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Walmart said to be in talks to acquire Humana
According to a report in The Wall Street Journal on Friday, Walmart and health insurer Humana are in early talks regarding a possible merger. WSJ says it isn’t clear what terms the companies may be discussing, and the story said there is no guarantee they will strike a deal. However, if they
CVS supports bleeding disorder programs
CVS Health announced more than $260,000 in charitable commitments to local and national hemophilia and bleeding disorder programs across the country. The announcement of new commitments coincides with Bleeding Disorder Awareness Month, which is nationally recognized each year in March.
McKesson takes steps to fight opioid epidemic
As the severity of the American opioid epidemic continues to deepen, government agencies — along with the White House — and private sector companies are joining the fight to stop it. On Thursday, McKesson Corp. announced a series of company initiatives aimed at combatting the crisis.
Walgreens Boots Alliance posts 2Q gains
Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion.
Five ways Amazon can jump into health care
Online retail giant Amazon will enter the broader health care market — it’s just a question of how, according to global management consulting firm L.E.K. Consulting. In a new report released yesterday, L.E.K.
GSK to buy out Novartis in consumer health joint venture
GlaxoSmithKline plc plans to buy Novartis’ 36.5% stake in their consumer health care joint venture for $13 billion. Under the agreement announced Tuesday, Novartis’ shares in the joint venture will be canceled, and the joint venture will pay the buyout price to Novartis.
Walgreens raises beauty to an even higher level
The elevation of beauty at Walgreens continues to take the category to new heights. The retailer has just completed the second phase of the Walgreens Beauty Differentiation concept rollout, diversifying its department mix with new brands and tonics.
Johnson & Johnson announces CFO succession
Dominic Caruso, executive vice president and chief financial officer at Johnson & Johnson, is slated to retire this fall and be succeeded by Joseph Wolk.
Rembrandt 1 Week Whitening Kit rolls out to stores
Ranir LLC has launched the Rembrandt 1 Week Whitening Kit, formulated to provide faster results for consumers looking to whiten their teeth.
Report: Women exec turnover high in retail, CPG
especially women executives — is much higher than that for men in the retail and CPG industries. Titled “The
Pharmacy groups hail expanded free Rx plan in Ontario
Canadian pharmacy organizations lauded the Ontario government’s expansion of its OHIP+ free prescriptions plan to seniors in the province. Ontario Premier Kathleen Wynne yesterday announced that, starting Aug.
CVS steps up opioid abuse prevention in New Hampshire
CVS Health has taken its efforts to fight the abuse of opioids to New Hampshire.
Albertsons readies food, wellness digital marketplace
BOISE, Idaho – Albertsons Cos. has called on vendors to join its upcoming digital marketplace for food and wellness products.
Walmart to add more FedEx Office departments in stores
FedEx Corp. plans to open FedEx Office departments at 500 Walmart U.S. stores over the next two years. FedEx said Tuesday that the Walmart FedEx Office locations will offering printing, shipping and other services.
Former Lilly CFO to head CVS Caremark
CVS Health has named former Eli Lilly and Co. chief financial officer Derica Rice as president of its CVS Caremark pharmacy benefit management unit. Plans call for Rice to take the helm at CVS Caremark on March 30, CVS said late Tuesday.