Content about finance

August 9, 2010
GNC reports increase in Q2 net income, EBITDA

General Nutrition Centers reported a 42.5% increase in net income for its second quarter ended June 30....

August 9, 2010
Report: Bi-Lo goes up for sale

Just a few months after completing its financial restructuring, Bi-Lo reportedly is for sale, according...

August 9, 2010
Rite Aid sells $650 million in senior notes; Fitch declares outlook 'stable'

Shortly after announcing initiatives for its credit facilities, Rite Aid late Monday released the terms...

August 8, 2010
Rite Aid announces financial initiatives

Rite Aid on Monday announced a pair of initiatives concerning the company’s credit facilities....

August 3, 2010
Drugstore.com's revenues rise with help of OTC sales

Drugstore.com experienced a net sales increase of more than 27%, reaching $113.1 million, for the...

August 3, 2010
Safeway continues support of Muscular Dystrophy Association

Safeway on Tuesday announced a companywide campaign to support research and treatment for neuromuscular diseases,...

August 2, 2010
Rite Aid's stock no longer in compliance with NYSE

Rite Aid on Tuesday announced that the New York Stock Exchange has notified the company...

July 22, 2010
Report: Carlyle to sell Philosophy skin care business

Private equity firm Carlyle Group is reportedly looking to sell skin care company Philosophy for...

July 21, 2010
FMI praises passage of swipe fee law

The Food Marketing Institute on Wednesday hailed the passage of the Dodd-Frank Wall Street Reform...

July 20, 2010
NRF: Swipe fee fix battle 'isn't over'

Despite the signing of a financial-reform legislation that will curb the credit and debit card...

July 15, 2010
Bloated soda tax caves in

Lobbying by the American Beverage Association has squashed state government plans to put the much-debated...

July 15, 2010
Senate passes financial reforms, draws praise from retail industry

The Food Marketing Institute on Thursday praised the Senate for approving the Conference Report to...

July 14, 2010
NBTY acquired in $3.8 billion deal by Carlyle

NBTY announced Thursday morning its acquisition by the Carlyle Group with the execution of a...

July 13, 2010
Walgreens increases quarterly dividend

The board of directors at one of the nation's largest drug store chains increased its...

June 30, 2010
Industry applauds House passage of swipe fee legislation

Retail industry groups on Wednesday praised the House of Representatives for passing the Conference Report...

June 30, 2010
Swipe fee reform: Just what the industry ordered

This represents a significant victory for retailers from all sectors, if for nothing else than...

June 27, 2010
Swipe fee fix draws praise from industry groups

Financial-reform legislation that seeks to regulate and curb interchange swipe fees that cause unforeseen expenses...

June 17, 2010
Independents renew appeal to Congress for relief from rising card transaction fees

Concerned over what they call “exorbitant transaction fees and anticompetitive practices” by credit card companies,...

June 14, 2010
PwC projects drop in employer medical costs next year

The growth rate for employers’ medical costs is expected to fall somewhat next year, according...

June 13, 2010
Stock repurchase program at CVS Caremark approved

CVS Caremark has announced that its board of directors has approved a new share repurchase...

June 8, 2010
Former Duane Reade executives found guilty of fraud

Former Duane Reade CEO Tony Cuti was convicted Tuesday of conspiracy and securities fraud, according...

June 6, 2010
Japanese chain unveils female-focused concept

Japanese mega-retailer Aeon Co. has developed a new concept store called R.O.U., which focuses on...

May 20, 2010
NAD recommends more modifications for Mead Johnson's Enfamil ads

Although Mead Johnson has said it voluntarily will modify or discontinue certain advertising claims for...

May 19, 2010
P&G launches eStore

A new online shopping site will offer household, beauty and grooming products from one of...

May 18, 2010
Barba takes on VP finance and accounting role at Matrixx

Matrixx Initiatives on Wednesday named William Barba VP finance and accounting and treasurer effective May 6....

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