January 20, 2011

Finalizing an acquisition of biotech company Genzyme by French drug maker Sanofi-Aventis “will take some time,” media reports quoted Genzyme’s chief executive as saying.

January 19, 2011

German drug maker Boehringer Ingelheim will purchase a manufacturing plant from U.S. biotech company Amgen, the two said.

January 18, 2011

Healthcare market research firm IMS Health will buy privately held market research firm SDI Health, IMS said.

January 17, 2011

Drug maker GlaxoSmithKline will take a legal charge of $3.4 billion related to its promotion of a controversial diabetes drug.

January 17, 2011

Retail sales rose for a sixth consecutive month in December, according to the U.S. Census Bureau.

January 17, 2011

Sears Holdings released its year-end outlook for the fiscal year 2010 ending Jan. 29.

January 14, 2011

Bankrupt grocer A&P narrowed its net loss during the third quarter and executives expressed optimism as it has access to a "significant amount of liquidity" and is forging ahead with its turnaround plan.

January 14, 2011

Specialty pharmacy and home infusion provider CarePoint Partners has acquired a Houston-based infusion company that it said would make it a leader in the Texas market.

January 14, 2011

Walgreens' board of directors declared a 27.3% of its quarterly dividend for shareholders of record Feb. 18.

January 13, 2011

Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years.

January 12, 2011

Katz Group Canada is withholding comment on a report in the Edmonton Journal Wednesday that speculated on the potential sale of the Canadian drug store giant.

January 12, 2011

Though it plans to announce its fiscal year 2010 results next month, Watson Pharmaceuticals offered a peak at some preliminary numbers at the 29th annual J.P. Morgan Healthcare Conference Wednesday.

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 11, 2011

A 2.3% same-store sales gain at Kmart was not enough to offset a 6% decline at Sears, resulting in an overall 1.7% decline for the combined companies' domestic operations during the five-week December reporting period ended Jan. 1.

January 11, 2011

Supermarket chain Price Chopper will buy out an independent pharmacy in Malta, N.Y., according to media reports.

January 11, 2011

There were three takeaways to come out of Supervalu’s third-quarter analyst call Tuesday morning: The deep discount banner Save-A-Lot will be the most significant catalyst for growth going forward; Supervalu aggressively is addressing pricing issues that have had consumers who are more accustomed to the “hi” in the grocer’s "hi-lo" pricing strategy shopping elsewhere; and while traditional Supervalu banners Acme, Shaw’s and even Jewel-Osco do not have a “For Sale” sign on their respective front lawns, at least not yet, they can be had for the right price.

January 10, 2011

Helen of Troy, a marketer and developer of brand-name personal care and household consumer products, posted a boost in third-quarter net sales and net income as its personal care segment benefited from the acquisition of Pert Plus and Sure brands.

January 10, 2011

It appears that French drug maker Sanofi-Aventis’ efforts to acquire U.S. biotech company Genzyme are getting somewhere, according to company and media reports.

January 7, 2011

Ilex Consumer Products Group on Thursday acquired the St. Joseph brand from McNeil-PPC, the company announced.

January 7, 2011

One week after announcing that it would sell off its shoe care business to SC Johnson, Sara Lee is moving ahead with plans to split its business into two units.

January 6, 2011

Net sales for December at Costco rose 11% to nearly $9.2 billion for the five weeks ended Jan. 2, compared with the year-ago period.

January 6, 2011

Fred's on Thursday posted a same-store sales lift of 0.2% for the five weeks ended Jan. 1, compared with an increase of 1.3% in the same period last year. Fred's total sales for the month increased 1% to $210.6 million.

January 6, 2011

Despite an easy prior-year comparison, Target fell short of its December same-store sales guidance with a disappointing 0.9% gain.

January 5, 2011

Shortly after announcing a record-setting first quarter last month, Walgreens reported on Wednesday that its December sales rose 7.5% to $6.8 billion.