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Scot Meyer

GlaxoSmithKline, Pfizer close joint venture

GlaxoSmithKline, Pfizer close joint venture

GlaxoSmithKline said Thursday that it has closed a previously announced joint venture deal with Pfizer Inc. that will combine their respective consumer healthcare businesses. The move will create the world’s largest supplier of over-the-counter medications.

Walmart names new VP for O-T-Cs

Walmart has transitioned two merchandising executives to new roles. Annie Walker has been named the new vice president of merchandising operations, apparel, for Walmart U.S. She will report to Kevin Pate.

Chain Drug Review hosts CBD Roundtable

Chain Drug Review hosts CBD Roundtable

Chain Drug Review conducted a CBD Roundtable at the recent ECRM Cough/Cold Show at the Sheraton Grand Hotel. Participating in the panel discussion were: Dave Donnan, senior partner, A.T. Kearney. Vincent Porpiglia, president of Hero Brands, internal sales arm for Select CBD.

Approval reportedly near for CVS-Aetna deal

Approval reportedly near for CVS-Aetna deal

CVS Health Corp.’s planned acquisition of Aetna Inc. is close to getting the official go-ahead from federal regulators, according to a report published Wednesday by The Wall Street Journal, which said the deal could receive formal antitrust approval from the U.S.

Wakefern to host store brand sourcing event

Wakefern to host store brand sourcing event

Wakefern Food Corp. plans to host a store brand sourcing event on Thursday, May 17. The one day exclusive supplier program at the New Jersey Convention and Exposition Center in Edison, N.J., will pair potential new vendors with Wakefern buyers and category managers in private, 20-minute meetings.