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Inergetics to launch Martha Stewart Essentials

BY Ryan Chavis

NEWARK, N.J. — Inergetics, a developer of nutritional supplements, announced that the company will be presenting Martha Stewart Essentials, a line of whole-food based vitamin supplements developed in tandem with Martha Stewart herself at Cardinal Health's Retail Business Conference, which will be held at the Gaylord National Resort and Convention Center in Washington, D.C., July 23 through July 26.

The supplements contain natural ingredients, including fruits, vegetables and herbs, the company said. The supplements focus on specific needs affecting women, including multivitamin; graceful aging; digestive health; bone support; menopause support and more.

"We are thrilled to have the opportunity to showcase the Martha Stewart Essentials product line at such a prominent event," said Scott Zitiello, national sales director of Inergetics. "We're looking forward to partnering with Cardinal Health to reach even more women, helping them to lead the vibrant, healthy lifestyle our line of products promotes."

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NRF looks for sales to accelerate following sluggish start to the year

BY Mike Troy

WASHINGTON — The National Retail Federation has joined the growing chorus of voices expecting a surge in consumer spending during the next five months to compensate for a weak start to the year.

That weak start prompted a major downward revision in NRF’s full-year sales forecast on Wednesday, as the trade group said it now expects sales to increase 3.6% versus an earlier forecast of 4.1% shared back in January. The change was necessitated by weaker than expected growth of 2.9% during the first half of the year, due primarily to extreme weather conditions that caused extensive store closings by many retailers.

Whether retail sales achieve NRF’s new target hinges on an assumption that sales will accelerate during the coming months. NRF contends retail sales will grow at 3.9% during the back half of the year.

“No retailer was immune to the doldrums witnessed during the first quarter, and as a result, the year’s growth trajectory was impacted,” said NRF president and CEO Matthew Shay. “That said, there is plenty of evidence that the second half of the year will be better for the industry as consumers begin to feel more optimistic about their spending decisions. And though we maintain realistic expectations of retail sales growth in 2014, we are optimistic that the chances for a stronger economy still exist.”

NRF’s chief economist, Jack Kleinhenz suggested that severe weather and other factors that took a toll on retailers are behind the industry, and the overall outlook has become favorable.

“A second look at our forecast shifted our expectations slightly, but it’s important to note that the outlook is positive. Sales are growing, and we expect them to continue at a moderate pace,” Kleinhenz said.

Positives Kleinhenz cited for the industry going forward include the fact that employment has grown at its strongest pace since 2005, business and consumer confidence have edged higher, manufacturing activity has expanded and inflation pressures remain tame. Improvements in those areas contributed to NRF’s favorable expectations in the coming months.

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McKesson launches adherence reporting tool

BY Ryan Chavis

ORLANDO, Fla.— McKesson Pharmacy Systems and Automation launched its new Adherence Performance reporting tool at 2014 McKesson ideaShare. The solution uses pharmacy data to supply pharmacies with the data they need to make improvements on the adherence of their patient base, the company said.

“Many solutions on the market today can assist pharmacies in the execution of an adherence program, but our solution uses a combination of the customers’ own pharmacy data and our proprietary algorithm to help bring focus and fast results to any adherence program implemented by our customers,” said Emilie Ray, president of MPS&A.

McKesson ran a pilot program on the product with some of its EnterpriseRx customers over the course of the past few months to test its success. Participants who used the solution agreed that it helped them implement measurement goals for their adherence programs, McKesson said.

“Stores that currently struggle, and maybe avoid looking for a solution to adherence, find the current solutions to be overwhelming or a financial burden to their business, but this type of solution, which is simple, inexpensive and doable, helps make their goals a little easier to achieve,” said Hashim Zaibak, RPh. and proprietor of Hayat Pharmacy, Milwaukee.

The reporting tool provides pharmacies with an adherence rating similar to the CMS Star Ratings provided to health plans. The rating then helps pharmacies understand their adherence rating by organizing pharmacy management system data and giving pharmacies succinct information on target patients who should be included in an adherence program.

Additionally, the solution provides the following reports:

  • Dashboard summary;
  • Adherence ratings by pharmacy location;
  • Adherent patient target number;
  • Adherence rating by plan;
  • Target patient list; and
  • Patient group summary.
     

To learn more about MPS&A’s Adherence Performance Solution visit BetterPharmacyTech.com/Adherence

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