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May 25, 2015

TOP STORY

Meijer to buy specialty pharmacy Aureus

Meijer Inc. has entered an agreement to buy Aureus Health Services, a national specialty pharmacy and health management service provider.

Financial terms of the deal weren’t disclosed. The supercenter retailer said late Wednesday that the addition of Aureus’ high-touch, patient-centered services will enable the chain’s pharmacy operation to enhance its customer offerings, namely to patients with complex chronic conditions.

 

RETAIL NEWS BREAKS

CVS Health to acquire Omnicare

CVS Health is entering a new market segment with a $12.7 billion deal to acquire Omnicare, a provider of pharmacy services to long-term care facilities.

First quarter sales and earnings rise at Target

Target Corp. said Wednesday that its first quarter profit rose 52% on a revenue increase of 3% to $17.1 billion. The company said it earned $1.10 per share in the period, up from 70 cents a share a year ago.

Bi-Lo Holdings renamed Southeastern Grocers

Bi-Lo Holdings LLC, the parent company of the BI-LO, Harveys and Winn-Dixie supermarket chains, has changed its name to Southeastern Grocers.

Walmart’s Q1 sales higher, profits lower

Walmart said Tuesday that same-store sales at its U.S. stores rose by 1.1% in the fiscal first quarter but profit fell due to the strength of the dollar and the cost of investments in higher wages and the retailer’s e-commerce platform.

GMDC launches GM15 Conference

The Global Market Development Center (GMDC) is holding its general merchandise conference May 28 to June 1. The event will give retail decision makers and suppliers the chance to exchange sales ideas during 10 to 20 minute in-person pre-scheduled and impromptu meetings or "speed-dates."

Panzer to lead pharmacy at Albertsons

Mark Panzer is stepping down as president and chief executive officer of Pharmaca Integrative Pharmacy to become senior vice president of pharmacy, health and wellness at AB Acquisition LLC, the parent company of food and drug chains Albertsons and Safeway.

Delhaize and Ahold discuss possible merger

Delhaize Group of Belgium and Netherlands-based supermarket operator Ahold acknowledged Tuesday that they are in talks about a merger that would unite Delhaize’s Food Lion and Hannaford grocery store chains with Ahold’s Stop & Shop, Giant Food, Giant and Martin’s Food Market chains in the United States, creating the nation’s fifth-largest food retailer.

More Retail News Breaks >>

SUPPLIER NEWS BREAKS

For grocers, ‘going local’ requires comprehensive view

Grocery retailers continue to struggle with the supply chain and marketing challenges driven by the local food consumer movement. Going forward, they’ll need to go beyond the basic inclusion of local items in their assortment in order to benefit.

Centrum unveils gummy multivitamin

Pfizer Consumer Healthcare has launched Centrum MultiGummies, a multivitamin that comes in an easier-to-take, pleasant-tasting gummy form.

Osteo Bi-Flex debuts EASE mini-tabs

Osteo Bi-Flex has expanded its lineup of joint health supplements with Osteo Bi-Flex EASE mini-tabs.

Petnology Essentials launches healthful biscuits for dogs

Petnology Essentials, the 21st Century Animal HealthCare pet wellness brand, has launched Hip & Joint Large Biscuit for dogs.

Trudeau introduces on-the-go hydration bottles

Trudeau Corp. has launched a host of on-the-go water and beverage bottles utilizing the latest technologies and functional elements in portability and durability.

Goody expands Ouchless hair accessories line

Goody Products Inc., a hair accessories and styling tools company, is expanding its Ouchless line with the launch of Ouchless Brushes, designed to reduce hair breakage for women with all hair types.

Mars Chocolate to broaden candy, snack offerings

Mars Chocolate North America plans to launch an array of candy and snack items through the balance of the year, including the new goodnessknows Snack Squares.

More Supplier News Breaks >>
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