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March 02, 2015

TOP STORY

Shoppers Drug Mart's sales climb in 4Q

Shoppers Drug Mart saw robust growth in prescription count and increased sales for its 2014 fourth quarter.

Revenue was up in both the front end and pharmacy during the quarter, with scripts dispensed at retail rising 13.8% overall and 6% on a same-store basis, according to parent company Loblaw.

The drug chain also posted strong growth in adjusted EBITDA and gross profit.

 

RETAIL NEWS BREAKS

Diplomat to acquire infusion specialist BioRx

Diplomat Pharmacy Inc. plans to buy pharmacy and infusion services company BioRx LLC.

Ontario, B.C. pharmacists to coach on heart health

The Ontario Pharmacists Association and the British Columbia Pharmacy Association have teamed up with Green Shield Canada to launch a pharmacist counseling service focusing on cardiovascular health.

AmerisourceBergen wraps up purchase of MWI

AmerisourceBergen Corp. has finalized its acquisition of animal health wholesaler MWI Veterinary Supply Inc.

N.Y. attorney general widens supplements probe

The New York Attorney General's Office has sent letters to four manufacturers of dietary supplements requesting information on the ingredients and quality control measures used for their products sold in the state.

Walgreens expands use of analytics at Healthcare Clinics

Walgreens is broadening its use of patient care analytics under an expanded relationship with clinical health technology provider Inovalon.

U.S. Chamber of Commerce exec tabbed for NACDS-PAC keynote

Bruce Josten, the U.S. Chamber of Commerce's executive vice president for government affairs, will be the keynote speaker for the NACDS Political Action Committee (NACDS-PAC) breakfast at the 2015 National Association of Chain Drug Stores Annual Meeting.

CDMA announces 2015 board of directors

The Chain Drug Marketing Association (CDMA) has introduced the executive committee and members of its 2015 board of directors.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

Van der Hagen debuts new Shave Butter at Rite Aid

Van der Hagen Enterprises has landed retail distribution for its new Shave Butter at Rite Aid.

Pharmacists give thumbs-up to DripDrop

Oral rehydration solution DripDrop has earned the support of pharmacists.

Kleenex teams with fashion designer on new tissue collection

Kleenex has introduced a new line of facial tissue with eye-catching package designs created with renowned fashion designer Betsey Johnson.

Upsher-Smith turns spotlight on innovative pharmacists

Upsher-Smith Laboratories Inc. has honored the 2014 recipients of the National Alliance of State Pharmacy Associations (NASPA) Excellence in Innovation Award.

Inergetics promotes national sales executive

Nutritional supplement maker Inergetics Inc. has promoted Scott Zitiello to vice president of national sales.

Schick rolls out Hydro Silk TrimStyle razor/bikini trimmer

Energizer Personal Care has launched of the Schick Hydro Silk TrimStyle, which the company called the only two-in-one hydrating razor and waterproof bikini trimmer.

Valeant to acquire Salix for $14.5 billion

Valeant Pharmaceuticals International Inc. plans to buy Salix Pharmaceuticals Ltd. in a cash deal valued at $14.5 billion.

More Supplier News Breaks >>
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