CHICAGO — In March 2024, U.S. retail sales revenue and unit demand, including both discretionary general merchandise and consumer packaged goods (CPG), grew 2% compared to the same month last year. However, retail sales during the week ending April 6, 2024 declined across all retail segments when compared to the week of Easter 2023, according
NEW YORK — According to published reports in Seeking Alpha, Rite Aid has postponed a key court hearing related to its reorganization plan, noting that it requires additional time to include creditor agreements in its legal documents. “We need a little bit more time,” Bloomberg News reported, quoting Rite Aid’s attorney Aparna Yenamandra as saying during a court
DEERFIELD, Ill. — Walgreens is calling on the public to help in the fight against prescription drug abuse by taking part in National Prescription Drug Take Back Day on Saturday, April 27th, 2024. Drug take back days are reserved annually for the safe disposal of unwanted, unused, or expired medications. Walgreens has more than 1,550
SALEM, OR – The National Association of Chain Drug Stores (NACDS) is applauding today the enactment of Oregon House Bill (HB) 4149. The measure, which was signed into law by Governor Tina Kotek (D), will help reduce prescription drug costs and preserve Oregonians’ vital access to pharmacy care by holding pharmacy benefit managers (PBM) accountable. Of
PARSIPPANY, N.J. — Dr. Scholl’s, the most trusted brand in foot care, announced today an exciting partnership with history-making, three-time gold medalist Gabby Douglas, to share her secrets for keeping her feet in competition-ready shape. This collaboration aims to educate on the importance of proper foot care to serve as the groundwork for success, on and
The National Association of Chain Drug Stores (NACDS) is calling attention to the following press release issued today by the Health Care Payment Learning and Action Network (HCPLAN). In sharing the news, NACDS President and CEO Steven C. Anderson said, “We are thrilled that NACDS has been selected to join this impressive group, which, first and foremost,
WEST DES MOINES, IOWA — Today, Hy-Vee, Inc. announced that it is in the process of acquiring the Strack & Van Til Food Market chain (also known as Indiana Grocery Group, LLC), which has store locations throughout Northwest Indiana. “As our company continues to expand into Indiana and the Southeast region, Strack & Van Til’s
PISCATAWAY, N.J. — Camber Pharmaceuticals has introduced fesoterodine fumarate extended-release tablets. According to the Cleveland Clinic, approximately 33 million Americans struggle with overactive bladders, impacting about 30% of adult males and 40% of adult females nationwide. Fesoterodine fumarate extended-release tablets are indicated for the treatment of overactive bladder (OAB) in adults with symptoms of urge urinary
WASHINGTON — The Association for Accessible Medicines, the leading trade association for generic and biosimilar manufacturers, commented on an analysis released yesterday by Avalere showing that Medicare plans increase patient costs for generic medicines by moving those medicines to more expensive formulary tiers. In 2011, 73% of generic drugs analyzed by Avalere were placed on Tier 1, which
WASHINGTON – The Health In Hand Foundation is now accepting nominations for its 2024 U.S. Self-Care Marketing Awards. Winners will be announced at the ninth annual Health In Hand Foundation Gala on Nov. 13 at The Bellevue Hotel in Philadelphia. At this year’s Gala, the Health In Hand Foundation will present the 2024 U.S. Self-Care
WOONSOCKET, R.I. — CVS Health announced that it is opening Oak Street Health primary care clinics at some of its retail pharmacy stores. CVS Health acquired Oak Street Health in May of 2023, picking up about 169 medical centers in 21 states. The acquisition was aimed to broaden CVS Health’s value-based primary care platform and
PHILADELPHIA– Rite Aid Corp. proudly unveils its latest collaboration with Melting Moments, the beloved nearly four-decade-old Michigan-born ice cream sensation, enriching Lansing’s dessert scene. Customers at select Lansing-area Rite Aid locations can now treat themselves to the famed hand-crafted ice cream cookie sandwiches, an iconic community staple. Melting Moments is renowned for its meticulous handcrafting of melt-in-your-mouth frozen treats, using
FARGO, N.D. – When it comes to rigorous scientific testing, many companies that offer vitamins and supplements have simply missed the mark. So says Krishna Rajendran, founder of Karallief, an herbal supplement company focused specifically on providing science-based herbal formulas that promote health and wellness. Swanson Health, he says, isn’t your average company. “When you look at
WOONSOCKET, R. I — Two CVS stores close to CVS Health’s headquarters in Rhode Island have filed petitions to join the Pharmacy Guild, which is building a national pharmacy union, one organizer confirmed to MedCity News on Monday. The news was first reported by USA Today. One of the CVS stores is in Wakefield, while the
