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April 11, 2014

L'Oréal Paris has added celebrity hair colorist Kari Hill to its roster of experts, the beauty brand announced on Friday.

NEW YORK — L'Oréal Paris has added celebrity hair colorist Kari Hill to its roster of experts, the beauty brand announced on Friday.

April 11, 2014

Now available online, the Drug Enforcement Administration National Prescription Drug Take-Back Day collection site locator allows consumers to search for a nearby location to dispose of unneeded medications on Saturday, April 26, 2014, the National Association of Boards of Pharmacy announced Wednesday.

MOUNT PROSPECT, Ill. — Now available online, the Drug Enforcement Administration National Prescription Drug Take-Back Day collection site locator allows consumers to search for a nearby location to dispose of unneeded medications on Saturday, April 26, 2014, the National Association of Boards of Pharmacy announced Wednesday. On April 26, from 10 a.m.

April 11, 2014

Mylan on Friday confirmed that a federal district court has granted its request to enforce a settlement agreement between Endo Pharmaceuticals and Mylan settling patent litigation in connection with Mylan's filing of an abbreviated new drug application with the Food and Drug Administration for frovatriptan succinate tablets, 2.5 mg.

PITTSBURGH — Mylan on Friday confirmed that a federal district court has granted its request to enforce a settlement agreement between Endo Pharmaceuticals and Mylan settling patent litigation in connection with Mylan's filing of an abbreviated new drug application with the Food and Drug Administration for frovatriptan succinate tablets, 2.5 mg. This product is the generic version of Frova, which is used to treat acute migraine headaches in adults. 

April 11, 2014

NCPDP, the not-for-profit pharmacy standards development organization, on Wednesday announced the availability of a patient safety white paper that provides specific industry guidance for standardizing the dosing designations and labeling of oral liquid medications.

SCOTTSDALE, Ariz. — NCPDP, the not-for-profit pharmacy standards development organization, on Wednesday announced the availability of a patient safety white paper that provides specific industry guidance for standardizing the dosing designations and labeling of oral liquid medications. 

April 11, 2014

The creator of Merlot Skin Care and First Crush has unveiled a new skin care collection that not only aims to hydrate, heal and protect skin but to also make a difference in the lives of veterans.

EL PASO, Texas — The creator of Merlot Skin Care and First Crush has unveiled a new skin care collection that not only aims to hydrate, heal and protect skin but to also make a difference in the lives of veterans. Enter Camo Cream.

With every purchase of Camo Cream, a portion of the sale goes toward Homes For Our Troops, a national nonprofit that works to build homes for post-9/11 injured veterans. Homes For Our Troops has built more than 160 homes nation wide, with plans to build dozens more.

April 11, 2014

Ian Read, chairman and CEO of Pfizer, was elected chairman of the Pharmaceutical Research and Manufacturers of America at the trade association’s annual meeting.

WASHINGTON — Ian Read, chairman and CEO of Pfizer, Inc, was elected chairman of the Pharmaceutical Research and Manufacturers of America Friday at the trade association’s annual meeting. Also elected were Kenneth Frazier, chairman, president and CEO of Merck, as chairman-elect of the PhRMA board of directors, and George Scangos, CEO of Biogen Idec, as board treasurer.

Read succeeds Robert Hugin, chairman and CEO of Celgene Corp., as PhRMA’s chairman.

April 11, 2014

The New York State legislature recently wrapped up its 2015 budget negotiations with a favorable outcome for community pharmacy as it rejected an executive branch proposal to change how New York’s Medicaid program reimburses pharmacies for prescription medications.

WASHINGTON — The New York State legislature recently wrapped up its 2015 budget negotiations with a favorable outcome for community pharmacy: It rejected an executive branch proposal to change how New York’s Medicaid program reimburses pharmacies for prescription medications.

If enacted, the proposal would have cut payments to pharmacies by $82 million annually, according to estimates, by setting the price for drugs based on a three-month rolling average acquisition cost.

April 11, 2014

After 40 years of dedicated service, Publix Super Markets’ VP distribution Richard Schuler announced his decision to retire, effective May 2.

LAKELAND, Fla. — After 40 years of dedicated service, Publix Super Markets’ VP distribution Richard Schuler announced his decision to retire, effective May 2.  

April 11, 2014

Health and Human Services Secretary Kathleen Sebelius has resigned her post, according to published reports.

WASHINGTON — Health and Human Services Secretary Kathleen Sebelius has resigned her post, according to published reports. 

President Obama accepted the resignation this week and intends to announce that he will nominate Office of Management and Budget Director Sylvia Mathews Burwell to replace Sebelius. A formal announcement is expected Friday, according to reports. 

April 11, 2014

Safeway was selected to receive the 2014 Military Officers Association of America's Distinguished Service Award, which honors individuals or organizations for their strong support of national defense and the uniformed service community, the company announced Thursday.

PLEASANTON, Calif. — Safeway was selected to receive the 2014 Military Officers Association of America's Distinguished Service Award, which honors individuals or organizations for their strong support of national defense and the uniformed service community, the company announced Thursday. The company was recognized by MOAA for its "outstanding support as an employer of Guard and Reserve members and veterans."

April 11, 2014

Safeway on Thursday announced the receipt of a request for additional information and documents from the Federal Trade Commission in connection with the FTC's review of the Safeway/Albertson's merger.

PLEASANTON, Calif. — Safeway on Thursday announced the receipt of a request for additional information and documents from the Federal Trade Commission in connection with the FTC's review of the Safeway/Albertson's merger. 

The second request extends the waiting period imposed by the Hart−Scott−Rodino Antitrust Improvements Act of 1976 until 30 days after Safeway and Albertsons have substantially complied with the second request, unless that period is extended voluntarily by the parties or terminated sooner by the FTC. 

 

April 11, 2014

Total U.S. retail sales during 2013 reportedly reached $4.5 trillion, a 4.2% increase from $4.4 billion in 2012. According to new data from EMarketer, e-commerce sales of $263.3 billion, up 16.9% from $225.3 billion the prior year, helped drive overall retail sales growth.

NEW YORK — Total U.S. retail sales during 2013 reportedly reached $4.5 trillion, a 4.2% increase from $4.4 billion in 2012. According to new data from EMarketer, e-commerce sales of $263.3 billion, up 16.9% from $225.3 billion the prior year, helped drive overall retail sales growth.

Non-e-commerce sales totaled about $4.3 billion, a 3.5% increase from $4.12 billion in 2012. In 2014, EMarketer predicts that e-commerce sales in rhe U.S. will grow 15.5% to total $304.1 billion, or 6.4% of total retail sales of $4.73 billion.

April 11, 2014

Teva Pharmaceuticals and the Parkinson's Unity Walk on Friday announced the launch of a public awareness campaign, "CommUNITY: Carrying the PD Torch," to support Parkinson's disease patients during Parkinson's Disease Awareness Month in April.

FRAZER, Pa. — Teva Pharmaceuticals and the Parkinson's Unity Walk on Friday announced the launch of a public awareness campaign, "CommUNITY: Carrying the PD Torch," to support Parkinson's disease patients during Parkinson's Disease Awareness Month in April. The campaign aims to empower patients to set their goals and work to achieve them by uniting the community and encouraging patients in their PD journey.

April 11, 2014

The Yankee Candle Co. announced the launch of four new summer-inspired fragrances, which feature notes of fruit and coconut.

SOUTH DEERFIELD, Mass. — The Yankee Candle Co. announced the launch of four summer-inspired fragrances, which feature notes of fruit and coconut. Consumers can choose from Margarita Time, Coconut and Vanilla Bean, Cinnamon Vanilla and Sea Coral.

The company also announced the limited-edition Fiesta Collection, which features three vivid colors and fruit fragrances. The collection is comprised of Pineapple and Red Berry Sangria, Caramelized Sugar and Coconut Lime.

April 10, 2014

Ambi, a beauty brand for women of color, is expanding its portfolio with the new Ambi Advanced 5% Micro-Benzoyl Peroxide Acne Spot Treatment and Ambi Even & Clear Makeup Removing Cleansing Cloths.

NEW YORK — Ambi, a beauty brand for women of color, is expanding its portfolio with the new Ambi Advanced 5% Micro-Benzoyl Peroxide Acne Spot Treatment and Ambi Even & Clear Makeup Removing Cleansing Cloths.

April 10, 2014

Costco announced on Thursday that its March sales increased 8% to $10.43 billion.

ISSAQUAH, Wash. — Costco announced on Thursday that its March sales increased 8% to $10.43 billion.

This year's five-week period, ended April 6, included 35 days of sales compared to 34 last year, reflecting the timing of Easter. This calendar shift positively impacted this year's net and comparable sales by an estimated 1 to 1.5%, the company stated.

During March, same-store sales rose 6% in the United States. For the total company, same-store sales increased 5% during that period.

April 10, 2014

Prescription drug trend grew 3.8% in 2013, driven by significant price inflation for traditional brand drugs, specialty drugs and generics, as well as an increase in utilization as members filled more prescriptions in the slowly improving economy, according to the findings of CVS Caremark’s annual "Insights" report released on Thursday.

WOONSOCKET, R.I. — Prescription drug trend grew 3.8% in 2013, driven by significant price inflation for traditional brand drugs, specialty drugs and generics, as well as an increase in utilization as members filled more prescriptions in the slowly improving economy, according to the findings of CVS Caremark’s annual "Insights" report released on Thursday. This compares with 2012, which experienced nearly flat growth at 0.1%.

April 10, 2014

Dole is adding more greens to its portfolio in the form of Dole Power Up Greens, a new line of packaged greens that the company said will give consumers a nutritious option to use in recipes, from smoothies to stir-fry dishes.

MONTEREY, Calif. — Dole is adding more greens to its portfolio in the form of Dole Power Up Greens, a new line of packaged greens that the company said will give consumers a nutritious option to use in recipes, from smoothies to stir-fry dishes.

April 10, 2014

Family Dollar Stores on Thursday reported that for the second quarter of fiscal year 2014 ended March 1, net sales totaled $2.7 billion, representing a decline of 6.1%.

MATTHEWS, N.C. — Family Dollar Stores on Thursday reported that for the second quarter of fiscal year 2014 ended March 1, net sales totaled $2.7 billion, representing a decline of 6.1%. Earnings per diluted share in the second quarter of fiscal 2014 were $0.80 as compared to $1.21 in the second quarter of fiscal 2013. 

Comparable store sales for the 13-week period decreased 3.8% as a result of decreased customer transactions, partially offset by an increase in the average customer transaction value.

April 10, 2014

QuadMed, a provider of onsite, near site and shared site employer-sponsored health-and-wellness solutions, has appointed Sue Buettner as president, succeeding Tim Dickman, who is leaving the company.

SUSSEX, Wis. — QuadMed, a provider of onsite, near site and shared site employer-sponsored health-and-wellness solutions, has appointed Sue Buettner as president, succeeding Tim Dickman, who is leaving the company.

April 10, 2014

Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

Comparable store sales for the month decreased 1.2% compared with a decrease of 3% in the prior-year period.

April 10, 2014

Lupin announced that it received final approval from the Food and Drug Administration for pioglitazone tablets USP in 15-mg, 30-mg and 45-mg strengths.

MUMBAI and BALTIMORE — Lupin announced that it received final approval from the Food and Drug Administration for pioglitazone tablets USP in 15-mg, 30-mg and 45-mg strengths. The product is the generic version of Actos tablets from Takeda Pharmaceuticals.

The drug is used an adjunct to diet and exercise to improve glycemic control in adults with Type 2 diabetes. Actos tablets had annual sales in the United States of approximately $236 million as of December 2013, according to IMS MAT data. 

 

April 10, 2014

SanaSana.com, which is positioned as the first consumer goods online retailer catering to U.S. Hispanic women, has launched to help the estimated 10.2 million orphaned children in Latin America.

HOLLYWOOD, Fla. — SanaSana.com, which is positioned as the first consumer goods online retailer catering to U.S. Hispanic women, has launched to help the estimated 10.2 million orphaned children in Latin America.

As the fastest growing segment of the U.S. population, the Hispanic market's buying power is estimated to reach $1.5 trillion by 2015.

April 10, 2014

Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics.

CAMP HILL, Pa. — Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater Houston, Austin and San Antonio areas. Through the acquisition, RediClinic will operate as a wholly owned subsidiary of Rite Aid. 

Details of the transaction were not disclosed.

April 10, 2014

In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.

CAMP HILL, Pa. — In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales. For the full year, Rite Aid reported $25.5 billion in revenues, up 0.5%.