January 27, 2011

The abrupt departure of Shoppers Drug Mart president and CEO Jürgen Schreiber announced Wednesday is expected to negatively impact the company’s stock — many investors bought into Shoppers on the faith that retail maven Schreiber would return Canada’s largest drug retailer to consistent quarter-over-quarter growth.

January 26, 2011

The Motley Fool on Tuesday suggested all three national pureplay drug chains were in a better position today than five and three years ago based on a metric called the “cash king margin.”

January 20, 2011

A new quarterly index developed by eBillme found that 19% of shoppers will spend more on Valentine's Day this year.

January 19, 2011

The drive by Republicans to overturn the landmark health-reform legislation enacted last year threatens the health of as many as 129 million Americans with pre-existing conditions, the Obama administration’s top health official warned Tuesday.

January 12, 2011

Nearly half (48%) of Americans between the ages of 45 and 70 years have no financial plans in place to protect themselves against outliving their assets and the rising cost of health care, should they live longer than they expected, according to a survey released last week by the Society of Actuaries.

January 11, 2011

Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.

January 10, 2011

Aurora Health Care has appointed a Wisconsin state official as its SVP and CFO.

January 5, 2011

MEDINA, Ohio — The family-owned-and-operated Discount Drug Mart added a line of wigs to its already deep presence within durable medical equipment for oncology patients. Discount Drug, which generated $530.6 million in 2009, is in its second year as an accredited provider under Medicare Part B.

January 4, 2011

Sears Holdings' SVP procurement and finance has been promoted.

January 4, 2011

Paris Presents, the maker of the EcoTools cosmetic and bath accessories line, has secured an investment from private equity firm Mason Wells.

December 16, 2010

A subsidiary of Pfizer has extended the expiration date of its tender offer to acquire all outstanding shares of common stock of King Pharmaceuticals.

December 14, 2010

Bankrupt grocer A&P has announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the $800 million debtor-in-possession financing provided by JPMorgan Chase. Of the total DIP facility, a $350 million term loan immediately has been made available.

December 8, 2010

Johnson & Johnson made its courtship with Dutch biotech company Crucell official by acquiring all of the company for $2.3 billion, the two companies said Wednesday.

December 8, 2010

Safeway's board of directors declared a regular quarterly cash dividend of 12 cents per share. The cash dividend will be payable on Jan. 13, 2011, to stockholders of record at the close of business on Dec. 23.

December 1, 2010

Regional specialty pharmacy chain ReCept has appointed several people to new executive positions, the company said Wednesday.

November 18, 2010

No matter how you slice it, the flexible spending account changes that are part of...

November 15, 2010

A location-based retail app now is available for Target shoppers in select markets....

November 14, 2010

A panel of healthcare thought leaders has concluded that a recent IRS rule change going...

November 9, 2010

PNC Bank has made its branded automated teller machines available for customer use in 135...

November 2, 2010

Retailers can look to last-minute holiday shoppers to bring in the big bucks, according to...

October 24, 2010

Many retail CFOs are adjusting their outlooks as the holiday season approaches, according to a...

October 24, 2010

Kroger announced that it has teamed up with U.S. Bank to offer credit cards and...

October 18, 2010

The National Association of Chain Drug Stores on Tuesday released a letter addressed to the...

October 12, 2010

Walgreens' board of directors on Wednesday announced the authorization of a new $1 billion share...