As CVS reported that the U.S. Department of Justice will allow it to proceed with its pending acquisition of Aetna, the company also added new board directors and management in anticipation of the merger closing.
Best Buy has appointed Cindy Kent, a health care executive, to its board of directors, effective immediately.
After its failed merger attempt with Walgreens Boots Alliance, Rite Aid has been developing a standalone strategy to move forward, but still saw a net loss in the second quarter.
Kroger and Walgreens are collaborating on an exploratory pilot with a new format and concept that combines Kroger’s grocery role with Walgreens’ pharmacy, health and beauty expertise.
Walgreens Boots Alliance has reached an agreement with the Securities and Exchange Commission to fully resolve an investigation into forward-looking financial goals and related disclosures by Walgreen Co.
Charles Philippin is set to resign as non-executive chairperson of the board of directors of Ulta Beauty effective September 30, 2018, due to medical reasons.
Sales of smart home devices with voice control, excluding smart speakers, will leap from just 154,000 units in 2018 to 32.3 million in 2025, according to the report “2018 Smart Home Devices with Voice Control” by Strategy Analytics.
Walgreens and Fred’s have entered into a definitive asset purchase agreement. Walgreens will acquire pharmacy patient prescription files and related pharmacy inventory of 185 Fred’s stores located across 10 Southeastern states.
Gevilan, a professional personal care brand, has partnered with Silk’n to produce the ElaziR 3D skin tightening device. The skin care tool is designed to visibly reduce and reverse sagging skin and wrinkles, the company said.
CVS Health has opened a new retail distribution center in Kansas City, MO, located at 10711 North Congress Avenue in the Skyport Industrial Park.
Fitbit has launched its Charge 3 fitness tracker, which features the company’s most advanced sensor and algorithm technology in a tracker, the company said.
Best Buy has signed a definitive agreement to acquire GreatCall, Inc. for $800 million in cash.
Rite Aid recently updated its fiscal 2019 outlook, which the company initially provided on April 12.
In a second quarter hit by one-time unique charges, CVS Health recorded a company net loss of $2.56 billion, or $2.52 per diluted share, versus company net income of $1.1 billion, or $1.07 per diluted share, in the year-before period.
Clarisonic has introduced two new skin care tools, the Mia Smart, featuring Bluetooth connectivity, and Mia Prima.
The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
Fitbit has partnered with the Council of Fashion Designers of America (CFDA) to launch the PH5 for Fitbit Versa collection. The new line of accessories combines an unconventional approach to knitwear, featuring six bands in a variety of bold styles and colors, the company said.
Water Pik, Inc. has voluntarily recalled its Sonic-Fusion flossing toothbrush. The toothbrush’s charging base may overheat with localized melting and sparking, possibly causing fire, shock or burns, the company said.
Philips Sonicare has launched a new Sonicare ProtectiveClean electric toothbrush line.
Helen of Troy gained momentum with its Project Refuel strategies, reporting net sales growth for its fiscal first quarter led by its health and home and housewares segments.