year earlier.
To help raise money for local baby charities, Fruth Pharmacy plans to hold its 3rd Annual Baby Face Event on March 24. At the Fruth Pharmacy Baby Face Event, the retailer will be looking for four babies to be the “baby face” for the company’s advertising during the next year. To
Amazon.com has made an own-brand foray into the over-the-counter health products market.
Store-brand sales growth in the mass retail channel approached 10% last year, according to new Nielsen data reported by the Private Label Manufacturers Association (PLMA). In 2017, private-label dollar sales at mass merchant, warehouse club and dollar stores totaled $54.9 billion, up 9.3% from $50.
Steve Presley has been named to succeed Paul Grimwood as market head and chief executive officer of Nestlé USA. Plans call for Presley, now chief finance and strategic transformation officer, to take the helm as Nestlé USA CEO on April 1.
Express Scripts Holding Co. and Walgreens Boots Alliance (WBA) are expanding their group purchasing efforts to include the procurement of specialty branded drugs.
Teva Pharmaceutical Industries Ltd. and Impax Laboratories Inc. have released minocycline HCl extended-release tablets, an acne medication, in 65 mg and 115 mg dosages.
