Dollar Tree is divesting 330 stores
As part of gaining regulatory approval for its acquisition of Family Dollar Stores Inc., Dollar Tree Inc. has agreed to sell 330 stores to private equity firm Sycamore Partners.
CDR
AmerisourceBergen aligns resources with Rx
in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. — to its distribution network, which handles some 35% of the pharmaceutical products sold in the United States. The multimillion-dollar investment to build and equip the warehouses will bring the amount of money the
Retail’s role deserves acknowledgement
the wrong kind of headlines. Some samples include the following: • CVS is being accused of targeting African-American and Hispanic shoppers as more likely to cause trouble than are Caucasian customers. • Walmart has reluctantly agreed to lower the temperature — by one degree
Big data as a disruptor in chain drug merchandising
As prescription drug revenue and profitability are threatened by the expanding share of generics and continued reimbursement pressures, many chain drug retailers are counting on improved front-of-store sales and profitability to counterbalance the declines. That goal faces several challenges.
Exclusive, niche brands loom large in beauty mix
The year 2014 will be remembered as one of discovery about the power of niche and exclusive beauty brands at retailers in the United States, and that momentum will increase well into the future.
Benzer Pharmacy eyes acquisitions to spur growth
Independent drug chain Benzer Pharmacy is looking to acquire more pharmacies to fuel its expansion. The Tampa, Fla.
Scenes from FMI Connect 2015
The Food Marketing Institute (FMI) held its FMI Connect annual conference and trade expo this week, drawing stakeholders from across the food retailing industry.
Walgreens program promotes healthier behaviors
A new white paper from Walgreens finds that its Balance Rewards for healthy choices (BRhc) loyalty program is encouraging healthier behaviors by members, including weight loss and improved medication adherence by those with hypertension and/or diabetes.
Glenmark ships Dovonex generic
Glenmark Pharmaceuticals Inc. USA has been granted final approval by the Food and Drug Administration for calcipotriene cream, a psoriasis medication. Glenmark said Thursday that it plans to begin shipping of its calcipotriene cream product, a generic version of Dovonex Cream 0.
Medi-Cal looks to recoup reimbursement funds
The National Association of Chain Drug Stores reported that Medi-Cal, California’s Medicaid program, will begin sending letters to pharmacies about recoupment of funds stemming from a reimbursement reduction that had been blocked in court and then later allowed to proceed.
Ads highlight pharmacists as health providers
This month, the Patient Access to Pharmacists’ Care Coalition (PAPCC) released newspaper ads and radio spots urging Congress to pass the Pharmacy and Medically Underserved Areas Enhancement Act (S. 314/H.R. 592).
UN, Walgreens vaccine campaign wins award
The United Nations Foundation and Walgreens received a Silver Effie Award in the health care services category for their 2014-15 “Get A Shot. Give A Shot” campaign. Launched in 2013 by Walgreens and the United Nations Foundation, “Get a Shot.
Snapple brand refresh brings new look
A new look for Snapple beverages is hitting store shelves now as part of a brand refresh by New York-based retail design and brand agency CBX. CBX said Wednesday that the new design of the Dr Pepper Snapple Group brand touches all Snapple products, including more than 20 flavors of regular and
Men’s Health names Van der Hagen Shave Butter as top product
Van der Hagen Enterprises’ Shave Butter was named as a top product of the year by Men’s Health magazine.
Walgreens ramps up telehealth services
Walgreens plans to expand telehealth services access via its mobile app and website to 25 states by the end of this year.
Jennifer Aniston stars in smartwater ad campaign
Actress Jennifer Aniston takes the spotlight in a new promotional campaign for Coca-Cola Co.’s smartwater vapor-distilled water beverage brand.