Content about Economy of the United States

May 17, 2011

Supermarket chain Publix has confirmed the termination of the lease arrangements with The Little Clinic within select store locations in Florida and Georgia.

May 17, 2011

Walmart reported first-quarter earnings that were above the company's guidance, reflecting stability and strength in global operations, according to company president and CEO Mike Duke.

May 16, 2011

CVS Caremark announced on Monday that it will be launching a pilot of a real-time, integrated electronic prior authorization capability, available to its PBM clients, to help speed access to prescription medications.

May 16, 2011

Eastman Kodak Co.'s board of directors has named a new VP.

May 13, 2011

Life doesn’t give you too many of those Magic 8 Ball moments, at least not the kind you can find at the pharmacy counter. Just ask the 8 Ball if medicine compliance is important for retail pharmacy, and the answer undoubtedly will come back, “It is decidedly so.”

May 13, 2011

As reported, CVS Caremark's annual meeting of stockholders was of special importance as it marked the beginning of a new chapter for both CVS Caremark and its former chairman and CEO Tom Ryan, who officially retired from the company after more than 30 years of service.

May 13, 2011

Walgreens is 10 stores into transforming the popular Happy Harry’s Delaware pharmacy brand into Walgreens stores both inside and out, the News Journal, a Delaware daily, reported earlier this week.

May 12, 2011

CVS Caremark has announced that it was selected as 1-of-20 finalists for the 2011 URAC Awards for Best Practices in Health Care Consumer Empowerment and Protection.

May 12, 2011

Supervalu banner Save-A-Lot has appointed a new leader, replacing company veteran Bill Shaner, who lead the division since 2006.

May 12, 2011

Procter & Gamble's CoverGirl brand has selected actress Sofia Vergara to be its newest spokesmodel.

May 11, 2011

Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

May 11, 2011

CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.

May 10, 2011

CVS Caremark announced on Tuesday the release of its 2010 corporate social responsibility report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes and positively impacting people's lives through its social investments.

May 10, 2011

The parent company of Kmart is considering taking its headquarters out of Illinois, according to published reports.

May 9, 2011

New York City -- Massmart Holdings Ltd. promised to add jobs if Wal-Mart Stores is allowed to buy a controlling stake in the South African wholesaler, CEO Grant Pattison. His remarks were made on Monday at a tribunal in Pretoria, South Africa, that will determine whether Wal-Mart will be able to go through with the deal.

May 6, 2011

Mike Jackson was named to the board of directors of iControl Systems USA, where he also will serve in the capacity of senior adviser to iControl president and CEO Tal Zlotnitsky.

May 6, 2011

Greenstone has introduced an authorized generic treatment for breast cancer, the generics subsidiary of Pfizer said.

May 6, 2011

Neither one of the co-recipients of this year’s Fantle Award would want you to call it the end of an era. They would both tell you that’s an overstatement.

May 6, 2011

With all the talk among the investment community and press about what CVS Caremark should do with its PBM business, it really comes as little surprise that president and CEO Larry Merlo hit the topic head on during Thursday's first-quarter conference call — insisting that there are no plans to split the company.

May 5, 2011

CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.

May 5, 2011

The 13.1% increase in same-store sales Target reported for April was toward the low end of the company’s projection of an increase in the mid-teens, and begs the question whether Walmart’s mid-month launch of a new marketing campaign contributed to the weakness.

May 5, 2011

Sales during the month of April edged up for wholesalers Costco and BJ's Wholesale Club, the companies reported Thursday.

May 4, 2011

First-quarter revenue for Delhaize America, the U.S. sector of the Delhaize Group, which includes such supermarket banners as Food Lion and Bottom Dollar, experienced a 0.1% increase to nearly $4.7 billion, the company reported.

May 4, 2011

The National Association of Chain Drug Stores Foundation has elected a Coca-Cola executive to its board of directors.

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