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May 18, 2012

Regional supermarket chain Harris Teeter announced that its board of directots has declared a quarterly dividend of 14 cents per share.

May 18, 2012

Sears Holdings reported profits of $189 million during first quarter 2012, compared with a $165 million loss in first quarter 2011, the company said.

May 17, 2012

Prestige Brands on Thursday morning announced the launch of Dramamine for Kids.

May 17, 2012

Prestige Brands closed out its fiscal 2012 ended March 31 on a high note with $441.1 million in revenues for the year, up 31.1%. And fiscal 2013 is looking promising as the company will have full-year contributions from its 17 acquired over-the-counter brands from GlaxoSmithKline.

May 17, 2012

First-quarter profits at Walmart exceeded analysts’ estimates as same-store sales increased 2.6% and the company said its strategy of low prices on a broad merchandise assortment is resonating again with shoppers.

May 16, 2012

In contrast to the most recent cough-cold season, which was characterized by a relative lack of upper respiratory illnesses, pharmacy shoppers with itchy eyes, runny noses and audible sneezes have been back in force this spring in search of allergy relief.

May 16, 2012

Marshal Cohen, chief industry analyst at the NPD Group said that back-to-college has become a big opportunity for retailers, and everybody wants part of the business. Last year, families spent an average of $800 on back-to-college products.


May 16, 2012

First-quarter earnings at Target exceeded a profit forecast the company increased last month after a strong start to the quarter.

May 15, 2012

Just days after Coty upped its proposal for Avon, the former has decided to withdraw its offer, citing Avon’s “delay and unwillingness to engage in discussions.”

May 15, 2012

GlaxoSmithKline is acquiring the remainder of a privately owned research and development company, GSK said Tuesday.

May 15, 2012

Net revenues for Teva rose more than 24% for the first quarter ended March 31, thanks to new drug launches and the company's acquisition of drug maker Cephalon.

May 15, 2012

First-quarter consolidated sales for generic drug maker Ranbaxy Labs totaled $736 million, the company reported last week.

May 15, 2012

Cardinal Health has acquired regional wholesaler Dik Drug for an undisclosed price, according to published reports.

May 15, 2012

U.S. retail sales slowed during the month of April, the Census Bureau reported Tuesday.

May 15, 2012

Rite Aid has closed an offering of new debt from which it plans to generate funding for a buyback of older debt, the retailer said Tuesday.

May 11, 2012

Costco announced that its board of directors declared a quarterly cash dividend on Costco common stock and approved an increase from 24 cents to 27.5 cents per share, or from 96 cents per share to $1.10 per share on an annualized basis.

May 11, 2012

Dollar General has awarded grants to more than 593 nonprofit organizations, libraries and schools through the chain's literacy foundation.

May 11, 2012

GlaxoSmithKline is moving forward with its acquisition of Human Genome Sciences.

May 11, 2012

The lackluster cough-cold season will necessitate a greater need for marketing and promotion next season, ProPhase Labs chairman and CEO Ted Karkus said on Thursday in announcing first-quarter results for the period ended March 31.

May 10, 2012

ComScore reported that online retail spending reached $44.3 billion for first quarter 2012, up 17% from the year-ago period.

May 10, 2012

In an effort to move forward with its acquisition of Avon, Coty has reached out to Avon's board members in a letter, stating that Coty is willing to augment its original buyout offer.

May 10, 2012

Family Dollar said its board of directors declared a regular quarterly cash dividend on the company's common stock of 21 cents per share.

May 10, 2012

Mylan has increased its 2012 earnings per share guidance range, the generic drug maker said.

May 10, 2012

Generic drug maker Watson Pharmaceuticals has formed a special office to handle its pending acquisition of Actavis, the company said.

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