IRI_1170x120

LEADING HEADLINES

Former Walgreens merchandising exec Pugh joins Fred’s

Former Walgreens merchandising exec Pugh joins Fred’s

MEMPHIS, Tenn. — Former Walgreen Co. executive Bryan Pugh has been hired by Fred’s Inc. as chief merchandising and marketing officer. The discount general merchandise chain said late Wednesday that Pugh will develop new merchandising and marketing strategies and processes as well as enhance current

Chain drug industry backs ‘better, smarter’ care

Chain drug industry backs ‘better, smarter’ care

WASHINGTON — The National Association of Chain Drug Stores joined President Barack Obama and Secretary of Health and Human Services Sylvia Burwell at the White House to launch the Health Care Payment Learning and Action Network, whose participants include Rite Aid, Walgreens and Walmart. Announced

Heinz, Kraft unveil merger deal

Heinz, Kraft unveil merger deal

PITTSBURGH and NORTHFIELD, Ill. — H.J. Heinz Co. and Kraft Foods Group Inc. plan to merge, creating the world’s fifth-largest food and beverage company, with annual revenue of $28 billion. Heinz and Kraft said Wednesday that the combined company will be called The Kraft Heinz

Shoppers Drug Mart aims to empower pharmacists

Shoppers Drug Mart aims to empower pharmacists

TORONTO — Shoppers Drug Mart and Canadian insurer Great-West Life have released a report showing the positive impact of pharmacist interventions in diabetes management. Canada’s largest drug chain said Tuesday that the study, “Sustainable Solutions Report: Pharmacist Interventions in Diabetes,” demonstrates how pharmacists supported diabetes

Diplomat launches follow-on stock offering

Diplomat launches follow-on stock offering

FLINT, Mich. — Diplomat Pharmacy Inc. has begun a follow-on public offering of 7.4 million shares of its common stock. The independent specialty pharmacy said late Monday that it’s selling 4.4 million shares of common stock, and certain shareholders are selling 3 million shares of

INNOVATION_728x90

RETAIL NEWS

NABP sets date for .pharmacy applications

MOUNT PROSPECT, Ill. — The National Association of Boards of Pharmacy (NABP) plans to start accepting applications for .pharmacy domain names from all dispensing pharmacies on April 1. Applications from dispensing pharmacies will be accepted until April 30, and approved pharmacies may begin to register

Fred’s to acquire specialty pharmacy

MEMPHIS, Tenn. — Fred’s Inc. plans to acquire specialty pharmacy EntrustRx as part of a $66 million deal. The Southeastern discount store chain said Wednesday that it will buy Reeves-Sain Drug Store Inc., a specialty and retail pharmacy company based in the greater Nashville, Tenn.,

Rexall appoints vice president of pharmacy

TORONTO — Erik Botines has joined Rexall as vice president of pharmacy. The Canadian drug chain said Botines comes to the company from Shoppers Drug Mart, where he held senior management positions and was responsible for pharmacy business development, pricing and patient services. At Rexall, Botines

B.C. pharmacies take part in genomics project

VANCOUVER, British Columbia — Twenty-two pharmacies in rural and urban locations across British Columbia are participating in a research project to examine how DNA impacts medication selection and dosage. The British Columbia Pharmacy Association (BCPhA) said Thursday that the “Genomics for Precision Drug Therapy in

Rite Aid to fund EnvisionRx buy with $1.8 billion bond offering

CAMP HILL, Pa. — Rite Aid Corp. plans a $1.8 billion bond offering to finance its pending acquisition of pharmacy benefit manager Envision Pharmaceutical Services (EnvisionRx). Rite Aid said late Wednesday that it will offer $1.8 billion of senior unsecured notes due in 2023. Plans

SUPPLIER NEWS

Emerson Group makes flurry of exec appointments

WAYNE, Pa. — The Emerson Group has announced a series of executive appointments, including the hiring of a chief operating officer and an expanded role for president Rick Wellinger. The consumer products consulting and services firm, now in its 20th year of business, said late

Mederma kicks off ‘One Word’ ad campaign

ROCHESTER, N.Y. — Mederma has launched a new advertising campaign that focuses on the experiences of real users of the scar care brand’s products. Called “One Word,” the ad campaign highlights the confidence-boosting and emotional benefits of using Mederma. Created in partnership with agency of

Sunstar expands GUM kids licensed toothbrush lineup

CHICAGO — Sunstar Americas Inc. has added three new lines of children’s toothbrushes featuring characters from Saban’s Power Rangers, Lalaloopsy and DreamWorks Animation’s How to Train Your Dragon 2. Due to roll out to retail stores next month, the new “fun” toothbrushes will expand the

Zarbee’s launches baby vitamins, supplements

SALT LAKE CITY — Zarbee’s Naturals has introduced a range of baby vitamins and supplements for infants and toddlers. The homeopathic medicine brand said Tuesday that the new line, now available exclusively at Target stores nationwide, includes a baby probiotic supplement, baby vitamin D supplement,

Apotex exec to chair Canadian Generic Pharmaceutical Association

TORONTO — Jeff Watson, president of global generics at Apotex, has been elected as chairman of the Canadian Generic Pharmaceutical Association (CGPA). CGPA also said Monday that Larry MacGirr, chief operating officer of Pharmascience, has been elected as the association’s vice chairman. “It is an honor

IRI_728x90