Mission Pharmacal Co. has sold a half-dozen over-the-counter health products under the Dr. Smith’s and Thera-Gesic brands to MainPointe Pharmaceuticals LLC. With the divestitures, Mission also licensed the marketing rights for five other OTC health products to Louisville, Ky.-based Mainpointe.
Shoppers Drug Mart outperformed overall retail sales growth for parent Loblaw Cos. in the 2017 fourth quarter and fiscal year. Loblaw said Thursday that for the fourth quarter ended Dec. 30, Shoppers Drug Mart posted revenue of $3.17 billion (Canadian), up 3.8% from $3.06 billion a year earlier.
To help raise money for local baby charities, Fruth Pharmacy plans to hold its 3rd Annual Baby Face Event on March 24. At the Fruth Pharmacy Baby Face Event, the retailer will be looking for four babies to be the “baby face” for the company’s advertising during the next year. To
Amazon.com has made an own-brand foray into the over-the-counter health products market.
Galderma Laboratories has expanded its lineup of acne solutions with the introduction of Differin Daily Deep Cleanser and Differin Oil Control Moisturizer with SPF 30.
Following up last year’s launch of its Digital Accelerator program, Coty Inc. has unveiled a new initiative for technology start-ups.
Store-brand sales growth in the mass retail channel approached 10% last year, according to new Nielsen data reported by the Private Label Manufacturers Association (PLMA). In 2017, private-label dollar sales at mass merchant, warehouse club and dollar stores totaled $54.9 billion, up 9.3% from $50.
Steve Presley has been named to succeed Paul Grimwood as market head and chief executive officer of Nestlé USA. Plans call for Presley, now chief finance and strategic transformation officer, to take the helm as Nestlé USA CEO on April 1.
Express Scripts Holding Co. and Walgreens Boots Alliance (WBA) are expanding their group purchasing efforts to include the procurement of specialty branded drugs.
Teva Pharmaceutical Industries Ltd. and Impax Laboratories Inc. have released minocycline HCl extended-release tablets, an acne medication, in 65 mg and 115 mg dosages.
The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview with Chain Drug Review.
Hello Products is launching a subscription service that will enable consumer to stay supplied with its “naturally friendly” oral care products. Dubbed the Replenishmint Subscription Service, the offering is slated to debut on Feb. 21.
Walmart saw sales rise for its 2018 fourth quarter and fiscal year, fueled by gains across its key divisions as well as robust e-commerce growth. Walmart on Tuesday reported $136.3 billion in revenue in its fourth quarter, an increase of 4.1% from a year earlier.
CVS Health and Walmart have been named to the 2018 Fast Company 50 Most Innovative Companies list. On this year’s 50 Most Innovative Companies listing, CVS finished in the top 10, coming in at No. 7 for “cleaning up the aisles,” Fast Company said. CVS had last made the list in 2016,
Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83 billion and operate about 4,900 stores, 4,350 pharmacy locations and
specifically at the pharmacy counter. Earlier this week, the administration proposed to change SNAP by substituting a USDA food package — including such items as shelf-stable milk, cereal, pasta, peanut
