Kerr Drug launches Take Control of Your Diabetes program
RALEIGH, N.C. — Kerr Drug is launching a new marketing program aimed at diabetes patients.
The regional pharmacy retailer announced the launch of "Take Control of Your Diabetes," which includes planograms, print advertisements, social media messaging, education programs, in-store point-of-purchase displays and physician outreach. The company said the program is designed to establish Kerr as a "home for everything customers with diabetes need."
"We are using ‘Take Control’ as a way to remove the barriers to diabetes care," Kerr Drug diabetes programs manager Debbie Hiller said. "Our pharmacists have been specially trained on proper injection techniques to improve adherence, Medicare billing requirements to fill testing supplies and nutritional guidelines to help patients make healthier choices. Take Control tells our customer we have the products, services, expertise, convenience and cost advantages to help them take control of their health."
Rite Aid announces debt refinancing move, forecasts Q1 profit
CAMP HILL, Pa. — Rite Aid moved to refinance its debt Friday, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also projecting that it would turn a profit in the first quarter of its fiscal year 2014, results of which it will announce next week.
The retail pharmacy chain said it would buy $500 million worth of 7.5% Senior Secured Notes, due 2017, using the proceeds from a $500 million second lien term loan.
The offer will expire on July 5 unless it’s extended, the company said.
The company estimates that it will post a profit of between $75 million and $90 million for the first quarter of fiscal 2014, which ended on Saturday, compared with a loss of $28.1 million during the same period last year. This would make the quarter the third consecutive one in which the 4,615-store chain has reported a profit.
Reports: Target to expand organic product selection
NEW YORK — Target is offering new natural and organic food products as part of its Simply Balanced private label, according to published reports.
The Associated Press reported that the line would start with such products as drinks and snacks, and was an outgrowth of similar products sold under the Archer Farms label.
A spokeswoman for Target told Drug Store News that the new collection would replace the existing Archer Farms Simply Balanced collection and Archer Farms organic products and would include many of the products from the previous collection, as well as new ones. The company launched Archer Farms Simply Balanced in 2009.
"We know many Target guests are increasingly seeking to add wholesome and organic food options to their wellness lifestyles," the spokeswoman said. "By introducing a new collection where guests can find these attributes in one place, Target is enhancing these choices in its grocery assortment to become a destination for healthy foods at great prices."
The AP also reported that the mass merchandise retailer would be announcing plans to increase its selection of organic foods by 25% within four years. Plans are in place to eliminate all genetically modified ingredients from the line by the end of next year.