Content about Business

October 31, 2010

The Ladies Professional Golf Association and Wegmans on Friday jointly announced that they will continue...

October 28, 2010

A group representing the drug retailing industry commended a senator's support of the military healthcare...

ALEXANDRIA A group representing the drug retailing industry commended a senator's support of the military healthcare program Tricare.

October 28, 2010

Three of Lion Brewery's beers now will be available in cans....

CHICAGO Three of Lion Brewery's beers now will be available in cans.

Lionshead and Lionshead Light now are available in 12-oz. and 16-oz. aluminum cans, and Stegmaier Gold is on the market in 16-oz. cans, all of which are supplied by Rexam. The beers previously were only offered in glass bottles.

October 28, 2010

“We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO,...

WHAT IT MEANS AND WHY IT'S IMPORTANT “We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO, told Drug Store News in one interview last year, and it neatly encapsulates the dynamic that may be unfolding behind the scenes at the nation’s top pharmacy retailer.

(THE NEWS: Walgreens said to consider sale of PBM. For the full story, click here)

October 28, 2010

Supervalu has sold 14 stores under the Bristol Farms banner, the retailer announced Friday....

October 27, 2010

An insurance company and a patient assistance program have joined forces to improve medication adherence...

BLOOMFIELD, Conn. An insurance company and a patient assistance program have joined forces to improve medication adherence outcomes of Type 2 diabetes patients.

October 27, 2010

Building upon its "Have You Tried This Yet?" campaign, Procter & Gamble will release its...

October 27, 2010

A New York Times report published Tuesday illustrated exactly how far apart the rubber is...

October 27, 2010

Rite Aid on Thursday posted a same-store sales decrease of 1.7% for the four weeks...

October 27, 2010

Risks of counterfeiting, contamination and intellectual property theft could increase with the globalization of the...

NEW YORK Risks of counterfeiting, contamination and intellectual property theft could increase with the globalization of the pharmaceutical supply chain, according to a new report.

October 27, 2010

Weis Markets on Wednesday reported its month-long Fight Hunger food drive totaled $356,000 in food...

October 26, 2010

Dr Pepper Snapple Group reported earnings per share of 60 cents for thr second quarter,...

PLANO, Texas Dr Pepper Snapple Group reported earnings per share of 60 cents for the second quarter, up from 59 cents in the year-ago period.

The company, however, had fewer shares outstanding in the latest quarter.

 

October 26, 2010

The nation's food and beverage manufacturers and retailers are taking an extra step to combat...

October 26, 2010

British drug maker GlaxoSmithKline will pay nearly $1 billion to the U.S. government to settle...

LONDON British drug maker GlaxoSmithKline will pay nearly $1 billion to the U.S. government to settle allegations that it sold contaminated and ineffective products.

 

The company will plead guilty to criminal charges relating to drugs made at a manufacturing plant in Cidra, Puerto Rico, which it closed in 2009, and pay $750 million. In a whistleblower suit filed by a former employee, it was alleged that the company knowingly sold defective supplies of various drugs, including the baby ointment Bactroban (mupirocin) and the antidepressant Paxil (paroxetine).

October 26, 2010

Kiwi Shoe Care's Camp Dry line is helping consumers keep their shoes prepared for upcoming...

EXTON, Pa. Kiwi Shoe Care's Camp Dry line is helping consumers keep their shoes prepared for upcoming harsh weather.

Kiwi's Camp Dry heavy-duty water repellant and Camp Dry performance fabric protector can be found at mass merchandisers, including Walmart and Target, as well as sporting goods stores. Both products are designed to repel water and minimize stains and wear-and-tear.

October 26, 2010

The charitable arm of the National Association of Chain Drug Stores announced its $1 million...

ALEXANDRIA, Va. The charitable arm of the National Association of Chain Drug Stores announced its $1 million contribution to the National Consumers League's medication adherence awareness campaign.

 

October 26, 2010

Procter & Gamble announced on Wednesday that first-quarter earnings per share from continuing operations exceeded...

CINCINNATI Procter & Gamble announced on Wednesday that first-quarter earnings per share from continuing operations exceeded estimates and rose 5% as net sales rose 2% to $20.1 billion.

October 26, 2010

There's talk that nail polish company OPI Products is looking to sell itself for at...

NEW YORK There's talk that nail polish company OPI Products is looking to sell itself for at least $900 million, according to a Wall Street Journal report.

OPI reportedly is in discussions with several parties, including Coty and private-equity firm Bain Capital, according to WSJ, which cited "people familiar with the matter."

Harris Shepard Public Relations, which represents OPI, stated: "The rumors about the sale of OPI have persisted for years. Other than that, [we] have no comment. Thank you."

October 25, 2010

Rimmel London, a Coty brand, is looking to help beauty mavens achieve Brit-girl style with...

NEW YORK Rimmel London, a Coty brand, is looking to help beauty mavens achieve Brit-girl style with the early 2011 launch of new makeup for eyes, lips and face.

For face is the new Match Perfection foundation, which features Smart-Tone technology to mimic skin's natural texture and tone for a match that promises to cover imperfections with traceless blendability. An oxygen complex helps skin breathe as the blue-sapphire complex fights yellow undertones to prevent skin from looking sallow. It comes in 16 different shades and is priced at $8.99 each.

October 25, 2010

Navarro Discount Pharmacies, which operates 28 stores in Miami, has bolstered its management team with...

October 25, 2010

Opening another front in its long campaign to extend electronic prescribing and health information technology...

NEW ORLEANS Opening another front in its long campaign to extend electronic prescribing and health information technology throughout the United States, e-prescribing platform provider Surescripts said Monday that it will expand its nationwide e-prescribing network to accelerate the digital transformation of the nation’s healthcare system by enabling the electronic exchange of all types of clinical information.

October 25, 2010

The temporary discontinuation of sales of a drug used by cancer patients led to a...

LAKE FOREST, Ill. The temporary discontinuation of sales of a drug used by cancer patients led to a slight dip in sales for Hospira during third quarter 2010, but the company nonetheless had strong sales overall, according to an earnings report released Tuesday.

 

October 25, 2010

The board of directors at Weis Markets approved a quarterly dividend of 29 cents per...

October 24, 2010

“This is simply the best, most diverse lineup of retailers we have ever had.” That’s...

October 24, 2010

Many retail CFOs are adjusting their outlooks as the holiday season approaches, according to a...