Although the consumer packaged goods industry is still climbing the sales charts to record heights — the industry reached $797 billion in 2016 — the engines driving that growth are beginning to sputter, according to a report from IRI and Boston Consulting Group.
The new video for Suave’s #SuaveBeliever campaign features beauty influencers who were sent the fake brand evaus — actually just Suave Professionals — to try for two weeks, and captures their reaction to realizing they had been using Suave the whole time.
Through a pilot program from Washington State University College of Pharmacy and with the Idaho Board of Pharmacy’s permission, Albertsons helped bring a pharmacy tech immunization program to its employees.
One of the biggest trends in food and beverage in the past several years has been in better-for-you offerings — something that’s expected to continue to influence new products as consumers remain focused on what’s in their favorite snacks and beverages.
Hy-Vee’s recent corporate restructuring will see 70 new corporate hires, roughly 50 of which will be focused on its IT capabilities, the rest of which focus on its Healthmarket format and its restaurants.
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)
A recent survey conducted by ECRM found good alignment between retailers and suppliers, but the findings also suggest that there is room for the relationship to improve. Read ECRM’s SVP retail Wayne Bennett’s takeaways from the survey.
Data from the Healthy Weight Commitment Foundation found that 11 companies spent more than $30 million on community-based health-and-wellness programs in 2016 promoting 38 programs that reached 11.2 million Americans.