H.D. Smith to acquire West Coast wholesaler
SPRINGFIELD, Ill. — H.D. Smith, one of the largest pharmaceutical wholesalers in the United States, announced plans to acquire Valley Wholesale Drug in a merger agreement transaction.
The acquisition will increase H. D. Smith’s customer base in California and give the wholesaler an opportunity to expand into the Pacific Northwest, a market in which it currently has a limited reach.
Valley Wholesale serves more than 1,000 independent pharmacies in California, about half of the state’s market. Valley Wholesale Drug customers will benefit from access to H. D. Smith’s broader product, service and solutions portfolio through its national network of distribution facilities and sales teams.
In the past few years, H. D. Smith has ramped up its national expansion effort to increase its independent pharmacy and institutional customer base and expand service offerings to customers across the country.
Since 1995, the company has acquired regional distribution players or built distribution centers in seven states serving key regions, including Texas, Illinois, California, New York Metro, Florida, New England and Kentucky.
Family Dollar names chief marketer
MATTHEWS, N.C. — Family Dollar Stores has named Jocelyn Wong to the position of SVP, chief marketing officer. Wong will report to Michael Bloom, president and COO.
“Effectively communicating our everyday value pricing to our customer is critical to driving trips and reinforcing our brand to grow our market share,” said Bloom. “In a highly competitive retail environment, Jocelyn brings the experience and strategic vision we need to drive innovation in how we communicate to our customer to differentiate our brand and improve customer loyalty through our circulars and in-store experience.”
Wong began her career with Proctor and Gamble where she held various roles including associate marketing director, NA Oral Care. Most recently she served as group VP shopper marketing for Safeway, where she led the creation of a newly formed shopper marketing organization. Wong holds a Bachelor of Science degree in chemical engineering and Biochemistry from Purdue University.
Yankee Candle launches candle with crackling flame
SOUTH DEEFIELD, Mass. — Yankee Candle has launched Pure Radiance Crackling LumiWick, a scented candle featuring a natural wood LumiWick that creates an extra-wide crackling flame with a soft, radiant glow.
When lit, the candle form creates an ambient crackling wood fire experience.
Pure Radiance, launched earlier this year, has a modern design, custom soy wax blend and innovative LumiWick technology for a wide flame and consistent burn. The Crackling LumiWick with etched bark glass will be available in three Pure Radiance fragrances this holiday season.
The holiday scents are Pine Cone, Yuletide and Ice Crystal, and are available in three sizes: petite vase (suggested retail price $10.99), medium vase or medium crackling vase (SRP $22.99), and large vase or large crackling vase (SRP $27.99).