November 26, 2012

Consumer spending could drop by almost $200 billion next year while depressing real consumer-spending growth by 1.7% if middle-class taxes rise in response to the fiscal cliff, according to a report released Monday by a White House economic team.

November 14, 2012

Skin care brand Murad — which was founded by Howard Murad, a board-certified dermatologist-trained pharmacist — has named Fred Gysi as CFO.

October 31, 2012

Shrink costs Canadian retailers almost C$4 billion per year, according to a new report.

October 29, 2012

Ulta Beauty has announced that Michael MacDonald, president and CEO of DSW, a branded footwear and accessories retailer, has been appointed to its board.

October 25, 2012

Procter & Gamble announced on Thursday a decrease in both first-quarter net sales and diluted earnings per share from continuing operations, as core earnings per share rose 5%.

October 25, 2012

Beauty company Revlon posted a net loss for the third quarter due to charges as sales rose 2.9%, thanks to higher net sales of Revlon color cosmetics and the inclusion of net sales of Pure Ice.

October 18, 2012

Ulta Beauty has announced the appointment of Scott Settersten as acting CFO, effective immediately. Settersten replaces Bruce Hartman, who has resigned from his position as CFO by mutual agreement with the company.

October 10, 2012

Chain Drug Marketing Association has named a VP finance and store brands, as well as a new director of business development.

October 1, 2012

Ingles Markets announced that its board of directors has declared a cash dividend of 16.5 cents per share on all its class A common stock and 15 cents per share on all its class B common stock.

October 1, 2012

Publix on Monday announced its board of directors declared a semi-annual dividend on its common stock of 30 cents per share.

September 24, 2012

Savient Pharmaceuticals has appointed a new finance chief.

September 19, 2012

CVS Caremark announced that its board of directors has approved a new share repurchase program for up to $6 billion of the company's outstanding common stock.

September 19, 2012

Revlon’s board has declared a regular dividend of approximately 16.5 cents per share on the Series A Preferred Stock for the period from July 9 through Oct. 8.

September 18, 2012

Valeant Pharmaceuticals CFO Howard Schiller has been appointed to the drug maker's board of directors.

September 6, 2012

Beauty brand Physicians Formula Holdings has received an unsolicited, nonbinding proposal to acquire all its outstanding shares of common stock at a price of $4.90 per share.

September 5, 2012

Hain Celestial announced that EVP and CFO Ira Lamel will retire from the company.

August 21, 2012

Forty-five percent of customers shopping in-store at brick-and mortar-locations will walk out and complete their purchase online for a discount as low as 2.5%, according to new showrooming research from GroupM Next.

August 17, 2012

Walgreens. CVS. Rite Aid. Walmart. Costco. Health Mart. Sam’s Club. Ahold. H-E-B. Winn-Dixie. McKesson. Good Neighbor Pharmacy. Kerr Drug. Rexall Canada. Family Dollar. Shoppers Drug Mart. Giant Eagle. The list of participating companies in the 14th Annual Drug Store News Group Industry Issues conference reads like a “who’s who” of retailing.


August 15, 2012

Target's second-quarter sales increased 3.5% to $16.5 billion and the company’s profits grew 2.9% to $1.06 per share, 5 cents higher than analysts expected.

August 15, 2012

Beauty company Physicians Formula is being acquired by private equity firm Swander Pace Capital for $4.25 per share in cash, or approximately $65 million.

August 14, 2012

Shopkick, a shopping application that rewards shoppers for walking into stores and interacting with products, has teamed up with CVS/pharmacy to roll out a first-ever offering of walk-in and other rewards at a retail pharmacy, Shopkick announced on Tuesday.

August 10, 2012

BioScrip on Wednesday posted $155.9 million in second-quarter revenue, up 18.5% compared with the prior year.

August 10, 2012

Sam's Club has extended its relationship with GE Capital Retail Bank, a consumer lending unit of General Electric.

August 8, 2012

Safeway shoppers looking to save at the pump this summer and beyond no longer will be able to, according to published reports.