Pfizer said that the transaction has strengthened the company’s branded and generics portfolio, particularly when it comes to biosimilars.
Fueled in part by increased pharmacy sales, Fred’s reported Thursday that its August sales hit $165.6 million this year, up 12% over August 2014.
Prescription counts decreased a little and pharmacy same-store sales were up in August, according to numbers reported by Rite Aid Thursday.
The company noted that with Labor Day coming a week later this year, pre-sales didn’t bein in August and that had a lowering effect on net sales of about 1%.
Natural skin and hair care manufacturer Sundial Brands on Wednesday announced that it signed an agreement into a strategic partnership with Bain Capital Private Equity.
Fast-growing Ulta Beauty shows no signs of losing its momentum as the specialty retailer reported better than-expected results for the second quarter and raised its guidance.
For the second quarter Fred's net loss totaled $4.9 million or ($0.13) per share. This compares with a net loss of $16.4 million or ($0.45) per share for the second quarter ended Aug. 2, 2014.
Dollar General grew both customer traffic and average ticket for the 30th consecutive quarter, CEO Todd Vasos reported.