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Sobeys wraps up Canada Safeway acquisition

Sobeys Inc. has closed its purchase of Canada Safeway Ltd. from U.S. food and drug retailer Safeway Inc. Canada’s Competition Bureau late last month had cleared the way for Sobeys to complete the transaction.

Carex acquires ThermiPaq line

Carex Health Brands has purchased the ThermiPaq hot and cold therapy product line from Thermionics Corp. Carex said Monday that ThermiPaq will add to its current roster of hot/cold therapy products, marketed under the Bed Buddy and TheraMed labels.

Medical Pharmacies Group closes Desjardins acquisition

Medical Pharmacies Group Ltd. has completed its acquisition of Desjardins Healthcare Group, an Ottawa-based provider of specialty pharmacy services and medical supplies and equipment. Medical Pharmacies said Friday that work is "well under way" to integrate the companies’ operations.

FDA takes aim at drug shortages

The Food and Drug Administration has announced a pair of new measures to prevent and resolve drug shortages, which the agency called a "significant public health threat" that can impact patient access to critical medications.

London Drugs adds biometrics passport photo service

London Drugs said it’s North America’s first retailer to offer customers biometric passport technology based on government standards. The western Canada drug chain said Monday that as of July 1, Canadian passports moved to an e-passport or biometric passport system.

Delpani to become Revlon CEO

The board of Revlon Inc. has elected Lorenzo Delpani as president and chief executive officer. The beauty care and cosmetics giant said Thursday that Delpani will assume the post on Nov. 1. He takes the reins from interim CEO David Kennedy, who early this month was named to take over chief executive

Rite Aid posts same-store sales gain for October

Rite Aid posts same-store sales gain for October

Same-store sales remained on a growth track in October at Rite Aid Corp. Rite Aid said Thursday that for the four weeks ended Oct. 26, comparable-store sales rose 2.1% year over year. That was up from a 1.9% increase in September and continued steady growth in monthly comp-store sales since the

CEO Levin exits Teva

Jeremy Levin has resigned as chief executive officer at Teva Pharmaceutical Industries Ltd. and has been replaced on an interim basis by finance chief Eyal Desheh.

Crossmark names vice president

Crossmark has named former GlaxoSmithKline PLC (GSK) executive Janet Carter Smith as vice president of business development. In her new role, Carter Smith will focus on working with new client opportunities across the company’s portfolio of services.