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May 25, 2013

TOP STORY

Lafley returns as P&G's CEO; McDonald to retire

A.G. Lafley

A.G. Lafley has rejoined Procter & Gamble as president and chief executive officer, taking over those posts from Robert McDonald, who is retiring next month.

The change, effective immediately, marks a reversal of P&G's previous CEO succession. McDonald had succeeded Lafley as P&G's CEO in July 2009 and then was announced as its chairman in December 2009, taking over from Lafley, who retired from the company early the next year.

"A.G.'s track record and his depth of experience at P&G make him uniquely qualified to lead the company forward at this important time," stated Jim McNerney, presiding director of P&G's board.

 

RETAIL NEWS BREAKS

Target brings beauty concierge to more stores

Target Corp. has added beauty concierges in 96 stores in the Los Angeles and Orange County area.

Ex-NCPA president testifies on compounding

Former National Community Pharmacists Association president Joseph Harmison testified at a House committee hearing that examined regulation of pharmacy compounding.

Walgreens shuts tornado-damaged store in Okla.

Walgreen Co. said one of its stores in Moore, Okla., has been temporarily closed after sustaining severe damage from this week's devastating tornado.

NACDS: Don't force TRICARE patients to mail order

The National Association of Chain Drug Stores has urged a House committee to reject proposals that could force military families and veterans to get prescriptions via mail order, possibly hiking costs for the TRICARE program.

Ralphs, Vons pharmacies provide diabetes guidance

Ralphs and Vons pharmacies have partnered with UnitedHealthcare and the YMCA to help Los Angeles County employees and their families prevent and manage diabetes.

Lawmakers back pharmacy deliveries of diabetes supplies

Forty-three U.S. representatives are questioning Medicare's decision to prohibit community pharmacies from providing same-day home delivery of diabetes testing supplies to homebound seniors.

PCAB shifts to unannounced inspections of compounding pharmacies

The Pharmacy Compounding Accreditation Board (PCAB) has approved a policy of unannounced surveys of pharmacies up for renewal and on an interim basis.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Vaseline enlists Nia Vardalos for spray lotion campaign

Vaseline has teamed up with actress and author Nia Vardalos in a promotional campaign for its Vaseline Spray & Go Moisturizer 360-degree spray lotion.

Cool Gear beverage container debuts at CVS

Cool Gear International has launched its new coolgearcan, designed to help keep beverages cold, in CVS/pharmacy stores nationwide.

Longtime Forest Labs CEO plans to retire

Howard Solomon is slated to retire as president and chief executive officer of Forest Laboratories Inc. at the end of this year.

Perrigo's stock to move to NYSE

Perrigo Co. is transferring its U.S. common stock listing to the New York Stock Exchange (NYSE) from the Nasdaq Global Select Market.

Duchesnay USA releases morning sickness pill

Duchesnay USA has shipped Diclegis, a medication for morning sickness, to pharmacies nationwide.

Elite Pharmaceuticals COO to step down

Chris Dick, president and chief operating officer at Elite Pharmaceuticals Inc., plans to leave those posts and the company's board of directors later this month.

Kellogg appoints U.S. sales president

Darcey Macken has been promoted to president of U.S. sales at Kellogg Co.

More Supplier News Breaks >>
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