February 16, 2011

French drug maker Sanofi-Aventis will acquire U.S. biotech giant Genzyme for $20.1 billion, under an agreement the two companies announced Wednesday.

February 15, 2011

Bankrupt grocer A&P has filed a motion seeking court approval to close 32 stores in six states as the company continues to implement its financial and operational restructuring. The store closures are expected to be completed in the company's fiscal first quarter, subject to court approval.

February 15, 2011

HealthWarehouse.com on Tuesday announced that it has consummated two separate transactions to acquire all the online assets of Hocks Pharmacy, an online reseller of over-the-counter medications, diabetic supplies and medical equipment. HealthWarehouse.com also will merge with a newly formed subsidiary of Hocks Pharmacy.

February 15, 2011

Tongue cleaner Orabrush has closed a $2.5 million investment round with True Ventures of Palo Alto, Calif., and returning investor 2x Consumer Products Growth Partners of Chicago. The funds will be used to help accelerate the company's retail growth strategy, according to the manufacturer.

February 15, 2011

The U.S. Census Bureau on Tuesday reported that retail sales continue on a positive trend, edging up 0.3% for the month of January.

February 15, 2011

Watson's global generics business drove the drug maker's net revenue in the fourth quarter, according to a financial earnings release.

February 15, 2011

Operations at Winn-Dixie Stores continued to improve across the second quarter, helping to drive shares up by 11 cents to $6.92 per share in mid-day trading.

February 14, 2011

Total retail sales grew 5.5% during the month of January, according to MasterCard Advisors’ "SpendingPulse" report.

February 11, 2011

Front-end sales rendered positive results for Shoppers Drug Mart during the fourth quarter, the Canadian drug store chain said.

February 10, 2011

This year’s upcoming $29 billion wave of margin-friendly generic pharmaceuticals will be as big a growth catalyst for supermarket pharmacies as it will be for their pureplay drug store cousins, Credit Suisse research analyst Ed Kelly stated in a note published Thursday.

February 10, 2011

The board of directors at Supervalu declared a regular quarterly dividend of nearly 9 cents per share.

February 10, 2011

Whole Foods Market’s first-quarter net income surged 79% to $88.7 million, on an increase in customer visits and a rise in average transactions. The natural and organic foods grocer raised 2011 profit outlook on its strong results, which beat expectations.

February 9, 2011

Church & Dwight celebrated an earnings per share increase of 10% to $3.75 per share by ringing the closing bell at the New York Stock Exchange Tuesday.

February 9, 2011

Drugstore.com posted a 23% increase in adjusted net sales during its fourth quarter ended Jan. 2.

February 9, 2011

Prestige Brands posted gains of 22.7% in revenue, reaching $90.6 million for its third quarter ended Dec. 31.

February 9, 2011

Customers facing economic challenges caused a decline in Stater Bros.' first-quarter sales, the Southern California supermarket chain said Wednesday.

February 8, 2011

Drug maker Teva on Tuesday said its North American sales during the fourth quarter ended Dec. 31 drove the drug maker's financial well-being.

February 7, 2011

Navarro Discount Pharmacies announced that its wholesale and export subsidiary, Magellan Distribution Solutions, has acquired the assets of Buxco Inc. and will be providing fulfillment solution services for the network of 150 independently owned retail pharmacies.

February 7, 2011

One of the world's largest drug makers has entered a definitive agreement to purchase a Copenhagen-based consumer healthcare business.

February 4, 2011

According to a PriceGrabber survey on consumer purchasing decisions for Valentine's Day, 52% of Valentine’s Day shoppers indicated that the economy will not have any effect on their purchasing decisions for Valentine’s Day 2011.

February 4, 2011

Fisk Industries, a manufacturer of niche-oriented cosmetics and health- and beauty-aid products, has acquired the Barielle line of nail, skin and foot care products.

February 4, 2011

AmerisourceBergen on Friday reported revenue of $19.9 billion, up 2.9%, for the first quarter ended Dec. 31.

February 4, 2011

January saw strong growth across most retail categories, continuing the positive performance from fourth quarter 2010, albeit at a slightly slower pace, according to MasterCard Advisors SpendingPulse.

February 4, 2011

Weis Markets on Thursday reported an 8.7% increase, to $68.3 million, in its fiscal-year 2010 net income for the 52-week period ended Dec. 25, and said its earnings per share for the year increased 21 cents, to $2.54 per share, compared with the same period a year ago.