March 27, 2012

On the eve of a potential Federal Trade Commission approval of the Express Scripts-Medco merger, Walgreens' underlying fundamentals still are strong, Walgreens president and CEO Greg Wasson told analysts Tuesday.

March 26, 2012

Walgreens and Duane Reade stores are facing off on a challenge regarding which banner can raise the most funds over a four-week period in the fall in support of the American Diabetes Association Greater New York City Area, the ADA announced Monday.

March 23, 2012

The news that CVS/pharmacy is closing all of its upscale Beauty360 stores may have raised a few eyebrows — or perhaps not — but now it will be interesting to see the changes that occur in store and online in beauty.

March 23, 2012

Former Walgreens' CEO Jeff Rein said profit pressure might cause Walgreens to think differently about acquisitions than it did in the past.

March 21, 2012

CVS/pharmacy is shuttering all of its Beauty360 locations and ceasing operation of the Beauty360 e-commerce business to focus on the growth of its core CVS/pharmacy beauty business, the retailer confirmed on Wednesday.

March 21, 2012

Israel-based Teva Pharmaceutical Industries is switching stock exchanges, the company said.

March 19, 2012

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

March 16, 2012

Many Walgreens customers are "flocking" to independent pharmacies amid the dispute between the retail pharmacy chain and pharmacy benefit manager Express Scripts, a trade group representing the PBM industry said.

March 15, 2012

A takeover by Walgreens is "highly unlikely," but Rite Aid shares could stay past the $2 mark due to the company's fundamentals, an analyst said Thursday.

March 14, 2012

Shares of Rite Aid crossed the $2 mark Wednesday afternoon following analyst speculation about the prospects of a takeover by Walgreens, according to published reports.

March 9, 2012

Anchored by more than 7,300 stores, 650 clinics and the nation's second-biggest PBM, CVS Caremark is unlike any other company. President and CEO Larry Merlo tells DSN why that matters to payers.

March 8, 2012

Delhaize America, the U.S. division of Delhaize Group, saw a decrease in underlying operating profit prompted by soft sales, an increase in operating expenses to support growth projects and price investments for fourth quarter 2011.

March 7, 2012

Publix on Wednesday declared an annual cash dividend on its common stock of 59 cents per share.

March 5, 2012

CVS Caremark has announced that its EVP and chief medical officer Troyen Brennan has been named to the National Commission on Physician Payment Reform, an independent commission that will assess how physicians are paid, and how pay incentives are linked to patient care.

March 5, 2012

A Rite Aid category manager has won a top award from a trade association representing candy makers.

March 5, 2012

Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

March 2, 2012

Walmart said Thursday it is continuing its annual tradition of increasing shareholder payout by raising its dividend by 9%.

March 1, 2012

Publix reported a 13.4% increase in its fourth-quarter sales to $7.2 billion, the retailer said Thursday.

February 24, 2012

The fact that CVS Caremark’s MinuteClinic has partnered with Allscripts to leverage its electronic health record system helps further position MinuteClinic for future growth and clinical collaboration.

February 24, 2012

MinuteClinic has entered a clinical affiliation with HCA's TriStar Health, the largest health system in middle Tennessee, to enhance access to high-quality, affordable healthcare services in the Nashville metro area.

February 24, 2012

Procter & Gamble unveiled a larger than expected cost-savings program that involves cutting a total of 5,700 nonmanufacturing jobs in an effort to trim costs by the end of fiscal 2016, said P&G CEO Bob McDonald during the company’s annual Consumer Analyst Group of New York conference in Boca Raton, Fla.

February 23, 2012

"Integrated retail" was the dominant theme as executives discussed Kmart operator Sears Holdings' plans to restore confidence in the company after a fourth quarter 2011 that even the company's chief executive called "unacceptable" during an earnings call Thursday.

February 23, 2012

Procter & Gamble this week launched Tide Pods, a three-chamber liquid unit dose detergent.

February 22, 2012

Recent research conducted by Procter & Gamble’s Gillette reveals that facial hair styling is a common practice undertaken by nearly 40% of men in North America and that this process is critical in defining their look.