Mentholatum adds Softlips Intense Moisture
The Mentholatum Co. has extended its Softlips lip balm line with Softlips Intense Moisture.
CDR
Revlon to acquire The Colomer Group
Revlon Inc. plans to buy The Colomer Group (TCG), a beauty care company focused on the professional salon channel, in a $660 million cash deal. Revlon said Monday that it expects to close the transaction in the fourth quarter, pending customary closing conditions and regulatory approvals.
Duracell calls Quantum its most powerful alkaline battery
Duracell has launched Quantum, which it bills as its most advanced alkaline battery and the brand’s " biggest innovation since CopperTop." The new Quantum battery sports the PowerCheck power indicator.
Walgreens’ same-store sales surge in July
Comparable-store sales at Walgreen Co. rose sharply in July, as the return of Express Scripts drug plan members continued to fuel the drug chain’s improving pharmacy results. Walgreens said Monday that comp-store sales advanced 6.3% for July, reflecting a positive impact of 1.
Canadian titans Loblaw, Shoppers Drug Mart set to merge
The market reacted enthusiastically to last month’s joint announcement that Loblaw Cos. would acquire Shoppers Drug Mart for $12.4 billion (Canadian). SDM shares immediately rose 24%, close to the value of the offer.
Loblaw-SDM aims to enhance customer experience
Executives at Loblaws and Shoppers Drug Mart see the union of their companies as enhancing their efficiency and their appeal to the consumer. “This transformational partnership changes the retail landscape in Canada,” Loblaws executive chairman Galen Weston said.
Courtman hones the Health Mart proposition
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
Jean Coutu fills its war chest
The Jean Coutu Group’s decision last month to sell its remaining Rite Aid Corp. stock has led some industry watchers to speculate that the company may be either looking to acquire another Canadian retailer or put itself on the block. After Coutu announced on July 17 that it would dispose of the
Rx loyalty cards become more prevalent
The proportion of pharmacy customers who say they have a loyalty card or discount card or have been offered one was up significantly in the 2013 edition of the Pharmacy Satisfaction Pulse survey, conducted for Boehringer Ingelheim Pharmaceuticals Inc.
Decision to delay ACA provision wins praise
The Obama administration’s decision to delay an Affordable Care Act (ACA) mandate that large employers provide coverage for workers is a “wise move,” said a top official with the National Retail Federation (NRF).
Inaugural Total Store Expo gets under way
The moment has arrived: Twenty-seven months after the National Association of Chain Drug Stores announced the creation of the Total Store Expo, the event is here. Unprecedented in scale and scope, the gathering kicks off this weekend, on Saturday, August 10, at Sands Expo and Convention Center here.
Three chains won’t sell new issue of Rolling Stone
The three major drug chains have banned sales of the August issue of Rolling Stone magazine, which pictures accused Boston Marathon bomber Dzhokhar Tsarnaev on its cover. CVS/pharmacy, Walgreen Co. and Rite Aid Corp.
Walgreens tabs Lelinski as VP of market access
Walgreen Co. has named Mark Lelinski corporate vice president of market access.
A primer on how to view Total Store Expo
or, for that matter, any other retail trade organization — is finally upon us. The result is that some 5,200 people — a group that includes the NACDS board — are descending on Las Vegas to meet, talk,
Health care reform gives rise to rival Rx models
With less than two months to go before open enrollment in the new state health insurance exchanges begins, one of the great dramas in the history of retail pharmacy is about to unfold.
Majestic Drug launches Senzzzzz Away Tooth Desensitizer
Majestic Drug Co. has introduced Senzzzzz Away Tooth Desensitizer, a convenient dental gel that provides relief from tooth sensitivity. The company said Friday that Senzzzzz Away Tooth Desensitizer alleviates sensitivity of teeth to cold, sweet and hot foods and liquids with a single application.