DSN Newswire

January 11, 2017

Report: Walgreens, Rite Aid merger approval imminent

By this time next week, the FTC is expected to have approved the Walgreens Boots Alliance/Rite Aid merger, including the divestiture of 865 stores to Fred's, The New York Post reported late Tuesday, citing sources close to the case. "[T]he FTC will likely ask Fred’s — which will more than double in size after it buys the Rite Aid stores — to raise additional equity to help stabilize its financing after closing," The Post reported. The deal approval is being expedited prior to the inauguration of President Donald Trump, The Post added. (The New York Post)

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)
March 22, 2017

Report: Medical tourism could see rise under new health care law

Yahoo News is reporting that the medical tourism industry could see increased interest if the Affordable Care Act is replaced and patients in the United States decide to seek less pricey coverage in other countries. Mexico, in particular, could see an uptick in Americans headed to the country for medical care, and medical tourism advocates view that potential as “a component of a larger trend toward people seeking global options in their health care,” according to the report. (Yahoo News)
March 21, 2017

Kline Group: Several product trends emerge out of NatExpo West

Several natural product trends emerged at the latest Natural Products Expo West, with more than 80,000 attendees, Kline Group noted in its most recent blog. "Much of the displays focused on millennials with products that appeal to their desire for sustainability and natural ingredients [and] farm-to-tablet sourcing was a major theme echoed by several nutritional supplement exhibitors," Kline wrote. "Probiotics and digestive immunity [also] were extremely popular at the show." (Kline Group)

March 17, 2017

Report: CVS Health says new Amgen data could expand Repatha eligibility

Based on new data about Amgen’s PCSK9 inhibitor cholesterol drug Repatha, CVS Health’s chief medical officer, Dr. Troyen Brennan, told Reuters that the number of patients eligible to use the drug could quadruple. He noted that the data — published in the New England Journal of Medicine and showing Repatha’s ability to reduce heart attack, stroke, heart disease deaths, chest pain hospitalizations and stent and bypass procedures by 15% — would need to be reviewed by heart experts. (Reuters)
March 17, 2017

Report: Walgreens boasts two exclusive Pringles flavors

Walgreens in August polled  consumers on Twitter regarding which Pringles chip flavors should make an exclusive appearance in the stores on the corner of Happy and Healthy come March 2017. The results are in, Hungry Forever reported Friday, and it looks like anyone seeking to satisfy their Cheddar BBQ or Jamaican Jerk cravings will need to make their way over to a Walgreens or Duane Reade location. The flavors not selected were Sweet Thai Chili and Original Hot Sauce, Hungry Forever reported. (Hungry Forever)

March 14, 2017

Report: 5 takeaways from the CBO’s analysis of AHCA

The Congressional Budget Office on Monday released its assessment of the American Health Care Act, the House GOP's proposal to replace Obamacare, and The Hill is outlining five of the biggest takeaways. Among them are the 24 million individuals who would be uninsured by 2026, with 14 million losing coverage next year, as well as the expected reduction in the federal deficit that the bill would bring about. The bill would also create extensive changes to Medicaid.  (The Hill)

March 9, 2017

Report: New data highlights imatinib’s efficacy

Some 83% of patients with chronic myelogenous leukemia taking Gleevec (imatinib) can live 10 years or longer, according to new data published in the New England Journal of Medicine, NBC News is reporting. The study looked at the original 1,100 patients in the Gleevec trial, though in the years since approval several generics have hit the market. The data shows the drug, which targets a CML-specific genetic mutation, has a 10-year survival rate of nearly 83%. (NBC News)
March 8, 2017

Report: Kroger to open $60 million DC in Cincinnati

Kroger is developing a $60 million distribution center in Cincinnati, the Cincinnati Business Courier reported Tuesday. “More than 8.5 million customers shop in our stores every day and our goal is to always have our shelves stocked with the variety and selection our shoppers want,” stated Frank Bruni, VP supply chain and logistics, Kroger. “The new facility will help our logistics team to improve lead times and drive efficiencies for our stores and ultimately our customers.” (Cincinnati Business Courier)

March 8, 2017

Report: Wall Street bullish on Walgreens-Rite Aid deal approval

Wall Street investors have faith that the Federal Trade Commission will approve Walgreens Boots Alliance’s proposed acquisition of Rite Aid — and that’s having a positive influence on Walgreens’ stock, according to Crain’s Chicago Business. WBA’s shares have been up 6% this year and up 19% over March 2016, which Morningstar analyst Vishnu Lekraj says is due to “investor optimism that they’re going to be able to close the Rite Aid transaction.” (Crain’s Chicago Business)
March 7, 2017

Report: May's Drug veteran Dave Berman, 98, laid to rest

Dave Berman, 98, an SVP and partner in May's Drug and Drug Warehouse until his retirement, passed away peacefully on Feb. 25, according to an obit published by Tulsa World Sunday. "Through his entire life, Dave was always extra sensitive to the plight of others less fortunate than him and enjoyed spending time with them," Tulsa World wrote. "He enjoyed the company of his peers in the drug store industry, many of them Fortune 500 senior executives." (Tulsa World)

March 6, 2017

Report: Coors tops loyalty engagement index

Motley Fool is reporting on Bran Keys’ latest Customer Loyalty Engagement index, which found that Coors is the beer with the highest level of brand engagement among Americans. The engagement, as defined by Brand Keys’ president, Robert Passikoff, is a “measure of how well a brand meets expectations consumers hold for the path-to-purchase drivers in a given category.” Following Coors was Corona at No. 2, Samuel Adams and Yuengling tied for third place, Michelob at No. 4 and Budweiser ranked fifth. (Motley Fool)
March 6, 2017

Report: High demand expected for Costco's USGA-approved golf ball

Costco is returning a much-coveted own-brand golf ball, the Costco Kirland Signature Performance One, to the shelves following approval by the U.S. Golf Association as of March 1, according to a report published by MyGolfSpy. The new ball replaces a previous Kirkland Performance ball that absolutely shook up the golf  ball industry, Forbes reported Friday. Not only did those balls retail for just $15 per dozen, the balls performed well on the course, too. And when word got out to golf enthusiasts, Costco allegedly sold out. "With the excitement that this ball generated in its previous incarnation, it's almost a given that the demand will be similar when it does return," Forbes suggested. (Forbes)