Rite Aid turns in net loss for first quarter
Rite Aid Corp. cited pressure in pharmacy reimbursement as it reported a net loss and fell short of Wall Street’s earnings forecast for its fiscal 2017 first quarter.
Rite Aid Corp. cited pressure in pharmacy reimbursement as it reported a net loss and fell short of Wall Street’s earnings forecast for its fiscal 2017 first quarter.
The U.S. prestige beauty industry did an estimated $16 billion in total sales in 2015, according to NPD Group Inc. reports, and fragrance accounts for about a third of that total. We estimate that worldwide companies lose 15% to 20% of their sales to counterfeit goods. Therefore, in the U.S.
Scott Usitalo has been appointed as chief marketing officer at Kimberly-Clark Corp. Previously president of Kimberly-Clark’s family care business in North America, Usitalo will report to Tony Palmer, president of global brands and innovation.
Henry Dale Smith Jr., chairman and chief executive officer of H.D. Smith Holding Co., has received the 2016 Nexus Award for Lifetime Achievement from the HDA Research Foundation.
Lip balm brand Lip Smacker will sponsor the 2016 “Untouchable Tour” of youth singing sensation Meghan Trainor. The Markwins Beauty Inc.
The National Association of Chain Drug Stores and National Community Pharmacists Association have called on Congress to support a pilot program for TRICARE that they say would rein in prescription drug costs for the Department of Defense (DoD).
London Drugs has begun providing personal skin cancer screenings at select locations.
The Healthcare Distribution Alliance (HDA) honored innovative pharmaceutical and consumer products and manufacturers with its annual Distribution Management Awards for Notable Achievements in Healthcare (DIANA).
Rite Aid Corp. is purchasing the assets and intellectual property of bankrupt telehealth kiosk provider HealthSpot. A Rite Aid spokeswoman confirmed Tuesday that the company won an auction this week for the HealthSpot assets with a $1.15 million bid.
Walgreens and the Greater Than AIDS initiative are working with health departments and local AIDS service organizations (ASOs) to offer free HIV testing and counseling about new prevention strategies.
Vito Maurici has been named vice president of sales for the convenience, mass market retail, military and travel accounts at McLane Co.
To help fuel surging sales for its Skittles candy brand, Wrigley has opened a state-of-the-art expansion to its factory in Yorkville, Ill.
bottled water. A new study from the Beverage Marketing Corp.
The National Community Pharmacists Association wants to convey the value of independent pharmacies to their communities.
Lannett Co. has gained approval from the Food and Drug Administration for neomycin sulfate tablets 500 mg, an antibiotic. Lannett said Monday that its product is a therapeutic equivalent to the reference listed drug, neomycin sulfate tablets (500 mg) from Teva Pharmaceuticals USA Inc.
The Healthcare Distribution Management Association (HDMA) has changed its name to the Healthcare Distribution Alliance (HDA).