Chain Drug Review back issues from January 2007:
CDR names Kerr's Civello Retailer of the Year.(Tony Civello of Kerr Drug Stores )
Jan 01, 2007 ... RALEIGH, N.C. -- For Tony Civello, the past 18 months have been among the most tumultuous yet satisfying times of his more than 40 years in chain drug retailing. "The entire industry has gone through dynamic changes during that short time," the 62-year-old chairman, president ...
Steirly of Walgreens honored as top merchant.(Kathy Steirly of Walgreen Co. )
Jan 01, 2007 ... DEERFIELD, Ill. -- "A leading force in the beauty industry" is a phrase that has been used to describe both Walgreen Co. and Kathy Steirly, and when they teamed up two years ago no one was surprised at the potent combination that was created. When Steirly was informed that Chain ...
Lifetime achievement award presented to Levin.(Alan Levin former chairman of National Association of Chain Drug Stores)
Jan 01, 2007 ... NEWARK, Del. -- Alan Levin may be just 52, but he has worked in--and for--chain drug retailing for the better part of 25 years. Over that time he built Newark, Del.-based Happy Harry's Inc. into one of the premier regional drug chains in the country. After selling the chain to Walgreen Co ....
Alliance Boots' Baker tabbed best global retailer.(CDR International Retailer of the Year)(Alliance Boots PLC)
Jan 01, 2007 ... NOTTINGHAM, England -- The editors of Chain Drug Review have named Richard Baker, chief executive of Alliance Boots PLC, recipient of the Arthur Konviser Award as the publication's 2006 International Chain Drug Retailer of the Year. The award, named for the Shoppers Drug Mart ...
Cotton, Waters lauded for marketing.(CDR Marketers of the Year)(William Cotton, Boots Retail International and Martin Waters, Boots Retail USA)
Jan 01, 2007 ... NOTTINGHAM, England -- Many retailers have successful store brands, but Boots brand beauty products have taken the concept to the next level. More than alternatives to national brands, they are successful national brands--actually international brands--in their own right. The ...
Express Scripts makes bid for Caremark.(News)
Jan 01, 2007 ... NEW YORK -- The bidding war for Caremark Rx Inc. initiated by Express Scripts Inc. could escalate with a sweetened offer from CVS Corp. or a private equity firm, according to analysts. Express Scripts has offered to buy Caremark Rx for cash and stock valued at $25.5 billion, 15% ...
Medicaid cuts hit pharmacy hard.(government finance for pharmaceutical services )
Jan 01, 2007 ... WASHINGTON -- Planned reductions in the reimbursements paid for dispensing generic prescriptions covered by Medicaid will have a devastating impact on community pharmacies, those in the industry say. At press time, the cuts were scheduled to go into effect on January 1, but they ...
Chain drug stores turn in solid Christmas sales.(Brief article)
Jan 01, 2007 ... NEW YORK -- Drug chains demonstrated their immunity to the vagaries of illness this holiday season, posting strong sales despite limited flu outbreaks. Volume for the period from Friday, November 24, the day after Thanksgiving, to midnight on Christmas Eve rose 7.3%, with ...
O-T-C painkillers eyed by FDA.(over the counter drugs)(Food and Drug Administration)
Jan 01, 2007 ... WASHINGTON -- The Food and Drug Administration wants to impose stronger safety warnings on such everyday pain drugs as Advil, Motrin and Tylenol. The agency outlined its proposal over concerns that many consumers are inadequately informed about serious complications that can arise from ...
Costco alters generics program.(News)(Costco Wholesale Corp)(Brief article)
Jan 01, 2007 ... ISSAQUAH, Wash. -- Costco Wholesale Corp. has ended a program in which it filled prescriptions at $4 for a 30-day supply of generic drugs. A new initiative by the wholesale club operator features 100 pills for $10. The $4 program was in response to Wal-Mart Stores ...
A recommitment to patient privacy.(drug stores )(Brief article)
Jan 01, 2007 ... NEW YORK -- Some of the nation's leading drug chains have reiterated policies calling for the careful disposal of patient records after a television news report turned up patient information in trash bins outside stores. Indianapolis television station WTHR inspected almost 300 ...
CVS inks deal with LaVar on exclusive hair care line.(News)(LaVar Cosmetics)(Brief article)
Jan 01, 2007 ... WOONSOCKET, R.I. -- CVS Corp. has formed an exclusive relationship with LaVar Cosmetics to distribute a line of specialized hair care items. The Ellin LaVar Textures line is designed specifically for the needs of women with textured or "challenged" hair. "I'm ...
MinuteClinic comes to Jacksonville.(News)(Brief article)
Jan 01, 2007 ... JACKSONVILLE, Fla. -- Three MinuteClinic health care centers have debuted in CVS Corp. stores in this metropolitan area. "MinuteClinic offers customers convenient, high-quality health care services and is a natural extension of our mission to be the easiest pharmacy retailer for ...
It's status quo at Walgreens.(News)(Brief article)
Jan 01, 2007 ... DEERFIELD, Ill. -- Contrary to a recently published report on Walgreen Co.'s plans to significantly increase the amount of apparel it carries, a spokeswoman for the drug chain is adamant that it is not getting into the clothing business in the near future. While noting that all ...
Hopes are high as von Eschenbach takes reins at FDA.(Andrew von Eschenbach)(Brief article)
Jan 01, 2007 ... WASHINGTON -- Last month's Senate confirmation of Dr. Andrew von Eschenbach as commissioner of the Food and Drug Administration has won applause from a number of health care trade organizations, including the National Association of Chain Drug Stores. "He is an effective and ...
CVS to help children who are disabled.(News)(Brief article)
Jan 01, 2007 ... WOONSOCKET, R.I. -- More than $5 million in grants to nonprofit organizations that provide programs to serve children with disabilities was made last year by the charitable trust of CVS Corp. Organizations throughout the country were chosen based on their involvement in children's health ...
Rite Aid urges consumers to take Rite Weigh Challenge.(News)(Lindora)(Brief article)
Jan 01, 2007 ... CAMP HILL, Pa. -- Rite Aid Corp. is helping consumers fulfill a popular New Year's resolution with its Rite Weigh Challenge, which launched today. Through its partnership with Lindora, a specialist in weight loss programs, Rite Aid is challenging America to become healthier by ...
Chain Drug execs look ahead.(industry forecasts )
Jan 01, 2007 ... Several factors hold promise for chain drug retailing in 2007, including the increasing numbers of baby boomers reaching their 60s and needing more prescriptions, and the growing availability of high-margin generics. Greater use of drugs by seniors is also being fostered by ...
NCPA study pinpoints Rx compliance issues.(National Community Pharmacists Association on medication errors )
Jan 01, 2007 ... ALEXANDRIA, Va. -- A recently released survey reveals that improper medication use is reaching crisis proportions, with nearly three out of four consumers admitting that they often fail to take their prescriptions as directed. The poll, conducted by the National Community ...
Wal-Mart's Menzer added to HHS panel.(Brief article)
Jan 01, 2007 ... WASHINGTON -- Wal-Mart Stores Inc. vice chairman John Menzer has been appointed a member of the American Health Information Community. "As vice chairman of Wal-Mart, John represents an important health care purchaser perspective," Health and Human Services Secretary Mike Leavitt ...
Civello makes impact as chairman of NACDS.(Tony Civello of National Association of Chain Drug Stores)
Jan 01, 2007 ... RALEIGH, N.C. -- Recent shifts in the American health care system, Tony Civello says, have plunged community pharmacy into what he sees as a battle for its very existence. "It's not a matter of new technologies, formularies or even patient outcomes," notes Civello, the chairman, ...
Drug chain differentiates itself from its competitors.(Tony Civello of Kerr Drug)(Brief article)
Jan 01, 2007 ... RALEIGH, N.C. -- With more than four decades in the chain drug industry under his belt, Tony Civello has become keenly aware of the role pharmacy plays in so many people's lives and the bond that exists between patients and their local pharmacists. While still a student at the ...
Exclusives a pivotal part of retailer's strategy.(Walgreen's beauty collection )
Jan 01, 2007 ... DEERFIELD, Ill. -- Exclusive product lines have become a vital component of Walgreen Co.'s beauty care arsenal. The retailer upped the ante in 2006, rolling out the European Beauty Collection, an assortment of seven prestige beauty lines from France, Germany, Switzerland, Spain ...
By offering 'true value,' the price factor can be overcome.(News/Merchant of the Year)(Brief article)
Jan 01, 2007 ... DEERFIELD, Ill. -- Walgreen Co. constantly seeks unique beauty and skin care items to bring to its customers, according to Kathy Steirly, the drug chain's vice president and general merchandise manager of beauty and fashion. "Our shoppers look forward to entering our beauty ...
Company is pacesetter in diverse areas.(News/Merchant of the Year)(Brief article)
Jan 01, 2007 ... DEERFIELD, Ill. -- When Kathy Steirly came on board at Walgreens in 2004 she joined one of the most dynamic retailers in the United States. Walgreens ranks No. 1 among food and drag stores on Fortune magazine's "Most Admired Companies in America" list, and 45th in the Fortune ...
Industry in need of a common goal.(drug stores and customer relations )
Jan 01, 2007 ... NEWARK, Del. -- Chain drug industry leaders need to come to a meeting of the minds, according to Alan Levin. Retailers should collectively decide where they would like to see the industry in five years, he maintains. "It's important that we work toward a common goal ...
Combined company gets off to solid start.(News)(Alliance Boots PLC financial report)(Financial report)(Brief article)
Jan 01, 2007 ... NOTTINGHAM, England -- Alliance Boots PLC's trading profit rose 2.7% to 267 million [pounds sterling] ($517.2 million) in the six months ended on September 30. The company reported sales and earnings for the first time since its formation on July 31, providing pro forma ...
The U.K.'s 'health and beauty market leader'.(Boots Group PLC and Alliance UniChem merge)
Jan 01, 2007 ... NOTTINGHAM, England -- The expansion of the Boots brand in the United States represents a small but significant opportunity for Alliance Boots PLC. The company, created via the merger of the Boots Group and Alliance UniChem last July, is mainly focused on delivering the ...
Deal fuels Nestle 'transformation'.(Supplier News)(Brief article)
Jan 01, 2007 ... BASEL, Switzerland -- Novartis AG is divesting its medical nutrition business as the Swiss-based company concentrates its strategies on health care. Nestle SA is purchasing the operation for about $2.52 billion in a transaction that is expected to be completed in the second half of this ...
Coca-Cola appoints Kent president, COO.(Supplier News)(appointment of Muhtar Kent as chief operating officer )
Jan 01, 2007 ... ATLANTA -- Muhtar Kent has been named president and chief operating officer of Coca-Cola Co. Kent, responsible for all of the soft drink company's operating units worldwide, reports to chairman and chief executive officer Neville Isdell. The post had been vacant since 2004. ...
Insight stresses cold prevention.(new anti-allergic drug Sucrets Defense)(Brief article)
Jan 01, 2007 ... LANGHORNE, Pa. -- With the cold/cough/flu season under way, the cold prevention category has emerged as a real opportunity for chain drug retailers. "The category is approaching $500 million, and it addresses an unmet consumer need," says Jeff Nugent, president and chief ...
Fleming takes aim at unmet needs.(decongestant drugs)(Brief article)
Jan 01, 2007 ... ST. LOUIS -- Fleming & Co. Pharmaceuticals continues to offer niche items and categories profitable to the chain drug market, including the nasal saline category, which was first developed by the company. Fleming's Ocean Premium Saline Nasal Spray is a "three in one" product ...
Multiple benefits of NV are promoted by Wellnx.(new anti-obesity drug NV )(Brief article)
Jan 01, 2007 ... MISSISSAUGA, Ontario -- NV, described as the first weight-loss/beauty pill, continues to generate market success since Wellnx Life Sciences Inc. launched the innovative product in April. According to a spokeswoman, NV's ingredients have been clinically proven to accelerate ...
HP promotes Kinsley and Voight.(appointment of Dan Kinsley )(Brief article)
Jan 01, 2007 ... PALO ALTO, Calif. -- Dan Kinsley has been named North America retail photo business director at HP (formerly Hewlett-Packard). The company, which entered the retail photo market early last year with its Photosmart Studio and Photosmart Express systems, has also named Rick Voight ...
Coty adds a third scent to Celine Dion line.(Supplier News)(Brief article)
Jan 01, 2007 ... NEW YORK -- Coty Inc. is poised to extend its highly successful Celine Dion fragrance franchise with the launch of Enchanting. The franchise has already captured $500 million in worldwide sales in its three years in existence. Enchanting by Celine Dion Parfums is the third ...
Faultless line sold to Apothecary.(mergers and acquisitions)(Brief article)
Jan 01, 2007 ... BURNSVILLE, Minn. -- Apothecary Products Inc. (API), a 30-year-old nationally recognized supplier of consumer health care products and pharmacy supplies, has acquired the Faultless brand from Hospira Inc., a leading provider of specialty pharmaceutical and medication delivery products ....
Pathmark succeeds in cutting loss.(Business)(Pathmark Stores Inc.)
Jan 01, 2007 ... CARTERET N.J. -- Improved gross margin and cost containment helped reduce the red ink at Pathmark Stores Inc. for both the third quarter and first nine months of fiscal 2006 despite the absence of any top-line growth. The results were better than analysts had expected. The net ...
SDM results reflect 'strong execution'.(Business)(Shoppers Drug Mart Ltd.)
Jan 01, 2007 ... TORONTO -- Its operations functioning with machine-like smoothness, Shoppers Drug Mart Corp. (SDM) posted double-digit increase in net income for the third quarter of fiscal 2006, meeting analysts' expectations in the process. The bottom line for the 16 weeks ended October 7 ...
Earnings at Kroger jump 15.8%.(Business)
Jan 01, 2007 ... CINCINNATI -- With samestore sales showing steady growth, net income made a double-digit jump during the third quarter of fiscal 2006 for Kroger Co., beating Wall Street's expectations in the bargain. And with three strong quarters on the books, management raised its guidance for the full ...
Chain drug suppliers notch good quarter.(Business)
Jan 01, 2007 ... NEW YORK -- Major manufacturers of core drug store merchandise collectively recorded a solid financial performance in the third quarter of 2006, as profits and sales each climbed at a double-digit pace. Combined, income from continuing operations at 25 suppliers tracked by Chain ...
Familymeds narrows losses as revenue grows.(Business)(FamilyMeds Group Inc.)
Jan 01, 2007 ... FARMINGTON, Conn. -- Double-digit revenue growth and cost-cutting measures allowed Familymeds Group Inc., the successor to DrugMax Inc., to slash both its operating and net losses for the third quarter of fiscal 2006. An earlier onetime gain on the early extinguishment of debt edged the ...
Operating profit growth robust at McKesson.(financial repor)(Financial report)
Jan 01, 2007 ... SAN FRANCISCO -- Riding a strong operating performance and the benefit of a tax credit, McKesson Corp. saw earnings from continuing operations surge by nearly 90% during the second quarter of fiscal 2007. Earnings from ongoing lines climbed 88.8% during the three months ended ...
Five events that transformed the industry.(My Turn)(CVS Pharmacy Inc., Happy Harry's Inc., Walgreen Co.)
Jan 01, 2007; ... For chain drug retailing, 2006 was truly a remarkable year. As astonishing as the events that rocked and changed the industry is the uncertainty, as the new year begins, as to how those events will ultimately play out. Of the five critical changes that characterized chain drug ...
Letters to the editor.(My Turn)(Letter to the editor)
Jan 01, 2007; ... Just wanted to let you know I appreciate your editorial ["The fallacy is that Rx is like any other business," CDR, November 6, 2006] scolding Meijer, Giant Eagle, etc., for abandoning all professionalism (which is pounded in pharmacists from Day 1 of pharmacy school) with the lunacy of ...
In today's battery market, it's no longer 'one size fits all".(CONSUMER ELECTRONICS)
Jan 01, 2007 ... NEW YORK -- Segmented purchasing by consumers is reshaping the batteries category, suppliers say, and chain drug retailers would do well to adapt to the change. The popularity of such high-drain devices as digital cameras is leading shoppers to seek out such high-performance ...
Delivering the message.(MERCHANDISING)(Long Live Music campaign of Energizer Holdings Inc.)
Jan 01, 2007 ... NEW YORK -- The importance of marketing to battery sales is evident from the enduring recognition of the Energizer bunny. But marketers are always pursuing innovation, and this year Energizer Holdings Inc. engaged in a small, targeted multimedia marketing campaign for its e2 ...
Specialty power cells good fit for drug chains.(MERCHANDISING)(drugstores sell specialty batteries)
Jan 01, 2007 ... NEW YORK -- The opportunity is at hand for chain drug retailers to become a destination for specialty batteries, suppliers say. With batteries for hearing aids, fitness products and such medical devices as blood pressure monitors making up a significant portion of the segment, ...
For chains that find right formula, video is a winner.(CONSUMER ELECTRONICS)(drugstores sell videos)
Jan 01, 2007 ... NEW YORK -- The home video category is a vital component of the front-end mix at a number of drug chains, while remaining insignificant at many others. The chain drug retailers that have achieved success in the category concentrate on three key areas: blockbuster hits, seasonal ...
Technology shakes up status quo.(consumer electronics)
Jan 01, 2007 ... NEW YORK -- Video technology continues to advance at a rapid pace, constantly impacting both retail strategies and American homes. A decade ago, for example, videocassettes were the most popular way to view movies at home, but that is clearly no longer the case. ...
Electric razor innovations backed by aggressive marketing efforts.(Consumer Electronics)(Philips Norelco 7180XL, Remington Titanium MicroFlex 800)
Jan 01, 2007 ... NEW YORK -- New product launches and marke--initiatives are heating up the electric razors category. Philips has introduced the Philips Norelco 7000 series, revamping its moderately priced Reflex line with some of the same technology and features of its high-end shavers. ...
Home laser hair removal becomes a viable option.(Consumer Electronics)(Brief article)
Jan 01, 2007 ... NEW YORK -- The Food and Drug Administration has approved the first over-the-counter laser hair-removal system. The product was developed by Palomar Medical Technologies Inc. The Gillette unit of Procter & Gamble Co. (P&G) hopes to capitalize on the $2.7 billion professional ...
Home health testing is on the rise.(Consumer Electronics)
Jan 01, 2007 ... NEW YORK -- Home screening devices are a key to wellness, and chain drug retailers are educating consumers about their importance. High blood pressure and diabetes are conditions that affect tens of millions of Americans, and more and more consumers count on their pharmacist for ...
Kaz forges an alliance with Braun.(Consumer Electronics)(Braun GmbH strategic partnership with Kaz Inc.)
Jan 01, 2007 ... NEW YORK -- Braun GmbH, a unit of Procter & Gamble Co., and Kaz Inc. have formed a strategic partnership that entails Kaz acquiring Braun's thermometer and blood pressure monitor business. The partnership also includes a licensing agreement between the two companies under which ...
Drug chains succeed in winning back some market share.
Jan 01, 2007 ... CDR Special Report -- CVS Corp., Walgreen Co. and other drug chains are making inroads against discount store giant Wal-Mart Stores Inc. in over-the-counter health care product categories, even as profits are reportedly slipping among major nonprescription drug makers. The ...
Adverse event reporting bill passes.(O-T-C BEST-SELLERS)(over-the-counter drugs)
Jan 01, 2007 ... WASHINGTON -- Manufacturers and trade associations are hailing legislation passed late last year that requires over-the-counter drug and dietary supplement manufacturers to provide the Food and Drug Administration with any reports they receive of serious adverse events (AERs) linked to the ...
O-T-C makers not immune from consolidation craze.(O-T-C BEST-SELLERS)(Over-the-counter drugs)
Jan 01, 2007 ... LITTLE FALLS, N.J. -- Larger companies are gaining increasing dominance in the over-the-counter drug market as acquisitions and mergers push greater sales volume into a select group of suppliers, according to Kline & Co. "Drug manufacturers are seeking big consolidation deals ...
Total U.S. H&BA sales by dollars.(Statistical table)
Jan 01, 2007 ... <Pre> Total U.S. H&BA sales by dollars For the 52 weeks ended November 5, 2006 TOTAL FOOD/DRUG/DISCOUNT EXCEPT WAL-MART TOTAL FOOD DOLLAR % DOLLAR% CATEGORY...
Total U.S. H&BA sales by units.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Total U.S. H&BA sales by units For the 52 weeks ended November 5, 2006 TOTAL FOOD/DRUG/DISCOUNT EXCEPT WAL-MART TOTAL FOODUNIT%UNIT% CATEGORY...
IRI's H&BA subcategories--pricing and sales by type of merchandising activity *.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> IRI's H&BA subcategories--pricing and sales by type of merchandising activity *Avg. price % Dollars, any Avg. price per unit %merchandising per unit change ** ...
Adult incontinence.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Adult incontinence % change% change vs. vs. Trade class Dollar sales year ago Unit sales year ago TOTAL MASS MARKET $592,490,000 +7.0%61,770,130 ...
Antacid liquids/powders.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Antacid liquids/powders % change% change vs. vs. Trade class Dollar sales year ago Unit sales year ago TOTAL MASS MARKET $107,889,300--...
Antacid tablets.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Antacid tablets % change % change vs. vs. Trade class Dollar salesyear agoUnit sales year ago TOTAL MASS MARKET $1,029,862,000+11.3%...
Antismoking.(O-T-C BEST-SELLERS)(Statistical table)(Brief article)
Jan 01, 2007 ... <Pre> Antismoking % change% change vs. vs. Trade class Dollar sales year ago Unit sales year ago TOTAL MASS MARKET $508,786,800 +1.8%13,760,840...
Blood pressure test kids.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Blood pressure test kits % change% change vs. vs. Trade class Dollar sales year ago Unit sales year ago TOTAL MASS MARKET$98,384,350 +2.2% ...
Breath freshener sprays/drops.(O-T-C BEST-SELLERS)(Statistical table)
Jan 01, 2007 ... <Pre> Breath freshener sprays/drops % change% change vs. vs. Trade class Dollar sales year ago Unit sales year ago TOTAL MASS MARKET$7,294,647 -31.5%...