December 7, 2010


BENTONVILLE, Ark. — Walmart’s Neighborhood Market concept finally is getting its due more than 12 years after the first unit opened in late 1998. Next year, the company expected to open between 30 and 40 small stores, the majority of which will be Neighborhood Market units, in addition to a handful of pilot stores measuring less than 30,000 sq. ft. that the company views as a potential growth vehicle for either urban or rural markets.


December 6, 2010

Two-and-a-half years after joining the company, Robin Michel is leaving as president of the Giant-Landover division of Ahold USA to pursue other opportunities, the company confirmed Monday.

December 6, 2010

Pfizer president and CEO Jeffrey Kindler has retired from the company, the drug maker said Sunday. Ian Read, who currently heads Pfizer’s global biopharmaceutical operations and has worked for the company since 1978, will succeed him.

December 6, 2010

An India-based drug maker is looking to acquire all outstanding shares of another generic drug manufacturer based in the United States.

December 3, 2010

CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.

December 3, 2010

Fresh from securing a deal to sell his company to Cardinal Health for $1.3 billion, Kinray owner, president and CEO Stewart Rahr is turning more attention to his crusade to promote his friend Donald Trump as a candidate for president in 2012.

December 3, 2010

Winn-Dixie is offering customers a way to benefit the U.S. Marine Corps Reserve’s Toys for Tots program this holiday season through its private-label bottled water.

December 1, 2010

A consumer products giant and a big-box retailer are looking to connect deployed members of the U.S. military with their families during the holiday season, with help from the United Service Organizations.

December 1, 2010

Independent pharmacists are hailing a move in Congress to exempt pharmacies from burdensome accounting requirements imposed by the Federal Trade Commission.

December 1, 2010

Drug maker Watson Pharmaceuticals has made an emergency oral contraceptive available by prescription in the United States, the company said Wednesday.

November 30, 2010

The Food and Drug Administration has granted market exclusivity for a generic version of a medication designed to treat indoor and outdoor allergies.

November 29, 2010

A regional pharmacy chain has acquired a store based in Iowa.

November 22, 2010

Aveeno has developed new products and teamed up with the National Eczema Association ...

November 22, 2010

A generic drug maker has entered an agreement to purchase another drug maker's U.S. penicillin site ...

November 21, 2010

Aveeno, a Johnson & Johnson Consumer Products Co. brand, has developed new products and teamed...

November 21, 2010

A drug maker will pull a common prescription painkiller from the market following the release...

November 18, 2010

The customer care team of CVS Caremark's pharmacy benefit management business earned a silver medal...

November 18, 2010

The fact that CVS Caremark's MinuteClinic was highlighted as an innovator of healthcare delivery by...

November 18, 2010

Johnson & Johnson and the U.S. government are suing two generic drug makers to stop...

November 18, 2010

The Jean Coutu Group may be only biding its time before making another go at...

November 17, 2010

Cardinal Health is looking to expand the pharmaceutical segment of its business by acquiring a...

November 17, 2010

MinuteClinic, CVS Caremark's network of walk-in medical clinics, was highlighted as a breakthrough innovator in...

November 17, 2010

Former Walmart executive Jack Shewmaker passed away Wednesday evening. He was 72....

November 16, 2010

Dollar Tree on Wednesday announced that it has completed its purchase of the assets of...