CVS Caremark announced on Friday that it has agreed to a $20 million civil penalty to resolve a previously disclosed investigation by the Securities and Exchange Commission into 2009 public disclosures made by the company, securities transactions and certain aspects of the purchase accounting adjustment related to the October 2008 Longs Drug Stores acquisition.
Looking to further strengthen its relationship with beauty shoppers — both inside and outside of the store — CVS/pharmacy launched on Aug. 2 a new website and mobile site dedicated to its growing Essence of Beauty brand, which is available exclusively at CVS/pharmacy. Drug Store News talked with George Coleman, VP merchandising for store brands at CVS/pharmacy, to learn more about the unique content featured on the new essenceofbeauty.com site and how the retailer is adjusting its in-store merchandising strategy to further promote its Essence of Beauty collection.
U.S. Sens. Dick Durbin, D-Ill., and Richard Blumenthal, D-Conn., on Thursday introduced legislation that would retool the labeling requirements for dietary supplement manufacturers, require pre-market certification on new products and require successful efficacy trials.
Majestic Drug Co. Inc., makers of the Senzzzzz Away Tooth Desensitizer, in conjunction with the product launch announced the results of a nationwide survey of Americans showing nearly 50% of the population suffers from tooth sensitivity.
Natural snack food brand Boulder Canyon announced new Baked Sweet Potato Fries, a completely natural snack that mirrors the shape, taste and texture of the side dish found in restaurants across the country.