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Issue 09-28-2015

Rite Aid, Folds of Honor team up on scholarships

Rite Aid Corp. is recognizing 274 students around the country who are receiving Folds of Honor educational scholarships made possible by a $1.3 million donation from the Rite Aid Foundation’s KidCents ­program.

Appointments strengthen Kroger’s senior leadership team

Kroger Co. has named four executive vice presidents to lead key parts of its business. Mike Donnelly is now EVP of merchandising, Chris Hjelm is EVP and chief information officer, Fred Morganthall is EVP of retail operations, and Mike Schlotman is EVP and chief financial officer.

Cardinal launches R&D site

Cardinal Health has opened a research and development facility dedicated to reducing the estimated $5 billion wasted each year in the health care supply chain for devices and implantables. The Healthcare Supply Chain Innovation Lab, a 20,000-square-foot facility in Concord, Mass.

Federal Reserve leaves interest rates unchanged

Federal Reserve leaves interest rates unchanged

Federal Reserve policy makers have just two more chances to raise short-term interest rates this year after taking a pass earlier this month and holding rates at their historically low levels for at least a while longer.

Diplomat divesting compounding unit

Restore Health announced this month it has entered into an agreement to acquire the compounding pharmacy assets of Diplomat Pharmacy Inc. Financial terms of the agreement weren’t disclosed.

Health care reform process far from over

Health care reform process far from over

The major provisions of the Patient Protection and Affordable Care Act have been in effect for almost two years now, enough time to undertake an interim analysis of the controversial law’s impact on the health care system.

What it takes to create product images that sell

What it takes to create product images that sell

How many times have you seen an image of a product and had your interest piqued, only to view the item firsthand and have the thought, “That’s not what I was expecting.” It’s common, especially among home buyers.