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  • CVS Caremark releases 2010 corporate social responsibility report

    WOONSOCKET, R.I. — CVS Caremark announced on Tuesday the release of its 2010 corporate social responsibility report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes and positively impacting people's lives through its social investments.

    The report, titled "Innovation, Leadership, Commitment," marks the company's fourth annual CSR report, which is available online at Info.cvscaremark.com/CSR.

  • Rite Aid achieves EnergyStar certification from EPA

    CAMP HILL, Pa. — Three Rite Aid stores in New England have received Energy Star certification from the Environmental Protection Agency, the retail pharmacy chain said Monday.

  • Report: Salma Hayek to launch makeup line at CVS

    WOONSOCKET, R.I. — Actress Salma Hayek is stepping into the mass-market beauty business with a new makeup line exclusively for CVS/pharmacy called Nuance, which is slated to hit store shelves in August, according to published reports.

    Hayek reportedly has been conceptualizing the initiative for a decade and took three years off from acting to create the collection, which ranges from makeup to hair care to skin care products. Products in the 100-SKU line are priced between $7.99 and $19.99.

  • Former Supervalu executive joins iControl

    ROCKVILLE, Md. — Mike Jackson was named to the board of directors of iControl Systems USA, where he also will serve in the capacity of senior adviser to iControl president and CEO Tal Zlotnitsky.

    Jackson is a 30-year veteran of Supervalu who retired from the company in late 2009 as president and COO.

  • Hats off to Ryan, Sammons

    WHAT IT MEANS AND WHY IT'S IMPORTANT — Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

    (THE NEWS: NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards. For the full story, click here)

  • Akorn acquires AVR in $26 million deal

    LAKE FOREST, Ill. — Akorn, a niche generic pharmaceutical company, earlier this week entered into an agreement to acquire Advanced Vision Research, an over-the-counter ophthalmic company that promotes eye care products under the TheraTears and MacuTrition brands.

  • CVS off to ‘good start,’ Merlo says; company committed to PBM biz

    WOONSOCKET, R.I. — CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.

  • Wholesale clubs report rise in April sales

    NEW YORK — Sales during the month of April edged up for wholesalers Costco and BJ's Wholesale Club, the companies reported Thursday.

    Issaquah, Wash.-based Costco reported a 17% increase for the four weeks ended May 1 to $6.8 billion, compared with the year-ago period. For the period ended April 30, BJ's disclosed a sales increase of 12.2% to $871.7 million, compared with April 2010.

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