Video Forum: Mike Wysong, CARE Pharmacies
about both the association and the industry. Wysong shares his views about the current state of the retail pharmacy business, as well as such important issues as PBM reform, expanding the scope of
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Costco posts 5.7% net sales gain in second quarter
Costco Wholesale Corp. posted net sales of $57.33 billion for the second quarter of its 2024 fiscal year, an increase of 5.7% from the $54.24 billion posted in the same quarter last year. Net sales for the first 24 weeks increased 5.9%, to $114.05 billion, from $107.68 billion last year. The company
Camber launches generic Vascepa
PISCATAWAY, N.J– Camber Pharmaceuticals announces the addition of icoapent ethyl capsules to its current portfolio.
Cardinal Health leaders named Reuters Trailblazers
Two members of Cardinal Health’s executive leadership team have been named to Reuters’ Trailblazing Women lists, announced today to coincide with International Women’s Day. These lists recognize women who have made significant contributions to their fields.
Biden vows to cut costs of Rx drugs
President Biden urged Congress to focus on cost-saving ideas for pharmaceuticals in his State of the Union address Thursday night, including capping out-of-pocket prescription drug costs for all Americans and allowing the federal government to negotiate the prices of widely used medications.
CARE Pharmacies announces new chairman and board of director appointments
LINTHICUM, Md. – CARE Pharmacies Cooperative Inc. announced the appointment of its 2024 officers, and the addition of two new members to its board of directors with the reappointment of one Director for an additional term.
In State of the Union week, pressure only rising for PBM reform
ARLINGTON, Va. – NACDS president and CEO Steven Anderson today issued the following statement: “Obviously Congress missed a tremendous chance recently to enact pharmacy benefit manager (PBM) reforms in Medicare and Medicaid.
ALDI plans to add 800 stores by the end of 2028
ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028.
Circana report reveals private brands surge amidst inflation
Circana has released a new report on the state of private brands (also referred to as store brands or private labels). Despite high inflation, private brands have experienced growth, surpassing $217 billion in sales in the United States market.
Bast rejoins Greater Than One as chief strategy officer
Andrew Bast will be rejoining Media marketing and technology agency Greater Than One as chief strategy officer. Bast brings the art and science of strategic planning to forge dynamic, insight-driven strategies which resonate deeply with clients’ customers, the agency says.
Family Dollar teams up with Ibotta to create next generation digital offer program
Ibotta, a leading performance marketing platform, today announced that Family Dollar has joined the Ibotta Performance Network (IPN), the first digital network that delivers promotions in a coordinated fashion across retailer platforms, large third-party publisher sites, and Ibotta’s leading direct-
NACDS urges action in wake of cyberattack
ARLINGTON, Va. – On March 6, the National Association of Chain Drug Stores (NACDS) submitted a letter to the U.S.
Consumer and merchant groups urge Congress to reject bill delaying action on swipe fees
WASHINGTON – More than 60 national and state organizations representing consumers and merchants today called on Congress to reject legislation introduced by Rep. Blaine Luetkemeyer, R-Mo., that would delay the Federal Reserve’s proposal to reduce the regulated rate for debit card swipe fees.
Kroger’s Q4 earnings beat expectations
Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.
Target to add paid membership program
As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360.
Honoring trailblazing women in the nutrition industry
The Council for Responsible Nutrition (CRN), the leading trade association in the dietary supplement and functional food industry, and Radicle Science are partnering to establish the Trailblazing Woman Award, the nutrition industry’s first award to honor the achievements of bold women in the wellnes