Creme of Nature Pure Honey hair care collection debuts
Hair care brand Creme of Nature introduces Pure Honey, a collection of eight moisture-infusing products for all hair textures.
CDR
CVS Be The First youth anti-smoking drive in 3rd year
As part of its “Be The First” multiyear smoking cessation campaign, CVS Health plans to award $10 million this year to support youth smoking prevention and education programs and strategies nationwide.
Albertsons-Rite Aid merger deal seen as a ‘win-win’
The merger of Albertsons Cos. and Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said when the deal was announced late last month.
Riedl elects to step down at Walmart
George Riedl, senior vice president at Walmart and president of the Walmart Health and Wellness division, has left the company. A Walmart spokeswoman said that Riedl, a key pharmacy executive at the retail giant, departed effective March 16. The company didn’t say if a successor had been named.
Big move by Cigna accelerates health care realignment
Another blockbuster merger is adding momentum to the consolidation wave sweeping through the health care sector, and again crossing industry segments. Health insurer Cigna Corp. plans to acquire pharmacy benefits manager Express Scripts in a $67 billion cash and stock deal.
Time for drug chains to reclaim beauty category
It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty
Kehoe to succeed Fairweather as CFO at WBA
Walgreens Boots Alliance (WBA) recently announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective June 1. Kehoe will succeed George Fairweather, who has served as WBA’s global CFO since February 2015.
Walmart enlists payment tool to spur health incentives
Total health care spending in the U.S. climbed to $3.4 trillion in 2016 and is expected to reach $5.5 trillion by 2020, according to the Centers for Medicare and Medicaid Services.
SDM inks medical marijuana supply pact
Shoppers Drug Mart (SDM) has expanded its access to medical marijuana products by entering into a supply agreement with Aurora Cannabis Inc. Aurora said that under the pact it will supply SDM with Aurora-branded medical cannabis products.
NACDS members have a lot to offer in opioid fight
The National Association of Chain Drug Stores took part in this month’s White House Opioid Summit as it continues to give retail pharmacy’s take on how to combat the opioid abuse epidemic.
CVS is taking aim at the high cost of Rxs
CVS Health chief policy and external affairs officer Tom Moriarty spoke to attendees at the AHIP (America’s Health Insurance Plans) National Policy Conference in Washington, D.C., earlier this month about ways the company is addressing the high cost of prescription drugs for payers and consumers.
Donald joins Albertsons as president, COO
Albertsons Cos. has tapped retail veteran Jim Donald, former president and chief executive officer of Starbucks Corp., to serve as its new president and chief operating officer.
NACDS RxImpact Day part of ongoing dialogue
for the policy makers and pharmacy advocates who participated, the pharmacy profession as a whole and, ultimately, patients across the country — came into sharp focus during the daylong series of meetings on Capitol Hill that is
Meaningful product innovation central to retail growth
New product launches have a notoriously high failure rate. In fact, Nielsen once pegged the failure rate of new consumer packaged goods at a staggering 85%.
Senators aim to quash pharmacy gag clauses
A group of senators are sponsoring legislation to bring more prescription drug pricing transparency to the pharmacy counter. Sens. Susan Collins (R., Maine), Claire McCaskill (D., Mo.) and Debbie Stabenow (D., Mich.) yesterday introduced the Patient Right to Know Drug Prices Act (S.