August 31, 2016

CHICAGO - Consumers flocked to more than 6,100 new retail stores that opened across the U.S. between December 2013 and December 2015, Nielsen reported Wednesday. And while grocery stores and supercenters still drive the bulk of consumer packaged goods sales, dollar stores and convenience centers are leading in store expansion. Together, dollar stores and C-stores represented more than 87% of the total new store openings, Nielsen reported. "On one end of the spectrum, discount retailers are expected to rise, as value is driving consumers to search for the biggest bang for their buck. On the other end, retailers with premium products ... will continue to attract and retain those consumers." (Nielsen)
 

August 31, 2016

OAKMONT, Pa. - NuGo Nutrition, a fast-growing lifestyle brand in the natural foods category known for creating protein bars for several lifestyles, on Wednesday announced it has acquired the sports performance brand, Promax from Promax Nutrition Corporation.

Terms of the transaction were not disclosed.

August 31, 2016

Hydration is getting a lot smarter with the introduction of a new smartbottle from Thermos.

August 31, 2016

Floating has seen exponential growth within the last few years and is one of the fastest growing niche industries in the country, the San Francisco Salt Company reported.

August 31, 2016

“We are honored to have two of the leading minds in disruptive technology and business as our investment partners and board members," stated Ravi Ika, president and CEO RxAdvance.

August 31, 2016

Theranos is facing its latest crisis following its withdrawal of its request for emergency clearance of a Zika-virus blood test after federal regulators found that the company didn’t include proper patient safeguards in a study of the new test, The Wall Street Journal reported Tuesday, citing people familiar with the matter. "Theranos founder Elizabeth Holmes announced Aug. 1 a new blood-testing device called miniLab that she said was designed for use outside a clinical laboratory and could run accurate tests from a few drops of blood," The Journal wrote. "But during an inspection by the FDA earlier this month, regulators concluded that Theranos had collected some data supporting the accuracy of the Zika test without implementing a patient-safety protocol approved by an institutional review board." (The Wall Street Journal)

August 30, 2016

The National Bureau of Economic Research reads: “If a man has never smoked by age 18, the odds are three-to-one that he never will. By age 21, the odds are twenty-to-one.”

August 30, 2016

The new packaging will feature softer, rounder edges and a new slightly curved logo that complements the rounded card shape.

August 30, 2016

Jeff Jones, executive vice president, chief marketing officer at Target, is leaving the company.

August 30, 2016

Consumers aren’t ready to let go of print coupons.

August 30, 2016

Eight young moms in the Boston area are getting a new start in life after completing a pharmacy technician training program through a partnership with CVS Health and a Massachusetts nonprofit, according to the Boston Globe.

August 30, 2016

A year after its launch, AmerisourceBergen and Good Neighbor Pharmacy’s Elevate Provider Network is serving as an example of how a pharmacy services administrative organization driven by data can enhance member pharmacies’ ability to improve patient health while excelling on Star ratings measures.

August 30, 2016

New research from Experian Marketing Services points to five strategies that brands and retailers should implement to boost marketing plan performance during the key holiday shopping season. 

August 30, 2016

Fred's new CEO Mike Bloom pledged new initiatives will launch in the back half of 2016 that will help set the stage to combat growth headwinds.

August 30, 2016

Fred's draws from a strong executive team in naming the leaders that will carry the discount pharmacy retailer into the future.

August 30, 2016

Kmart has unveiled the latest example of its strategic initiative to attract loyal shoppers as well as what it calls "a new Millennial Kmart audience."

August 30, 2016

Two recent unanimous approval recommendations from FDA advisory committees regarding biosimilars is a signal of growing scientific acceptance and understanding of the biosimilar regulatory pathway, suggested The National Law Review in a report Tuesday. The National Law Review has created a chart summarizing pending and approved BLAs for biosimilars using publicly available information, the publication noted, but there are still two barriers to entry. As biosimilars gain FDA approval, patent issues remain a barrier and the exorbitant R&D cost prevent significant price disparities. Accordingly, insurers may be slow to add biosimilars to the formulary, The National Law Review suggested. (The National Law Review)

August 30, 2016

The steps Teva Pharmaceuticals  had to take to win antitrust approval for its $40.5 billion acquisition of Allergan's U.S. generics business are attention grabbing, TheStreet reported earlier this week - securing approval from the Federal Trade Commission took 12 months and required the divestiture of nearly 80 drugs. "Deal makers in the generics space should take note the FTC went beyond the traditional focus on head-to-head competition between drugs on the market and potential competitors in the R&D pipeline," TheStreet wrote. "The commission also considered three new theories of competitive harm, including whether buyers will gain pricing power by bundling drug portfolios, whether generic drug makers will have less incentive to challenge brand drug patents and whether the merger will reduce the number of players in hard-to-make complex generics." (TheStreet)

August 30, 2016

As reimbursements and profit margins in independent pharmacies shrink, one of the main ways pharmacy services administrative organizations (PSAO) have sought to help their pharmacy partners provide better health outcomes to their patients, while ensuring pharmacies are reimbursed for their services, is through participation in preferred cost-sharing networks.

August 30, 2016

ShaveMOB.com, an online retailer of razor blades for men and women, has acquired 800Razors, a U.S.-based personal care products company.

August 30, 2016

The nation's largest frozen meal brand is simplifying its recipes to reflect consumers' evolving preferences when it comes to food ingredients.

August 30, 2016

Strategic investments that AmerisourceBergen is making into its supply-chain platform are driving an enhanced, best-in-class customer experience.

August 30, 2016

New to ThoughtSpot this year was an Innovation & Technology Showcase, an exciting extension of the trade show floor. The showcase was dedicated to prototypes, products and services that were both innovative and technology-based, including a preview of ABC Order that took center stage within the showcase. Accompanying the showcase were Solution Spotlight Presentations, education sessions in which many vendors showcased the benefits of services like medication therapy management and medication synchronization. Altogether, the showcase and presentations firmly place AmerisourceBergen’s independent pharmacy operators at the cutting-edge of pharmacy practice.

August 30, 2016

CRN speaker Charlie Cook has a longstanding reputation as a trustworthy and accurate voice on politics in Washington, spanning more than two decades.