Content about Final

April 27, 2012

The National Retail Federation on Thursday urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the technology.

WASHINGTON — The National Retail Federation on Thursday urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the technology.

April 27, 2012

Procter & Gamble on Friday announced a decrease in third-quarter profit, as sales rose 2%.

CINCINNATI — Procter & Gamble on Friday announced a decrease in third-quarter profit, as sales rose 2%.

Net sales during the quarter rose 2% to $20.2 billion. Organic sales rose 3%.

Net earnings totaled $2.41 billion, or 82 cents per diluted share, compared with $2.87 billion, or 96 cents per diluted share, in the year-ago period.

In the company’s beauty segment, net sales rose 1% to $4.8 billion on unit volume growth of 1%. Organic sales grew 2%. Net earnings rose 3% to $523 million.

April 27, 2012

Prestige Brands on Thursday reiterated its rebuke of a buyout offer from Mexican healthcare supplier Genomma Lab Internacional following Genomma's release of a proposal presentation.

IRVINGTON, N.Y. — Prestige Brands on Thursday reiterated its rebuke of a buyout offer from Mexican healthcare supplier Genomma Lab Internacional following Genomma's release of a proposal presentation.

April 27, 2012

Tennis pro Serena Williams will serve as spokeswoman around the launch of Sleep Sheets, a natural sleep aid designed to support a natural sleep cycle, parent company PureBrands announced Friday.

NEW YORK — Tennis pro Serena Williams will serve as spokeswoman around the launch of Sleep Sheets, a natural sleep aid designed to support a natural sleep cycle, parent company PureBrands announced Friday.

April 27, 2012

Since the development of the first smallpox vaccine in 1796, vaccines have saved countless lives around the world and helped to make such deadly scourges as smallpox and polio things of the past.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Since the development of the first smallpox vaccine in 1796, vaccines have saved countless lives around the world and helped to make such deadly scourges as smallpox and polio things of the past.

(THE NEWS: PhRMA report lists almost 300 vaccines under development. For the full story, click here.)

April 27, 2012

The news that Walmart now is offering cash payment options for online orders on its site in the United States is important for several reasons. Not only is Walmart the first major retailer to offer the service, but it also further illustrates that stores increasingly are just one slice of a larger, more connected consumer experience.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that Walmart now is offering cash payment options for online orders on its site in the United States is important for several reasons. Not only is Walmart the first major retailer to offer the service, but it also further illustrates that stores increasingly are just one slice of a larger, more connected consumer experience.

April 27, 2012

Weis Markets on Thursday announced it will invest $125 million in its 2012 growth program, a 25% increase compared with 2011.

SUNBURY, Pa. — Weis Markets on Thursday announced it will invest $125 million in its 2012 growth program, a 25% increase compared with 2011.

"Our budget includes two new stores and 18 major remodels," Weis Markets vice chairman Jonathan Weis said. "In addition, we expect to soon complete the purchase of three Genuardi's units near Philadelphia which we hope to reopen later this summer."

April 27, 2012

Walgreens announced that it is offering Arizona residents protection against whooping cough, also known as pertussis, at all of the drug store chain's points of care throughout the state.

DEERFIELD, Ill. — Walgreens announced that it is offering Arizona residents protection against whooping cough, also known as pertussis, at all of the drug store chain's points of care throughout the state.

April 26, 2012

AmerisourceBergen on Thursday reported revenue of $20.1 billion, up 1.6%, for its second quarter ended March 31.

VALLEY FORGE, Pa. — AmerisourceBergen on Thursday reported revenue of $20.1 billion, up 1.6%, for its second quarter ended March 31.

April 26, 2012

A line of ready-to-drink functional coffee blends now has three new flavors.

CHARLOTTE, N.C. — A line of ready-to-drink functional coffee blends now has three new flavors.

Bean & Body Coffee, which is available in select regions throughout the United States, now features vegan, horchata and coconut flavors. Offered in an 8-oz. can, each flavor is 100 calories or less and are all-natural, gluten-free and Kosher certified.

The new Bean & Body Coffee flavors will hit markets in early May.

April 26, 2012

Colgate-Palmolive announced a boost in North America net sales for the first quarter and a gain in its share of the toothpaste market, thanks in part to the launch of Colgate Optic White and Colgate Sensitive Pro-Relief toothpastes, the company said Thursday.

NEW YORK — Colgate-Palmolive announced a boost in North America net sales for the first quarter and a gain in its share of the toothpaste market, thanks in part to the launch of Colgate Optic White and Colgate Sensitive Pro-Relief toothpastes, the company said Thursday.

April 26, 2012

The Food and Drug Administration declined to approve a drug made by Takeda Pharmaceutical, the drug maker said.

DEERFIELD, Ill. — The Food and Drug Administration declined to approve a drug made by Takeda Pharmaceutical, the drug maker said.

Takeda announced that the FDA issued a complete response letter for its regulatory applications for the Type 2 diabetes drug alogliptin and a combination pill that includes alogliptin and pioglitazone, the active ingredient in the drug Actos.

April 26, 2012

Giant Eagle has opened an 83,000-sq.-ft., state-of-the-art supermarket in Cleveland.

CLEVELAND — Giant Eagle has opened an 83,000-sq.-ft., state-of-the-art supermarket in Cleveland.

April 26, 2012

Just Born has unveiled new package graphics for its Hot Tamales brand.

BETHLEHEM, Pa. — Just Born has unveiled new package graphics for its Hot Tamales brand.

Hot Tamales now touts a more modern, fiercer packaging design that underscore the heat sensation packed by the spicy cinnamon candy. The new graphics are available on all Hot Tamales cinnamon packages including the large theater box (8.3 oz.), large peg bag (8.3 oz.), small theater box (5.0 oz.), count goods bag (1.8 oz.), and 25 cents change maker (0.78 oz.).

April 26, 2012

Huggies once again is promoting its MomInspired grant program to encourage women to make their startup business dreams a reality.

DALLAS — Huggies once again is promoting its MomInspired grant program to encourage women to make their startup business dreams a reality.

Now in its third year, the grant program provides seed capital and resources to help fund women-owned business startups and new product innovations inspired by personal motherhood challenges and experiences. Now through July 31, women can apply to win $15,000. Up to 12 moms will be named as grant recipients this fall.

April 26, 2012

The National Association of Chain Drug Stores expressed its support for the legislative package that will serve as a starting point for the reauthorization of the Prescription Drug User Fee Act in a letter to the bipartisan leadership of the Senate Committee on Health, Education, Labor and Pensions.

ALEXANDRIA, Va. — The National Association of Chain Drug Stores expressed its support for the legislative package that will serve as a starting point for the reauthorization of the Prescription Drug User Fee Act in a letter to the bipartisan leadership of the Senate Committee on Health, Education, Labor and Pensions.

April 26, 2012

Drug makers in the United States are developing nearly 300 vaccines for preventing and treating diseases, according to a new report by a drug industry trade group.

WASHINGTON — Drug makers in the United States are developing nearly 300 vaccines for preventing and treating diseases, according to a new report by a drug industry trade group.

April 26, 2012

Pressman Toy is launching a line of games and puzzles based both on the first movie and the classic artwork of "The Smurfs."

NEW YORK — Pressman Toy is launching a line of games and puzzles based both on the first movie and the classic artwork of "The Smurfs."

The line includes a range of memory, action and board games, as well as floor size puzzles and puzzles in tins, all priced under $20, the company said. Additionally, Pressman Toy also will launch a line of new products inspired by Columbia Pictures'/Sony Pictures Animation's 3D release "The Smurfs 2," scheduled to be released next summer.

April 26, 2012

A recent Quest Diagnostics "Health Trends Report" released Wednesday found that more than 3-in-5 patients (63%) misused their prescription drugs.

MADISON, N.J. — A recent Quest Diagnostics "Health Trends Report" released Wednesday found that more than 3-in-5 patients (63%) misused their prescription drugs.

April 26, 2012

Beauty company Revlon announced on Thursday first-quarter sales results, which benefited from higher net sales of Revlon color cosmetics and Revlon ColorSilk hair color, as well as the inclusion of sales from SinfulColors.

NEW YORK — Beauty company Revlon announced on Thursday first-quarter sales results, which benefited from higher net sales of Revlon color cosmetics and Revlon ColorSilk hair color, as well as the inclusion of sales from SinfulColors.

April 26, 2012

Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

PLEASANTON, Calif. — Recent events, which have driven Wall Street analysts to speculate that Safeway is a buyout target, are not interrelated, Safeway chairman and CEO Steve Burd assured analysts Thursday morning during the grocer's first-quarter conference call.

April 26, 2012

Shadow Beverages and GNC on Thursday launched a ready-to-drink GNC beverage line now available across Arizona and Nevada store locations.

PHOENIX — Shadow Beverages and GNC on Thursday launched a ready-to-drink GNC beverage line now available across Arizona and Nevada store locations.

The new GNC line consists of 14 beverages featuring scientifically advanced nutrition across the sports nutrition, nutritional waters and protein nutrition categories. It includes "extreme performance" drinks designed for the experienced athlete and "active" beverages formulated to meet the hydration and metabolic needs of everyday fitness enthusiasts.
 

April 26, 2012

A Colorado-based company has introduced a combination vending machine-refrigerator, the company said Wednesday.

BOULDER, Colo. — A Colorado-based company has introduced a combination vending machine-refrigerator, the company said Wednesday.

ShelfX announced the availability of the Vending Fridge, which allows customers to download an app to their mobile device and use it to scan a QR code and purchase refrigerated products, such as drinks and food. Scanning the QR code prompts the app to download, allowing the customer to create an account and enter payment information; scanning the code again unlocks the fridge.

April 26, 2012

Canadian pharmacy retailer Shoppers Drug Mart announced on Thursday a boost in first-quarter sales and earnings, driven, in part, by gains at the front end.

TORONTO — Canadian pharmacy retailer Shoppers Drug Mart announced on Thursday a boost in first-quarter sales and earnings, driven, in part, by gains at the front end.

April 26, 2012

Patients with a rare, life-threatening genetic immune system disorder can receive treatment for sudden episodes more quickly and cost-effectively at home than if they go to the emergency room, according to a Walgreens Infusion Services study being presented Wednesday at the National Home Infusion Association Annual Conference and Exposition here.

PHOENIX — Patients with a rare, life-threatening genetic immune system disorder can receive treatment for sudden episodes more quickly and cost-effectively at home than if they go to the emergency room, according to a Walgreens Infusion Services study being presented Wednesday at the National Home Infusion Association Annual Conference and Exposition here.