First Lady Michelle Obama on Wednesday afternoon will be joined by corporate chiefs from Walmart, Walgreens and Supervalu, as well as smaller regional market chains, as she announces a new initiative to support the Let's Move! campaign, according to a Monday posting on the blog site Obama Foodorama.
Hair care brand TRESemme has announced that it will once again make a splash, showcasing chic styles on and off the runway as the official sponsor of Mercedes-Benz Fashion Week Swim 2012 in Miami from July 14 to 18.
The board of directors of Walgreens on Wednesday increased the quarterly dividend 28.6% — the largest quarterly dividend increase in the company's 110-year history — to 22.5 cents per share from the previous rate of 17.5 cents per share.
Walgreens has acquired the 10-site retail pharmacy chain Carle Foundation, a pharmacy operator out of the Urbana-Champaign, Ill., area with the majority of stores located inside medical office buildings, according to Dresner Partners, which brokered the deal.
The Natural Products Association on Thursday launched a grassroots campaign to oppose the Dietary Supplement Labeling Act, recently introduced in Congress by Sen. Richard Durbin, D-Ill., and is urging its more than 1,900 members to ask their legislators to oppose the legislation by sending them a letter at NPAinfo.org/Durbin.
Walgreens on Friday announced the expansion of its fresh food selection at its location at Third Street and Williams Avenue in San Francisco's Bayview community, a neighborhood identified as a food desert. The drug store now offers a larger assortment of fresh fruits, vegetables, whole grains, beans, lean protein and other healthy meal components.
Walgreens recently surpassed 1 million fans on Facebook, the pharmacy operator announced Friday, and also has integrated its network of more than 7,700 drug stores through mobile platforms on Facebook Places and Foursquare.
Walgreens and Take Care Health Systems have entered into a relationship with Core Performance to offer Core Performance corporate wellness services to Take Care Health Systems employer clients and bolster its service portfolio.
Walgreens’ stock was trading up 30 cents to $43.03 on the New York Stock Exchange mid-morning on Wednesday thanks to favorable same-store sales growth of 4.8% for the month of June versus an analyst consensus estimate of 2.8%.
The dietary supplement industry last week took another legislative knock to the chin as it was associated with controversy surrounding mislabled conventional foods, specifically Lazy Cakes, a brownie that contains the dietary ingredient melatonin and purports to be a dietary supplement.
Walgreens on Wednesday unveiled plans to establish deeper roots on its home turf with its “Chicago Hometown Investment Initiative,” a plan that will create an estimated 600 new jobs in the city over the next two years and will quadruple the number of Walgreens’ food oasis stores.
Walgreens has teamed with Greater Than AIDS, a national campaign in response to HIV/AIDS in the United States, to distribute informational resources and specialized HIV-related services at more than 300 Walgreens pharmacies in heavily affected communities, the Kaiser Family Foundation announced Tuesday.
Soon after reporting double-digit earnings per share growth Tuesday morning, Walgreens announced it would forego as much as $5.3 billion in annual sales, representing some 7% of the company’s business and 90 million prescriptions, as it walks away from its relationship with pharmacy benefit manager Express Scripts.