In light of Thursday’s news that Walgreens will re-enter Express Scripts' broadest network on Sept. 15, CVS Caremark stated that it now is better able to clarify what it believes will be the overall estimate of the impact from the impasse for the remainder of 2012.
A survey released by the National Retail Federation and conducted by BIGInsight found that the average parent will spend $688.62 on back-to-school items this year, compared with $603.63 last year. Total spending is expected to reach $30.3 billion.
Safeway is looking to its recently launched Just for U loyalty program, which this month became available across all U.S. divisions, to help drive a positive sales story through the rest of the fiscal year.
Canadian pharmacy chain Shoppers Drug Mart posted a rise in second-quarter sales, thanks to modest sales growth in pharmacy and strong results at the front end, where the company experienced sales gains in all regions of the country.
Beauty brand Wet 'n Wild — which is a division of Markwins North America — started the year by signing superstar Fergie as its very first global beauty ambassador, and now the brand has announced its expansion into an additional 500 Walmart stores beginning in late July.
Ethnic beauty brand Black Opal Cosmetics is promoting the Black Opal “Sparkle” national sweepstakes, and also has been named the official U.S. cosmetics partner of the movie “Sparkle,” in theaters Aug. 17.
Jacques Duplessis on Monday pleaded guilty to engaging in a scheme to sell approximately 6,000 boxes of counterfeit LifeScan One Touch diabetic test strips that he purchased from suppliers in China and England, announced U.S. attorney Zane David Memeger.
The Plano, Texas-based headquarters of Dr Pepper Snapple Group has earned the Leadership in Energy and Environmental Design (LEED) gold certification for a multiuse building by the U.S. Green Building Council.
FaceLube, an anti-aging skin care line for men, has partnered with the STA-BIL Lawn and Garden Mower Racing Series by becoming the official sponsor of the “FaceLube Best New Face Award,” honoring the U.S. Lawn Mower Racing Association Rookie of the Year as lawn mower racing celebrates its 20th anniversary in 2012.