November 7, 2013

According to a Credit Suisse analysis of the drug channel published Wednesday, drug stores are in for a challenging winter across the front-end with an embattled consumer continuing to hold back and the continued proliferation of dollar stores that are attracting value-driven trips to their channel.

October 31, 2013

NEW YORK — Revlon has named former Colomer Group executive Lorenzo Delpani as president and CEO, effective Nov. 1.

October 24, 2013

Safeway could fetch an asking price of more than $45 per share, estimated Credit Suisse in a research note issued Thursday.

October 23, 2013

All or part of Safeway may be a target for a possible buyout, according to a Reuters report published Wednesday morning citing people familiar with the matter.

October 18, 2013

Safeway on Friday announced that its board of directors increased the authorized level of the company's stock repurchase program by $2 billion.

October 4, 2013

A private equity firm that is a major Rite Aid shareholder has exchanged its preferred stocks for common stock, according to a regulatory filing.

October 4, 2013

Revlon has announced the departure of CEO Alan Ennis to “pursue other interests.” Succeeding Ennis is David Kennedy, who has been elected as vice chairman and interim CEO.

October 1, 2013

Publix on Tuesday announced its board of directors declared a semi-annual cash dividend of 35 cents per share on its common stock.

September 27, 2013

Kroger on Friday announced its inaugural listing on the Dow Jones Sustainability Index-North America.

September 20, 2013

Alliance Boots announced that it is establishing a specialized investment fund, B&B Capital Partners, which will be focused on small- and medium-sized consumer brand businesses within the health, wellness, beauty and personal care sectors.

September 20, 2013

Kroger's board of directors raised the quarterly dividend by 10%, to 16.5 cents per share, to be paid on Dec. 1, 2013 to shareholders of record as of the close of business on Nov. 15, 2013.

September 17, 2013

Safeway on Tuesday announced that it has adopted a one-year stockholder rights plan.

September 12, 2013

Dow Jones has named Abbott an industry group leader in its 2013 Dow Jones Sustainability Index, Abbott said Thursday.

September 9, 2013

Starting next month, licensed insurance agents will be at nearly 2,000 Rite Aid stores for free consultations with customers about the Patient Protection and Affordable Care Act, in conjunction with the start of enrollment in the Health Insurance Marketplace, the retail pharmacy chain said Monday.

August 22, 2013

Employee wellness programs have become a popular strategy for employers trying to control costs, according to the Kaiser Family Foundation/Health Research and Educational Trust 2013 Employer Health Benefits Survey.

August 19, 2013

In a segment of CNBC's "Mad Money" program, host Jim Cramer proclaimed "Rite Aid is back" when a caller asked for the former hedge fund manager's opinion about the Camp Hill, Pa.-based retail pharmacy chain. "Rite Aid is good. … It is an okay situation. The group is strong," Cramer said.

Cramer's proclamation only confirmed what Drug Store News has been saying for a while now, ever since it became clear that Rite Aid had hit pay dirt with its Wellness+ loyalty card program, growing sales and reversing several years of annual and quarterly losses. In April 2013, the company posted its first profitable fiscal year since 2007.

August 8, 2013

One of the biggest problems with the healthcare reform law is that a lot of people out there don't fully understand it. To educate the general public about the law, a few organizations have come up with simple, online tools aimed at dispelling the confusion.

August 8, 2013

Despite a slowdown in U.S. retail and consumer merger and acquisition activity in second quarter 2013, there are signs that M&A activity could experience an uptick for the remainder of 2013, according to PwC's U.S. retail and consumer deals insights Q2 2013 report released on Thursday.

July 22, 2013

Front-end drug store sales are weakening, Credit Suisse reported in a research note.

June 21, 2013

Rite Aid has completed an effort to refinance half a billion dollars in debt, the retail pharmacy chain said Friday, fresh off its announcement the day before of its third consecutive profitable quarter.

June 19, 2013

Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

June 17, 2013

Rite Aid announced a new debt-refinancing plan, the second such plan in two weeks.

June 7, 2013

Rite Aid moved to refinance its debt Friday, announcing that it would buy half a billion dollars in notes using proceeds from a new loan, while also projecting that it would turn a profit in the first quarter of fiscal year 2014, results of which it will announce next week.

May 17, 2013

Supervalu successfully completed the refinancing of its existing $1.5 billion senior secured term loan agreement.