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Data-driven insights can fuel CPG sales gains

Data-driven insights can fuel CPG sales gains

Challenging conditions notwithstanding, advanced data science provides cause for optimism this year for consumer packaged goods marketers. That is the message of IRI’s latest Times & Trends report, “Taking Stock of CPG Past and Future: Gear Up Now for a Year of Growth.

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BI rolls out Spiriva Respimat asthma inhaler to pharmacies

BI rolls out Spiriva Respimat asthma inhaler to pharmacies

Boehringer Ingelheim Pharmaceuticals Inc. has released Spiriva Respimat, an asthma treatment, to U.S. pharmacies. BI noted that Spiriva Respimat isn’t a medication for sudden asthma symptoms. The Food and Drug Administration approved a once-daily dose of Spiriva Respimat 2.

Rite Aid shareholders OK Walgreens merger deal

Rite Aid shareholders OK Walgreens merger deal

Rite Aid Corp. stockholders have voted overwhelmingly to approve the company’s $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Approximately 97% of the votes cast at a special meeting of stockholders on Thursday were in favor of the deal.

Lannett to pare workforce in restructuring plan

Lannett to pare workforce in restructuring plan

Lannett Co. has instituted a restructuring plan to streamline operations, sharpen efficiencies and trim costs. Announced this week, the plan is part of the generic drug maker’s efforts to integrate its recently completed acquisition of Kremers Urban Pharmaceuticals Inc.

Steripod offers toothbrush protection solution

Steripod offers toothbrush protection solution

Bonfit America Inc. is spotlighting its Steripod toothbrush protector for National Children’s Dental Health Month, held in February by the American Dental Association. The clip-on Steripod protector fits any standard or electronic toothbrush.

Supervalu announces CEO transition

Supervalu announces CEO transition

Food and drug retailer and distributor Supervalu Inc. has hired Mark Gross as president and chief executive officer. Supervalu said Wednesday that Gross takes the CEO reins effective Feb. 5 and will succeed Sam Duncan, who is retiring at the end of this month.

CVS Pharmacy makes Target debut

CVS Pharmacy makes Target debut

The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C.

Specialty to become bigger Rx sales booster

Specialty to become bigger Rx sales booster

Pharmaceutical supply chain and economics expert Adam Fein, CEO of the Drug Channels Institute, says specialty drugs continue to hoist pharmacy industry sales, according to his firm’s latest analysis.

NBTY to sell Vitamin World chain

NBTY to sell Vitamin World chain

NBTY Inc. has agreed to sell its Vitamin World retail business to private investment firm Centre Lane Partners. The vitamins and dietary supplements maker said Tuesday that the deal, slated to close by mid-February, will enable Vitamin World to operate as a stand-alone retail business.