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LEADING HEADLINES

New IRI research reveals consumer sentiment has bounced back in Q2 2021

New IRI research reveals consumer sentiment has bounced back in Q2 2021

CHICAGO – Consumer sentiment is on the rise after the unprecedented circumstances of 2020 took a toll on the financial health of many Americans. Amidst economic growth and declining unemployment rates, IRI® Consumer Connect™ survey Q2 2021 results show that consumers reported a better financial state compared to

Cardinal Health completes sale of Cordis business to Hellman & Friedman

Cardinal Health completes sale of Cordis business to Hellman & Friedman

DUBLIN, Ohio —  Cardinal Health  and Hellman & Friedman (H&F) announced Monday the completion of the previously announced sale of Cardinal Health’s Cordis business to H&F. The sale price of approximately $1 billion includes the buyer’s assumption of certain liabilities and the seller’s retention of certain

NACDS gets American Society of Association Executives Power of A Gold Award for advocacy

NACDS gets American Society of Association Executives Power of A Gold Award for advocacy

ARLINGTON, Va. — NACDS has been named a 2021 Power of A Gold Award winner for its COVID-19 Pharmacy and Public Empowerment Campaign. The award recognizes NACDS’ advocacy for policy changes at the state and federal levels that have further empowered pharmacies’ COVID-19 response and, most

Hy-Vee introduces Hy-Vee Medicare Aisle 

Hy-Vee introduces Hy-Vee Medicare Aisle 

WEST DES MOINES, Iowa — Hy-Vee, Inc. announced Monday the launch of Hy-Vee Medicare Aisle, an agency dedicated to serving Medicare beneficiaries across its eight-state region. Hy-Vee Medicare Aisle is the newest offering to Hy-Vee Financial Services, fueled by Midwest Heritage, Hy-Vee’s banking, insurance and

CVS, Target and Walmart launch sustainable plastic bag pilots

CVS, Target and Walmart launch sustainable plastic bag pilots

NEW YORK – The Consortium to Reinvent the Retail Bag is launching  a series of tests and first-of-a-kind multi-retailer pilots from CVS Health, Target and Walmart to advance sustainable alternatives to the single-use plastic bag and accelerate their potential to scale. The pilots will help

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RETAIL NEWS

Meijer looks at back to school trends

GRAND RAPIDS, Mich. — When it comes to families teaming up for back-to-school shopping, Meijer reveals self-expression is a key consideration as students and parents are checking items off their lists this summer. The Midwestern retailer says their enthusiasm for a return to classroom learning

Amazon’s sales growth slows in Q2

SEATTLE — Amazon on Thursday reported net sales of $113.1 billion for the second quarter, an increase of 27% compared with the same period last year. That result fell short of analysts’ expectations, and the company’s stock fell in after-hours trading. Like many retailers, Amazon

Good Neighbor Pharmacy hosts virtual ThoughtSpot 2021 Conference and Trade Show

VALLEY FORGE, Pa. —  On Thursday, AmerisourceBergen and Good Neighbor Pharmacy kicked off the final day of ThoughtSpot, Good Neighbor Pharmacy’s annual conference and trade show representing its commitment to supporting independent pharmacies as community health care destinations and providing resources to optimize their business

Albertsons Cos.’ Q1 sales slip as demand falls

BOISE, Idaho — Albertsons Cos. reported $21.3 billion in revenue for the first quarter, down from $22.8 billion during the same quarter last year. That decline was primarily driven by a 10% decrease in identical store sales, caused by reduced demand compared to the pandemic-induced

Meijer to host supplier diversity product showcase

GRAND RAPIDS, Mich. — Meijer announced Thursday that it will host a supplier diversity product presentation event in September, giving Michigan businesses owned by Black, Indigenous and people of color the opportunity to showcase their offerings for interested Meijer merchants. The event will leverage the retailer’s partnership with Start Garden,

SUPPLIER NEWS

Camber adds 5 mg strength to their baclofen portfolio

PISCATAWAY, N.J. —Camber Pharmaceuticals has added the 5 mg strength to their current product portfolio for baclofen tablets, which is the generic version of Lioresal. Baclofen tablets are used to treat muscle pain, spasms, and stiffness in people with multiple sclerosis or spinal cord injury or disease. Baclofen tablets from Camber

P&G names Jon Moeller to be next president and CEO

CINCINNATI — Procter & Gamble Co. announced Thursday that Jon Moeller, currently vice chairman and chief operating officer, will succeed David Taylor as president and chief executive officer, effective November 1. Taylor will become executive chairman. “We thank David for his strategic leadership and guidance

Petco partners with ECRM, RangeMe on Sustainability Vendor Summit

SAN DIEGO – Petco Health and Wellness Co., a complete partner in pet health and wellness, will host its first-ever Sustainability Vendor Summit on Sept. 22, 2021 as part of the company’s public commitment to increase its assortment of sustainable pet products to 50% by the end

Pink honored with award from NBCF in first year of partnership

RONKONKOMA, N.Y. – Pink, the vitamin and supplement brand created by women for women with a cause, was recently awarded the Bronze Partner Award from National Breast Cancer Foundation (NBCF). NBCF bestowed this prestigious honor upon Pink due to their continued alliance and generous donations

Revlon x Megan Thee Stallion Hot Girl Sunset Collection debuts

NEW YORK — Revlon announced today that new Revlon x Megan Thee Stallion Hot Girl Sunset Collection will launch exclusively on StockX via DropX, the direct-to-consumer product release method powered by the leading global e-commerce marketplace for consumers of current culture. Limited to just 450 sets, access