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.

May 30, 2014

U.S. consumer spending fell by $8.1 billion, or 0.1%, in April 2014. It was the first monthly decline in consumer spending since April 2013 and followed a 1% increase of $117.6 billion the previous month.

May 29, 2014

Fred's Super Dollar on Thursday reported total sales for the first quarter of fiscal 2014 were $498.3 million, a 0.6% decline.

May 28, 2014

Ahold's U.S. operations posted first-quarter net sales of $8 billion, down 0.3%, the Dutch grocer reported Wednesday.

May 28, 2014

Taro Pharmaceutical Industries posted a net sales increase of 13.2% to $759.3 million for its fiscal year ended March 31.

May 22, 2014

Dollar Tree on Thursday posted first-quarter consolidated net sales of $2 billion, a 7.2% increase, for the period ended May 4.

May 21, 2014

Fred's Super Dollar on Wednesday announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

May 21, 2014

Despite the massive data breach that hurt Target’s fourth quarter, people are not staying away from the retailer. According to a Reuters report, the company saw a dramatic improvement in traffic in the first quarter compared with its late fourth-quarter trends.