Crossmark to acquire Marketing Werks
Sales and marketing firm Crossmark plans to buy Marketing Werks, one of the nation’s largest independent consumer engagement companies.
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GSK gets OK for another four-strain flu vaccine
GlaxoSmithKline has received approval from the Food and Drug Administration for FluLaval Quadrivalent, a seasonal flu vaccine to help prevent influenza virus subtypes A and B in people ages 3 and older.
Salon Grafix to add new collection
Continental Consumer Products plans to expand its Salon Grafix hair care line with Play It Big!, a collection of products that allow women to use a hair spray daily to get big, bold styles. The company said the line of affordably priced, salon-quality products is slated to be rolled out early
Health Mart has ‘unique proposition,’ president says
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
Rexall launches personalized online Rx access
Rexall Pharma Plus has gone live with MyRexall, which gives pharmacy customers personalized access to their prescription and health information. The 426-store Canadian drug chain said Tuesday that by creating a MyRexall account, patients can easily view their medication record online.
CVS Caremark gets 2Q profit lift from new generics
Introductions of new generic drugs helped boost profits at CVS Caremark Corp. for the second quarter as the company exceeded Wall Street’s earnings forecast by a penny. CVS said Tuesday that for the second quarter ended June 30, income from continuing operations attributable to CVS Caremark rose 15.
The Top 10 Pharmacy Retailers
Little has changed in the makeup of the top pharmacy retailers over the past year, but competition is sure to keep intensifying amid the changes being brought by health care reform.
Mentholatum adds Softlips Intense Moisture
The Mentholatum Co. has extended its Softlips lip balm line with Softlips Intense Moisture.
Revlon to acquire The Colomer Group
Revlon Inc. plans to buy The Colomer Group (TCG), a beauty care company focused on the professional salon channel, in a $660 million cash deal. Revlon said Monday that it expects to close the transaction in the fourth quarter, pending customary closing conditions and regulatory approvals.
Duracell calls Quantum its most powerful alkaline battery
Duracell has launched Quantum, which it bills as its most advanced alkaline battery and the brand’s " biggest innovation since CopperTop." The new Quantum battery sports the PowerCheck power indicator.
Walgreens’ same-store sales surge in July
Comparable-store sales at Walgreen Co. rose sharply in July, as the return of Express Scripts drug plan members continued to fuel the drug chain’s improving pharmacy results. Walgreens said Monday that comp-store sales advanced 6.3% for July, reflecting a positive impact of 1.
Canadian titans Loblaw, Shoppers Drug Mart set to merge
The market reacted enthusiastically to last month’s joint announcement that Loblaw Cos. would acquire Shoppers Drug Mart for $12.4 billion (Canadian). SDM shares immediately rose 24%, close to the value of the offer.
Loblaw-SDM aims to enhance customer experience
Executives at Loblaws and Shoppers Drug Mart see the union of their companies as enhancing their efficiency and their appeal to the consumer. “This transformational partnership changes the retail landscape in Canada,” Loblaws executive chairman Galen Weston said.
Courtman hones the Health Mart proposition
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
Jean Coutu fills its war chest
The Jean Coutu Group’s decision last month to sell its remaining Rite Aid Corp. stock has led some industry watchers to speculate that the company may be either looking to acquire another Canadian retailer or put itself on the block. After Coutu announced on July 17 that it would dispose of the
Rx loyalty cards become more prevalent
The proportion of pharmacy customers who say they have a loyalty card or discount card or have been offered one was up significantly in the 2013 edition of the Pharmacy Satisfaction Pulse survey, conducted for Boehringer Ingelheim Pharmaceuticals Inc.