Content about Retail

June 10, 2011

Cardinal Health on Friday announced a new pharmacy college scholarship program, making $1.1 million in scholarship funds available to 13 pharmacy schools. Recipient schools will be endowed with scholarship funding ranging from $50,000 to $125,000.

DUBLIN, Ohio — Cardinal Health on Friday announced a new pharmacy college scholarship program, making $1.1 million in scholarship funds available to 13 pharmacy schools. Recipient schools will be endowed with scholarship funding ranging from $50,000 to $125,000.

June 10, 2011

MinuteClinic has entered a clinical affiliation with OhioHealth, a not-for-profit, charitable healthcare organization based in Columbus, Ohio. MinuteClinic has seven walk-in medical clinics inside select CVS/pharmacy stores throughout the region.

WOONSOCKET, R.I., and COLUMBUS, Ohio — MinuteClinic has entered a clinical affiliation with OhioHealth, a not-for-profit, charitable healthcare organization based in Columbus. MinuteClinic has seven walk-in medical clinics inside select CVS/pharmacy stores throughout the region.

June 9, 2011

A new brewed drink is looking to provide an alternative to coffee.

OREM, Utah — A new brewed drink is looking to provide an alternative to coffee.

Crio Brü, which contains 100% pure, premium cocoa beans, brews just like coffee, according to the company. Currently sold in coffee shops and coffee aisles at retail in Utah, as well as online, Crio Brü is available in Cavalla, Vega Real and Coca River flavors.

June 8, 2011

A new line of biodegradable trash bags are looking to "dress the mess."

NEW YORK — A new line of biodegradable trash bags are looking to "dress the mess."

DesignerLiners, unlike typical waste liners, feature 1-of-10 unique designs that are displayed on the inside of a bag so consumers can "dress the mess," the company said. The bags are available in a 12-pack or a bulk package of 100 bags, and each bag touts a 5-gal. to 6-gal. size.

June 8, 2011

Moody's Investors Service compared the three largest pharmacy benefit managers — CVS Caremark, Express Scripts and Medco Health Solutions — in a report issued Tuesday. While it maintained a positive view of all three, it gave CVS Caremark the highest credit rating.

NEW YORK — Moody's Investors Service compared the three largest pharmacy benefit managers — CVS Caremark, Express Scripts and Medco Health Solutions — in a report issued Tuesday. While it maintained a positive view of all three, it gave CVS Caremark the highest credit rating.

"CVS Caremark has the highest credit rating of the three companies and is the only one with a retail pharmacy business, providing it with size and diversity that offset financial metrics that are weaker than the company's PBM peers," the report stated.

June 8, 2011

The retail industry won a big victory in Washington, D.C., as the Senate defeated an amendment that proposed to delay swipe-fee reform for another 12 months.

WASHINGTON — The retail industry won a big victory in Washington, D.C., as the Senate defeated an amendment that proposed to delay swipe-fee reform for another 12 months.

June 7, 2011

Global Wellness on Tuesday initiated a voluntary nationwide recall of its Via Extreme ultimate sexual enhancer dietary supplement for men.

HOLLYWOOD, Fla. — Global Wellness on Tuesday initiated a voluntary nationwide recall of its Via Extreme ultimate sexual enhancer dietary supplement for men.

The product — a bottle containing six blue-colored capsules per package — was distributed throughout the United States, Puerto Rico and Canada to Internet and retail consumers, the company reported.

Global Wellness is recalling only lots 809013 and 806030; the recall does not affect sales and distribution of Slim Extreme Gold and Gelslim, the company stated.

June 6, 2011

Registered dietitians' role in retail was emphasized as health-and-wellness professionals from retailers, manufacturers and other organizations gathered for the third annual Dietitian Summit, which was held in Philadelphia last month.

CHICAGO — Registered dietitians' role in retail was emphasized as health-and-wellness professionals from retailers, manufacturers and other organizations gathered for the third annual Dietitian Summit, which was held in Philadelphia last month.

The third annual invitation-only summit — co-hosted by Ahold USA and Field Trip Factory, which unites commerce and other organizations through education — underscored that grocers stress healthy food choices by utilizing RDs, which offer customers the tools to achieve optimal health.

June 6, 2011

The cost of acquiring a Facebook “liker?” Less than 13 cents per fan, according to a Media Logic blog posted last week.

ALBANY, N.Y. — The cost of acquiring a Facebook “liker?" Less than 13 cents per fan, according to a Media Logic blog entry posted last week. At least that’s what retailer Kirkland's spent in its pursuit of more than 200,000 Facebook surfers who opted-in on the Kirkland's page. And because the act of a Facebook user “liking” a page is posted on that person’s newsfeed, it fast becomes a case of “if you tell two friends and they each in turn tell two friends ...”

June 6, 2011

Perception feeds reality. That is as true today as it was when the economy first started its rollercoaster plunge back in 2008. The perception is that the consumer is on her way back. And while that is fast becoming reality, today’s retailer will be looking to commit its capital expenditures to more than just the traditional new Main-and-Main locations.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Perception feeds reality. That is as true today as it was when the economy first started its rollercoaster plunge back in 2008. The perception is that the consumer is on her way back. And while that is fast becoming reality, today’s retailer will be looking to commit its capital expenditures to more than just the traditional new Main-and-Main locations.

June 6, 2011

Kerr Drug is hosting the North Carolina launch of the National Consumer League’s “Script Your Future” medication adherence campaign, the regional retail pharmacy chain said.

RALEIGH, N.C. — Kerr Drug is hosting the North Carolina launch of the National Consumer League’s “Script Your Future” medication adherence campaign, the regional retail pharmacy chain said.

June 6, 2011

Almost 15 years after its debut, the original singing bird clock is being relaunched by Mark Feldstein & Associates, the company announced.

TOLEDO, Ohio — Almost 15 years after its debut, the original singing bird clock is being relaunched by Mark Feldstein & Associates, the company announced.

The clock, which features images and 12 songs — one at the top of each hour — from 12 songbirds in North America, is available for a limited time to celebrate its upcoming 15th anniversary in 2012. MFA discontinued the original singing bird clock in 2006 after coming out with another version licensed by the National Audubon Society a few years earlier, the company said.

June 6, 2011

Rite Aid is partnering with the Skin Cancer Foundation to launch a healthy skin care campaign for the summer, the retail pharmacy chain announced Monday.

CAMP HILL, Pa. — Rite Aid is partnering with the Skin Cancer Foundation to launch a healthy skin care campaign for the summer, the retail pharmacy chain announced Monday.

The campaign, which will last through July 26, will include free informational guides in all the chain’s stores and online, as well as promotions for skin care products and a national tour featuring free full-body skin cancer screenings by local dermatologists and advice from Rite Aid pharmacists.

June 3, 2011

Anyone wondering what the future of health care under a more consumer-directed model will look like got a glimpse of it from two pieces of news this week.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Anyone wondering what the future of health care under a more consumer-directed model will look like got a glimpse of it from two pieces of news this week.

(THE NEWS: Sam’s Club celebrates men’s health with free screenings. For the full story, click here)

June 3, 2011

Why is the news that CVS Caremark has secured the mail-order and specialty prescription drug benefit for Federal Employee Program so important? Well, some pundits might say there is no indication that the integrated retail-pharmacy benefit manager model had anything to do with why FEP chose Caremark over Medco. It doesn't matter. As any football coach would say, "A win's a win," and this is a big one.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Why is the news that CVS Caremark has secured the mail-order and specialty prescription drug benefit for Federal Employee Program so important? Well, some pundits might say there is no indication that the integrated retail-pharmacy benefit manager model had anything to do with why FEP chose Caremark over Medco. It doesn't matter. As any football coach would say, "A win's a win," and this is a big one.

June 3, 2011

Kashi has introduced a decadent addition to its TLC layered granola bars line.

LA JOLLA, Calif. — Kashi has introduced a decadent addition to its TLC layered granola bars line.

The new peanutty dark chocolate flavor, which joins dark chocolate coconut and pumpkin pecan TLC layered granola bars, features Kashi's signature seven whole grains blend, as well as 4.5 g of fiber and 4 g of protein in each bar.

Kashi's TLC peanutty dark chocolate layered granola bars now are available at grocers and natural food retailers nationwide for a suggested retail price of $3.89.

June 3, 2011

Navarro Discount Pharmacy, a Hispanic-owned pharmacy chain and an MBF Healthcare portfolio company, has added e-commerce capabilities to its existing website. The retailer also plans to add in the fall an interactive social media retail forum, video, content on family and health-related topics, and reviews.

MIAMI — Navarro Discount Pharmacy, a Hispanic-owned pharmacy chain and an MBF Healthcare portfolio company, has added e-commerce capabilities to its existing website. The retailer also plans to add in the fall an interactive social media retail forum, video, content on family and health-related topics, and reviews.

June 2, 2011

A new set of sweet treats from Unilever brands Breyers, Popsicle and Klondike is making its way to the frozen food aisle this summer.

ENGLEWOOD CLIFFS, N.J. — A new set of sweet treats from Unilever brands Breyers, Popsicle and Klondike is making its way to the frozen food aisle this summer.

The Breyers Blasts! line now includes eight new varieties that each feature candy and cookie brands, such as Mrs. Fields and Whoppers. The flavors are available for a suggested retail price from $3.50 to $4.99.

June 2, 2011

Same-store sales at Rite Aid increased by 1.3% in May, compared with the year-ago period, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 1.3% in May, compared with the year-ago period, the retail pharmacy chain said Thursday.

Reporting sales for the five-week period that ended May 28, Rite Aid said front-end same-store sales increased 1.8%, while same-store sales in the pharmacy increased by 1%, including a 129-basis-point offset due to introductions of new generic drugs. Prescription count increased 0.1%.

Total drug store sales during the period were nearly $2.5 billion, a 1% increase over $2.45 billion in May 2010.

June 1, 2011

Fusion Brands, the parent company of beauty brands FusionBeauty and Clean, has partnered with Sony Pictures and CBS Consumer Products to launch Jabot Cosmetics, a fictional beauty brand that will become available for purchase to consumers.

NEW YORK — Fusion Brands, the parent company of beauty brands FusionBeauty and Clean, has partnered with Sony Pictures and CBS Consumer Products to launch Jabot Cosmetics, a fictional beauty brand that will become available for purchase to consumers.

June 1, 2011

As the weather heats up, new one-of-a-kind creations from Haagen-Dazs have made their way to the frozen food aisle.

OAKLAND, Calif. — As the weather heats up, new one-of-a-kind creations from Haagen-Dazs have made their way to the frozen food aisle.

Haagen-Dazs' lineup includes new flavors of ice cream, sundae cones, frozen yogurt, sorbet and cups. The company said the new offerings were inspired by flavor experiences, such as a slice of holiday pie, a trip to India and more.

Haagen-Dazs' newest ice cream flavors, which include caramel apple pie, blueberry crumble, cranberry pumpkin spice, sweet chai latte and spiced peach crumble, retail for $4.69 per 14-oz. carton.

June 1, 2011

Nathan's Famous has introduced Angus beef hot dogs for the grilling season.

CHICAGO — Nathan's Famous has introduced Angus beef hot dogs for the grilling season.

"Consumers love Angus beef, and now they can choose Nathan's Famous hot dogs made from all Angus beef, too," said Janet Sweeney, marketing director for Specialty Foods Group, which handles retail sales for Nathan's Famous hot dogs. "It's all about giving consumers the choices they want as we kick off the grilling season."

June 1, 2011

Japanese cosmetics company Pola Orbis Holdings plans to acquire H2O Plus, a privately held developer, manufacturer and marketer of prestige, branded marine-based natural skin care products for the face and body.

TOKYO — Japanese cosmetics company Pola Orbis Holdings plans to acquire H2O Plus, a privately held developer, manufacturer and marketer of prestige, branded marine-based natural skin care products for the face and body.

Headquartered in Chicago, H2O Plus is majority-owned by investment companies Cordova, Smart & Williams and New MainStream Capital, as well as Robert Seidl and other members of senior management.

The transaction is subject to customary regulatory approvals and is expected to close in July.

June 1, 2011

Capital spending for the retail industry is expected to increase 16% in 2011 to $42.5 billion, with all subsegments projecting double-digit percentage increases — except for mass merchants, whose growth is projected to rise 9% — according to a survey by Equity Research.

NEW YORK — Capital spending for the retail industry is expected to increase 16% in 2011 to $42.5 billion, with all subsegments projecting double-digit percentage increases — except for mass merchants, whose growth is projected to rise 9% — according to a survey by Equity Research.

Although capital spending will be up, it remains well below 2007’s peak of $56 billion. Also, unlike these peak years when a significant portion of spending was dedicated to new store growth, the emphasis will be on maintenance, infrastructure upgrades, e-commerce and remodels.

May 31, 2011

In a major win for its pharmacy benefit management business, CVS Caremark will handle the $3 billion mail-order and specialty prescription drug benefit for the Federal Employee Program starting January 2012, which, for the last three years, had been handled by rival Medco Health Solutions.

WOONSOCKET, R.I. — In a major win for its pharmacy benefit management business, CVS Caremark will handle the $3 billion mail-order and specialty prescription drug benefit for the Federal Employee Program starting January 2012, which, for the last three years, had been handled by rival Medco Health Solutions.