PRINCETON, N.J. — Pharmacists rank high in terms of public trust, but they fall short of being No. 1. Nurses topped Gallup’s Honesty and Ethics of Professions rankings for 2015, a feat that the profession has accomplished every year but one since it was added to the list in 1999. The exception is 2001, when
BENTONVILLE, Ark. – Tony Rogers has been named chief marketing officer at Walmart. Rogers, a 10-year company veteran who has been CMO of Walmart China for the past two years, succeeds Stephen Quinn, who is retiring. In China, Rogers initially reported to Greg Foran, then chief executive officer of Walmart China and now CEO of
MINNEAPOLIS – General Mills reports that it’s making headway in its effort sodium by 20% across 10 key U.S. retail product categories by the end of this year. The food company said that it has met or exceeded its goal in seven of 10 categories, with reductions across the 10 categories ranging from 18% to
HERSHEY, Pa. – The Hershey Co. has hired sales veteran Rob Gehring as global chief sales officer. Hershey said Gehring is slated to assume the post effective Jan. 18. He comes to the company from Coca-Cola North America, where he served as president of the Walmart global team since 2011. “Rob is a seasoned sales
CINCINNATI – Procter & Gamble Co. (P&G), through its subsidiary Gillette Co., has filed a lawsuit against Dollar Shave Club, a marketer and retailer of shaving products. The lawsuit alleges that Dollar Shave Club’s razors are violating Gillette’s intellectual property. The lawsuit cites unauthorized use of patented technology, which is prohibited by law, and is
MODESTO, Calif. – E.&J. Gallo Winery has agreed to purchase The Ranch Winery, a custom crush winery specializing in both small- and large-scale production in St. Helena, Calif. “We are excited to have this highly capable winery in close proximity to our other Napa wineries. This purchase supports the company’s continued growth in the super
CAMP HILL, Pa. – Rite Aid Corp. posted fiscal 2016 third-quarter adjusted earnings in line with Wall Street estimates and announced a special shareholders meeting to vote on its $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Rite Aid said Thursday that for the third quarter ended Nov. 28, net income totaled
NEW YORK – CVS Health, at its annual analysts’ day held here on Wednesday, raised the midpoint of its earnings outlook for 2016 and reiterated its five-year targets. “Over the past several years, CVS Health has been preparing for the changes in the health care landscape by expanding our extensive suite of leading assets and
WOONSOCKET, R.I. – CVS Health has completed its $1.9 billion acquisition of Target Corp.’s pharmacy and retail health clinic business. CVS Health has completed its $1.9 billion acquisition of Target Corp.’s pharmacy and retail health clinic business. The companies said Wednesday that Target’s 1,672 pharmacies in 47 states will be branded as CVS/pharmacy and operated
ST. LOUIS – Schnucks Markets Inc. has appointed Mark Doiron to be its new chief merchant. Doiron, who joins Schnucks with more than 25 years of food and grocery industry experience, will be responsible for procurement and merchandising for the regional chain’s 99 supermarkets. He reports to Schnucks chairman and chief executive officer Todd Schnuck.
DEERFIELD, Ill. – Valeant Pharmaceuticals International Inc. and Walgreens have entered agreements in which the drug maker will directly distribute branded prescription drugs in a range of therapeutical areas to the pharmacy chain at reduced pricing. Valeant said that, under the fulfillment agreement, it will cut the wholesale list prices of its branded dermatological and
NEW YORK – Surging online sales contrasted with disappointing brick-and-mortar volume as the holiday shopping season got under way. E-commerce purchases soared 14% on Cyber Monday to a record $3 billion plus, causing websites including target.com to temporarily crash from overuse. In-store crowds for Black Friday, by comparison, were thinner than expected. ShopperTrak estimated brick-and-mortar