LEADING HEADLINES

Rite Aid hires risk management executive

Rite Aid hires risk management executive

CAMP HILL, Pa. — Risk management professional Paul Zikmund is joining Rite Aid Corp. as group vice president of risk and controls, a newly created position. Rite Aid said Monday that Zikmund will oversee risk management for Rite Aid and its subsidiaries, including RediClinic, Health

Cardinal Health wraps up purchase of Harvard Drug

Cardinal Health wraps up purchase of Harvard Drug

DUBLIN, Ohio — Cardinal Health Inc. has closed its $1.115 billion acquisition of pharmaceutical distributor Harvard Drug Group. Cardinal said Monday that the all-cash deal, announced in early June, will boost its generic drug distribution business as well as expand its over-the counter drug product

Rite Aid shows sales gains for June

Rite Aid shows sales gains for June

CAMP HILL, Pa. — Rite Aid Corp. posted a 2.4% same-store sales gain for June. Front-end comparable-store sales increased 0.3% over the prior-year period. Pharmacy same-store sales, which included a negative impact from new generic introductions of about 226 basis points, increased 3.4%. Prescription count

Drug supply tracing deadline extended

Drug supply tracing deadline extended

WASHINGTON — Pharmacies have a four-month extension — until November 1 — to comply with the full scope of new dispenser tracing requirements under the Drug Supply Chain Security Act (DSCSA). The Food and Drug Administration issued a guidance yesterday saying it would not take

Ellis retires as president and COO of Kroger

Ellis retires as president and COO of Kroger

CINCINNATI – Kroger Co. announced that president and chief operating officer Mike Ellis has retired after four decades with the company. Ellis, 57, will be returning to Portland, Ore., the company said on Tuesday. Ellis started as a parcel clerk at a Fred Meyer store

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RETAIL NEWS

Walmart alters supplier terms

BENTONVILLE, Ark. — Walmart will begin charging most of its suppliers new fees for stocking their products in new stores and for storing them in its warehouses. About 91% of Walmart’s suppliers will be affected, according to a company spokeswoman, who notes that some product

Rite Aid taps executive VP of store operations

CAMP HILL, Pa. — Rite Aid Corp. said Monday that Bryan Everett will join the company as executive vice president of store operations, effective August 3. He will be responsible for all operations at the chain’s nearly 4,600 stores and will report to president and

Rite Aid sponsors Skin Cancer Foundation tour

CAMP HILL, Pa. — For the eighth consecutive year, Rite Aid Corp. is serving as the presenting sponsor of the Skin Cancer Foundation’s annual Road to Healthy Skin Tour. The tour runs through late August and offers free private screenings to the public with the

NCPA unveils agenda for annual convention

ALEXANDRIA, Va. — The National Community Pharmacists Association has announced the preliminary program for its 2015 Annual Convention, scheduled for Oct. 10 to 14 at the Gaylord National Resort and Convention Center in National Harbor, Md., near Washington, D.C. NCPA said Thursday that this year’s

McKesson ideaShare 2015 kicks off

SAN DIEGO — McKesson Corp.’s ideaShare 2015 is underway this week at the San Diego Convention Center. The event, which runs through Saturday, provides an interactive forum for independent pharmacists from across the country to share ideas for growing their businesses, according to McKesson, which

SUPPLIER NEWS

Unilever set to acquire Murad

LONDON and ROTTERDAM, Netherlands — Unilever has entered an agreement to buy clinical skin care brand Murad. The consumer products giant said the deal, terms of which weren’t disclosed, will bolster its position as a key player in the personal care prestige segment following other

New mission for retired military dogs

ST. LOUIS — Five retired military dogs that spent years working in war zones are putting their noses to new uses by helping police in the U.S. combat methamphetamine and other drugs, thanks in part to financial support from Westport Pharmaceuticals. The animals are being

Dr. Reddy’s launches new logo and identity

PRINCETON, N.J. — Dr. Reddy’s Laboratories has launched a new logo and new brand initiative under the theme Good Health Can’t Wait. The new logo is described as an expression of empathy and dynamism, which helps keep patients at the center of everything that Dr.

Catalina makes circular more relevant to shoppers

ST. PETERSBURG, Fla. — Catalina is enabling retailers to target individual consumers with My Favorite Deals, an omnichannel listing of the most relevant upcoming deals for a particular shopper. Announced this week, the list of five deals can be printed out in stores or viewed

ECRM Data names Zannelli senior vice president of sales

SOLON, Ohio – Efficient Collaborative Retail Marketing has tapped retail and consumer packaged goods data sales and business development veteran Jennifer Zannelli to serve as senior vice president of sales for ECRM Data. Zannelli will lead strategic sales initiatives for the unit and will help

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