Kroger on Thursday beat analysts’ quarterly consensus, posting 46 cents in earnings per share (adjusted for a goodwill impairment charge) that exceeded consensus by 2 cents EPS, with a higher-than-expected identical-store sales lift of 3.8% (excluding fuel).
In a letter penned Thursday by the National Association of Chain Drug Stores to Sen. Olympia Snowe, R-Maine, the association stated that while it shares the goal of reducing prescription drug costs, authorizing the reimportation of prescription medications — as sought in S.319, the Pharmaceutical Market Access and Drug Safety Act of 2011 — raises concerns about patient health and safety.
Beiersdorf is celebrating Nivea's 100th year and, as part of the celebration, is launching its biggest digital campaign to date and has tapped music icon Rihanna to help serve as the voice of the festivities.
The National Retail Federation warned federal transportation officials that transportation costs would increase by up to 20% in some cases if a proposal to limit the number of hours truck drivers spend behind the wheel each day goes into effect.
MinuteClinic announced that it is offering spring sports physicals at its facilities across the country to make it easier and more affordable for children and teenagers to head to the field and participate in organized sports.
Through a new exclusive agreement with Green Secure Solutions, Winn-Dixie is implementing a patent-pending process to clean, sanitize and protect shopping carts, hand baskets, handicap carts, food trays and other equipment at its 484 stores.
Sales at club-based mass merchandiser Costco increased by 11% to $20.45 billion during the second quarter of fiscal year 2011, according to an earnings report Wednesday. For the first half of fiscal 2011, net sales increased to nearly $39.3 billion, from about $35.3 billion last year.
CVS Caremark has inked a three-year agreement with ActiveHealth Management, an independent subsidiary of Aetna, under which CVS Caremark will apply the evidence-based, clinical intelligence of the ActiveHealth CareEngine to healthcare claims for its PBM customers to identify opportunities for improved pharmacy care.
Food Lion is continuing its 17-year corporate partnership with the Central Intercollegiate Athletic Association and once again serving as a sponsor, along with Thompson Hospitality, of the CIAA Women's Health and Wellness Symposium.