U.S. Farm Bill signed into law
President Trump has signed the Farm Bill, which had bipartisan support in Congress, into law. The signing of the $867 billion Farm Bill removes industrial hemp from a list of federally controlled substances.
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Packaged Facts reports Walmart gaining ground in groceries
Walmart is the in-store grocery leader. Some 27% of in-store grocery purchasers say Walmart is the in-store retailer they get groceries from most, more than twice as many as Kroger, the next most chosen retailer, according to market research firm Packaged Facts in the report U.S.
Walgreens earnings beat Wall Street projections
Walgreens Boots Alliance (WBA) on Thursday reported first quarter double-digit earnings growth for fiscal 2019 that beat analysts’ expectations, while revenue fell short of forecasts. The retailer’s revenue was $33.79 billion.
Rite Aid reports fiscal 2019 third quarter results
Rite Aid Corp. today reported operating results for its third fiscal quarter ended December 1. For the third quarter, the company reported net loss from continuing operations of $17.3 million, or $0.02 per share, Adjusted net income from continuing operations of $14.7 million, or $0.
Rite Aid, McKesson continue partnership
CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp. announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.
Abbott offers Pedialyte Sparkling Rush powder packs
Flavored sparkling water is currently a taste bud darling, and fans can now enjoy a new effervescent option: Pedialyte Sparkling Rush powder packs from Abbott.
Sandoz enters into commercialization and supply agreement for insulin biosimilars
Sandoz, a Novartis division and the pioneer and global leader in biosimilars, today announced that it has entered into an agreement to commercialize biosimilar versions of insulins used in patients with type 1 and type 2 diabetes.
Raley’s elevates Zimmermann to new leadership role
WEST SACRAMENTO, Calif. – Raley’s announced the promotion of Deirdre Zimmermann to chief customer experience officer. Zimmermann has served in an executive position since joining the organization in 2015, beginning as senior vice president, marketing and e-commerce.
Estate acquired to bolster entreneurship for women of color
The Dennis Family, including entrepreneur, investor, and social impact innovator Richelieu Dennis, has facilitated the acquisition of Madam C.J. Walker’s 100-year-old estate — Villa Lewaro — outside New York City.
Giant Food promotes expanded fine wine offerings
Giant Food announced today its promotion of various award-winning and highly-rated wines. Wine and beer selections are available at 67 Giant stores throughout Virginia, Washington D.C. and Maryland.
New VP at CARE Pharmacies
CARE Pharmacies, a member-owned cooperative of independent community and specialty pharmacies, promoted Wafaa Berrady earlier this month to vice president of finance. In her new role, Berrady will oversee all the chain level financial functions of the growing cooperative drug chain. “Mrs.
Paramount Rx saves customers over $400 million on prescriptions
CARY, N.C. – Prescription benefits manager Paramount Rx reported that it has saved customers more than $400 million on their prescriptions in 2018 through its Community Cares Rx prescription discount program.
GSK, Pfizer create O-T-C giant
GlaxoSmithKline Plc and Pfizer Inc. have struck a deal that will create the largest over-the-counter drug company in the world. GSK paved the way for a split into two companies, agreeing to create the consumer-health joint venture with Pfizer.
The Emerson Group partners with MarketHub, a CBD retail category expert
The Emerson Group and MarketHub, the hemp retail category experts, announced today a new partnership that offers retailers and their customers a seamless entry point into the burgeoning CBD industry.
Judge softens stance on CVS-Aetna deal
According to various published reports, a federal judge on Tuesday “softened” his previous suggestion that he would likely order CVS Health to halt its integration of Aetna. U.S.
Shoppers Drug Mart expands beauty offering with launch of clinic
Shoppers Drug Mart today announced it will open a pilot store, the Beauty Clinic by Shoppers Drug Mart, dedicated to cosmetic dermatology services.