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GelStat to reach 30,000 c-stores through Next Distributors

BY Michael Johnsen

PALM CITY, Fla. — GelStat on Monday announced that it has signed a distribution agreement with Next Distributors, which serves more than 30,000 independent convenience stores throughout the United States.
 
"This distribution agreement opens up new markets for the company," stated Larry Gershman, GelStat CEO. "This is a perfect venue for All Natural Speed as market feedback suggestion an alternative to energy drinks are desired by consumers. Obviously with 5-Hour Energy selling an estimated 5 million units per day, this represents a significant opportunity." 
 
"I believe that the combination of Next Distribution and Gelstat will work seamlessly to successfully penetrate the market with Gelstat's products," noted Ken Tawfik, Next Distributors CEO. 
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Shoppers Drug Mart/Pharmaprix recalls Halloween Squish Ball due to potential choking hazard

BY Antoinette Alexander

 

TORONTO — Canada’s Shoppers Drug Mart/Pharmaprix is recalling the Halloween Squish Ball Novelty Toy, product number 057800879657, because the product may burst when squeezed and has small parts, which could detach posing a potential choking hazard, the company has announced.  

This product was sold at Shoppers Drug Mart / Pharmaprix stores beginning Sept. 6, 2014.  

The retailer stated that it has not received any report of injuries related to this product.

Customers who have purchased this item are asked to return it to their local Shoppers Drug Mart or Pharmaprix store for a full refund, with or without the receipt. For questions related this product recall, contact Shoppers Drug Mart/Pharmaprix customer service at 1-800-746-7737.
 

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Walgreens outlook positive as company prepares for another ‘milestone’ year

BY Michael Johnsen

DEERFIELD, Ill. — 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. The tone of the conference call was positive, reflecting the outlook for the company in fiscal 2015. "Overall the [fourth] quarter have met our expectations and closed down a challenging, important and historic year for Walgreens," Greg Wasson, Walgreens president and CEO told analysts. "We recognize we have more to do, as fiscal '15 is another milestone year for our company."
 
 
Looking forward, Walgreens is well positioned to take advantage of industry tailwinds, Wasson said. Specifically, Walgreens expects to expand its offerings to an aging population, serve more patients with chronic conditions, capitalize on the consumerization of healthcare, improve its generic penetration and meet a growing demand for a personalized shopping experience. 
 
"With our suite of healthcare services and team of professionals in our communities, with our approach to omnichannel access and the strength of our loyalty program, and most important, the potential of a strategic partnership with Alliance Boots, we are positioned well to serve the needs of a changing customer and industry," Wasson said. 
 
Walgreens is also prepared against industry headwinds expected in 2015, Wasson said. "We are realistic about the headwinds we face for the year," he said. Wasson identified a cautious consumer, ongoing reimbursement pressure, generic drug inflation and significant step-downs from Medicare Part D reimbursement rates as the headwinds facing the company in the coming year. "The market reality certainly creates a challenge for us in fiscal 2015, but one that we understand, accept and are driven to meet."
 
Looking back, Walgreens reached several significant milestones through fiscal 2014. The company's Well Experience store formats now total 750 with another 1,000 to come in fiscal 2015. "These formats offer more innovative health and wellness products and solutions, provide a private consultation room to receive health services and speak to your trusted pharmacist and offer personal care on everyday items our customers value," Wasson said. 
 
And Walgreens now fields 14 flagship locations across nine major markets. Walgreens' flagship locations help capture the company's front-end aspirations as the Chicago retailer reshapes the drug store shopping experience. "These flagships, along with our Well Experience stores, bring a real vibrancy to our markets and build awareness of our brand," Wasson said. 
 
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G.Vimont says:
Sep-30-2014 10:23 am

Please --- you have to wait several hours after the opening bell to see how investors are treating any earnings reports. At just about 2 hours after the opening bell the stock is fluctuating quite a bit -- even being on the down side.

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