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January 28, 2015

TOP STORY

Supreme Court looks at Medicaid reimbursement

The National Association of Chain Drug Stores is keeping watch on a case before the U.S. Supreme Court regarding the right of health care providers, including pharmacies, to file lawsuits challenging Medicaid reimbursement rates.

NACDS and other stakeholders filed a brief with the Supreme Court last December supporting the right of providers to challenge inadequate reimbursement rates.

 

RETAIL NEWS BREAKS

Rite Aid promotes real estate executive

Ray Payne, vice president of real estate for the West Coast at Rite Aid Corp., has been promoted to group vice president of real estate.

NACDS seeks FCC clarification on mobile Rx notifications

The National Association of Chain Drug Stores has requested regulatory clarification from the Federal Communications Commission (FCC) about prior consent for calls to consumer cell phones for health care notifications.

NCPA urges Congress to act on Aetna Part D plan issues

The National Community Pharmacists Association has called on congressional leaders to hold hearings on information glitches that negatively impacted members of Aeta Medicare Part D drug plans.

Pharmacy groups endorse Rx drug abuse bill

Key pharmacy industry groups have applauded reintroduced federal legislation aimed at sharpening efforts to thwart prescription drug abuse and diversion.

Sears names new pharmacy chief for Kmart

Phil Keough has joined Sears Holdings Corp. as senior vice president and president of pharmacy.

Family Dollar shareholders vote for Dollar Tree

Signaling an end to an acquisition squabble between dollar store chains, shareholders of Family Dollar Stores Inc. have voted in favor of the company's previously announced merger deal with Dollar Tree Inc.

Walgreens Boots Alliance to provide 2015 earnings outlook

Walgreens Boots Alliance Inc. (WBA) plans to give adjusted earnings guidance for fiscal 2015 when it reports second-quarter results.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Cheetos to roll out first sweet snack

Frito-Lay is extending its Cheetos crunchy cheese snack brand into new territory with Cheetos Sweetos, its first-ever sweet snack.

Lipton set to debut sparkling iced tea

The Pepsi Lipton Tea partnership, a joint venture between PepsiCo and Unilever, next week plans to roll out a new line of lightly carbonated iced teas from Lipton Iced Tea.

Alberto VO5 unveils Shine, Glow & Go Beauty Oil

Alberto VO5 has introduced Shine, Glow & Go Beauty Oil, which it called its first dual-purpose, after-shower product for hair and body.

P&G tabs Taylor to lead global beauty

In a senior-level reorganization aimed at “improving strategies,” Procter & Gamble Co. has expanded the role of David Taylor and placed him in charge of the company’s global beauty business, according to published reports.

Dasani Drops Infusions add touch of flavor to water

Dasani is providing another way to enjoy water with the launch of Dasani Drops Infusions.

Bristol-Myers Squibb names Caforio CEO; Andreotti to become chairman

In a changing of the guard, Bristol-Myers Squibb Co. has named chief operating officer Giovanni Caforio as chief executive officer, succeeding Lamberto Andreotti, who will become chairman.

EcoTools ushers in 2015 with spate of new offerings

EcoTools has introduced a collection of new products for 2015, ranging from "super-soft" makeup brushes, to a hair brush that expedites drying and detangling, and to new-look bath accessories.

More Supplier News Breaks >>
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