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Tiger Balm to be premier sponsor of the Avon Walk for Breast Cancer Chicago

BY Michael Johnsen

HAYWARD, Calif. — Tiger Balm U.S. on Wednesday announced its third year as a premier sponsor of the Avon Walk for Breast Cancer Chicago. The two-day walk takes place May 31 and June 1 between Soldier Field and Horner Park.

“For nearly 100 years, Tiger Balm has been committed to providing relief from pain and suffering,” stated Kenneth Yeung, president of Prince of Peace Enterprises, the sole licensed United States distributor for all Tiger Balm products. “The Avon Walks provide vital support to people suffering from breast cancer, and we are honored to join Avon and the people of Chicago in our common fight against this terrible disease.”

As part of its sponsorship, Tiger Balm U.S. will distribute free samples of Tiger Balm Ultra Strength Ointment from its tent at the Avon Wellness Village on the first day of the Walk.

Tiger Balm U.S. is also providing a photo booth kiosk where Walk participants can pose for free souvenir photos to mark the significance of the day. Participants will receive a printed photo and will also be able to share their photos via email, text message or social media.

Additionally, Tiger Balm U.S. will give away three gift packs filled with $300, $200 or $100 worth of Tiger Balm U.S. products and gear. Walk participants can enter to win by following @Tiger_Balm_US on Twitter and tweeting a photo or Vine video from the event. The photo or video should feature themselves at the Tiger Balm U.S. tent, or elsewhere at the event with the free sample, and the tweet must include the hashtags #TigerBalm and #AvonWalksCH.

Tiger Balm U.S. is also sponsoring two other Avon Walk for Breast Cancer events in 2014, including the walks in San Francisco (July 12 and 13) and New York (October 18 and 19).

In addition to sponsoring key local events, Tiger Balm U.S. is raising awareness for the Avon Walk message on a national level by including Avon stickers on the packaging of Tiger Balm Neck & Shoulder Rub and Tiger Balm Pain Relieving Patch.

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Mylan launches olanzapine tablets

BY Ryan Chavis

PITTSBURGH — Mylan on Wednesday announced that it has launched olanzapine orally disintegrating tablets in 5-mg, 10-mg, 15-mg and 20-mg strengths. The drug is the generic version of Zyprexa Zydis tablets from Eli Lilly and Co.

The drug is used for the treatment of schizophrenia or the acute treatment of manic or mixed episodes associated with bipolar I disorder and maintenance treatment of bipolar I disorder. Olanzapine ODT had U.S. sales of $120.8 million for the 12 months ending March 31, 2014, according to IMS Health.

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NRF: April sales figures ‘weaker than anticipated’

BY Dan Berthiaume

WASHINGTON — Retail sales rose ever so slightly in April, putting a damper on hopes of a sharp uptick in economic growth in the second quarter. According to the U.S. Commerce Department, retail sales — which include categories such as automobiles, gasoline stations and restaurants — rose 0.1% in April, following a revised 1.5% increase in March that ranked as the biggest since March 2010.

According to the National Retail Federation, April retail sales, which exclude automobiles, gas stations and restaurants, were unchanged seasonally-adjusted month-to-month, yet increased 4.7% unadjusted year-over-year.

“Even though retail sales were weaker than anticipated, the fundamentals of the economy, including improving job growth and income gains, remain positive,” said chief economist Jack Kleinhenz. “While the shift in Easter played into the seasonal figures, NRF remains optimistic that retail sales will keep their positive trajectory, albeit in fits-and-starts, in the second quarter.”

Additional findings from NRF’s retail sales analysis include:

• Building material and garden equipment and supplies dealers stores’ sales increased 0.4% seasonally-adjusted month-to-month and 2.7% unadjusted year-over-year;

• Clothing and clothing accessories stores’ sales increased 1.2% seasonally-adjusted month-to-month and 5.2% unadjusted year-over-year;

• Electronics and appliance stores’ sales decreased 2.3% seasonally-adjusted month-to-month and 1.8% unadjusted year-over-year;

• Furniture and home furnishing stores’ sales decreased 0.6% seasonally-adjusted month-to-month yet increased 3.6% unadjusted year-over-year;

• General merchandise stores’ sales increased 0.2% seasonally-adjusted month-to-month and 5.3% unadjusted year-over-year;

• Health and personal care stores’ sales increased 0.6% seasonally-adjusted month-to-month and 6.6% unadjusted year-over-year;

• Nonstore retailers’ sales decreased 0.9% seasonally-adjusted month-to-month yet increased 5.8% unadjusted year-over-year; and

• Sporting goods, hobby, book and music stores’ sales increased 0.7% seasonally-adjusted month-to-month yet decreased 0.6% unadjusted year-over-year.

“The shift in Easter to April did not provide enough bounce to retailers as retail sales struggled to keep their strong spring pace,” NRF president and CEO Matthew Shay said. “With consumer spending accounting for roughly 70% of total economic activity, NRF remains hopeful that the uninspiring April retail sales figures are just a temporary seasonal fluctuation.”

 

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