April 22, 2024 by Chain Drug Review
Albertsons agree to divest more stores, Kroger
Featured Articles, Leading Headlines, Retail News
CINCINNATI — Kroger Co. and Albertsons Cos. said Monday that they are planning to divest more stores in an effort to satisfy regulators and move their merger plans forward. The companies now intend to sell 579 stores under a revised deal with C&S Wholesale Grocers. That is 166 more than were called for in the
April 22, 2024 by Chain Drug Review
Supplier News
NEW YORK — With over 100 years of providing high-quality care, being a leader in cotton swabs, and an innovator in beauty, Q-tips has officially revamped their packaging to more modern graphics highlighting their superior value. Q-tips cotton swabs are soft, but strong and durable for instant gratification and a caring touch that is better than
April 22, 2024 by Chain Drug Review
Tide and Walmart team up to expand adoption of washing in cold with consumers
Retail News, Supplier News
CINCINNATI — Tide and Walmart, America’s largest retailer2, announced a joint effort today to help Americans make a smart, more sustainable choice in the laundry room – washing in cold – as consumers continue to express desire for more eco-friendly options while lamenting challenges such as cost, effectiveness and convenience. The multi-month campaign, which launched
April 22, 2024 by Chain Drug Review
Cardinal reaffirms fiscal 2024 non-GAAP EPS guidance and long-term targets amidst nonrenewal of OptumRx customer contracts
Business, Leading Headlines, Pharmacy
DUBLIN, Ohio — Cardinal Health announced today that its pharmaceutical distribution contracts with OptumRx, which expire at the end of June 2024, will not be renewed. The company reaffirmed its fiscal 2024 non-GAAP diluted EPS guidance of $7.20 to $7.35. Despite the nonrenewal of the OptumRx contracts, the company also reiterated both its Pharmaceutical and
April 19, 2024 by Chain Drug Review
Dulcolax teams with Jeannie Mai
Supplier News
NEW YORK — Dulcolax has partnered with Emmy Award-winning celebrity Jeannie Mai to speak candidly with her fans and followers about the importance of a predictable and effective morning bathroom routine. Mai gave nod to occasional constipation, an often-taboo topic, and shared why she prioritized her own regularity. “Afterall, everybody poops, and constipation shouldn’t hold
April 18, 2024 by Chain Drug Review
March retail sales get short-lived boost from early Easter holiday
Leading Headlines, Retail News
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
April 18, 2024 by Chain Drug Review
Rite Aid delays major bankruptcy hearing
Leading Headlines, Retail News
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
April 18, 2024 by Chain Drug Review
Walgreens encourages safe drug disposal on National Drug Take Back Day
Leading Headlines, Pharmacy, Retail News
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
April 18, 2024 by Chain Drug Review
NACDS lauds enactment of Oregon PBM Reform Bill
Leading Headlines, Pharmacy
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
April 18, 2024 by Chain Drug Review
Dr. Scholl's teams with gold medal gymnast Gabby Douglas
Supplier News
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
April 17, 2024 by Chain Drug Review
NACDS joins Health Care Payment Learning & Action Network’s Accountable Care Action Collaborative
Leading Headlines, Pharmacy
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,
April 17, 2024 by Chain Drug Review
Hy-Vee to acquire Strack & Van Til Food Market Chain
Featured Articles, Leading Headlines, Retail News
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
April 17, 2024 by Chain Drug Review
Camber launches generic Toviaz
Pharmacy, Supplier News
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
April 17, 2024 by Chain Drug Review
Seniors pay more for generic medicines every year while prices continue to fall.
Pharmacy
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