01/14/2011 - 11:26am

Bankrupt grocer A&P narrowed its net loss during the third quarter and executives expressed optimism as it has access to a "significant amount of liquidity" and is forging ahead with its turnaround plan.

01/14/2011 - 9:56am

Walgreens' board of directors declared a 27.3% of its quarterly dividend for shareholders of record Feb. 18.

01/13/2011 - 1:09pm

Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

01/12/2011 - 2:39pm

Though it plans to announce its fiscal year 2010 results next month, Watson Pharmaceuticals offered a peak at some preliminary numbers at the 29th annual J.P. Morgan Healthcare Conference Wednesday.

01/12/2011 - 2:29pm

Katz Group Canada is withholding comment on a report in the Edmonton Journal Wednesday that speculated on the potential sale of the Canadian drug store giant.

01/11/2011 - 3:06pm

Supermarket chain Price Chopper will buy out an independent pharmacy in Malta, N.Y., according to media reports.

01/11/2011 - 1:54pm

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

01/11/2011 - 12:03pm

Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.

01/11/2011 - 10:34am

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.