Rite Aid recognizes Physicians Formula, others, as suppliers of the year

AZUSA, Calif. Rite Aid has awarded Physicians Formula Holdings its 2008 Front-End Supplier of the Year, Physicians Formula announced Monday.

The drug store chain recognzied Physicians Formula for its “support of new promotional opportunities and high sense of urgency and speed of response that extends beyond the category management group and into merchandising and the supply chain.”

“We are very pleased that Physicians Formula has been recognized by Rite Aid as a Supplier of the Year,” Physicians Formula chief executive officer Ingrid Jackel said. “This award is a testament to our team’s dedication to providing our retail partners with not only the most innovative products, but by also working with them to educate and provide value to consumers to increase their sales.”

Other award recipients included Church & Dwight, LNK International, Pharmavite and Procter & Gamble.