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March 26, 2013

Kroger on Tuesday announced the planned retirement of VP and pension investment officer, Rich Manka, effective July 15.

March 22, 2013

Supervalu on Friday named several executives to the company's leadership team one day following the closing of its divestiture of five retail banners to AB Acquisition.

March 21, 2013

Supervalu announced the completion of the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC, an affiliate of a Cerberus Capital Management-led investor consortium, in a stock deal valued at $3.3 billion, including $100 million in cash and $3.2 billion in debt assumption.

March 19, 2013

In the wake of a new partnership announcement between Walgreens and AmerisourceBergen, Cardinal Health announced on that its pharmaceutical distribution contract with Walgreens that is scheduled to expire at the end of August 2013 will not be renewed.

February 26, 2013

Bausch + Lomb named Robert Bertolini as president and CFO effective immediately.

February 22, 2013

Rite Aid has completed a series of debt financing transactions it announced recently, the retail pharmacy chain said.

February 14, 2013

Harris Teeter on Wednesday confirmed an earlier Wall Street Journal report that the grocer was in the process of exploring strategic options.

February 14, 2013

The investment groups of billionaires Warren Buffett and Jorge Paulo Lemann will buy H.J. Heinz for about $23 billion, according to published reports.

February 13, 2013

Forty-one percent of Americans are living paycheck to paycheck, according to a new survey by Allstate Financial.

February 12, 2013

A mere 2% increase in the payroll tax could represent $800 in reduced spending power per year for a person with a household income of $40,000, according to a new study by SymphonyIRI.

February 8, 2013

Rite Aid has updated the debt refinancing that it announced Jan. 31, the retail pharmacy chain said.

February 6, 2013

Kmart is marking Black History Month in February with a financial empowerment campaign aimed at African-Americans, the mass merchandise retailer said.

February 5, 2013

A new report sheds light on some of the opportunities and challenges that exist in follow-on biologics, arguing that their opportunity to generate value depends on factors like the speed of development, clarity of regulation, ease of access and the roles of all stakeholders.

February 5, 2013

Target has made its REDcard cards available for customers at its Canadian stores, the mass merchandise retailer said.

February 4, 2013

Safeway on Monday announced the appointment of Peter Bocian as its new executive vice president and CFO. Bocian, 58, will oversee the company's financial functions including accounting, tax, audit, treasury, investor relations, planning and business development.

February 1, 2013

Rite Aid will refinance part of its debt, the retail pharmacy chain announced.

January 28, 2013

99¢ Only Stores last week announced that Richard Anicetti has assumed the role of interim CEO.

January 15, 2013

Interest in vitamins, minerals and supplements as a viable consumer product with strong profit-bearing potential has got to be at an all-time high right now, judging from the number of merger and acquisition deals scrolling across the latest finance news feeds.

December 21, 2012

Teva Pharmaceutical Industries is buying $1 billion worth of its debt, the Israeli drug maker said.

December 19, 2012

The National Association of Chain Drug Stores announced on Wednesday that Jim Huber, EVP and CFO of NACDS, is retiring after 25 years of service.

December 14, 2012

A former executive of Car Toys has been appointed CFO of Bartell Drugs, the Seattle-based retail pharmacy chain said.

November 30, 2012

Former Unilever Group executive has been appointed EVP and CFO of Regis, a provider of beauty salons, hair restoration centers and cosmetology education.

November 29, 2012

As many as 26% of consumers increased their usage of over-the-counter products in the past year, according to an online survey of more than 900 AccentHealth viewers conducted in September. Anticipated increases in OTC use for the upcoming year are driven by those who have already reported a rise in usage in the past year.


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.

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