This year, Loblaw Cos. plans to invest about $1 billion into its Canadian retail business. Loblaw said Tuesday that it aims to open 50 new stores and complete 150 store remodels. The capital budget also includes e-commerce expansion plus IT infrastructure and supply chain projects.
Walgreens Boots Alliance (WBA) Inc. has sold its Alliance Healthcare Russia pharmaceutical wholesale business to 36.6, a leading health and beauty aids and pharmacy retailer in Russia. Financial terms of the transaction weren’t disclosed. However, WBA said it will own a 15% interest in the 36.
Lewis Drug is getting ready to open its 50th store, which will mark a milestone for the regional pharmacy chain. The outlet, formerly an independent pharmacy, is located rural Clear Lake, S.D., and will get upgraded systems and a fresh look. The front end will get Lewis’ curated assortment of health
Many retailer loyalty card programs don’t work because they’re “consumer unfriendly,” says Kurt Jetta, founder and CEO of TABS Analytics.
Lupin Pharmaceuticals Inc., the U.S. arm of India-based Lupin Ltd., has launched the first product from its Gavis pipeline, zolpidem sublingual tablets 1.75 mg and 3.5 mg, an insomnia drug. Lupin said its product is a generic version of Intermezzo sublingual tablets (1.75 mg and 3.
Walgreens has begun providing the opioid overdose antidote naloxone without a prescription in all of its Pennsylvania pharmacies. The drug chain said Monday that naloxone is now easier to obtain in its more than 120 drug stores across Pennsylvania.
Pharmacists in California can now provide prescription contraceptives to women without a script from their doctor.
Mondelēz International has formed an e-commerce partnership with China-based Alibaba Group, the world’s largest online and mobile commerce company, to extend its reach into the Chinese market.
Wrigley has put its best red-nosed face forward and taken up the challenge from Walgreens. The candy maker has responded to Walgreens’ challenge on social media for Red Nose Day, an event that the drug chain inaugurated in the U.S.
Hallmark is shifting its current Spanish-language greetings line to a new lifestyle brand called Hallmark VIDA.
Banana Boat has rolled out its new SunComfort Lotion Sunscreen to drug, supermarket and mass retailers nationwide.
The National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have urged congressional leaders to decline increases to prescription co-payments in TRICARE, the U.S. armed forces health benefits program.
Boosted by its acquisition of EnvisionRx, Rite Aid Corp. saw sales rise for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share topping Wall Street estimates for both periods. Rite Aid said Thursday that for the fourth quarter ended Feb. 27, sales totaled $8.
Just over a year after approving its first biosimilar product, the Food and Drug Administration has approved its second, Celltrion’s Inflectra (biosimilar infliximab). Inflectra is a biosimilar to Janssen Biotech’s Remicade (infliximab), originally licensed in 1998.
Pfizer Inc. said Wednesday that its merger agreement with Allergan PLC has been terminated by mutual agreement, a decision driven by the Treasury Department’s announcement of new rules intended to undercut this type of tax inversion deal.
Bioré Skincare has signed up actress Shay Mitchell as its latest brand ambassador. The Kao USA skin care brand said Mitchell will serve as the face of the Bioré brand for 2016 and be featured in upcoming campaigns for the Bioré’s new Baking Soda Cleansers that hit retail store shelves earlier this
