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Target gets hearts pumping with SoulCycle partnership

BY Michael Johnsen

MINNEAPOLIS — Target on Thursday announced a partnership with SoulCycle, the country’s premier full-body cycling workout, to bring guests across the country a wellness experience like no other.
 
“We know that wellness is top of mind for so many of our guests, especially at this time of year when people are looking for ways to reinvigorate their exercise routines” stated Jeff Jones, chief marketing officer, Target. “By partnering with a premier fitness brand like SoulCycle, we can offer a uniquely Target experience and help our guests start the new year off on a positive note.”
 
SoulCycle’s signature studio cycling classes are a rising trend — the 45-minute, high-intensity workouts (complete with candlelight and rocking music) have already captivated fitness enthusiasts in several U.S. cities. 
 
As part of the partnership, Target will be broadening the program’s reach to give guests unprecedented access to this experience. This month, Target and SoulCycle will launch a 10-city tour featuring special three-day weekend events — with complimentary classes taught by certified SoulCycle instructors — in the following markets:
 
  • Jan. 22–24: Washington D.C., Houston and Seattle;
  • Jan. 29–31: Atlanta, Nashville and Denver;
  • Feb. 5–7: Miami and Chicago; and
  • Feb. 12–14: Minneapolis and Los Angeles. 
Events are open to the public for six classes a day, but with the limited number of bikes, space is expected to fill up quickly. 
 
To help guests give their workout gear a stylish refresh, each event will also feature a pop-up shop with Target x SoulCycle workout apparel, plus wellness products. 
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Costco December comp sales up 3% with strong performance from pharmacy division

BY Michael Johnsen

ISSAQUAH, Wash.  – Costco Wholesale Corporation on Wednesday reported net sales of $12.5 billion for the month of December, which includes the five weeks ended Jan. 3, 2016, an increase of 3%.
 
For the 18 weeks ended Jan. 3, 2016, the company reported net sales of $41.7 billion, an increase of 2%.
 
Comparable sales across Costco's U.S. network were up 3% across both time frames.
 
Comparable results were best among the company's hearing aid, optical and pharmacy categories, Jeff Elliott, AVP financial planning and investor relations, shared in a pre-recorded call for investors. Comparable sales of fresh food was up in the mid single digits and across food and sundries in the low to mid single digits, Elliott reported. 
 
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Lupin launches generic Ortho Tri-Cyclen Lo

BY DSN STAFF

MUMBAI and BALTIMORE — Lupin Pharmaceuticals announced Wednesday that it had launched its Tri-Lo-Marzia (norgestimate and ethinyl estradiol) tablets, a generic version of Jannsen’s Ortho Tri-Cyclen Lo. The drug is indicated to prevent pregnancy in women. 
 
Ortho Tri-Cyclen Lo saw about $488.4 million in sales in the 12 months ending September 2015, according to IMS Health. This is Lupin’s 16th contraceptive launch in the United States. 
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