The J. M. Smucker Co. announced today the signing of a definitive agreement to acquire Hostess Brands, Inc. for $34.25 per share in a cash and stock transaction, representing a total enterprise value of approximately $5.6 billion, which includes approximately $900 million of net debt.
The Kroger Co. today said revenue declined in the second quarter of fiscal 2023 as the rate of inflation slowed. Kroger reported net sales of $33.8 billion for the three months to August 12, down from $34.6 billion in the comparable period a year ago. Kroger reiterated its forecast for the full year
CVS Health announced that president and CEO Karen S. Lynch and executive vice president and chief einancial officer Shawn Guertin will participate in a fireside chat with investors at the 21st Annual Morgan Stanley Global Healthcare Conference on September 12, 2023, at approximately 8:50 am ET.
The Kroger Co. today said it has agreed to pay up to $1.2 billion to U.S. states, subdivisions and Native American tribes to settle the majority of claims that it fueled the opioid epidemic through lax oversight of its pill sales.
Amneal Pharmaceuticals has received Abbreviated New Drug Application (“ANDA”) approval from the U.S. Food and Drug Administration (“FDA”) for calcium gluconate in sodium chloride injection, 1000 mg/50 mL and 2000 mg/100 mL. This injectable product is currently on the U.S. FDA shortage product list.
Amneal Pharmaceuticals announced it has received Abbreviated New Drug Application (ANDA) approval from the U.S. Food and Drug Administration (“FDA”) for lisdexamfetamine dimesylate capsules, 20 mg, 30 mg, 40 mg, 50 mg, 60 mg, and 70 mg.
Meijer pharmacies are prepared for customers’ fall vaccination needs with a full inventory of flu shots ahead of flu season and the first ever FDA-approved Respiratory Syncytial Virus (RSV) vaccine for adults 60 and older.
The Kroger Co. and Albertsons Cos, today announced that they have entered a definitive agreement with C&S Wholesale Grocers LLC for the sale of 413 stores and other assets s in connection with the supermarket retailers’ proposed merger. The agreement also calls for Keene, N.H.
CVS Health Corp. announced Thursday additional responsibilities for several members of the company’s executive leadership team, effective immediately: Shawn Guertin will continue as chief financial officer and is now president of Health Services.
Leading Swiss oral health brand CURAPROX, announced today the launch of Samba, the world’s first robotic toothbrush created to allow people with disabilities to brush their teeth effectively and independently.
GOUVERNER, N.Y. – Kinney Drugs has opened RSV vaccination appointments for those age 60 and older at all 96 locations in New York and Vermont. Respiratory Syncytial Virus (RSV) is a common, highly contagious respiratory virus that typically causes mild, cold-like symptoms.
Instacart and Giant Eagle announced a chainwide partnership to power same-day delivery in as fast as an hour from more than 200 grocery stores across Pennsylvania, Ohio, West Virginia, Indiana, and Maryland.
WASHINGTON – The National Retail Federation today announced its acquisition of the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry.
DOWNERS GROVE, Ill.– Aetna Better Health® of Illinois, a CVS Health company, delivered more than $12.7 million in value-based care incentive payments to several community health centers in Illinois. The funds will help the centers improve quality of care in under-resourced communities.
NEW YORK – C&S Wholesale Grocers is reportedly in talks to potentially buy grocery stores from Kroger and Albertsons as the retailers pursue regulatory approval of a proposed merger that could require divestiture of hundreds of supermarkets.
Following timely outreach from NACDS on behalf of the industry, NACDS was pleased to see efficient action from the Centers for Disease Control and Prevention (CDC) and Centers for Medicare & Medicare Services (CMS) to help mitigate RSV (Respiratory Syncytial Virus) vaccine access challenges at pharm
