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LEADING HEADLINES

Walmart to leave two CVS Caremark networks

Walmart to leave two CVS Caremark networks

WOONSOCKET, R.I. — CVS Health  announced Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks. Such a transition must place patient care as the highest priority and, as such, CVS Caremark has requested that

CRN announces new chairman, 2019 board of directors

CRN announces new chairman, 2019 board of directors

WASHINGTON — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, is pleased to announce that David Campbell, vice president, NA Regulatory Affairs and Policy, RB Health, has been elected chair of the association’s board of

Heffernan offers exclusive insurance program for pharmacy owners

Heffernan offers exclusive insurance program for pharmacy owners

WALNUT CREEK, Calif. — Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, now offers a comprehensive insurance program specifically for retail pharmacies. Heffernan works exclusively with pharmacy owners across the country and has seen firsthand how California pharmacy owners

CVS announces $100 million community commitment following Aetna deal

CVS announces $100 million community commitment following Aetna deal

WOONSOCKET, R.I. — Following its completed acquisition of Aetna, CVS Health has announced a $100 million commitment to making community health and wellness central to the newly combined company’s charge for a better world. The new Building Healthier Communities initiative, which will be funded over five years through the combined company

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RETAIL NEWS

Loblaw’s president Davis to assume more responsibilities

BRAMPTON, Ontario —  Loblaw Cos. announced that Sarah Davis will assume expanded responsibilities in her role as president. In addition to day-to-day oversight of Loblaw’s business performance, she adds full responsibility for the company’s 13-member Management Board, and expands her direct-reporting lines with the addition

GIANT Unveils Marty the Robot

CARLISLE, Pa. — GIANT Food Stores said Monday it is introducing a robotic assistant — named Marty — to its 172 stores to identify hazards, such as liquid, powder and bulk food spills, and provide reporting that enables quick corrective action. “Bringing robotics and AI

Albertsons Cos.’ third quarter earnings jump 51%

BOISE, Idaho — Albertsons Cos.’ third quarter adjusted EBITDA rose 51.4% to $649.7 million, driven by an identical-store sales gain, increased gross profit and cost cutting. Sales and other revenue in the 12 weeks ended December 1 increased 1.8% from a year earlier to $13.8 billion,

Kat Von D Beauty teams up with Sephora

SAN FRANCISCO — Kat Von D Beauty invites Sephora Beauty Insiders to celebrate their birthday with a complimentary mini-set of its award-winning, high-performance vegan products. One of the exclusive makeup offerings available throughout all of 2019, the set features sample sizes of three of Kat Von

SUPPLIER NEWS

Yellow Wood Partners announces senior leadership changes at Paris Presents

BOSTON — Yellow Wood Partners, a Boston-based private equity firm focused on investing in consumer brands and companies, announced changes to the senior leadership team, effective March 1, at its portfolio company Paris Presents, Inc., a rapidly growing provider of branded cosmetic and bath accessories. As part of

RE Botanicals achieves USDA organic hemp CBD milestone

BOULDER, Colo. — RE Botanicals announced they have received their organic certification by the USDA (United States Department of Agriculture) National Organic Program for U.S. grown hemp. The USDA protects consumer options by allowing brands to obtain the USDA organic logo which ensures their products are grown

Unilever launches second U.S. home care brand

ENGLEWOOD CLIFFS, N.J. — Unilever on Tuesday unveiled its second plant-based home care brand in the U.S.,  Love Home and Planet. Designed around sustainability and building on the success of the company’s Love Beauty and Planet, which was launched a year ago, Love Home and

Ryan Wilson joins Bayer

WHIPPANY, N.J. — Ryan Wilson has been hired by Bayer Consumer Health U.S. as the new chief customer officer and senior vice president of sales.  He brings to the position a variety of key experiences and industry knowledge to this integral leadership role at Bayer.