Remodeled Hy-Vee store to feature drive-through pharmacy
OMAHA, Neb. — Westwood Financial, a national owner-operator of shopping centers, has announced the expansion and remodel of a Hy-Vee supermarket at its Applewood Centre here.
The current 60,000-sq.-ft. store will be expanded by 10,500 sq. ft. to accommodate a pharmacy drive-thru, in-store restaurant and wine & spirits store.
“It has been a pleasure to work with Hy-Vee to accommodate this expansion,” stated Kenneth Loughran, SVP Westwood Financial. “The upgraded and remodeled store will not only give Hy-Vee a more contemporary look inside and out, but it also will drive additional traffic to the center, which is a benefit for existing tenants and an incentive to business owners interested in starting or expanding businesses at Applewood.”
Hy-Vee operates 236 stores throughout the Midwest.
Mallinckrodt completes acquisition of Cadence Pharmaceuticals
DUBLIN — Mallinckrodt, a specialty pharmaceuticals company, announced the completion of its acquisition of Cadence Pharmaceuticals for approximately $1.4 billion.
The acquisition adds Ofirmev (acetaminophen) injection to Mallinckrodt’s roster of brands and its specialty pharmaceuticals portfolio of controlled substance specialty generics.The drug is used to manage mild to moderate pain, the management of moderate to severe pain with adjunctive opioid analgesics and the reduction of fever, the company said. Ofirmev also will expand Mallinckrodt presence in the U.S. hospital channel.
“We are excited by the opportunities provided by Ofirmev, which will significantly expand Mallinckrodt’s ability to serve U.S. hospitals,” said Mark Trudeau, resident and CEO of Mallinckrodt. “As anticipated, the transaction was straightforward, closed quickly, and we are planning for a rapid and successful integration, which we expect to be completed by the beginning of September. We believe this accelerated integration will provide greater clarity and direction for the employees joining us, and ensure that the merger of Ofirmev and the transition of the hospital team into Mallinckrodt is smooth and best serves our customers.”
Ethisphere Institute recognizes L’Oréal as one of ‘World’s Most Ethical Companies’
NEW YORK — Beauty giant L’Oréal has been recognized by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a “World’s Most Ethical Company.”
This marks the fifth time that L’Oréal has received this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior.
L’Oréal also has reached first place in the personal and household goods sector and eighth globally, with a grade of Aa+, in the Covalence EthicalQuote, a reputation index tracking the world’s largest 581 companies on environmental, social, governance, corporate social responsibility, ethics and sustainability.
"This good news coincides with the launch of our ambitious ‘Sharing Beauty with All’ commitments regarding sustainable innovation, production and consumption," stated Jean-Paul Agon, CEO and chairman of L’Oréal. "Respecting high ethical standards and serving the common good will not only make a real difference in the 21st century, but will also, through the resulting transformations, have a positive impact on our company’s profitability."
Ethics at L’Oréal:
- In 2007, Emmanuel Lulin was appointed as L’Oréal’s chief ethics officer;
- In 2008, Agon received the Stanley C. Pace Leadership in Ethics Award;
- L’Oréal is a signatory of the United Nations Global Compact since 2003, is one of the 100 companies included in the new Global Compact 100 stock index and has recently signed the Women’s Empowerment Principles, an initiative of UN Women and the Global Compact; and
- L’Oréal organizes an annual Ethics Day where employees from around the world can chat online with L’Oréal’s chairman and CEO about ethics.