A&P saw its stock price plunge more than 60% on Friday amid published reports that the struggling food and drug retailer was on the verge of filing for bankruptcy protection. A report by Bloomberg on Friday said A&P was considering filing for Chapter 11 bankruptcy and that such a move could take
In another recall, Johnson & Johnson’s McNeil Consumer Healthcare unit is pulling back all lots of the soft chewable versions of its Rolaids antacid.
Expanding its menu of options for holiday greetings, American Greetings Corp. has introduced new digital slideshow cards that come preloaded with Christmas images or can be customized with favorite photos.
A study by Walgreen Co. found that people with diabetes who participated in a disease management program involving face-to-face interaction with a pharmacist showed high levels of patient engagement and vastly improved clinical outcomes.
Kroger Co. has partnered with The Salvation Army and hunger relief group Feeding America to offer free flu shots to people who lack health insurance or have inadequate coverage.
Kerr Drug is the first U.S. retailer to deploy 24×7 living assistance and emergency response technology and services from ActiveCare Inc. for senior citizens.
Helen of Troy Ltd. plans to acquire health care and home products maker Kaz Inc. for $260 million. Helen of Troy said Thursday that the cash deal is slated to be completed by Dec. 31, pending the closing of financing for the transaction, regulatory approvals and other conditions.
Cadbury is extending its Trident line of sugar-free gum with Trident Vitality, which is designed to bring a more sophisticated blend of flavors.
Target Corp.’s ClearRx prescription bottle and packaging has been received the Design of the Decade award from the Industrial Designers Society of America (IDSA).
Bath and beauty supplier EcoTools this spring plans to roll out new items, along with a new look and revised sets, for its popular Alicia Silverstone collection. The eco-friendly brand, part of Paris Presents Inc.
Grammy-winning singer Taylor Swift has signed up with CoverGirl to represent a new-generation luxury makeup line called NatureLuxe.
Pfizer Inc. has teamed up with actress and model Angie Harmon in a promotion for its Children’s Advil ibuprofen pain reliever and fever reducer.
Regional food and drug retailer Pathmark has begun accepting Medicare Part B coverage at select stores. The A&P-owned supermarket chain is accepting Part B at 53 of its 117 pharmacy locations.
Brian Tyler has been appointed president of McKesson U.S. Pharmaceutical to replace John Figueroa, who is leaving the company to become chief executive officer of Omnicare Inc. McKesson Corp.
Graymark Healthcare Inc. has completed its agreement to sell its ApothecaryRx retail pharmacy business to Walgreen Co. Announced in September, the deal with Walgreens involves substantially all of the assets of ApothecaryRx for $25.5 million, plus approximately $3.8 million for inventory.
The Centers for Medicare & Medicaid Services (CMS) should consider the role that pharmacy plays in delivering patient-centered care and lowering health care costs as it devises rules for accountable care organizations (ACOs), according to the National Association of Chain Drug Stores.
