Content about Exclusive News Alert

November 6, 2013

The Vitamin Shoppe is making significant investments into omnichannel retailing, CEO and director Anthony Truesdale told analysts during a conference call on Tuesday.

NORTH BERGEN, N.J. — The Vitamin Shoppe is making significant investments into omnichannel retailing, CEO and director Anthony Truesdale told analysts during a conference call on Tuesday. 

October 24, 2013

Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday.

NEW YORK — Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday. 

Shares of Safeway were up slightly by 15 cents to $35.73 in early morning trading.

Responding to a Reuters report on private equity firm Cerberus' interest in the supermarket chain, Credit Suisse research analyst Ed Kelly suggested that a Cerberus-Safeway deal would be compelling for the following reasons: 

October 23, 2013

Reckitt Benckiser has realized a greater value out of its 1-year-old acquisition of Schiff, which moved the consumer product goods conglomerate into the dietary supplement arena, and expects to push that VMS business to greater heights in the coming year, Rakesh Kapoor, Reckitt Benckiser CEO and executive director told analysts during a conference call Tuesday.

SLOUGH, England — Reckitt Benckiser has realized a greater value out of its 1-year-old acquisition of Schiff, which moved the consumer product goods conglomerate into the dietary supplement arena, and expects to push that VMS business to greater heights in the coming year, Rakesh Kapoor, Reckitt Benckiser CEO and executive director told analysts during a conference call Tuesday. 

October 15, 2013

The National Community Pharmacists Association Tuesday morning spelled out its public policy agenda — including the push to get H.R. 3204, The Drug Quality and Security Act, enacted — and expressed optimism for the future of community pharmacy during a media briefing held in conjunction with NCPA’s 115th Annual Convention and Trade Exposition in Orlando, Fla.

ORLANDO, Fla. — The National Community Pharmacists Association Tuesday morning spelled out its public policy agenda — including the push to get H.R. 3204, The Drug Quality and Security Act, enacted — and expressed optimism for the future of community pharmacy during a media briefing held in conjunction with NCPA’s 115th Annual Convention and Trade Exposition here. 

October 14, 2013

Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, according to an internal memo from company president and COO Mike Bloom.

MATTHEWS, N.C. — Jason Reiser has been elevated to the role of SVP/lead merchandising officer at Family Dollar, Drug Store News has learned. "In this role, Jason will have executive responsibility for leading cohesive merchandising strategy and execution," noted company president and COO Mike Bloom. "Jason has already made a positive impact since joining Family Dollar in July.

October 11, 2013

Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada.

PLEASANTON, Calif. — Safeway on Thursday evening may have posted what analysts have described as disappointing earnings, but that's not stopping Wall Street from recognizing the value Safeway is unlocking with its exit from a pair of markets — Chicago and Canada. After closing at $31.57 Thursday, Safeway's stock was selling at more than $2 higher early Friday afternoon, and at least one analyst has targeted $40 as the potential inherent in Safeway stock. 

October 1, 2013

In its quest to own health and daily living, Walgreens achieved several key milestones since the beginning of fiscal 2013.

DEERFIELD, Ill. — In its quest to own health and daily living, Walgreens achieved several key milestones since the beginning of fiscal 2013.

October 1, 2013

Walgreens posted a sales gain of 0.8% for the fiscal year ended Aug. 31, reaching a record $72.2 billion and filling a record 821 million prescriptions.

DEERFIELD, Ill. — Walgreens posted a sales gain of 0.8% for the fiscal year ended Aug. 31, reaching a record $72.2 billion and filling a record 821 million prescriptions. That volume of prescriptions filled helped Walgreens boost its retail pharmacy market share for the fiscal year to 19.1%. 

Early morning trading boosted Walgreens' share price from a close of $53.80 on Monday to $56.06, an increase of 4.2%.

September 30, 2013

Pharmacy veteran Chris Dimos has joined McKesson as SVP corporate strategy and business development, reporting to Brian Tyler, McKesson EVP corporate strategy and business development, DSN has learned.

SAN FRANCISCO — Pharmacy veteran Chris Dimos has joined McKesson as SVP corporate strategy and business development, reporting to Brian Tyler, McKesson EVP corporate strategy and business development, DSN has learned. Also joining McKesson is Melanie Nallicheri as SVP McKesson Distribution Solutions. Nallicheri will similarly report to Tyler. 

September 23, 2013

St. Joseph Health Products was honored with "Best New Product" distinction here by retailers attending the ECRM Health Care EPPS.

 PALM BEACH GARDENS, Fla. — St. Joseph Health Products was honored with "Best New Product" distinction here by retailers attending the ECRM Health Care EPPS. 

The new product is St. Joseph Rapid Dissolving Melts low-dose aspirin, a new delivery format that will hold appeal among pill-phobic seniors looking to take a low-dose aspirin daily for heart health. 

September 17, 2013

As the city of Boulder, Colo., continues to clean up from last weekend's record-setting rainfall and subsequent flooding, pharmacists and employees of Pharmaca Integrative Pharmacy made it into work to maintain continuity of prescription medicines for area residents.

BOULDER, Colo. — As the city of Boulder, Colo., continues to clean up from last weekend's record-setting rainfall and subsequent flooding, pharmacists and employees of Pharmaca Integrative Pharmacy based here made it into work to maintain continuity of prescription medicines for area residents. 

A total of 14.62 inches of rain fell from the afternoon of Sept. 9 through Sept. 13 in Colorado. Boulder was one of the hardest areas hit by the storm. 

September 10, 2013

Following a presentation from Nielsen's SVP consumer and shopper insights Todd Hale on Monday, Nielsen hosted a panel of six executives — three retailers, two suppliers and Stuart Taylor of Nielsen — to discuss a new hierarchy Nielsen has applied to general merchandise items to bring clarity to a number of front-end categories.

PHOENIX — Following a presentation from Nielsen's SVP consumer and shopper insights Todd Hale on Monday, Nielsen hosted a panel of six executives — three retailers, two suppliers and Stuart Taylor of Nielsen — to discuss a new hierarchy Nielsen has applied to general merchandise items to bring clarity to a number of front-end categories. 

September 5, 2013

The National Community Pharmacists Association recently put out a call for pharmacists to participate in an Oct. 3 "Tweet-a-Thon: Pharmacists Helping Patients."

WASHINGTON — The National Community Pharmacists Association recently put out a call for pharmacists to participate in an Oct. 3 "Tweet-a-Thon: Pharmacists Helping Patients."

"Please join pharmacists around the world for a day of celebrating their contributions to health care and our communities," the association stated. "Every day, pharmacists quietly and efficiently help patients in many ways and in many diverse practice settings. For one day, the world will hear about it on Twitter."

September 4, 2013

Church & Dwight is on the hunt for its next acquisition, after having successfully integrated its gummy vitamin line from Avid Health, chairman and CEO James Craigie told analysts at the 2013 Barclays Back-to-School Consumer Conference held on Tuesday.

BOSTON — Church & Dwight is on the hunt for its next acquisition, after having successfully integrated its gummy vitamin line from Avid Health, chairman and CEO James Craigie told analysts at the 2013 Barclays Back-to-School Consumer Conference held here Tuesday. 

And C&D may be as few as three years away from fielding an OTC product in a gummy format. 

September 3, 2013

Duane Reade in late August surpassed 1 million Twitter followers, and will be celebrating the accomplishment at its 40 Wall St. location on Tuesday during an invitation-only event.

NEW YORK — Duane Reade in late August surpassed 1 million Twitter followers, and will be celebrating the accomplishment at its 40 Wall St. location on Tuesday during an invitation-only event.  

That makes Duane Reade by far the most-followed retailer on Twitter in the food, drug and mass arena. Duane Reade has garnered five times more Twitter followers than its parent company Walgreens (180,390 followers), the second-most followed drug store retailer. CVS/pharmacy, No. 3, is followed by 117,931 Twitterers. 

August 29, 2013

Pharmacy and hardware/auto were two significant contributing factors behind Fred's Super Dollar second-quarter sales increase of 2%, the company reported.

MEMPHIS, Tenn. — Pharmacy and hardware/auto were two significant contributing factors behind Fred's Super Dollar second-quarter sales increase of 2%, the company reported. "[We] were pleased with the progress of the first phase of our reconfiguration plan as the penetration of stores with pharmacies increased from 50% to 52%, and we experienced strong comparable sales performance in our expanded Hometown Auto & Hardware departments," Fred's CEO Bruce Efird stated. 

August 12, 2013

What is your 20-mile march? That was one question that author and business consultant Jim Collins had for attendees during Sunday morning’s Business Program.

What is your 20-mile march? That was one question that author and business consultant Jim Collins had for attendees during Sunday morning’s Business Program.

Collins, who has authored or co-authored six books, is a student and teacher of enduring great companies — how they grow, how they attain superior performance and how good companies can become great companies.

August 12, 2013

Enthusiasm rang high during Sunday morning’s Business Program as both NACDS chairman Bob Narveson and NACDS president and CEO Steve Anderson welcomed attendees to the first NACDS Total 
Store Expo.

Enthusiasm rang high during Sunday morning’s Business Program as both NACDS chairman Bob Narveson and NACDS president and CEO Steve Anderson welcomed attendees to the first NACDS Total 
Store Expo.

“What a great honor it is to be the first chairman to say these words: ‘Welcome to the NACDS Total Store Expo,’” said Narveson, who also is president and CEO of Thrifty 
White Pharmacy.

August 5, 2013

Church & Dwight is ready to make a significant investment behind its gummy line of vitamins, Jim Craigie, C&D executive chairman, CEO and interim president, told analysts.

EWING, N.J. — Church & Dwight is ready to make a significant investment behind its gummy line of vitamins, Jim Craigie, C&D executive chairman, CEO and interim president, told analysts Friday. "We'll increase in-store sampling by over 60% versus last year," he said, noting there is a significant growth opportunity within what is already a fast-growing category.  

August 1, 2013

As pharmacy organizations tout the pharmacist as the face of neighborhood health care, one retailer is encouraging its own pharmacists to be more proactive.

NEW YORK — As pharmacy organizations tout the pharmacist as the face of neighborhood health care, one retailer is encouraging its own pharmacists to be more proactive.

Ahold USA has launched ACT! in an effort to get its pharmacists to build closer relationships with their patients. ACT! stands for "Acknowledge," "Coach" and "Thank." Ahold USA owns the Stop & Shop, Giant Food of Landover, Md., and Giant Food Stores of Carlisle, Pa., chains in the Northeast.

August 1, 2013

Cardinal Health is significantly bullish heading into fiscal 2014. And for good reason. Not only does the graying of the baby boomers continue to represent a strong tailwind, but there are five other factors that will help fill those sails as well, George Barrett, Cardinal chairman and CEO, told investors Thursday morning.

DUBLIN, Ohio — Cardinal Health is significantly bullish heading into fiscal 2014. And for good reason. Not only does the graying of the baby boomers continue to represent a strong tailwind, but there are five other factors that will help fill those sails as well, George Barrett, Cardinal chairman and CEO, told investors Thursday morning. 

July 30, 2013

Nutrisystem feels it has a role to play in helping Americans meet their health-and-wellness goals, the company's chief executive shared with analysts on Tuesday.

FORT WASHINGTON, Pa. — Nutrisystem feels it has a role to play in helping Americans meet their health-and-wellness goals, the company's chief executive shared with analysts on Tuesday. And that role may play out in retail. 

July 29, 2013

Reckitt Benckiser will be launching a product for nighttime cold and flu relief in both liquid and tablet form, the company's CEO told investors Monday morning.

SLOUGH, England — Reckitt Benckiser will be launching a product for nighttime cold and flu relief in both liquid and tablet form, the company's CEO told investors Monday morning. 

July 18, 2013

Supervalu on Thursday reported first quarter fiscal 2014 net sales of $5.2 billion, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share.

MINNEAPOLIS — Supervalu on Thursday reported first quarter fiscal 2014 net sales of $5.2 billion, down 1.5%, and net earnings of $85 million, or $0.34 per diluted share. The decrease in net sales primarily reflects a decline in identical store sales of negative 3% percent for retail food and negative 1.9% for Save-A-Lot. Identical store sales for corporately operated stores within the Save-A-Lot network were negative 1.2%.

July 17, 2013

Johnson & Johnson will be making a strong comeback across its portfolio of McNeil Consumer Healthcare recalled OTC products in the fourth quarter of this year.

NEW BRUNSWICK, N.J. — Johnson & Johnson will be making a strong comeback across its portfolio of McNeil Consumer Healthcare recalled OTC products in the fourth quarter of this year. And with a J&J pledge to partner with key retail partners "on strategic relationships that are rebuilding our relationships and supporting their health and wellness strategies," this fourth quarter will likely be more promotional all around.