July 21, 2014

AbbVie has finalized a deal for Dublin-based specialty pharmaceuticals company Shire for $54.7 billion.

July 15, 2014

A subsidiary of Imperial Tobacco Group announced that it will acquire a portfolio of products from Reynolds American, which includes such U.S. cigarette brands as Winston, Kool and Salem, as well as the e-cigarette brand blu.

July 14, 2014

Lindt & Sprüngli Group announced on Monday that it has reached an agreement to purchase Russell Stover Candies. The Russel Stover and Whitman's brands will complement Lindt & Sprüngli's existing portfolio of premium chocolates, making it the No. 3 North American chocolate manufacturer, the company said.

July 10, 2014

Family Dollar Stores reported that for the third quarter fiscal 2014 ended May 31, net sales increased 3.3% to $2.7 billion.

July 10, 2014

Fred's Super Dollar reported sales of $191.2 million, an increase of 2%, for the five-week month of June, which ended July 5. 

July 10, 2014

The same weather factors that are boosting allergy sales as the allergy season is extended may be having a substantial impact on the sales of anti-itch ointments, up 10% to $528.2 million across U.S. multi-outlets for the 52 weeks ended April 20, according to IRI, and insect bite treatments, which totaled $13.6 million and were up 19.4% over the same period.

July 8, 2014

Facing a “highly competitive market,” Canadian pharmacy retailer the Jean Coutu Group reported on Tuesday a slight increase in first-quarter revenues and a 0.1% lift in same-store sales.
 

July 3, 2014

Rite Aid realized a 3.9% same-store sales increase for the four weeks ended June 28, the company reported Thursday. 

July 3, 2014

Walgreens on Thursday reported June sales of $6.3 billion, an increase of 8.9% as compared to the same month in fiscal 2013.

 

July 2, 2014

Pinnacle Foods announced on Monday that it has terminated its merger agreement with Hillshire Brands, originally announced May 12. Pinnacle is a producer of such branded food products as Vlasic pickles, Mrs. Butterworth syrups and Wishbone salad dressings.

July 2, 2014

Shrinkage levels average 1.27% of sales, which translates to a $57 billion loss to the industry, according to the U.S. Retail Fraud Survey, which is based on research into the systems and strategies used by 100 leading North American retailers.

July 1, 2014

Actavis and Forest Labs. on Monday announced that the U.S. Federal Trade Commission has voted to approve Actavis' proposed acquisition of Forest.

June 24, 2014

As Walgreens carefully considers how to best execute the second step of its acquisition of Alliance Boots, Walgreens on Tuesday relayed its progress in improving its domestic business, including the company's success in winning the prescription business of high-value seniors and the pending national launch of its Boots No7 beauty brand.

June 20, 2014

Merck announced on Friday that it is commencing, through a subsidiary, a cash tender offer to purchase all outstanding shares of common stock of Idenix Pharmaceuticals. On June 9, Merck announced its intent to acquire Idenix.

June 19, 2014

More than 1-in-4 Rite Aid locations now reflect the latest in healthcare retailing — the company's Wellness store format, the concept that serves as a cornerstone to Rite Aid's overall health-and-wellness solution, John Standley, Rite Aid chairman and CEO, told analysts Thursday morning.

June 19, 2014

Starting off the year with a strong momentum, Kroger posted a 9% increase in first-quarter sales, which marked the first period that includes Harris Teeter in the statement of operations. Based on its strong quarter, the company has raised its fiscal 2014 guidance.

June 16, 2014

Allergan issued a statement Monday, reiterating the company's concern for what it calls Valeant Pharmaceuticals’ “unsustainable business model, which relies on serial acquisitions and cost reductions, as opposed to top-line revenue growth and operational excellence,” the company stated.

June 13, 2014

99 Cents Only Stores on Friday posted sales of $477.9 million for the first quarter ended May 2, representing a sales lift of 7.3%.

June 12, 2014

Consumer spending rose 0.3% in May, marking four consecutive months of rising U.S. retail sales.

June 9, 2014

Merck and Idenix Pharmaceuticals on Monday announced that the companies have entered into a definitive agreement under which Merck will acquire Idenix for $24.50 per share in cash.

June 5, 2014

Rite Aid announced on Thursday a 3.5% boost in same-store sales for May, provided preliminary estimated financial results for the quarter ended May 31 and updated its outlook for 2015 fiscal year.

June 4, 2014

Pilgrim's Pride Corp. on Tuesday confirmed that it submitted a revised proposal to acquire Hillshire Brands

June 4, 2014

Walgreens on Wednesday posted May sales of $6.6 billion, an increase of 6%.

June 3, 2014

Dollar General on Tuesday announced it will be bringing its brand of EDLP discounting to three new states next year — Oregon, Maine and Rhode Island.