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April 13, 2011

Nash Finch, a food distribution company, on Monday named retired CVS Caremark president Chris Bodine to the company’s board.

MINNEAPOLIS — Nash Finch, a food distribution company, on Monday named retired CVS Caremark president Chris Bodine to the company’s board.

April 13, 2011

Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, Dow Jones reported.

NEW YORK — Target expects sales from its upcoming Canadian stores to total more than $6 billion by 2017, Dow Jones reported.

Speaking to Wall Street analysts, CFO Douglas Scovanner said Tuesday that Target expects to have more than 200 stores in Canada within the next five to 10 years, with the stores generating about $6 billion Canadian ($6.27 billion in U.S. dollars based on Tuesday’s exchange rate).

Target’s initial group of stores will open through the chain’s purchase in January of up to 220 leases held by Hudson's Bay Co.'s Zellers stores.

April 12, 2011

Hungry Jack is bringing its home-style hash browns to major grocery chains nationwide.

WALNUT CREEK, Calif. — Hungry Jack is bringing its home-style hash browns to major grocery chains nationwide.

New Hungry Jack premium hash brown potatoes, from 100% Idaho potatoes, allow consumers to enjoy hash brown potatoes at home in four steps. Hungry Jack premium hash brown potatoes come fully cooked and seasoned and require no refrigeration, the company said.

Hungry Jack premium hash brown potatoes are available at such retailers as Walmart, H-E-B, Safeway, Kroger, Publix, Food Lion, Albertsons and Super Target for about $1.79 per carton.

April 12, 2011

The board of directors for Walgreens declared a quarterly dividend that was 27.3% above last year.

DEERFIELD, Ill. — The board of directors for Walgreens declared a quarterly dividend that was 27.3% above last year.

The dividend, valued at 17.5 cents per share, is payable June 11 to shareholders of record May 20.

Walgreens noted that it has paid a dividend in 314 straight quarters (or 78 years) and has raised its dividend for 35 consecutive years.

April 11, 2011

A provider of retailer supplier education services has named a 31-year Walmart veteran as its president and CEO.

BENTONVILLE, Ark. — A provider of retailer supplier education services has named a 31-year Walmart veteran as its president and CEO.

8th & Walton said Mike Cockrell, who most recently served as chief merchandising officer of Walmart's Indian joint venture with Bharti before his retirement in February, would lead the company's efforts to accelerate growth initiatives while enhancing existing services.

April 11, 2011

In an effort to reward those that take everyday conservation actions, Procter & Gamble's Future Friendly program has announced a national partnership with Recyclebank.

CINCINNATI — In an effort to reward those that take everyday conservation actions, Procter & Gamble's Future Friendly program has announced a national partnership with Recyclebank.

The announcement follows a successful collaboration between P&G Future Friendly and Recyclebank's Cincinnati division, which enhanced the city's recycling efforts.

April 8, 2011

A line of inflatable inserts that prevent boots from wrinkling and creasing have gained distribution in Duane Reade.

NEW YORK — A line of inflatable inserts that prevent boots from wrinkling and creasing have gained distribution in Duane Reade.

Booty Shapers offer consumers an inexpensive way to store boots and are available in small, medium and large sizes, catering to all different kinds of boots, the company said.

Booty Shapers can be purchased at Duane Reade, CVS.com, Drugstore.com and more, for a suggested retail price of $9.99 per pair.

April 8, 2011

The news that CVS Caremark's MinuteClinic has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners is important as it reflects a larger focus within the U.S. healthcare landscape: medical homes, or for a growing number of Americans, the lack thereof.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS Caremark's MinuteClinic has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners is important as it reflects a larger focus within the U.S. healthcare landscape: medical homes, or for a growing number of Americans, the lack thereof.

April 8, 2011

Nine people died in Alabama last month after taking a compounded injectable supplement contaminated with bacteria, according to published reports.

NEW YORK — Nine people died in Alabama last month after taking a compounded injectable supplement contaminated with bacteria, according to published reports.

The New York Times reported that the patients died of infections with Serratia marcescens bacteria in hospitals after receiving the intravenously administered supplement total parenteral nutrition from the Birmingham, Ala.-based compounding pharmacy Meds IV Pharmacy.

April 7, 2011

CVS Caremark's retail-based clinic operator, MinuteClinic, has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners to enhance the healthcare services provided to patients in communities throughout Chicagoland and central Illinois.

WOONSOCKET, R.I., and OAK BROOK, Ill. — CVS Caremark's retail-based clinic operator, MinuteClinic, has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners to enhance the healthcare services provided to patients in communities throughout Chicagoland and central Illinois. The deal marks the largest clinical collaboration between a regional health system and MinuteClinic based on number of in-store clinic locations.

April 7, 2011

Marukome has introduced an easy-to-use miso product.

NEW YORK — Marukome has introduced an easy-to-use miso product.

New Miso & Easy is an all-natural liquid that comes in an unbreakable squeeze bottle and is available in original and ginger-tomato flavors. Miso is a seasoning made with soybeans and rice or barley and is cultured or fermented for a period of time.

Formerly only available in Asian markets, Marukome Miso & Easy now is available at such retailers as Ralph’s, Safeway and Fairway.

April 6, 2011

Walmart announced that, through the Walmart Foundation, it has donated $319 million in cash and $480 million in in-kind contributions around the globe during the fiscal year ended Jan. 31.

BENTONVILLE, Ark. — Walmart announced that, through the Walmart Foundation, it has donated $319 million in cash and $480 million in in-kind contributions around the globe during the fiscal year ended Jan. 31.

According to Walmart, the company's U.S. giving grew by 64%, largely due to donations of produce, meats, poultry and other nutritious food to local food banks from Walmart stores, Sam's Club locations and distribution centers.

April 5, 2011

Mylan subsidiary Bioniche Pharma has launched an injectable treatment for a rare metabolic disorder, Mylan said Tuesday.

PITTSBURGH — Mylan subsidiary Bioniche Pharma has launched an injectable treatment for a rare metabolic disorder, Mylan said Tuesday.

Mylan announced the launch of octreotide acetate injection in prefilled syringes, a generic version of Novartis’ Sandostatin, used to treat the disorder acromegaly and suppress or inhibit severe diarrhea related to certain tumors. Acromegaly results from excess growth hormone produced in the pituitary gland, causing fatigue and weakness, body odor and carpal tunnel syndrome.

April 5, 2011

A former MedFusionRx VP has joined BioPlus as its new chief strategic officer.

ALTAMONTE SPRINGS, Fla. — A former MedfusionRx VP has joined BioPlus as its new chief strategic officer.

In his new role, Russell Gay will provide key leadership for all of the business development at BioPlus, including the strengthening and growth of relationships with payers, physicians, the pharmaceutical industry and various industry partners, BioPlus said.

April 5, 2011

CVS Caremark announced on Tuesday that it has been named as one of the most reputable companies in the United States in the 2011 Most Reputable Companies list published by Forbes magazine in partnership with the Reputation Institute.

WOONSOCKET, R.I. — CVS Caremark announced on Tuesday that it has been named as one of the most reputable companies in the United States in the 2011 Most Reputable Companies list published by Forbes magazine in partnership with the Reputation Institute.

Of the 150 companies included in the survey, CVS Caremark ranked 30th.

Survey respondents rated companies on financial performance, products and services, innovation, workplace, governance, citizenship and leadership.

April 4, 2011

Kmart has named the top eight toys for the summer.

HOFFMAN ESTATES, Ill. — Kmart has named the top eight toys for the summer.

The toys on the Hot 8 list all are designed for outdoor use and are made by such brands as Power Wheels, Little Tikes and Fisher Price.

This year's Hot 8 list includes:

  • Banzai Splash Blast Lagoon pool;

April 4, 2011

Retailers rank among the highest for their customer service, according to a new report by the Temkin Group.

NEW YORK — Retailers rank among the highest for their customer service, according to a new report by the Temkin Group.

The consulting and research firm analyzed responses from 6,000 consumers, found that Amazon.com ranked No. 1 for providing an "excellent" customer experience, coming in with a ranking of 81.3%. A business qualifies for an "excellent" rating when their score is 80% or higher, Temkin said.

April 4, 2011

Representatives from leading employers and payers met Monday to discuss the evolving role of employers in health care at the first Walgreens Employer Health and Wellness Executive Client Forum.

DEERFIELD, Ill. — Representatives from leading employers and payers met Monday to discuss the evolving role of employers in health care at the first Walgreens Employer Health and Wellness Executive Client Forum.

The event features presentations from Walgreens executives on clinical outcomes data supporting the benefits of utilizing employer health programs beyond traditional services.

April 4, 2011

Walgreens this weekend reported that its customer email database, which is hosted by a third-party vendor, was accessed without permission.

DEERFIELD, Ill. — Walgreens this weekend reported that its customer email database, which is hosted by a third-party vendor, was accessed without permission.

The drug store chain, which uses vendor Epsilon to deploy its email promotional messages, said that law enforcement authorities were notified and are investigating the matter. The company also emphasized that email addresses were the only information obtained in this incident.

April 1, 2011

The news that CVS Caremark has named Helena Foulkes EVP and chief healthcare strategy and marketing officer undoubtedly is significant, as she will be responsible for integrating all the company's capabilities in branding, communications and healthcare-reform strategy to forge even stronger partnerships and further improve pharmacy care delivery. The responsibilities of this newly created position will be no small feat, indeed, but clearly those at 1 CVS Drive are more than confident in her abilities.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS Caremark has named Helena Foulkes EVP and chief healthcare strategy and marketing officer undoubtedly is significant, as she will be responsible for integrating all the company's capabilities in branding, communications and healthcare-reform strategy to forge even stronger partnerships and further improve pharmacy care delivery.

March 31, 2011

Expect to see Hershey products carrying a higher price tag.

HERSHEY, Pa. — Expect to see Hershey products carrying a higher price tag.

In an effort to offset input costs, the chocolate giant said it would implement a weighted average price increase of about 9.7% across its instant consumable, multipack, packaged candy and grocery lines.

March 30, 2011

Graphic Armor, in association with Kiss and Condomania, on Wednesday announced the release of Kiss Kondoms, FDA-approved "picture condoms" featuring a full color image on the latex.

NEW YORK — Graphic Armor, in association with Kiss and Condomania, on Wednesday announced the release of Kiss Kondoms, FDA-approved "picture condoms" featuring a full color image on the latex.

March 30, 2011

A specialty infusion pharmacy has joined the social media realm.

RALEIGH, N.C. — A specialty infusion pharmacy has joined the social media realm.

MedPro Rx's president, Nancy McFarlane, said that the company has launched a Facebook page, which will share MedPro Rx’s news, updates, blog posts and photos with its community. Additionally, the page will expand the company's online presence and customer service focus for clients, healthcare consumers, providers and third-party payers, McFarlane said.

March 29, 2011

Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

NEW YORK — Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

Sinegal earned the 22nd spot on the list. The magazine pointed out his busy travel schedule, which takes him to most of Costco’s 582 stores every year, as well as a recent trip to Asia from which he arrived in Issaquah, Wash., at 8 a.m., showered and was in the office at 9 a.m.

March 29, 2011

CVS Caremark has named Helena Foulkes, who is widely regarded as one of the most visionary marketers in modern drug store retailing, to the newly created position of EVP and chief healthcare strategy and marketing officer.

WOONSOCKET, R.I. — CVS Caremark has named Helena Foulkes, who is widely regarded as one of the most visionary marketers in modern drug store retailing, to the newly created position of EVP and chief healthcare strategy and marketing officer.

In the new role, Foulkes will bring together the company's capabilities in enterprise branding, communications, community relations, charitable giving, healthcare-reform strategy, government relations and marketing into one integrated organization in an effort to deliver even better business results and stronger partnerships.