Bayer on Wednesday announced it has completed the acquisition of the consumer care business of the U.S. pharmaceuticals group Merck.
"We're moving to a personal relationship with our customers, which in retail has never been seen before," said Tim Theriault, Walgreens SVP and chief information, innovation and improvement officer.
Walmart on Monday morning officially unveiled its Walmart Pickup Grocery pilot with a ribbon-cutting ceremony, according to local CBS affiliate KFSM-TV 5News.
Shares of Walgreens were up about $1.50 to more than $61 per share as the market opened Tuesday morning following the company's fourth-quarter earnings call.
Cat videos equate to massive popularity, at least by the Internet's viral-content standards. Friskies, a brand from Nestlé Purina PetCare, celebrated the best of the best at its awards gala, "The Friskies."
Rx-to-OTC switches are expected to continue, serving as a triple-win for the industry as retailers gain more store traffic and category sales; consumers benefit from easier access to effective remedies; and brands enjoy revenue streams that extend beyond patent expiration.