May 23, 2011

Generic drug maker Par has inked a definitive agreement to acquire an India-based developer and manufacturer of generic drugs.

May 23, 2011

The $290 billion that poor medication adherence costs the U.S. economy every year cuts across every imaginable disease state, but one in which it can be particularly problematic is mental health.


May 23, 2011

Rite Aid has raised more than $50 million for Children’s Miracle Network Hospitals since becoming a sponsor in 1994, the retail pharmacy chain said Monday.

May 20, 2011

Safeway's board of directors announced a 21% increase in its quarterly dividend.

May 19, 2011

Specialty pharmacy provider Assured Pharmacy said first-quarter net sales jumped to $4.4 million for the period ended March 31, an increase of 22.4% from the year-ago quarter.

May 19, 2011

Kmart parent company Sears Holdings reported a first-quarter net loss of $170 million, or $1.58 per diluted share, in line with the company's expectations for a net loss in the range of $145 million to $195 million, or between $1.35 and $1.81 per diluted share.

May 18, 2011

Stop & Shop announced that it has finalized its acquisition of five New Jersey Shore-area Foodtown supermarkets previously owned by Norkus Enterprises.

May 18, 2011

BJ’s Wholesale Club reported net income of $33.7 million, or 62 cents per diluted share, for the first quarter ended April 30.

May 18, 2011

First-quarter sales at Target increased 2.8% to $15.6 billion, and same-store sales increased 2%, the company reported.

May 17, 2011

J.M. Smucker said it has completed its acquisition of the coffee brands and business operations of Rowland Coffee Roasters, a privately owned, Miami-based company.

May 17, 2011

Walmart reported first-quarter earnings that were above the company's guidance, reflecting stability and strength in global operations, according to company president and CEO Mike Duke.

May 17, 2011

Winn-Dixie president, chairman and CEO Peter Lynch expressed confidence in the grocer as it heads into its fourth quarter, maintaining that the grocer's estimated adjusted EBITDA will come in at the lower end of the $100 million to $130 million range for fiscal 2011, a 52-week period ending June 29, in light of relatively flat third-quarter results.

May 16, 2011

The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, fell to 3.16% from an upwardly revised gain of 3.78% a month ago.

May 16, 2011

Drug maker Merck has completed its acquisition of eye care company Inspire.

May 16, 2011

Generic drug maker Teva Pharmaceutical Industries will acquire a privately owned manufacturer of generic drugs based in Japan, Teva said Monday.

May 12, 2011

U.S. retail sales rose for the 10th consecutive month in April, increasing 0.5% to $389.4 billion, the U.S. Census Bureau reported Thursday.

May 12, 2011

Japan-based Takeda Pharmaceutical may acquire Switzerland’s Nycomed for $12 billion, according to published reports.

May 11, 2011

Credit Suisse on Wednesday initiated coverage of General Nutrition Centers, the specialty retailer of supplement and nutritional products and partner with Rite Aid in a store-within-a-store program across more than 1,000 drug store locations.

May 11, 2011

Drugstore.com on Tuesday announced the expiration of the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the proposed merger by which the company would be acquired by Walgreens in a cash transaction.

May 11, 2011

Second-quarter consolidated sales for regional supermarket chain Stater Bros. were up more than 3%, the company said.

May 10, 2011

Alkermes will buy Irish drug maker Elan’s drug formulation and manufacturing business for $960 million, the two companies said Monday.

May 10, 2011

Helen of Troy Limited, a designer, developer and marketer of brand name household and personal care consumer products, posted a boost in fiscal year revenues in its personal care segment, primarily reflecting its March 2010 acquisition of the Pert Plus and Sure brands.

May 10, 2011

Unilever has completed its $3.7 billion acquisition of Alberto Culver after obtaining the necessary regulatory clearances to do so, the companies jointly confirmed on Tuesday.

May 9, 2011

SinoFresh HealthCare on Friday announced that its board of directors has approved a 1-for-1,000 reverse stock split for its common stock only as part of a broad based plan to restructure the business.