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February 1, 2012

As part of DSN's Executive Retailer Viewpoint series, DSN sat down with Jason Reiser, VP health and wellness, ops/compliance at Sam's Club, at DSN's Industry Issues Summit to discuss how to better engage customers and the impact of the economy on business in 2012.

As part of DSN's Executive Retailer Viewpoint series, DSN sat down with Jason Reiser, VP health and wellness, ops/compliance at Sam's Club, at DSN's Industry Issues Summit to discuss how to better engage customers and the impact of the economy on business in 2012.

January 18, 2012

In an effort to tap into the minds of some of the industry's top executives, Drug Store News recently sat down and talked with some of these leaders in a multipart executive viewpoint video series.

In an effort to tap into the minds of some of the industry's top executives, Drug Store News recently sat down and talked with some of these leaders in a multipart executive viewpoint video series.

This powerful series, sponsored by Pfizer, is comprised of five different on-camera executive interviews that are a must see for anyone working within the retail pharmacy industry.

May 16, 2013

Walmart Stores reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales.

Bentonville, Ark. — Walmart Stores on Thursday reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales. The retailer also scaled back its earnings expectations for the current three-month period.

Walmart’s net income rose 1.1% to $3.8 billion. Revenue edged up 1%, to $113.4 billion.

May 16, 2013

Walmart opened a new small-format store on the campus of Arizona State University as part of a pilot program, the mass merchandise retailer said.

TEMPE, Ariz. — Walmart opened a new small-format store on the campus of Arizona State University as part of a pilot program, the mass merchandise retailer said.

The company opened the 5,000-sq. ft. store in the Vista del Sol plaza at the university. The store includes health and wellness services, a pharmacy, convenient shopping services, convenience items and merchandise tailored to the campus. The Walmart on Campus store is the second in the country, the first having opened at the University of Arkansas in Fayetteville in January 2011.

May 6, 2013

The Food and Drug Administration has approved a new drug made by Merck for treating high cholesterol, the drug maker said.

WHITEHOUSE STATION, N.J. — The Food and Drug Administration has approved a new drug made by Merck for treating high cholesterol, the drug maker said.

Merck announced the approval of Liptruzet (ezetimibe and atorvastatin). The drug combines two preexisting cholesterol drugs: ezetimibe, which Merck markets under the brand name Zetia, and atorvastatin, which Pfizer markets under the name Lipitor. Both drugs are available as generics, but because Liptruzet is a novel combination of them, it required FDA approval as a new drug.

April 21, 2013

Walmart last fall partnered with HumanaVitality on the Vitality Healthy Food program, where members earn Vitality Points for getting active, losing weight and eating healthier.

Walmart last fall partnered with HumanaVitality on the Vitality Healthy Food program, where members earn Vitality Points for getting active, losing weight and eating healthier. Those Vitality Points can be redeemed on more than 600,000 rewards, including movie tickets and merchandise.

As part of that, HumanaVitality members have been given a card that collects 5% in savings for select products featuring Walmart's "Great for You" icon. The savings can be applied to a future Walmart visit.

April 18, 2013

Burgeoning manufacturing company Accelerated Manufacturing Solutions is anticipating an exciting year ahead as it celebrates two key achievements: the launch of its new brand of soft cosmetic bags and travel cases, which has already gained distribution at Walmart, and being awarded the Women’s Business Enterprise National Council certification for woman-owned businesses.

DALLAS — Burgeoning manufacturing company Accelerated Manufacturing Solutions is anticipating an exciting year ahead as it celebrates two key achievements: the launch of its new brand of soft cosmetic bags and travel cases, which has already gained distribution at Walmart, and being awarded the Women’s Business Enterprise National Council certification for woman-owned businesses.

April 10, 2013

A national campaign launched by heath and environmental groups is targeting 10 major retailers to encourage them to remove from their shelves products that contain potentially hazardous materials.

NEW YORK — A national campaign launched by heath and environmental groups is targeting 10 major retailers to encourage them to remove from their shelves products that contain potentially hazardous materials.

April 2, 2013

Walmart has given Fujifilm North America its "Vendor of the Year" award for its photo-finishing services in the mass-merchandise retailer's stores, Fujifilm said.

VALHALLA, N.Y. — Walmart has given Fujifilm North America its "Vendor of the Year" award for its photo-finishing services in the mass-merchandise retailer's stores, Fujifilm said.

The company, a division of Japan-based Fujifilm, said it received the award in the photo-finishing category at Walmart's Supplier Summit in Orlando, Fla., last month. Fujifilm said the award recognized its manufacturing, quality and distribution capabilities.

April 1, 2013

Walmart customers will enjoy a cool reason to shop at the mass merchandise company this summer as Mini Melts ice cream automated kiosks rollout nationwide.

PHILADELPHIA — Walmart customers will enjoy a cool reason to shop at the mass merchandise company this summer as Mini Melts ice cream automated kiosks rollout nationwide.

"We are grateful for the opportunity to serve Walmart customers throughout the United States, by not only providing a premium ice cream product, but by doing so consistently with Walmart's low-price philosophy," said Dan Kilcoyne, president of Mini Melts USA.

March 29, 2013

Walmart and Target are ramping up offerings of private-label products directed at multicultural and health-conscious consumers, according to a new study.

ROCKVILLE, Md. — Walmart and Target are ramping up offerings of private-label products directed at multicultural and health-conscious consumers, according to a new study.

The findings were part of a study by market research firm Packaged Facts on mass merchandisers, "The Supercenter Grocery Shopper: U.S. Consumer Patterns at Walmart, Target, Meijer and Fred Meyer." The report noted that mass merchandisers in recent years have marketed private-label food and beverage products that rival those of national brands in price, value and quality.

March 21, 2013

Late last year, Walmart rolled out the pilot program for a new mobile initiative called "Scan & Go" to 70 stores in the Atlanta and Bentonville, Ark. areas, where the company is based. Now, the mass merchandise retailer is expanding the program after a successful test run.

BENTONVILLE, Ark. — Late last year, Walmart rolled out the pilot program for a new mobile initiative called "Scan & Go" to 70 stores in the Atlanta and Bentonville, Ark. areas, where the company is based. Now, the mass merchandise retailer is expanding the program after a successful test run.

March 8, 2013

Empowering Women Together, an online destination on Walmart.com, gives shoppers who want to buy unique and interesting products the opportunity to do so while supporting small women-owned businesses around the world, the retailer announced.

BENTONVILLE, Ark. — Empowering Women Together, an online destination on Walmart.com, gives shoppers who want to buy unique and interesting products the opportunity to do so while supporting small women-owned businesses around the world, the retailer announced. At launch, Empowering Women Together will offer shoppers more than 200 items from 19 businesses in nine countries.

February 21, 2013

Walmart saw a slight 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced.

BENTONVILLE, Ark. — Walmart saw a diminutive 1% increase in same-store sales at U.S. stores, but beat analyst estimates and delivered better-than-expected fourth-quarter profits, the company announced Thursday.

Walmart said total sales increased 3.9% to $127.1 billion compared to $122.3 billion last year. Without the benefit of a favorable currency exchange situation, sales would have increased a lesser 3.7% to $126.8 billion. Full year sales increased by 5% to $466.1 billion compared to last year’s total of $443.8.

February 19, 2013

The Food and Drug Administration has granted priority review to an experimental drug made by ViiV Healthcare for HIV, the company, a joint venture between British drug maker GlaxoSmithKline and American drug maker Pfizer, announced.

LONDON — The Food and Drug Administration has granted priority review to an experimental drug made by ViiV Healthcare for HIV, the company, a joint venture between British drug maker GlaxoSmithKline and American drug maker Pfizer, announced.

The FDA gave the designation to dolutegravir, designed for use in combination with other antiretrovirual drugs in adults and adolescents. The agency gives priority review to drugs that offer significant improvement compared with products already on the market.

January 28, 2013

Johnson & Johnson is shopping its women's health unit, according to a report Friday in The Wall Street Journal, which suggested that the business no longer coincided with J&J's "growth priorities."

NEW YORK — Johnson & Johnson is shopping its women's health unit, according to a report Friday in The Wall Street Journal, which suggested that the business no longer coincided with J&J's "growth priorities." 

The brands managed by the unit include intimacy health KY and women's personal care brands, o.b. tampons and Stayfree and Carefree pads. 

January 25, 2013

Walmart recently announced that it would source $50 billion of the products sold in its stores in the United States over the next 10 years, according to a report in USA Today.

"Be American; buy American" has long been a slogan that makes buying U.S.-made goods sound nothing less than patriotic because it helps create American jobs, much like CVS' initiatives to create jobs for veterans, and the recent Made-in-USA fervor around the country has more than demonstrated that. But there are practical reasons for sourcing domestically as well, making it high time for retailers to start looking into putting more products with the "Made in USA" label on their shelves.

Walmart recently announced that it would source $50 billion of the products sold in its stores in the United States over the next 10 years, according to a report in USA Today.

January 22, 2013

More than 80% of Americans are willing to pay more for Made in the USA products, according to a USA Today report published online late Monday night.

TYSONS CORNER, Va. — More than 80% of Americans are willing to pay more for Made in the USA products, according to a USA Today report published online late Monday night. 

Out of those shoppers actively seeking to buy all things American, 93% reported that they wanted to keep jobs in the U.S. as their primary reason for doing so, the report noted, citing a survey released in November by Boston Consulting Group.

January 15, 2013

It’s official. Actress Drew Barrymore — through a collaboration with Maesa, a creator and manufacturer of beauty products — is launching her new Flower cosmetics line in Walmart.

NEW YORK — It’s official. Actress Drew Barrymore — through a collaboration with Maesa, a creator and manufacturer of beauty products — is launching her new Flower cosmetics line in Walmart.

January 10, 2013

More than a dozen executives in Walmart’s merchandising organization, including several with key healthcare responsibilities, will begin the new fiscal year with different responsibilities following a restructuring.

BENTONVILLE, Ark. — More than a dozen executives in Walmart’s merchandising organization, including several with key healthcare responsibilities, will begin the new fiscal year with different responsibilities following a restructuring announced on Thursday.

An internal announcement from Duncan Mac Naughton, Walmart’s chief merchandising and marketing officer detailed the moves involving executives with responsibilities for food, consumables, health and wellness, general merchandise, merchandise execution and private label.

January 10, 2013

Walmart and Sam's Club are introducing a new contact lens program for 2013, the retailers said Thursday.

BENTONVILLE, Ark. — Walmart and Sam's Club are introducing a new contact lens program for 2013, the retailers said Thursday.

The new program will allow customers to visit Walmart's or Sam's Club's website or call a toll-free number to place contact lens orders and have them delivered to their homes, with free shipping available for orders of more than $50. In addition, the two are offering low prices for certain Acuvue, Air Optix and Biofinity lenses, while Walmart is planning to launch its private-label Equate brand in February.

January 2, 2013

Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%.

NEW YORK — Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%. 

December 20, 2012

Karen Roberts was named EVP and general counsel for Wal-Mart Stores on Thursday amid the retailer’s ongoing investigation in possible violations of the U.S. Foreign Corrupt Practices Act.

BENTONVILLE, Ark. — Karen Roberts was named EVP and general counsel for Wal-Mart Stores on Thursday amid the retailer’s ongoing investigation in possible violations of the U.S. Foreign Corrupt Practices Act.

Roberts, 42, is a 17-year Walmart veteran who most recently served as EVP and president of Walmart Realty for Walmart U.S. However, prior to that, she held the position of SVP and chief compliance officer for Walmart U.S. where she oversaw the establishment of food and product safety programs and a recycling program.

December 10, 2012

With the holiday season now underway, Walmart has started announcing the winners of its second annual "12 Days of Giving" campaign.

BENTONVILLE, Ark. — With the holiday season now underway, Walmart has started announcing the winners of its second annual "12 Days of Giving" campaign.

On Dec. 10, its first day of giving, Walmart awarded $100,000 to 10 nonprofits for their work to feed hungry children in local communities. The gift is part of the more than $1.5 million that Walmart will give away to 140 grant recipients in all 50 states and Washington, D.C. over the next 12 days.

December 3, 2012

Johnson & Johnson has announced that Alex Gorsky will assume, effective Dec. 28, the chairman title and additional leadership responsibilities for the global health care company.

NEW BRUNSWICK, N.J. — Johnson & Johnson has announced that Alex Gorsky will assume, effective Dec. 28, the chairman title and additional leadership responsibilities for the global health care company. 

Gorsky was appointed CEO of Johnson & Johnson in April 2012. Current chairman Bill Weldon will step down on Dec. 28 and plans to retire in the first quarter of 2013, after a brief transitional period.