Relocation of e-tailer to Memphis, Tenn. from San Francisco will help reduce PlanetRx' cash-burn rate by 50%, the company maintains Aug. 28. PlanetRx notes 75% of its current employee base already is located in its Memphis-based 175,000 sq. ft. center. In consolidating operations, the e-tailer expects to "eliminate redundancies," reduce operating expenses and lower consumer acquisition costs. In June, PlanetRx announced a 15% workforce cut and a reduction in ad spending (1"The Rose Sheet" June 26, In Brief). The company also names John McAlpin to president and chief operating officer, succeeding Michael Beindorff. McAlpin joined PlanetRx in 1998 as senior VP-distribution services
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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Designed to help moisturize the body’s mucous membranes, the Membralife supplement is now available in Sweden. The launch comes with AstaReal now under new management following the appointment of Daniel Flodqvist as CEO.
Gum health awareness among British consumers could be better, a recent Haleon survey finds.
Based on advice from its advisory committees, the UK's Food Standards Agency is encouraging businesses to meet an acceptable daily intake of 10mg CBD per day and a safe upper limit of 0.07mg THC per day.
