DSN Newswire

October 28, 2016

Report: Who's in the hunt for divested Rite Aid stores? The answer may surprise you ...

ORLANDO, Fla. - Kroger may not be the only retail pharmacy in the hunt for divested Rite Aid stores following the proposed merger between Walgreens Boots Alliance and Rite aid, BNL Finance reported in a blog posted Thursday. In fact, they may not even be a good fit - Walmart in its move toward smaller retail footprints may be a better suitor. "However, I think the sleeping giants that no one is talking about ... are competing pharmacy benefit managers like Express Scripts Holding and Catamaran," wrote Brian Nichols, BNL Finance editor-in-chief. "All of Express Scripts and Catamaran’s competitors are getting stronger in the PBM space, with a combination of retail pharmacies, wholesale and PBM. [So] don’t be surprised if Express Scripts and Catamaran ... make a move to form a retail pharmacy business with 700 Rite Aid stores." (BNL Finance)

April 25, 2017

NYT: Greg Wasson to chair new tech startup incubator

Former Walgreens CEO Greg Wasson's family investment office is joining forces with Innventure, a group that aims to develop businesses around new technologies lent by big corporations, The New York Times reported last week. P&G is expected to be the company's first partner. “Innventure will identify the opportunities, create a company, nurture it, then put in a management team to where it stands on its own — and then we move on,” Wasson, the company's chairman, told The New York Times. “What I think is most interesting is that we’re looking to help leverage their powerful R&D machine with our nimble entrepreneur team to identify the opportunities that they have developed.” In return, Innventure will have a stake in any companies it creates. (The New York Times)

April 18, 2017

NYT: Amid investigations, Lannett continues to raise prices

The New York Times is reporting that Philadephia-based generics company Lannett continues to raise prices on its drugs, even as the Justice Department is set to launch an anitrust investigations an Connecticut’s attorney general undertakes a drug price investigation into the company. Among the generics that have seen prices increase recently was anti-psychotic fluphenazine, which went from $43.50 to $870 for 100 10-mg capsules in 2016. (New York Times)


April 17, 2017

Report: Kroger pilots home delivery offering

RICHMOND, Va.— Kroger is test-marketing a home delivery component to its click-and-collect offering for customers in its Richmond, Va. area, the Richmond Times-Dispatch reported Monday. “Our customers don’t always have the time to shop in store but still want to bring quality items into their homes and onto their tables," Anne Jenkins, spokeswoman for Kroger Mid-Atlantic division, told the Times-Dispatch. "For us, home delivery is the solution and a natural progression for ClickList.” (Richmond Times-Dispatch)

April 14, 2017

Report: Texas mumps cases hit 22-year high

Texas has seen 221 people come down with the mumps this year — the highest number the state has had since 1994, when there were 234 cases, according to a report in Outbreak News Today. The Texas Dept. of State Health Services is advising healthcare providers to be on the look out for mumps in patients, as multiple outbreaks crop up around the state. (Outbreak News Today)

April 14, 2017

Thrifty White reportedly to open inside Grand Rapids, Minn., supermarket

Thrifty White Pharmacy will be opening its second pharmacy in Grand Rapids, Minn., according to a report from the Grand Rapids Herald-Review. The pharmacy will be taking over the pharmacy space inside a Milner’s Super One Foods store, offering Thrifty White’s medication synchronization, as well as a drive-through. (Herald-Review)
April 13, 2017

CNBC: Apple quietly developing next-generation diabetes solution

CNBC on Wednesday reported that Apple has hired a small team of engineers as part of a "secret" initiative to develop the next generation of diabetes management devices. "The initiative is far enough along that Apple has been conducting feasibility trials at clinical sites across the Bay Area and has hired consultants to help it figure out the regulatory pathways," CNBC reported, citing sources familiar with the effort. "Apple isn't the only technology company eyeing opportunities in the space, [however]. Verily, Google's life sciences team, is currently working on a 'smart' contact lens to measure blood sugar via the eye, and it partnered up with DexCom in 2015." (CNBC)

April 11, 2017

Report: Coca-Cola set for evolution in strategy, offerings

Coca-Cola is taking a new approach to the beverage space, with its incoming CEO calling for it to become a “total beverage company,” according to a report in AdWeek. The company is moving toward a focus on such healthier offerings as organic tea, coconut water, coffee, water and juices, and it’s set to reduce sugar in upwards of 500 of its beverages this year. (AdWeek)

April 5, 2017

Walmart reportedly opening new hometown DC

Walmart, looking to expand its logistics capabilities, recently submitted plans to city planners in Bentonville, Ark.,  for a 1.27 million-sq.-ft. distribution center, Talk Business & Politics-Northwest Arkansas Business Journal reported. A Walmart spokeswoman confirmed the company’s plans to build the facility in southwest Bentonville, the report said. (Talk Business & Politics)

April 3, 2017

Report: Most child flu fatalities are among unvaccinated kids

HealthDay is reporting on a recent Centers for Disease Control and Prevention study published in Pediatrics, which found that roughly 75% of American children who died due to flu complications were unvaccinated before catching the illness. Researchers estimate that 65% of the deaths could have been prevented with a flu shot, the report said. “With an imperfect vaccine, we'll still see deaths from the flu. But vaccination does reduce the risk,” CDC researcher Brendan Flannery told HealthDay. (HealthDay)


March 31, 2017

NY Times highlights innovations from L'Oréal's Technology Incubator

A report in the New York Times looked at the work of L’Oréal’s Technology Incubator, where a group of 26 work to create cutting-edge products for the $438 billion worldwide beauty business. Among the products innovations — which have included five products from wearables to apps — is the Kérastase Hair Coach Powered by Withings — a smart hairbrush that offers users insights into the state of their hair and how to take care of it. (New York Times)
March 28, 2017

USA Today: ‘Pink Tax’ increases personal care costs for women 13%

USA Today is highlighting the results of a study conducted in 2015 by the New York City Dept. of Consumer Affairs, which found that when it comes to personal care, products marketed to women cost 13% more than those marketed to men — a trend referred to as the “Pink Tax.” Among reasons given for the prices differences is that, “Companies are willing to spend more money advertising to women than they are toward men, contributing to the price discrepancies,” Ted Potrikus, CEO of the Retail Council of New York State, told USA Today. (USA Today).


March 28, 2017

Consumer Reports highlights retailer generic savings offers

Consumer Reports is shining a light on the generics savings programs that various retailers offer through their pharmacies, including Walgreens, Rite Aid, Walmart, Costco, Kmart and Sam’s Club. The report notes that while many offer deals on 30- and 90-day generics supplies, many also offer memberships that open up more discounts on other drugs. (Consumer Reports)
March 23, 2017

House reportedly postpones AHCA vote

The Hill reported that a House of Representatives vote planned Thursday evening for the American Health Care Act — the bill that would repeal and replace the Affordable Care Act — had been postponed Thursday afternoon. The bill reportedly lacked the necessary 215 votes to pass the House, and there was a House Republican Conference meeting set for 7 p.m. Thursday, with White House press secretary Sean Spicer predicting the bill would still a vote Thursday. (The Hill)
March 23, 2017

Report: Hy-Vee to add clothing boutiques in 4 stores

The Anchorage Press is reporting that two Hy-Vee locations in Nebraska will soon feature F&F clothing boutiques through the Iowa-based retailer’s franchise agreement with the British clothing line owned by supermarket company Tesco. Construction has not yet begun on the boutiques, though Hy-Vee has reportedly filed building permits, and they are expected to open this summer. (Anchorage Press)
March 23, 2017

Report: Shopko Foundation supports local arts

The Batesville Herald-Tribune is reporting that the Shopko Foundation, based in Green Bay, Wis., recently awarded a grant to foster arts appreciation in Indiana’s Franklin County. The report said the grant, given to the Franklin County Arts Council, had been put toward a performance of “Romeo and Juliet” for Oldenburg Acadamy students by the Cincinnati Shakespeare Company. (Batesville Herald-Tribune)