March 12, 2015

Reuters reported there may be more merger and acquisition activity on the horizon for Walgreens Boots Alliance. 

March 5, 2015

Costco sees a lift in second-quarter sales and net income benefits from a tax benefit.

January 15, 2015

Rite Aid EVP and CFO Darren Karst was all smiles Wednesday before analysts at the 33rd Annual JP Morgan Healthcare Conference. And with good reason. 

 

January 5, 2015

Wasserstein & Co., LP, on behalf of its private equity fund Wasserstein Partners III, has announced the acquisition of Paris Presents from funds advised by private equity firm Mason Wells.

December 18, 2014

As out-of-pocket expenses rise, many Americans say that the affordability of basic medical care is a hardship and, as a result, some are forgoing treatment because they are worried about cost, according to a recent national poll conducted by The New York Times and CBS News.

December 10, 2014

McKesson announced that it has launched McKesson Ventures, a strategic venture capital fund.

 

December 1, 2014

Procter & Gamble, which is in the midst of restructuring its portfolio, is reportedly exploring the sale of its Wella hair care business, according to a Reuters report.

November 24, 2014

Walmart Stores on Monday announced that its board of directors has appointed Tom Horton — former chairman and CEO of American Airlines — as a new member of the company’s board, effective Nov. 21.

November 7, 2014

Walgreens on Thursday announced that its wholly owned subsidiary, Walgreens Boots Alliance has priced an underwritten public offering of unsecured, unsubordinated notes.

October 27, 2014

Gryphon Investors, a San Francisco-based middle market private equity firm, announced Monday that it has acquired a majority stake in C. B. Fleet Co. 

October 14, 2014

Ulta Beauty has announced that Michelle Collins, president of business and financial advisory firm Cambium, has been appointed to its board, and as a member of its nominating and corporate governance and audit committees.

October 13, 2014

Kmart’s payment data systems were breached beginning in early September, possibly compromising certain debit and credit card numbers, the retailer has announced.

October 10, 2014

Shares of Diplomat Pharmacy officially began trading on Friday at a price that had reached more than $17 per share in mid-afternoon trading.

 

October 10, 2014

Helen of Troy, a developer and marketer of consumer products — including such personal care brands as Vidal Sassoon, Sure, Pert and Brut — reported that second-quarter sales and earnings surpassed its revised guidance fueled by stronger orders late in the quarter and improved gross profit margin in August.

October 9, 2014

Endo International and Auxilium Pharmaceuticals on Thursday announced that they have entered into a definitive agreement.

September 29, 2014

Diplomat Pharmacy on Monday announced that it has commenced its initial public offering of 13.3 million shares of its common stock.

 

September 23, 2014

Telehealth provider Teladoc has secured a $50 million round of equity funding led by Palo Alto, Calif.-based Jafco Ventures, a technology venture capital firm.

September 19, 2014

A&P has completed the refinancing of its existing senior debt, which it says will enable the company to further invest in the business and ramp up growth strategies.

September 19, 2014
Revising year-end guidance on account of reimbursement rate headwinds, Rite Aid's stock took a hit after reporting second-quarter earnings even though the company beat analysts' consensus estimates for the quarter. The retail pharmacy operation recorded second-quarter profit of $127.8 million, or 13 cents per share, more than doubling FactSet consensus analyst estimate of 6 cents a share, according to a MarketWatch report. And while revenue of $6.5 billion was in line with analyst expectations, Rite Aid topped expected same-store sales growth of 3.3% by recording 4.1% in same-store sales growth. 
 
Rite Aid is still on the right track. 
September 18, 2014

Rite Aid on Thursday reported revenues of $6.5 billion for its second quarter ended Aug. 30, representing a 3.9% lift credited to rising pharmacy same-store sales. 

August 27, 2014

The Consumer Healthcare Products Association on Monday announced that Brian Green will join CHPA as VP, finance and operations and CFO.

August 19, 2014

A coalition of retail groups on Monday filed a joint-merchant petition with the Supreme Court seeking its review of the March 2014 swipe fee decision by the U.S. Court of Appeals for the D.C. Circuit.

August 18, 2014

Kroger and Vitacost.com on Monday announced the successful completion of Kroger's tender offer to purchase all outstanding shares of common stock of Vitacost.com for $8 per share in cash.  

 

August 4, 2014

Walgreens on Monday announced the appointment of Timothy McLevish as  EVP and CFO.