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December 5, 2011

I, Rxobot: eRxCity places pharmacy technology front and center

Upon entering eRxCity on the second floor of a medical building at the corner of Mott and Canal streets in Chinatown in New York City, the store’s whole concept becomes clear from a slogan printed on the wall across from a flat-screen TV showing Hong Kong soap operas: “The next generation pharmacy.” 

December 2, 2011

Supervalu, Walgreens sign on to Obama's Better Buildings Challenge

President Barack Obama on Friday announced nearly $4 billion in combined federal and private-sector energy upgrades to buildings over the next two years.

WASHINGTON — President Barack Obama on Friday announced nearly $4 billion in combined federal and private-sector energy upgrades to buildings over the next two years. These investments will save billions in energy costs, promote energy independence, and, according to independent estimates, create tens of thousands of jobs in the hard-hit construction sector.

November 23, 2011

PLMA: Buying private-label Thanksgiving items could help consumers save nearly 33%

Opting for private-label Thanksgiving staples could help consumers save nearly 33%, according to a new survey conducted by the Private Label Manufacturers Association.

NEW YORK — Opting for private-label Thanksgiving staples could help consumers save nearly 33%, according to a new survey conducted by the Private Label Manufacturers Association.

November 22, 2011

Manchester College School of Pharmacy seeks new dean

Manchester College is looking for a new leader for its pharmacy school, the private university's president said Tuesday.

NORTH MANCHESTER, Ind. — Manchester College is looking for a new leader for its pharmacy school, the private university's president said Tuesday.

The school's vice president and founding dean, Philip Medon, has resigned for health-related reasons, prompting the university to launch a nationwide search for a new dean. Medon joined the school last year. The school currently has 23 faculty and offers a four-year professional doctoral program. Classes are set to begin in August 2012.

November 22, 2011

Navarro Discount Pharmacy unveils private-label line at PLMA show

Navarro Discount Pharmacy, a Hispanic-owned pharmacy retailer and an MBF Healthcare portfolio company, unveiled its private-label line, Vida Mia, at the Private Label Manufacturers Association Annual Trade Show in Chicago.

MIAMI — Navarro Discount Pharmacy, a Hispanic-owned pharmacy retailer and an MBF Healthcare portfolio company, unveiled its private-label line, Vida Mia, at the Private Label Manufacturers Association Annual Trade Show in Chicago.

Navarro participated in the Latino Markets section of the show, displaying the new Hispanic-oriented store brand products from retailers. The 2011 theme of the show, which ran from Nov. 13 to 15, was "It’s a Store Brands World."

November 16, 2011

Survey: Consumers consider expected savings before shopping

Shoppers today are more knowledgeable than ever when it comes to finding deals on their favorite products, and many won't even set foot in a store until they have an idea of their potential savings, according to the Deloitte/Harrison Group annual American Pantry Survey.

NEW YORK — Shoppers today are more knowledgeable than ever when it comes to finding deals on their favorite products, and many won't even set foot in a store until they have an idea of their potential savings, according to the Deloitte/Harrison Group annual American Pantry Survey.

November 14, 2011

Private label cleans up

Consumers still are watching their dollars, as evidenced by solid sales of private-label facial cleansers; however, product innovation also is helping to drive growth among the branded products.

According to SymphonyIRI Group, sales of private-label products took the lead for the 12 weeks ended Oct. 2 at food, drug and mass (excluding Walmart).

November 9, 2011

Report: Costco-backed liquor initiative passes in Washington state

The Washington state government's cap on quaffable spirits popped open Wednesday as voters there passed a ballot initiative to allow private retailers to sell liquor, according to published reports.

NEW YORK — The Washington state government's cap on quaffable spirits popped open Wednesday as voters there passed a ballot initiative to allow private retailers to sell liquor, according to published reports.

November 7, 2011

Sentinel Capital Partners acquires WellSpring

Sentinel Capital Partners has acquired Sarasota, Fla.-based WellSpring Pharmaceutical, the private equity firm said Monday.

NEW YORK — Sentinel Capital Partners has acquired Sarasota, Fla.-based WellSpring Pharmaceutical, the private equity firm said Monday.

Sentinel, which describes itself as investing in lower middle-market companies, said it bought the manufacturer of prescription and OTC drugs, which manufactures its products in Ontario, alongside Ancor Capital Partners. Financial terms of the deal were not disclosed.

November 4, 2011

A&P enters agreement to receive $490M to sponsor plan of reorganization

Bankrupt grocer A&P has entered into an agreement to receive $490 million of debt and equity financing from investors that will enable it to complete the restructuring of its balance sheet and emerge from Chapter 11 as a private entity in early 2012.

MONTVALE, N.J. — Bankrupt grocer A&P has entered into an agreement to receive $490 million of debt and equity financing from investors that will enable it to complete the restructuring of its balance sheet and emerge from Chapter 11 as a private entity in early 2012.

November 4, 2011

Shoppers Drug Mart, American Scientific Resources partner for private-label VeraTemp

American Scientific Resources has received a private-label purchase order for a Shoppers Drug Mart VeraTemp noncontact thermometer.

WESTON, Fla. — American Scientific Resources has received a private-label purchase order for a Shoppers Drug Mart VeraTemp noncontact thermometer.

The initial order for 5,000 units will supply VeraTemp to Shoppers Drug Mart’s chain of almost 1,200 Shoppers Drug Mart/Pharmaprix stores across Canada.

November 3, 2011

Romane Fragrances rebrands to Tru Fragrance

Romane Fragrances, which creates, manufactures, launches and markets private-brand fragrances for retailers worldwide, has changed its name to Tru Fragrance and launched a new website at TruFragrance.com.

CHICAGO — Romane Fragrances, which creates, manufactures, launches and markets private-brand fragrances for retailers worldwide, has changed its name to Tru Fragrance and launched a new website at TruFragrance.com.

In addition to changing its name and launching a new website, Tru Fragrance will move into new headquarters located just west of Chicago, complete with state-of-the-art showroom, a warehousing and distribution facility, and a creative development center.

November 1, 2011

CDMA receives Brookshire Bros. Private Label Vendor of the Year Award

Supermarket chain Brookshire Bros. gave its Private Label Vendor of the Year Award to the Chain Drug Marketing Association, CDMA said Tuesday.

NOVI, Mich. — Supermarket chain Brookshire Bros. gave its Private Label Vendor of the Year Award to the Chain Drug Marketing Association, CDMA said Tuesday.

Brookshire Bros. nonfood category manager Doug Barnett presented the award to CDMA president James Devine and director of store brands Susan Barry.

Brookshire Bros. operates 72 supermarkets in the Houston metropolitan area and rural areas of Texas.

November 1, 2011

Health Mart unveils new line of private-label products

Health Mart on Tuesday officially unveiled its Health Mart brand, a new line of private-label, over-the-counter products that will help place the Health Mart banner in America's medicine cabinets.

SAN FRANCISCO — Health Mart on Tuesday officially unveiled its Health Mart brand, a new line of private-label, over-the-counter products that will help place the Health Mart banner in America's medicine cabinets.

The Health Mart private label will launch with diabetes products to coincide with National Diabetes Month.

November 1, 2011

Implus acquired by Trilantic Capital; foot care co. poised for growth

Trilantic Capital Partners, a global private equity firm, on Tuesday announced that it has partnered with management to acquire Implus, a leader in the footwear, outdoor and fitness accessories markets.

NEW YORK — Trilantic Capital Partners, a global private equity firm, on Tuesday announced that it has partnered with management to acquire Implus, a leader in the footwear, outdoor and fitness accessories markets. Financial terms of the transaction were not disclosed.

October 26, 2011

WAG showcases new technologies at TEDMED conference

Walgreens is showcasing some of its newest healthcare innovations at the TEDMED conference in San Diego, the retail pharmacy chain said Wednesday.

DEERFIELD, Ill. — Walgreens is showcasing some of its newest healthcare innovations at the TEDMED conference in San Diego, the retail pharmacy chain said Wednesday.

Attendees of the TEDMED conference, which began Tuesday and lasts until Friday, will be able to take iPad video tours of Walgreens' new store format, which it has launched as a pilot program at about 20 of its stores in the Chicago area, as well as in Indianapolis.

October 25, 2011

Report: Costco's donations to Washington state initiative break records

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 19, 2011

Heavy  hITters

How many times have we heard it said that one day in America there will be a nationwide health information network that will link patients, providers and payers seamlessly, efficiently and securely, across a universal standardized system? It’s been the dream of health information technology strategists and engineers for decades. And yet, when you take a look at the healthcare experience of the typical American consumer, you’d be hard-pressed to find evidence that we are any closer to achieving that dream today than we were in the days of the Carter administration. 

October 19, 2011

Virtual health care at the forefront of Pharmacy 2.0

Technology in retail pharmacies has traditionally  meant the adoption of robotic dispensing systems and electronic health records, but in recent years, pharmacy retailers have been bringing technology to the consumer level. 

In September, Rite Aid teamed up with OptumHealth to become the first to provide “virtual clinics” in a retail pharmacy setting in some stores in the Detroit area. 

October 18, 2011

J&J pledges to recapture luster of McNeil OTC brands

Johnson & Johnson Tuesday morning pledged significant support behind the relaunch of several McNeil Consumer products into the marketplace in 2012, and feels confident impacted brands — Tylenol and Motrin, among others — will be able to recapture market share, despite significant private-label erosion.

NEW BRUNSWICK, N.J. — Johnson & Johnson Tuesday morning pledged significant support behind the relaunch of several McNeil Consumer products into the marketplace in 2012, and feels confident impacted brands — Tylenol and Motrin, among others — will be able to recapture market share, despite significant private-label erosion.

October 14, 2011

Former CVS Caremark head Tom Ryan joins Advent International's Operating Partner Program

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 11, 2011

Walgreens adds former CIGNA CMO and specialty pharmacy vet to team

Walgreens on Tuesday named Jeffrey Kang and Mike Ellis to its pharmacy, health and wellness division.

DEERFIELD, Ill. — Walgreens on Tuesday named Jeffrey Kang and Mike Ellis to its pharmacy, health and wellness division.

Kang will join Walgreens Oct. 31 as SVP health and wellness services and solutions, reporting to both president and CEO Greg Wasson and president of pharmacy, health and wellness Kermit Crawford.

In addition, Mike Ellis has joined Walgreens as VP specialty pharmacy and infusion, reporting to Crawford.

October 6, 2011

Harris Teeter partners with D.C. councilmember on $10K donation

Harris Teeter and Washington, D.C., Ward 6 council member Tommy Wells joined forces Thursday to offer a $10,000 donation to Jan’s Tutoring House, a nonprofit organization in Washington, D.C., that pairs children with volunteers who provide one-on-one tutoring and mentoring.

CHARLOTTE, N.C. — Harris Teeter and Washington, D.C., Ward 6 council member Tommy Wells joined forces Thursday to offer a $10,000 donation to Jan’s Tutoring House, a nonprofit organization in Washington, D.C., that pairs children with volunteers who provide one-on-one tutoring and mentoring.

October 5, 2011

Report: Closing price gap contributing to PL share decline

Private-label share is slipping across several key drug store categories, according to SymphonyIRI Group’s latest Times & Trends report, “Private Label: Brand Positioning in the New World Order,” published Wednesday.

CHICAGO — Private-label share is slipping across several key drug store categories, according to SymphonyIRI Group’s latest Times & Trends report, “Private Label: Brand Positioning in the New World Order,” published Wednesday.

October 3, 2011

PLMA consumer survey: Host of factors feeds consumer 'buy' decision

A recent consumer survey debunked the two long-assumed scenarios surrounding the moment a shopper actually makes a shopping decision — before they've entered the store as part of a planned purchase or at the shelf on an impulse.

NEW YORK — A recent consumer survey debunked the two long-assumed scenarios surrounding the moment a shopper actually makes a shopping decision — before they've entered the store as part of a planned purchase or at the shelf on an impulse.

For years, the retailing industry has debated between those who argue a shopper’s mind is mostly made up before they even enter the store and those who assert the real decision what to buy comes down to a final few seconds at the shelf. In fact it is neither, according to a recent survey of U.S. consumers.