Content about Economy of the United States

November 2, 2011

Walmart is offering customers an early, exclusive preview of its Black Friday specials.

BENTONVILLE, Ark. — Walmart is offering customers an early, exclusive preview of its Black Friday specials.

Customers that sign up at Walmart.com for Walmart's Facebook page will be able to view top assortments across a variety of categories. Walmart also will hold an early holiday sale beginning Nov. 5.

Walmart recently announced it was bringing back its Christmas layaway program.

October 31, 2011

Procter & Gamble on Monday announced its third year of being an official sponsor of the National Football League in support of its Gillette, Head & Shoulders, Prilosec OTC and Vicks brands.

CINCINNATI — Procter & Gamble on Monday announced its third year of being an official sponsor of the National Football League in support of its Gillette, Head & Shoulders, Prilosec OTC and Vicks brands.

October 31, 2011

With the holiday season just around the corner, Sears Holdings is aiming to make shopping more rewarding by offering five times the Shop Your Way Rewards points — equal to 5% back — on all qualifying purchases.

HOFFMAN ESTATES, Ill. — With the holiday season just around the corner, Sears Holdings is aiming to make shopping more rewarding by offering five times the Shop Your Way Rewards points — equal to 5% back — on all qualifying purchases.

The offer, which is available to all Sears credit cardholders who also are Shop Your Way Rewards members, begins immediately at both Sears and Kmart stores, and will continue year-round at Kmart. Sears is providing the offer until Jan. 28, 2012.

October 28, 2011

Icagen officially is a wholly owned subsidiary of Pfizer.

NEW YORK — Icagen officially is a wholly owned subsidiary of Pfizer.

As part of the transaction, which first was announced in July, Icagen now will be part of Pfizer’s worldwide research and development organization and also will be integrated into Neusentis, Pfizer’s pain, sensory disorders and regenerative medicine research unit.

The aggregate transaction value, which includes the value of the shares that already were owned by Pfizer, was about $56 million.

October 27, 2011

If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

BOSTON — If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

October 27, 2011

Publix has partnered with Adheris, an inVentiv Health company, to provide medication education and adherence programs to Publix pharmacy customers.

BURLINGTON, Mass. — Publix has partnered with Adheris, an inVentiv Health company, to provide medication education and adherence programs to Publix pharmacy customers.

October 25, 2011

Coca-Cola's classic red cans are getting a new look to reflect the brand's partnership with the World Wildlife Fund.

ATLANTA — Coca-Cola's classic red cans are getting a new look to reflect the brand's partnership with the World Wildlife Fund.

October 25, 2011

Costco Wholesale's donations to a Washington state voter initiative that would legalize liquor sales by private retailers have broken state records, according to published reports.

ISSAQUAH, Wash. — Costco Wholesale's donations to a Washington state voter initiative that would legalize liquor sales by private retailers have broken state records, according to published reports.

October 24, 2011

CVS has named Judy Sansone SVP merchandising and has expanded the roles of chief marketing officer Rob Price and EVP internal operations, real estate and supply chain Scott Baker, the company announced Monday.

WOONSOCKET, R.I. — Less than a month following the departure of former EVP merchandising and supply chain Mike Bloom to lead Family Dollar, it's official — Judy Strauss Sansone will lead CVS’ merchandising team, the company announced Monday, naming the 30-year CVS veteran SVP merchandising.

October 24, 2011

Walmart announced that it is helping ensure customers pay the lowest price on holiday gifts with the launch of its Christmas price guarantee.

BENTONVILLE, Ark. — Walmart announced that it is helping ensure customers pay the lowest price on holiday gifts with the launch of its Christmas price guarantee.

Customers who purchase eligible product at Walmart anytime between Nov. 1 and Dec. 25, and then find those same products advertised for less at another store, will receive a Walmart gift card for the difference through Dec. 25.

October 21, 2011

Former chairman, president and CEO of Procter & Gamble A.G. Lafley has joined Legendary Entertainment’s board of directors.

BURBANK, Calif. — Former chairman, president and CEO of Procter & Gamble A.G. Lafley has joined Legendary Entertainment’s board of directors.

Lafley joins a board comprising Legendary's chairman and CEO Thomas Tull, as well as Jim Breyer, Larry Clark, Dick Cook and Joe Roth.

Legendary Entertainment is a media company with film (Legendary Pictures), television (Legendary Television) and comics (Legendary Comics) divisions.

October 19, 2011

Coty’s Rimmel London brand is gearing up for spring with an array of new makeup for eyes and face.

SUPPLIER NEWS — Coty’s Rimmel London brand is gearing up for spring with an array of new makeup for eyes and face. New products include Volume Flash ScandalEyes mascara ($6.99), Glam’Eyes HD eye shadow ($5.99), Match Perfection 3 Tone blush ($4.97 at Walmart) and Exaggerate eyeliner ($6).


October 17, 2011

In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

WOONSOCKET, R.I. — In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

October 14, 2011

Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

BOSTON — Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

October 14, 2011

The news that CVS Caremark has partnered with the Hispanic Heritage Foundation to inspire and prepare young Latinos to join the healthcare field is not only positive in its own right but is especially important when you look at the fact that the nation’s Hispanic population is growing four times faster than the total U.S. population.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS Caremark has partnered with the Hispanic Heritage Foundation to inspire and prepare young Latinos to join the healthcare field is not only positive in its own right but is especially important when you look at the fact that the nation’s Hispanic population is growing four times faster than the total U.S. population.

October 14, 2011

Procter & Gamble Professional, the away-from-home division of P&G, on Thursday announced a partnership with Firehouse Subs in support of national Fire Safety month.

CINCINNATI — Procter & Gamble Professional, the away-from-home division of P&G, on Thursday announced a partnership with Firehouse Subs in support of national Fire Safety month.

October 13, 2011

Two years of declining same-store sales at Walmart are poised to end next month when the retailer reports third-quarter results that reflect positive momentum from a wide range of initiatives put in place during the past 12 months, judging from comments made by senior executives during an all-day meeting with analysts on Wednesday.

BENTONVILLE, Ark. — Two years of declining same-store sales at Walmart are poised to end next month when the retailer reports third-quarter results that reflect positive momentum from a wide range of initiatives put in place during the past 12 months, judging from comments made by senior executives during an all-day meeting with analysts on Wednesday.

October 12, 2011

The Network of Executive Women has elected five new members at large to its board of directors.

CHICAGO — The Network of Executive Women has elected five new members at large to its board of directors.

New board members are Mike Byron, president of supplier diversity for Supervalu; Sarah Chartrand, SVP diversity, talent management and organizational development for Ahold USA; Marnette Perry, SVP Kroger; Suzanne Sears, VP global market development at Kimberly-Clark; and Karen Stuckey, SVP merchandising and general merchandise manager of the home division for Walmart Stores.

October 11, 2011

Unwind from the grind. That’s the tagline iChill Beverages is using to compel consumers to pick up its iChill relaxation shot, the yin to 5-Hour Energy’s yang.


IRVING, Texas — Unwind from the grind. That’s the tagline iChill Beverages is using to compel consumers to pick up its iChill relaxation shot, the yin to 5-Hour Energy’s yang.


If sales of 5-Hour Energy, or any energy shot for that matter, are any indicator, sales executives at iChill Beverages won’t be “chillaxing” anytime soon. Across the single-shot category, sales are up 37.7% to $189.7 million, according to SymphonyIRI Group across food, drug and mass (excluding Walmart) for the 52 weeks ended Aug. 7.

October 11, 2011

As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


October 11, 2011

CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.


“I’m passing [the company over] to a great leader, one whom I respect and who knows this business. Larry will take this company to great heights,” Ryan told shareholders in May.


October 11, 2011

CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


Since opening its doors in 2000, MinuteClinic has surpassed 10 million patient visits and remains on course to add about 100 clinics annually over the next five years — putting the clinic operator in an ideal position to play an important role in the U.S. healthcare system.


October 11, 2011

At press time, the industry was weighing the potential merger of pharmacy benefit manager rivals Express Scripts and Medco Health Solutions, but executives at CVS Caremark remain more confident than ever that its PBM business is ideally positioned to “effectively compete."


At press time, the industry was weighing the potential merger of pharmacy benefit manager rivals Express Scripts and Medco Health Solutions, but executives at CVS Caremark remain more confident than ever that its PBM business is ideally positioned to “effectively compete,” regardless of what federal trade regulators decide for ESI-Medco. And there’s good reason why.


October 11, 2011

The retirement of Katz Group Canada CEO Andy Giancamilli come February will mark the rise of pharmacy veteran Frank Scorpiniti, who will take the helm of the Canadian retailer.


MISSISSAUGA, Ontario — The retirement of Katz Group Canada CEO Andy Giancamilli come February will mark the rise of pharmacy veteran Frank Scorpiniti, who will take the helm of the Canadian retailer.


Scorpiniti joined Katz Group Canada in April 2011 as COO. Long regarded as one of the bright young executives in retail pharmacy, Scorpiniti now will get a chance to lead a progressive Canadian pharmacy chain, with a hot new Rexall Healthy Living concept, a national presence under Rexall and a slew of innovative programs like the employer-based Rexall Network program.


October 11, 2011

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.