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April 14, 2014

AssistRx last week introduced a new technology that simplifies the prescribing of specialty therapies while streamlining communications between prescribers, pharmacies, patients and manufacturers. It’s smart technology that can lead to patients receiving specialty medications weeks earlier than ever before, the company claimed.

ORLANDO, Fla. — AssistRx last week introduced a new technology that simplifies the prescribing of specialty therapies while streamlining communications between prescribers, pharmacies, patients and manufacturers. It’s smart technology that can lead to patients receiving specialty medications weeks earlier than ever before, the company claimed.

April 3, 2014

Cardtronics has extended its ATM services agreement with Walgreens, the company announced Wednesday.

HOUSTON — Cardtronics has extended its ATM services agreement with Walgreens, the company announced Wednesday. Cardtronics is a preferred provider of ATM services for Walgreens.  

Since the relationship began in 2004, Cardtronics has grown its ATM presence in Walgreens locations significantly — from fewer than 400 initially to roughly 3,250 today. The company is also the exclusive ATM provider for Walgreens in many states across the U.S.

March 18, 2014

The American Pharmacists Association’s Academy of Student Pharmacists has named Phillip R. Oppenheimer, who has led University of the Pacific’s Thomas J. Long School of Pharmacy and Health Sciences for almost two decades, as the 2014 Outstanding Dean.

STOCKTON, Calif. — The American Pharmacists Association’s Academy of Student Pharmacists has named Phillip R. Oppenheimer, who has led University of the Pacific’s Thomas J. Long School of Pharmacy and Health Sciences for almost two decades, as the 2014 Outstanding Dean.

The award recognizes Oppenheimer for promoting the education of student pharmacists through community service, leadership and professional activities.

Oppenheimer will receive the award during the American Pharmacists Association annual meeting in Orlando on March 28.

March 3, 2014

Peapod last week announced the opening of a new fulfillment facility in Agawam, Mass., to better serve the needs of consumers from Hampshire and Hampden counties.

QUINCY, Mass. — Peapod last week announced the opening of a new fulfillment facility in Agawam, Mass., to better serve the needs of consumers from Hampshire and Hampden counties.

February 25, 2014

AB Acquisition LLC, which operates Albertson’s LLC and New Albertson’s Inc., has appointed Rick Navarro, who had been the company’s CFO since its inception in 2006, as chief administrative officer. Succeeding Navarro as the company’s CFO is former Nash Finch executive Robert Dimond.

BOISE, Idaho — AB Acquisition LLC, which operates Albertson’s LLC and New Albertson’s Inc., has appointed Rick Navarro, who had been the company’s CFO since its inception in 2006, as chief administrative officer. Succeeding Navarro as the company’s CFO is former Nash Finch executive Robert Dimond.

In his new role, Navarro will oversee the IT, legal, business development, human resources and public affairs functions.

February 18, 2014

Horst M. Rechelbacher, the founder of Aveda and a self-proclaimed “student” of nature, died on Feb. 15 at his home in Osceola, Wis., after a battle with pancreatic cancer.

MINNEAPOLIS — Horst M. Rechelbacher, the founder of Aveda  and a self-proclaimed “student” of nature, died on Feb. 15 at his home in Osceola, Wis., after a battle with pancreatic cancer. He was 72 years old.

February 18, 2014

Hy-Vee announced that it has entered into an agreement to purchase Amber Pharmacy, a specialty pharmacy solutions provider based in Omaha, Neb.

WEST DES MOINES, Iowa — Hy-Vee on Monday announced that it has entered into an agreement to purchase Amber Pharmacy, a specialty pharmacy solutions provider based in Omaha, Neb. Hy-Vee and Amber Pharmacy have been partners in Hy-Vee Pharmacy Solutions since 2010. This acquisition allows Hy-Vee to expand its current specialty pharmacy business, providing customers with increased specialty options, access and affordability.

February 12, 2014

EO Products, a maker of natural and organic personal care products, has announced that it will now operate under its original company name, Small World Trading Co.

SAN RAFAEL, Calif. — EO Products, a maker of natural and organic personal care products, has announced that it will now operate under its original company name, Small World Trading Co.
 
SWTC was founded in 1995 when it launched its first product line, EO. On the heels of the 2012 launch of the EveryOne line, the company has decided to rebrand to more specifically reflect a parent company to both of the product lines — EO and EveryOne brands, the company stated.
 

February 11, 2014

Kroger on Tuesday announced it has purchased the assets of You Technology Brand Services, a Silicon Valley-based platform of digital coupons and promotions.

CINCINNATI — Kroger on Tuesday announced it has purchased the assets of You Technology Brand Services, a Silicon Valley-based platform of digital coupons and promotions.

January 29, 2014

Global consumer confidence held steady at an index of 94 for three consecutive quarters, ending 2013 one point higher than it started and three points higher than the same time period the previous year, according to consumer confidence findings released by Nielsen.

NEW YORK — Global consumer confidence held steady at an index of 94 for three consecutive quarters, ending 2013 one point higher than it started and three points higher than the same period the previous year, according to consumer confidence findings released Wednesday by Nielsen.

January 24, 2014

Private equity firm Palladin Consumer Retail Partners on Thursday announced the acquisition of KT Health, a producer of kinesiology tape and related sports medicine products in the retail market.

BOSTON — Private equity firm Palladin Consumer Retail Partners on Thursday announced the acquisition of KT Health, a producer of kinesiology tape and related sports medicine products in the retail market. KT Tape, the company’s flagship product, is used by professional and recreational athletes to prevent injury, reduce pain, promote recovery and maximize comfort.  

January 24, 2014

Family support group Tomorrow's Child recently partnered with Walgreens stores across Michigan, according to the company.

EAST LANSING, Mich. — Family support group Tomorrow's Child recently partnered with Walgreens stores across Michigan, according to the company. 

Supporters of Tomorrow's Child can help more babies reach their first birthdays by visiting Walgreens in January and purchasing $1 or $5 "pin-ups" at any of its 230 Michigan stores.

January 20, 2014

Former Ulta Beauty CEO Lyn Kirby is reportedly part of a group that acquired Beauty Brands, a cosmetics chain based in Kansas City, Mo.

KANSAS CITY, Mo. — Former Ulta Beauty CEO Lyn Kirby is reportedly part of a group that acquired Beauty Brands, a cosmetics chain based in Kansas City, Mo.

According to a Crain’s Chicago Business article, Kirby, along with a leveraged buyout firm in California, snapped up the majority stake from advertising executive and entrepreneur Robert Bernstein.

January 17, 2014

Matrix, a professional hair care and hair color company that is a subsidiary of L'Oréal USA, is aiming to transform the professional hair styling experience with a new program that features Google Glass.

NEW YORK — Matrix, a professional hair care and hair color company that is a subsidiary of L'Oréal USA, is aiming to transform the professional hair styling experience with a new program that features Google Glass.

January 16, 2014

Target is gearing up for spring with the launch of new Sonia Kashuk makeup, beauty tools and cosmetic bags available exclusively at Target beginning in March.

MINNEAPOLIS — Target is gearing up for spring with the launch of new Sonia Kashuk makeup, beauty tools and cosmetic bags available exclusively at Target beginning in March.

This season, the makeup artist, who has had a creative partnership with Target since 1999, is bringing to her collection new formulas for flawless skin, luxe metallic shadows and bold brights for lips and cheeks. New eye and facial makeup includes:

January 14, 2014

The Hain Celestial Group, an organic and natural products company, on Monday announced the acquisition of Tilda Limited, a Basmati and specialty rice products company.

LAKE SUCCESS, N.Y. — The Hain Celestial Group, an organic and natural products company, on Monday announced the acquisition of Tilda Limited, a Basmati and specialty rice products company. Tilda brand's portfolio includes more than 60 dry rice and ready-to-eat products under the names Tilda, Akash Basmati and Abu Shmagh.

January 14, 2014

H.D. Smith celebrates 60 years of business in 2014, the wholesaler announced Monday.

SPRINGFIELD, Ill. — H.D. Smith celebrates 60 years of business in 2014, the wholesaler announced Monday. 

The company was founded in 1954 to meet the needs of an underserved region in Central Illinois. Before H. D. Smith opened its doors, pharmacies in the area purchased their pharmaceuticals and supplies through large distributors out of St. Louis, Chicago, Champaign and Peoria, the company stated. 

December 27, 2013

Brynwood Partners V on Friday announced that it is selling its investment in DeMet’s Candy Company for $221 million to Yildiz Holdings A.S., the owner of Godiva, a chocolate brand. The transaction is expected to close in January 2014.

GREENWICH, Conn. — Brynwood Partners V on Friday announced that it is selling its investment in DeMet’s Candy Company for $221 million to Yildiz Holdings A.S., the owner of Godiva, a chocolate brand. The transaction is expected to close in January 2014. 



December 16, 2013

More Americans now say they are loosening the purse strings in advance of the holiday season, and fewer say they are tightening their belts, according to a recent survey.

NEW YORK — More Americans now say they are loosening the purse strings in advance of the holiday season, and fewer say they are tightening their belts, according to a recent Citi national survey released Monday. Only 35% said they would be spending less than last year, reflecting the lowest level of holiday budget cutbacks since the financial crisis. As many as 63% of Americans plan to spend more (11%) or the same (52%) on holiday shopping this year.

November 25, 2013

The global market research firm Harris Interactive on Monday announced that it has entered into a definitive merger agreement to be acquired by Nielsen Holdings.

ROCHESTER, N.Y. — The global market research firm Harris Interactive on Monday announced that it has entered into a definitive merger agreement to be acquired by Nielsen Holdings. 

November 19, 2013

SILVER SPRING, Md. — At the request of the Food and Drug Administration, U.S. Marshals seized dietary supplements manufactured and held by Hi-Tech Pharmaceuticals, located in Norcross, Ga., after FDA investigators found the products contained 1, 3-Dimethylamylamine HCl (DMAA) or its chemical equivalent, the agency announced Monday.

“This company has a responsibility to ensure its products are safe for distribution and human consumption,” stated Melinda Plaisier, the FDA’s associate commissioner for regulatory affairs. “We have taken action to protect consumers and demonstrate our commitment to their safety by keeping these products from entering the distribution system.”

The retail value of the seized products is more than $2 million, the agency estimated.

A complaint filed in the U.S. District Court for the Northern District of Georgia alleged that the products were adulterated according to the Federal Food, Drug, and Cosmetic Act because they contain DMAA, an unapproved food additive that is deemed unsafe under the law.

The FDA is urging consumers not to buy or use supplements containing DMAA, which can elevate blood pressure and could lead to cardiovascular problems, including heart attack, shortness of breath and tightening of the chest. Given the known biological activity of DMAA, the ingredient may be particularly dangerous when used with caffeine. Consumers should check labels and avoid any dietary supplements containing DMAA, which is referred to on different product labels by 10 possible names. The FDA has warned consumers about the health risks of DMAA on its web site.

On Nov. 12, 2013, U.S. Marshals seized more than 1,500 cases of finished goods and more than 1,200 pounds of in-process/raw material goods from the Hi-Tech Pharmaceuticals facility.

During the FDA’s inspection of Hi-Tech Pharmaceuticals, which began in October, investigators identified 11 products that were labeled as containing DMAA or its chemical equivalent. These products included Black Widow, ECA Xtreme, Fastin, Fastin-XR, Lipodrene, Lipodrene Hardcore, Lipodrene XR, Lipodrene Xtreme, Lipotherm, Stimerex-ES, and Yellow Scorpion. The investigators also observed bulk DMAA raw ingredients at the facility. Prior to the seizure, on Nov. 1, 2013, the FDA issued an administrative detention, temporarily holding the products until they were seized.

Dietary supplements containing DMAA are illegal and the FDA is using all available tools at its disposal to remove these products from the market. In 2012, the FDA issued warning letters to companies notifying them that products containing DMAA need to be taken off the market or reformulated to remove this substance.

SILVER SPRING, Md. — At the request of the Food and Drug Administration, U.S. Marshals seized dietary supplements manufactured and held by Hi-Tech Pharmaceuticals, located in Norcross, Ga., after FDA investigators found the products contained 1, 3-Dimethylamylamine HCl (DMAA) or its chemical equivalent, the agency announced Monday.  

November 8, 2013

Boehringer Ingelheim SVP managed markets Jeff Huth has been elected by the National Pharmaceutical Council as chairman of the board for 2013-2014, the organization said Friday.

WASHINGTON — Boehringer Ingelheim SVP managed markets Jeff Huth has been elected by the National Pharmaceutical Council as chairman of the board for 2013-2014, the organization said Friday.

Huth has served as a member of the NPC's board since 2009 and has previously had the positions of vice chairman and treasurer. The NPC, founded in 1953, describes itself as a health policy research organization focused on the advancement of science and medical innovation.

October 31, 2013

Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs.

WASHINGTON – Walmart U.S. president and CEO Bill Simon and Secretary of Commerce Penny Pritzker announced at the SelectUSA 2013 Investment Summit on Thursday that three suppliers have made new domestic manufacturing commitments that will create 385 jobs. The move is part of the retailer’s previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.

Walmart said that Elan-Polo, Louis Hornick & Company and EveryWare Global will produce footwear, curtains and glassware, respectively.

October 30, 2013

A once-daily inhaler for chronic obstructive pulmonary disease has become available, the makers of the inhaler said Wednesday.

RESEARCH TRIANGLE PARK, N.C. — A once-daily inhaler for chronic obstructive pulmonary disease has become available, the makers of the inhaler said Wednesday.

GlaxoSmithKline and Theravance announced the availability of Breo Ellipta (fluticasone furoate; vilanterol), for long-term maintenance treatment of airflow obstruction in patients with COPD, a term that encompasses chronic bronchitis and emphysema. The drug is not meant for treating acute bronchospasm or asthma, the companies said.

October 16, 2013

Lansinoh Laboratories is expanding its product offering with six new items for mass outlets in 2014, which are being introduced this week at the ABC Kids Expo, the company announced Wednesday.

LAS VEGAS — Lansinoh Laboratories is expanding its product offering with six new items for mass outlets in 2014, which are being introduced this week at the ABC Kids Expo, the company announced Wednesday.  

The items are inspired by Lansinoh's new Pump-Store-Feed system, and are designed to make breastfeeding as convenient as possible. The new products include two breast pumps and a redesign of the Lansinoh mOmma bottle.