June 12, 2013

Safeway announced that it has entered into an agreement to sell its Canadian operations through a sale of the net assets of Canada Safeway Limited to Sobeys, a Canadian food retailer and wholly-owned subsidiary of Empire Company Limited, for $5.7 billion in cash plus the assumption of certain liabilities.

June 6, 2013

Costco's reported May sales of $8.13 billion, a 7% increase over May 2012, the club retailer said.

June 5, 2013

Walgreens posted third-quarter sales of $18.3 billion, up 3.3%.

May 31, 2013

Fred's Inc. reported positive financial results for the first quarter on Thursday and is looking to implement initiatives to reconfigure its pharmacy department and expand its specialty drug program as key drivers in its "aggressive" 2013 plan.

May 29, 2013

The Food and Drug Administration has approved a generic drug for incontinence made by Perrigo Co., the drug maker said.

May 28, 2013

Dollar Tree reported consolidated net sales for the first quarter, which ended on May 4, of a record $1.87 billion, an 8.3% increase compared with $1.72 billion reported for the quarter ended April 28, 2012, the company stated today.

May 22, 2013

Colder weather and more conservative shoppers contributed to a drop in Target Corp.'s first quarter 2013 profits, but the company's underlying business remains healthy, executives said Wednesday morning in a conference call with investors.

May 16, 2013

Walmart Stores reported profit and sales lower than Wall Street expectations as the retail giant struggled against the payroll tax increase, delayed tax returns and an unseasonably cold spring impacting its U.S. sales.

May 13, 2013

A ruling by the Food and Drug Administration means that generic versions of an opioid painkiller made by Endo Pharmaceuticals can stay on the market, drawing criticism from the drug maker.

May 10, 2013

Actavis is looking into the possibility of buying Warner Chilcott, the generic drug maker said.

May 9, 2013

Costco sales grew 7% in April over April 2012, the club retailer said.

May 8, 2013

McKesson on Tuesday reported fiscal year revenues of $122.5 billion, relatively flat as compared with the prior fiscal year.

May 2, 2013

Cardinal Health reported fiscal year 2013 third-quarter revenue of $24.6 billion, a 8.9% decline as compared to the quarter a year ago.

April 26, 2013

Amazon on Thursday reported a net sales increase of 22% to $16.1 billion for its first quarter ended March 31.

April 25, 2013

Beauty brand Revlon posted a net loss during the first quarter, including charges, as net sales rose 2.1%, excluding the unfavorable impact of foreign currency fluctuations.

April 16, 2013

Johnson & Johnson's sales increased by 8.5% to $17.5 billion in first quarter 2013, the healthcare products company said Tuesday.

April 12, 2013

Rite Aid reported a $123.1 million profit for fourth quarter 2013 and $118.1 million for the fiscal year - its first profitable year since 2007 - amid greater generic drug penetration and retention of at least three-quarters of the customers who switched over to the chain during the dispute between Walgreens and pharmacy benefit manager Express Scripts, among other factors.

In other words, the factors that helped fuel the nearly $62 million profit the company reported in third quarter 2013 have continued to hold, which means the 4,623-store chain has put itself on track for strong future growth, which will no doubt be helped along by the debt refinancing the company finished in February.

April 11, 2013

Club retailer Costco Wholesale announced sales grew by 7% in March compared with March 2012, the company said.

April 11, 2013

Family Dollar Stores reported a net sales increase of 17.7% to $2.9 billion for the second quarter ended March 2.

April 11, 2013

Rite Aid's profits grew in the fourth quarter and fiscal year 2013 amid stronger front-end sales and prescription count, the retail pharmacy chain said.

March 28, 2013

AmerisourceBergen on Thursday announced that it has divested its Canadian pharmaceutical distribution business, AmerisourceBergen Canada Corporation, to Kohl & Frisch Limited, a Canadian-owned national full-line distributor. ABCC represented approximately 2% of AmerisourceBergen’s total revenues.

March 13, 2013

Weis Markets has re-upped president and CEO David Hepfinger's contract with a new five-year deal, according to an 8-K filing made Wednesday.

March 12, 2013

Costco Wholesale increased sales by 8% to $24.34 billion in the second quarter of 2013, the club retailer said.

March 8, 2013

With private label across analgesics up an estimated 11.3% to $1.7 billion, retailers are going to need to make some tough decisions as two internal analgesic powerhouses — McNeil's Tylenol and Novartis' Excedrin — make their way back onto market after respective recalls.