Dollar Tree first-quarter sales up 7.2% to $2 billion
CHESAPEAKE, Va. — Dollar Tree on Thursday posted first-quarter consolidated net sales of $2 billion, a 7.2% increase, for the period ended May 4. Consolidated comparable store sales increased 2% on a constant currency basis. Adjusted for the impact of Canadian currency fluctuations, the comparable-store sales increase was 1.9%.
"Our first quarter sales grew as the result of increases in both traffic and average ticket with our discretionary business growing slightly faster than consumables," stated Dollar Tree CEO Bob Sasser. "Leading categories during the quarter included candy, check-out products, stationery and seasonal merchandise for Valentines and Easter."
During the first quarter, Dollar Tree opened 94 stores, closed 6 stores, and expanded or relocated 28 stores. Retail selling square footage increased 6.8% compared to a year ago, to 44 million square feet.
Surescripts routes record 1 billion-plus electronic prescriptions in 2013
ARLINGTON, Va. — Surescripts on Wednesday announced its service has routed more than 1 billion electronic prescriptions in 2013, representing a majority (58%) of all eligible prescriptions in the United States, sent by 73% of all office-based physicians.
In addition to continued growth in electronic prescribing, the company’s 2013 National Progress Report and Safe-Rx Rankings highlights broader signs of growth in electronic health information exchange that support the federal government’s efforts to drive “meaningful use” of electronic health records.
“For more than a decade, Surescripts has operated a network and built the relationships to get the right information to the right place at the right time,” stated Paul Uhrig, acting CEO of Surescripts. “We’re incredibly proud to report measurable progress connecting and coordinating care providers through our network, because we believe that people and organizations working together will make healthcare more efficient, more effective and easier to navigate.”
The 2013 National Progress Report and Safe-Rx Rankings includes the following major milestones:
- The total volume of prescriptions routed electronically increased 44%, up from 788 million in 2012 and 570 million in 2011;
- Nearly 700 million electronic medication history records (covering two-thirds of the U.S. population) were delivered in 2013, representing a 19% increase over 2012;
- The adoption of electronic prescribing by independent pharmacies increased 11% between 2011 and 2013, while adoption among chain pharmacies remained constant at 98%;
- As of 2013, 40% of pharmacies have achieved Surescripts certification to enable the electronic prescribing of controlled substances; and
- The Surescripts network connects to 566,000 prescribers, more than 400 hospitals and health systems, more than 40 of the nation’s leading pharmacy benefit managers, more than 600 EHR applications, 43 state immunization registries, and 21 health information exchanges and health information service providers.
“Just as we’ve witnessed continued growth in e-prescribing over the past 13 years, so too have we seen the complexity of the healthcare system multiply,” Uhrig said. “Today, Surescripts has the assets and the experience that are needed to connect hospitals, pharmacists, providers, payers, pharmacy benefit managers and others, to enable the secure, electronic exchange of vast amounts of clinical data and make it useful across healthcare.”
In 2013, Delaware again led Surescripts’ Safe-Rx Rankings, with 81% of physicians routing a total of 3.8 million electronic prescriptions. All states routed at least 45% of eligible prescriptions electronically last year, and electronic prescribing has increased to where the last place state in 2013 would have been the first place state in 2009, by a margin of 13 percentage points. Wisconsin, North Dakota and Connecticut all moved into the top 10 for the first time in 2013.
The Safe-Rx Rankings are a nationwide measure of each state’s progress in advancing healthcare safety, efficiency and quality through the adoption and use of electronic prescribing. The rankings recognize the full utilization of electronic prescribing based on volume of prescription benefit, medication history and routing transactions.
CōTZ Face Natural Skin Tone SPF 40 aims to go beyond sun protection
NEW YORK — CōTZ Face Natural Skin Tone SPF 40 is sun protection with a special little something inside — a natural tint that is designed to be universally flattering to all complexions.
CōTZ Face Natural Skin Tone SPF 40 delivers a light texture and sheer, matte finish that layers invisibly under makeup. Its weightless mineral formula enhances natural skin tone, provides discreet coverage and leaves no residue, the company stated.
CōTZ Face is free of chemical sunscreens and instead contains a Balanced Mineral Complex, which is a proprietary blend of up to eight different sizes of mineral particles that sit invisibly on the skin to protect it from sun damage, according to the company. This complex acts as thousands of little mirrors to deflect UVA and UVB rays before they touch or penetrate the skin. The complex also features titanium dioxide and zinc oxide, as well as an additional sun protective mineral that contributes to the product’s translucent tint.
CōTZ Face Natural Skin Tone SPF 40 retails for $19.99 and is available at Ulta Beauty stores.