12/29/2015 - 9:55am

Did a last-minute rush make for stronger holiday sales than many — including the National Retail Federation — had expected?

12/28/2015 - 3:56pm

U.S. retail sales hit $4.8 trillion in 2015 and will approach $5 trillion in value in 2016.

12/22/2015 - 3:38pm

The combined company will operate about 13,000 stores, making it the largest dollar store chain in the United States by store count.

12/18/2015 - 12:44pm

AstraZeneca on Thursday announced that it has agreed to acquire a majority stake in privately-held, cancer-drug developer Acerta Pharma for $4 billion. (New York Times)

12/18/2015 - 10:22am

Roundy's adds 151 stores and $4 billion in sales to the Kroger business. 

12/17/2015 - 1:15pm

Reuters is reporting that AstraZeneca will be acquiring Takeda Pharmaceuticals’ respiratory business for $575 million, a deal that includes expanded rights to COPD treatment roflumilast, which AstraZeneca has marketed as Daliresp in the United States since earlier this year. “Full acquisition of the global rights will support AstraZeneca's respiratory franchise and complement the company's portfolio of treatments for severe COPD,” the company said. (Reuters)

12/17/2015 - 12:47pm

The New York Times is reporting that Turing Pharmaceuticals CEO Martin Shkreli has been arrested on charges of securities fraud from when he ran bio Retrophin and his time managing hedge funds. Shkreli has been in the press recently for his actions as Turing CEO — raising the price of Daraprim from 13.50 per pill to $750 per pill. (New York Times)

12/17/2015 - 9:11am

Rite Aid met Wall Street expectations, as analysts polled by Thomson Reuters had forecast earnings of 6 cents on $8.2 billion in revenue.

12/15/2015 - 11:26am

Under a potential deal, Boehringer Ingelheim would take over Sanofi’s animal health business Merial, and Sanofi would receive Boehringer Ingelheim’s consumer healthcare business (excepting China), making it one of the world's largest OTC makers.