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December 19, 2014


Rite Aid 3Q earnings top Wall Street's forecast

Rite Aid Corp. posted fiscal 2015 third-quarter earnings per share well above Wall Street's projections.

The company attributed the increase mainly to an increase in adjusted EBITDA, which was driven by gains in front-end and pharmacy gross profit resulting from higher prescription sales and lower generic drug costs arising from the transition to a new distribution pact with McKesson Corp.



Target announces leadership changes

Target Corp. has expanded the roles of some of its top executives, a move that chairman and chief executive officer Brian Cornell said will help the retailer spur its business, fuel its digital transformation and enhance the customer experience.

Pharmacies recognized in UnitedHealth adherence challenge

Giant Eagle, Publix Super Markets, Fred's and Wegmans Food Markets pharmacies were among the winners of this year's UnitedHealthcare Medication Adherence Targeted Intervention Program Challenge, benefiting the National Association of Chain Drug Stores Foundation.

McKesson solution helps pharmacists offer Rx savings

McKesson Patient Relationship Solutions (MPRS) has launched LoyaltyScript@Retail, a solution designed to give pharmacists a convenient way to provide patients with savings and enhanced care at the point of dispensing.

Merlo: CVS is 'winning in the marketplace'

With its integrated model of retail pharmacy, pharmacy benefit management, retail clinic and specialty pharmacy businesses, CVS Health is well-positioned to meet the changing needs of payors, providers and customers as they navigate the health care landscape, president and chief executive officer Larry Merlo said at the company's annual Analyst Day in New York.

Rite Aid's Health Dialog earns NCQA accreditation

Rite Aid Corp. subsidiary Health Dialog has received Patient Oriented Accreditation from the National Committee for Quality Assurance (NCQA) for its disease management programs.

MinuteClinic adds locations in Nevada

MinuteClinic is expanding its presence in Nevada with the opening of new walk-in medical clinics in the northern part of the state.

Kroger CEO elected as chairman

Kroger Co. chief executive officer Rodney McMullen has been elected chairman, taking the reins from David Dillon, who is retiring.

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Kraft Foods chairman to become CEO

John Cahill, chairman of Kraft Foods Group Inc., is slated to add the title of chief executive officer, succeeding Tony Vernon, who is retiring.

Aquaphor partners with TV celebrity Brooke Burke

Beiersdorf Inc. brand Aquaphor has teamed up with actress and television celebrity Brooke Burke.

Pharmavite acquires whole food supplement maker FoodState

Pharmavite LLC has acquired FoodState Inc., a manufacturer of whole food supplements sold under the MegaFood and Innate Response brands.

Coca-Cola appoints chief customer officer

Julie Hamilton has been named chief customer and commercial leadership officer at The Coca-Cola Co.

CeraVe to expand skin care lineup

Early next year, Valeant Pharmaceuticals North America plans to add four new products to its CeraVe skin care line.

Topical BioMedics launches fibromyalgia pain relief cream

Topical BioMedics has introduced MyPainAway Fibro Cream, a new topical pain reliever for people with fibromyalgia.

Johnson & Johnson names consumer worldwide chairman

Johnson & Johnson has hired former Procter & Gamble Co. executive Jorge Mesquita as worldwide chairman for the Johnson & Johnson Family of Consumer Companies.

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