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  • New products boost external analgesic rubs

    Quest Products is looking to break onto the external analgesic scene with CopperFixx, a balm that combines the analgesic properties associated with copper and arnica. “Copper has always been known to help relieve the aches and pains of certain afflictions,” said Don Ryan, president and CEO of Quest Products. “Until now, no one had figured out how to produce it in a consumer-friendly form.”

  • Nexium 24HR remains leader ahead of private-label launches

    Pfizer’s Nexium 24HR is the clear leader in the digestive aisle. However, in March 2017, store-brand versions of Nexium 24HR will be available. Perrigo has already secured a tentative approval from the Food and Drug Administration for its OTC Nexium 24HR generic equivalent. “We are currently working with our retail customers in making plans to launch the item as soon as possible after the late March 2017 market exclusivity period expires for the national brand,” John Henderickson, Perrigo president and CEO, recently told investors.

  • All-in-one toothpastes brighten shelves

    Consumers are becoming more aware that keeping the mouth and teeth clean is a key component of a healthy lifestyle. Other factors driving sales of oral care products include the burgeoning older population in the United States needing more oral health care, and the demand for natural and cosmetic solutions to dental health issues.

  • Following disappointing quarter, new Fred's CEO focuses on future

    MEMPHIS, Tenn. - Fred's Super Dollar on Tuesday reported a decline in total sales of 3% for the second quarter ended July 30, though the company posted total sales increases of 2.3% for the first half of 2016 as compared to the year-ago period.

  • Walmart U.S. drives 3.1% gain in net Q2 sales

    BENTONVILLE, Ark. - Walmart U.S. on Thursday posted a 3.1% lift in net sales for its second quarter ended July 29 to $76.2 billion and delivered positive comp sales for the eighth consecutive quarter, up 1.6%, along with the seventh consecutive quarter of positive traffic, which was up 1.2%.

    Net sales at Sam's Club for the period were down 1.3% to $14.5 billion with a slight 0.6% gain in comparable sales (excluding fuel) and a slight 0.4% decline in overall traffic. Net sales, without fuel, grew by 0.4%, Walmart reported.

  • Target Q2 earnings fall but top Street; plants red flag for full year

    Target Corp. on Wednesday reported second quarter earnings that exceeded Wall Street expectations, but the discounter lowered its guidance for the full year amid declining sales and what it called a “difficult retail environment.”
     

  • Walmart buying Jet.com for $3 billion

    Walmart Stores announced it will acquire retail start-up — and would-be Amazon rival — Jet.com for approximately $3 billion in cash. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction.
     
    The deal will go a long way to helping Walmart expand its e-commerce growth and customer reach, and also give it more firing power as it competes with Amazon.  And Jet.com’s popularity with millennials will help the discounter attract a younger, higher-income customer. 

  • Protein shakes, bars boost nutrition sales

    While Americans are redefining what it means to age well and stay healthy, many adults 50 years and over are still feeling the effects of aging. AARP earlier this year surveyed 1,480 Americans ages 50 years and older, and found that while a majority see themselves in good health, 1-in-2 reported that they wished they had more strength or energy to participate in the activities that they enjoy.

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