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CDR

Watson cleared to release Lysteda generic

Watson Pharmaceuticals Inc. has received approval from the Food and Drug Administration for tranexamic acid tablets, a medication for menstrual bleeding. The company said Thursday that it will immediately begin shipping the product, which is a generic equivalent to Ferring Pharmaceuticals’ Lysteda.

December comp-store sales decrease at Walgreens

December comp-store sales decrease at Walgreens

Comparable-store sales at Walgreen Co. remained on the downside in December, as calendar day shifts and introductions of lower-price generic drugs impacted results. Walgreens said Friday that December same-store sales fell 6.1% from a year earlier. Calendar day shifts accounted for 1.

Unilever to divest Skippy peanut butter brand

Unilever has agreed to sell its global Skippy peanut butter business to Hormel Foods for about $700 million. The deal, announced Thursday, includes Unilever’s Skippy manufacturing facilities in Little Rock, Ark., and Weifang, China.

AmerisourceBergen adds board member

AmerisourceBergen Corp. has elected former Campbell Soup Co. chief executive officer Douglas Conant to its board of directors. The pharmaceutical distributor said Wednesday that the addition of Conant increases the number of board directors from nine to 10.

Sales at Rite Aid decline in December

Sales at Rite Aid decline in December

Despite solid script count growth, Rite Aid Corp. reported declined same-store sales for December. Rite Aid said Thursday that for the four weeks ended Dec. 29, comparable-store sales were down 2.2% year over year.

Rite Aid plans free health screenings

In line with its focus on wellness empowerment, Rite Aid Corp. is providing customers with a free health guide, online health resources and expert advice from its pharmacists to help support their efforts to improve their well-being as they look to the new year.

Kraft unveils new offerings for 2013

Focusing on what it called the "taste experience," Kraft Foods Group Inc. has announced more than 40 new food and beverage items as part of its product introductions for 2013.

SymphonyIRI gets set for annual summit

Retail executives, market forecasters and others will gather in Las Vegas to give their insights into how emerging trends are shaping the consumer packaged goods industry at the 2013 SymphonyIRI Summit in April.

Chain drug holiday sales: Better than last year

Chain drug holiday sales: Better than last year

Holiday sales at chain drug stores came in above last year’s levels thanks to the early arrival of Thanksgiving. With customers taking advantage of extra shopping days, total sales rose 4.6%, and same-store sales climbed 2.4%, according to research by Racher Press Inc.

CVS announces results of debt tender offers

CVS Caremark Corp. has bought back more than $1.7 billion in senior notes under a tender offer initiated late last month. Reporting the final results of the tender offer this week, CVS said an aggregate principal amount of $1.74 billion of the notes was tendered.