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May 17, 2013

During the 2013 Retail Clinician Education Congress last week in Las Vegas, a select group of leaders in graduate nursing education and nursing practice gathered for a historic roundtable discussion.

The roundtable discussion was indeed historic and marked an important event within the convenient care industry as nurse leaders and universities came together to talk and strategize on ways to strengthen the relationship between practice and graduate nursing education in emerging models of care.

During the 2013 Retail Clinician Education Congress last week in Las Vegas, a select group of leaders in graduate nursing education and nursing practice gathered for a historic roundtable discussion.

May 15, 2013

Alliance Boots on Wednesday reported a double-digit profit gain for its year ended March 31.

BERN, Switzerland — Alliance Boots on Wednesday reported a double-digit profit gain for its year ended March 31. Underlying profit after tax was up 12.7% to $1.2 billion, though revenue was down slightly by 2.6% to $34.2 billion. 

May 15, 2013

Canadian retail pharmacy chain Shoppers Drug Mart is offering a range of products for the summer, as well as tips for enjoying the season safely.

TORONTO — Canadian retail pharmacy chain Shoppers Drug Mart is offering a range of products for the summer, as well as tips for enjoying the season safely.

The 1,240-store chain said it would offer a selection of products for outdoor entertaining, road trips, summer beauty and first aid and information on choosing the right sunscreen, sunglasses and barbecue recipes.

May 14, 2013

Americans and their health care plans are spending less on medicines and health services. Is that a good thing?

Americans and their healthcare plans are spending less on medicines and health services. Is that a good thing?

Researchers for the IMS Institute for Healthcare Informatics posed that question with the release of a report on the U.S. pharmaceutical market this week. But pharmacy leaders, independent and chain pharmacists, the U.S. health system and healthcare advocates are going to be dealing with the implications of that trend going forward.

May 13, 2013

Butterball has entered a licensing agreement with Monogram Food Solutions, LLC, a Memphis, Tenn.-based manufacturer of processed meat, to launch a new line of turkey meat snacks featuring jerky, turkey bacon jerky, turkey nuggets and turkey snack sticks.

MEMPHIS, Tenn. — Butterball has entered a licensing agreement with Monogram Food Solutions, LLC, a Memphis, Tenn.-based manufacturer of processed meat, to launch a new line of turkey meat snacks featuring jerky, turkey bacon jerky, turkey nuggets and turkey snack sticks.

May 9, 2013

Success in the mass market can be an uphill battle for some niche brands as retailers trim selection, bolster private-label offerings and pass on smaller brands they perceive as higher risk. However, retailers also are increasingly looking to distinguish themselves from the competition, whether it is through exclusive offerings, customization or in-store services.

Success in the mass market can be an uphill battle for some niche brands as retailers trim selection, bolster private-label offerings and pass on smaller brands they perceive as higher risk. However, retailers also are increasingly looking to distinguish themselves from the competition, whether it is through exclusive offerings, customization or in-store services. This has given rise to the importance of business development organizations, master brokers, regional brokers, and sales and marketing consultants in helping niche brands navigate the path to retail.

May 8, 2013

McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year.

SAN FRANCISCO — McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year. Full-year adjusted earnings per diluted share was $6.33, compared to $6.38 in the prior year.

May 8, 2013

Walgreens celebrated the official opening of its latest flagship store, located at Powell and O’Farrell streets in the heart of San Francisco’s Union Square neighborhood.

DEERFIELD, Ill. — Walgreens celebrated the official opening of its latest flagship store, located at Powell and O’Farrell streets in the heart of San Francisco’s Union Square neighborhood. Like many of the flagships, the store, which opened at 10 a.m. Wednesday, is tailored to reflect the uniqueness of San Francisco at a location where Walgreens has been present since 1946.

May 6, 2013

Weis Markets on Monday posted first-quarter sales of $682.7 million, representing an increase of 3.2%. Same-store sales were up 0.8%.

SUNBURY, Pa. — Weis Markets on Monday posted first-quarter sales of $682.7 million, representing an increase of 3.2%. Same-store sales were up 0.8%.  

"We continue to make forward progress in a market impacted by a poor economy that is generating minimal job growth. These have been ongoing trends in most of the markets we serve," said David Hepfinger, Weis Markets' president and CEO.  "Our customers also were impacted in the first quarter by a tax increase and post-holiday debt," he said. 

April 26, 2013

Pharmacy's value as part of an outcomes-based healthcare alignment was the highlight of the closing business presentation at the National Association of Chain Drug Stores' 2013 Annual Conference. And now it's up to NACDS members to expose Congress leaders to that value quotient on a regular basis.

That was the message shared by incoming NACDS chairman Bob Narveson. It goes to show that even as the gavel passes from the head of one of the industry's largest pharmacy chains to one of the smaller chains, innovation in patient care is happening at all levels.

Pharmacy's value as part of an outcomes-based healthcare alignment was the highlight of the closing business presentation at the National Association of Chain Drug Stores' 2013 Annual Meeting. And now it's up to NACDS members to expose Congressional leaders to that value quotient on a regular basis. 

April 22, 2013

The National Association of Chain Drug Stores Foundation announced the election of five new members to its board of directors.

ARLINGTON, Va. — Today, the National Association of Chain Drug Stores Foundation announced the election of five new members to its board of directors. Victor Curtis, SVP pharmacy of Costco Wholesale; Jon Giacomin, president of U.S. pharmaceutical distribution for the pharmaceutical group of Cardinal Health; John Poulin, director of professional relations of Lilly USA; Todd Tillemans, president of customer development at Unilever; and Richard Tremonte, VP sales and marketing of the U.S.

April 21, 2013

“We are writing history, and you are historic figures.” That was a key message that Steve Anderson, National Association of Chain Drug Stores president and CEO, had for community pharmacy during Sunday morning’s business session at NACDS Annual Meeting as the association celebrates its 80th anniversary.

PALM BEACH, Fla. — “We are writing history, and you are historic figures.” That was a key message that Steve Anderson, National Association of Chain Drug Stores president and CEO, had for community pharmacy during Sunday morning’s business session at NACDS Annual Meeting as the association celebrates its 80th anniversary. Prior to Anderson taking the stage, Greg Wasson, out-going chairman of the NACDS board and president and CEO of Walgreens, made his state of the industry remarks.

April 16, 2013

No longer will the SymphonyIRI Group crunch data for the betterment of CPG companies everywhere, the company's president and CEO Andrew Appel told a packed conference room at the data aggregator's 2013 Summit. At least not as SymphonyIRI Group.

LAS VEGAS — No longer will the SymphonyIRI Group crunch data for the betterment of consumer packaged goods (CPG) companies everywhere, the company's president and CEO Andrew Appel told a packed conference room at the data aggregator's 2013 Summit here.

April 12, 2013

The Food and Drug Administration is granting an expedited application process to a company that has developed a treatment for a condition related to Parkinson's disease, meaning that it can cancel a planned late-stage clinical trial, the company said.

SAN DIEGO — The Food and Drug Administration is granting an expedited application process to a company that has developed a treatment for a condition related to Parkinson's disease, meaning that it can cancel a planned late-stage clinical trial, the company said.

April 10, 2013

Legislation designed to limit the use of biosimilars has met defeat in Maryland.

WASHINGTON — Legislation designed to limit the use of biosimilars has met defeat in Maryland.

April 1, 2013

Retail-based clinic operator MinuteClinic, a division of CVS Caremark, and Southern California healthcare system Sharp HealthCare have entered into a clinical affiliation to enhance access to healthcare services throughout San Diego County.

WOONSOCKET, R.I. and SAN DIEGO — Retail-based clinic operator MinuteClinic, a division of CVS Caremark, and Southern California healthcare system Sharp HealthCare have entered into a clinical affiliation to enhance access to healthcare services throughout San Diego County.

MinuteClinic currently has 10 walk-in medical clinics in San Diego County.

March 27, 2013

With its acquisition of five retail grocery banners from Supervalu now complete, Albertsons LLC has outlined its new executive management team.

BOISE, Idaho — With its acquisition of five retail grocery banners from Supervalu now complete, Albertsons LLC has outlined its new executive management team.

March 22, 2013

Supervalu on Friday named several executives to the company's leadership team one day following the closing of its divestiture of five retail banners to AB Acquisition.

MINNEAPOLIS — Supervalu on Friday named several executives to the company's leadership team one day following the closing of its divestiture of five retail banners to AB Acquisition. 

March 21, 2013

Supervalu announced the completion of the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium, in a stock deal valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption.

MINNEAPOLIS — Supervalu on Thursday announced the completion of the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium, in a stock deal valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption. 

March 19, 2013

Walgreens will no longer source branded prescription medicines directly from suppliers beginning in September, the Chicago-based retailer announced as part of a significant partnership between Walgreens, Alliance Boots and AmerisourceBergen that includes Walgreens and Alliance Boots potentially taking a 7% stake in the Pennsylvania wholesaler.

DEERFIELD, Ill. — Walgreens will no longer source branded prescription medicines directly from suppliers beginning in September, the Chicago-based retailer announced Tuesday as part of a significant partnership between Walgreens, Alliance Boots and AmerisourceBergen that includes Walgreens and Alliance Boots potentially taking a 7% stake in the Pennsylvania wholesaler. Walgreens will begin sourcing generic medicines from AmerisourceBergen beginning in the calendar year 2014.  

March 15, 2013

Ulta Beauty posted a “strong” fourth quarter and is going forward with plans to invest in several areas of the business, including the expansion of its Clinique boutiques.

BOLINGBROOK, Ill. — Ulta Beauty posted a “strong” fourth quarter and is going forward with plans to invest in several areas of the business, including the expansion of its Clinique boutiques.

Net sales for the quarter, including the benefit of the 14th week in the quarter, rose 30.3% to $758.8 million compared with the year-ago period. Same-store sales rose 8% during the quarter.

Net income rose 39.4% to $64.5 million versus $46.3 million in the fourth quarter of fiscal 2011.

March 11, 2013

Lysol, a Reckitt Benckiser company, has announced a new line of foaming hand soaps, the company said.

PARSIPPANY, N.J. — Lysol, a Reckitt Benckiser company, has announced a new line of foaming hand soaps, the company said today.

Lysol's Touch of Foam hand soap is a foaming soap that helps protect hands against germs while moisturizer-enriched micro-bubbles leaves them feeling soft. Studies have shown that hand washing alone can prevent both gastrointestinal and respiratory infections by nearly 50%.

March 11, 2013

Red Carpet Manicure, a maker of an at-home LED gel manicure system, has announced a new partnership with Target.

HAUPPAUGE, N.Y. — Red Carpet Manicure, a maker of an at-home LED gel manicure system, has announced a new partnership with Target.
 
Available in Target stores and online at Target.com are the LED gel manicure products, including the removal kit and LED professional light. Twenty on-trend shades will be available nationwide, including Star Power and White Hot perfect for spring and summer style, and Ooo La Liscious, which was worn by Rihanna at the 2013 Grammy Awards.
 


March 8, 2013

Men are putting their best face forward and are catching up to women by taking on a skin care regimen that goes beyond a hasty shave.

Men are putting their best face forward and are catching up to women by taking on a skin care regimen that goes beyond a hasty shave.

As previously reported by Drug Store News, the NPD Group released in 2012 the results on the men's skin care market and found that men's skin care sales in the prestige market increased 6% between January and July 2012, compared with the same time in 2011, generating $45.5 million. In addition, NPD found that at least 7-out-of-10 men are buying facial skin care products for themselves.

March 6, 2013

GNC named Scott O'Hara to its board of directors.

PITTSBURGH — GNC on Monday named Scott O'Hara to its board of directors. 

"[O'Hara's] wealth of knowledge and experience, particularly his international business expertise, should be a valuable resource to GNC as we move forward," stated Joe Fortunato, GNC chairman and CEO.