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LEADING HEADLINES

Grubhub grows convenience offering with CVS Pharmacy

Grubhub grows convenience offering with CVS Pharmacy

CHICAGO — Grubhub is now offering inventory of thousands of wellness, beauty, household and other convenience items from CVS Pharmacy on the Grubhub Marketplace. More than 6,000 CVS locations are available on Grubhub across 48 states. With daylight saving time around the corner on March 10, Grubhub

Cowhey to speak at Raymond James Institutional Investors Conference

Cowhey to speak at Raymond James Institutional Investors Conference

WOONSOCKET, R.I. – CVS Health announced that executive vice president and chief financial officer Tom Cowhey will participate in a fireside chat with investors at the 45th Annual Raymond James Institutional Investors Conference on March 5, 2024 at approximately 9:50 a.m. ET. An audio webcast

Loblaw to invest over $2 billion to open more than 40 additional stores

Loblaw to invest over $2 billion to open more than 40 additional stores

BRAMPTON, ON – Loblaw Cos., Canada’s food and pharmacy retail leader, expects to invest more than $2 billion dollars into the Canadian economy in 2024. This record investment reflects Loblaw’s commitment to enhancing its store network, creating job opportunities, and improving accessibility to affordable food and healthcare services

Jobby John honored with NASPA Excellence in Innovation Award

Jobby John honored with NASPA Excellence in Innovation Award

MAPLE GROVE, Minn – Upsher-Smith Laboratories and the National Alliance of State Pharmacy Associations (NASPA) are pleased to announce that Jobby John, CEO and Founder of Nimbus Healthcare has been awarded a prestigious NASPA Excellence in Innovation Award. The award was presented by The Texas

CVS Health invests nearly $35 million in affordable housing in Hawaii

CVS Health invests nearly $35 million in affordable housing in Hawaii

WOONSOCKET, R.I. — CVS Health announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii. Located in Lahaina, Maui and Kapolei, Oahu, the communities will also offer residents supportive social and educational programs tailored to address their specific needs. In addition to

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RETAIL NEWS

Walgreens shares drop after Dow exit

DEERFIELD, Ill. — According to published reports, shares of Walgreens Boots Alliance (WBA) traded lower on Wednesday in the premarket after S&P Dow Jones Indices announced the latest changes to its famous Dow Jones Industrial Average (DJI), removing the U.S. pharmacy chain from the 30-stock

Walmart posts 5.7% revenue gain in Q4

BENTONVILLE, Ark – Walmart Inc. posted revenue growth of 5.7% in the fourth quarter, including a 4% comp sales gain in its Walmart U.S. division. “Our team delivered a great quarter, finishing off a strong year,” chief executive officer Doug McMillon said in a statement.

PLMA names Albertsons’ Brown as keynote speaker at conference

NEW YORK  — Brandon Brown, senior vice president of Own Brands at Albertsons Companies, is the keynote speaker of the PLMA 2024 Annual Meeting & Leadership Conference, March 20-22 in San Antonio. This cutting-edge event at the Hyatt Regency San Antonio Riverwalk will focus on trends, issues and

Hy-Vee makes donation to Caitlin Clark Foundation

WEST DES MOINES, Iowa  — Last night, in the first quarter of the University of Iowa’s women’s basketball game against Michigan, Caitlin Clark became the NCAA Division I highest scoring female basketball player in NCAA history. Today, Hy-Vee announced that it is donating $35,690 to the

Target unveils lower-priced brand called dealworthy

MINNEAPOLIS—Target Corp. has introduced its new low-price owned brand, dealworthy, designed to give consumers incredible value on nearly 400 everyday basics. With dealworthy, Target is offering more options at lower prices, starting at less than $1, while strengthening its portfolio of owned brands. dealworthy also is backed by

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SUPPLIER NEWS

Innovative CBD lubricant enriched with prebiotics now available in U.S.

NEW YORK — Quanna, a leading self-care and sexual wellness brand, has introduced Oomf, an award-winning, all-natural water-based lubricant enriched with premium-grade CBD and prebiotics, to the US market. Crafted under the discerning eye of expert gynecologists, Oomf boasts a unique formulation designed to support

Nature Made introduces Advanced Multivitamin Gummies

WEST HILLS, Calif. — Nature Made has expanded its existing Multivitamin portfolio with the launch of Nature Made Advanced Multivitamin Gummies, a new line of easy-to-take gummies curated to address common dietary shortfalls. Key vitamins and minerals play vital and unique roles in the body

Valdez is COO of Greater Than One

NEW YORK — Jason Valdez has been promoted to chief operating officer of Greater Than One, a media marketing and technology agency focused on healthcare. He is responsible for overall operations and ensuring the agency’s mission of building better healthcare experiences for customers. He will

Cepham introduces Senolytics inspired by Ayurveda and TCM for sustainable aging

SOMERSET, N.J. — Cepham, a leader in Ayurvedic nutraceuticals research and sustainable self-care solutions, has announced the expansion of its Sustainable Aging product line to include senolytics, aimed at redefining approaches to healthy aging. Senescent cells are colloquially known as “zombie cells” among scientists, due

Vaseline unveils ‘Mended Murals’ Initiative

ENGLEWOOD CLIFFS, N.J. — Vaseline shares the belief that all skin deserves to be celebrated and seen. However, skin health care for people of color has long been an afterthought due to systemic racism and healthcare inequities, leading to worse outcomes and increased mortality rates

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