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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.

Dr. Pepper Snapple to launch five new TEN sodas

Next month, Dr Pepper Snapple Group plans to roll out 10-calorie versions of five of its most popular soda brands. The beverage company said Thursday that 7UP TEN, A&W TEN root beer, Sunkist TEN orange soda, Canada Dry TEN ginger ale and RC TEN Cola will be available in January at select

First-quarter earnings drop at Walgreens

First-quarter earnings drop at Walgreens

Citing the impact of various items, including a reporting change for its partnership with Alliance Boots, Walgreen Co. saw net income sink for its fiscal 2013 first quarter, coming in well below Wall Street’s forecast. Walgreens said Friday that for the first quarter ended Nov. 30.

Rite Aid turns profit in third quarter

Rite Aid turns profit in third quarter

Rite Aid Corp. jumped a key financial hurdle by reporting net income for its fiscal 2013 third quarter, marking the company’s first quarterly profit in over five years. Rite Aid on Thursday posted net earnings of $61.9 million, or 7 cents per diluted share, for the 13-week third quarter ended Dec.