Kraft Heinz pulls $143 billion bid for Unilever

Kraft Heinz pulls $143 billion bid for Unilever

NEW YORK — Food giant Kraft Heinz Co. has rescinded its bid to acquire consumer products behemoth Unilever plc. In a joint statement on Sunday, the companies said Kraft Heinz “has amicably agreed to withdraw its proposal for a combination of the two companies.” Published

CVS’ removal of tobacco cuts retail cigarette purchases

CVS’ removal of tobacco cuts retail cigarette purchases

WOONSOCKET, R.I. — CVS Health’s removal of tobacco products from its drug stores over two years ago continues to impact retail cigarette sales. A new study from the CVS Health Research Institute, published online Thursday in the American Journal of Public Health, found that dropping

Walgreens chief merchant Linda Filler to depart

Walgreens chief merchant Linda Filler to depart

DEERFIELD, Ill. — Walgreens chief merchant Linda Filler is leaving the drug chain effective April 1. A Walgreens Boots Alliance (WBA) spokesman on Wednesday confirmed the departure of Filler, who holds the titles of president of retail products as well as chief merchandising and marketing

President Donald Trump meets with retail CEOs

President Donald Trump meets with retail CEOs

WASHINGTON — Promoting his economic platform with business leaders, President Donald Trump today met with top retail executives at the White House. Focusing on Trump’s plank of job creation, simplification of the tax code and reduced regulatory red tape, the Wednesday morning meeting was a

Shakeup in the U.S. health insurance market

Shakeup in the U.S. health insurance market

NEW YORK — More turbulence has hit the health insurance sector with the apparent breakup of the Anthem-Cigna merger and Humana Inc.’s plan to pull out of the exchange market. Anthem Inc. on Wednesday said it has filed a lawsuit in the Delaware Court of



CVS Health makes Fortune ‘Most Admired Companies’ list

WOONSOCKET, R.I. — CVS Health has been named as one of the “World’s Most Admired Companies” by Fortune magazine. CVS came in at No. 45 on the corporate rankings list, which put it among the top 50 “all-stars” on this year’s Fortune Most Admired Companies

Rite Aid expands no-Rx access to naloxone

CAMP HILL, Pa. — Rite Aid Corp. is has made the opioid overdose antidote naloxone available without a prescription in six more states. The drug chain said Wednesday that more than 630 Rite Aid pharmacies in Georgia, Louisiana, Tennessee, Utah, Virginia and West Virginia now

Aetna, Humana terminate $37 billion merger

HARTFORD, Conn., and LOUISVILLE, Ky. — After being blocked by a federal court, Aetna Inc. and Humana Inc. have decided to terminate their $37 billion merger deal. The health insurance giants said Tuesday that, with the move, Aetna will pay Humana a $1 billion breakup

Walmart to streamline way it buys for web site

NEW YORK — Walmart plans to streamline its buying process so that the same merchants can purchase products for the retailer’s stores and its web site, according to published reports. The move should help Walmart leverage its considerable buying power to make its online offering

Fred’s appoints senior VPs of merchandising, supply chain

MEMPHIS, Tenn. — Fred’s Inc. has appointed senior vice presidents for general merchandise and consumables merchandising, including the hiring of a former CVS Health executive, and named a senior vice president to oversee its supply chain. The discount and pharmacy retailer said late Monday that


Mayne Pharma releases Bupap generic

GREENVILLE, N.C. — Mayne Pharma Inc. has launched butalbital acetaminophen tablets 50 mg/300 mg, a migraine medication, in the United States. Mayne said Thursday that it will distribute the product, a generic version of Bupap tablets (butalbital acetaminophen 50 mg/300 mg) from Valeant Pharmaceuticals International,

Schwarzkopf rolls out Gliss Hair Repair in Canada

MISSISSAUGA, Ontario — Henkel Canada has launched Gliss Hair Repair by Schwarzkopf, described as the only full product line that specifically addresses hair repair, plus other needs such as color protection and volume. Henkel said Thursday that the Schwarzkopf line, new to Canada, encompasses five

Upsher-Smith, NASPA honor pharmacists

MAPLE GROVE, Minn. — Upsher-Smith Laboratories Inc. and the National Alliance of State Pharmacy Associations (NASPA) have recognized the efforts 43 pharmacists from across the nation with the 2016 NASPA Excellence in Innovation Award. Upsher-Smith said Wednesday that the pharmacists were honored for their outstanding contributions

Omnicell VBM 200F med-pack system aids adherence

MOUNTAIN VIEW, Calif. — Omnicell Inc. has introduced the VBM 200F automated medication packing system, which both fills and checks its SureMed multi-medication blister cards. By automating several steps of the packing process, the Omnicell VBM 200F reduces manual labor and operating costs and lessens

Coca-Cola debuts Sprite Cherry beverages

ATLANTA — The Coca-Cola Co. has added two new cherry-flavored products to its Sprite brand. The beverage giant said that hitting retail store shelves nationwide this week are Sprite Cherry, which comes in an on-the-go 20-ounce PET bottle, and Sprite Cherry Zero, which brings consumers another