July 16, 2013

The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday.

July 15, 2013

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada.

When Loblaw announced last week it would debut a new health-focused format to take on Whole Foods, no one could have expected it would make a deal to become the No. 1 pharmacy retailer in Canada, leapfrogging from No. 8 to that top spot with the stroke of a pen. Together the companies will operate 1,797 pharmacies across a total of 2,348 locations, meaning 1-in-5 Canadian pharmacies now will be operated by the merged company. Shoppers Drug Mart represents $4.9 billion in annual pharmacy sales, representing 47.3% of sales and $3.9 million in pharmacy sales on a per store basis. And if Loblaw's pharmacy sales are brought up to that level, the merged companies will represent $6.8 billion in pharmacy revenue.

June 25, 2013

Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards.

June 17, 2013

Sales of U.S. prestige men’s fragrances are on the rise, according to recent research by global information company The NPD Group.

June 12, 2013

Pharmacy automation provider QS/1 has received certification for controlled substances prescribed electronically, the company said.

June 10, 2013

Are retail clinics a fad or a permanent and viable part of the healthcare landscape?

That was the question explored by health experts at a web-based summit April 25, presented by the Rand Corp. and the University of Pittsburgh.

May 30, 2013

It comes as little surprise that nail color continues to be hot — red hot — as beauty mavens enjoy the self-expression, experimentation and affordability provided by at-home nail color innovation.

May 30, 2013

Costco Wholesale had sales of $23.55 billion in third-quarter 2013, an 8% increase over last year's $21.85 billion, as well as a 6% increase in same-store sales, the club retailer said.

May 3, 2013

Walgreens on Friday posted April sales of $6 billion, an increase of 3.8% as compared to the same month in fiscal 2012.

May 3, 2013

CVS Caremark executives were upbeat during last week’s conference call with analysts as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

The positive start to 2013 is important as it further demonstrates that CVS Caremark’s distinctive, integrated healthcare model is resonating and spelling success for this pharmacy innovation company.

April 25, 2013

Safeway shares dropped dramatically Thursday morning as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared with the first quarter of 2012.

April 21, 2013

New technology and types of introductions could bring some heat to the frozen food category. Frozen food sales have been flat to declining for the past few years, according to a recent study from Packaged Facts, with nearly all dollar sales gains coming from higher prices or new products rather than increased consumer demand.

April 21, 2013

It's official. During its most recent quarterly conference call with analysts, CVS Caremark revealed what many had anticipated: Its acquisition of privately held Brazilian drug store chain Drogaria Onofre was complete.

April 3, 2013

Walgreens reported March sales of $6.2 billion, an increase of 2.3%.

March 28, 2013

Fred's will be looking to extend its pharmacy penetration to as high as 70% of all stores in the next three years.

March 26, 2013

Family Dollar Stores on Monday named Scott Zucker to the newly created position of SVP merchandise operations.

March 20, 2013

Dry shampoo introductions are on the rise as the segment accounting for 3% of global shampoo launch activity in 2012, up from 1% in 2008, according to new research from Mintel Beauty & Personal Care.

March 7, 2013

Costco's sales increased 8% to $7.58 billion in February, the club retailer said.

March 7, 2013

The percentage of adults in the United States who say they want to reduce or eliminate gluten from their diets reached a new high this January, according to a new study.

March 5, 2013

Walgreens' February sales fell short of analyst projections due to a sharper impact from generic drug introductions.

March 4, 2013

Automatic spending cuts stemming from the failure of Congress and the White House to reach a budget deal will likely harm the disease-preventing capabilities of the Centers for Disease Control and Prevention, according to a new report.

February 28, 2013

The world market for generic drugs will jump more than 15% this year and reach a global total of $127.8 billion, predicted a report from British market research firm Visiongain.

February 25, 2013

The energy drink category, which has enjoyed double-digit sales and unit growth for several years, faces increasing scrutiny from the Food and Drug Administration.

February 25, 2013

Despite a wavering economy, all of the U.S. prestige beauty categories enjoyed healthy growth in 2012, according to global information company the NPD Group, which presented in late January the U.S. and global beauty industry's first look at 2012 year-end results for skin care, makeup and fragrance at its annual "Hot off the Press" event at the Harmonie Club in New York.