News Source: Honolulu Advertiser
| about 1 month ago
Stores are heading into the holiday period with slashed inventories, determined not to have the fire sales that characterized last Christmas. But shoppers are still facing tight credit and a weak job market and might wait for fat discounts or not...
News Source: Miami Herald
| about 1 month ago
The company disclosed more multibillion-dollar contract losses in its pharmacy benefits management business and said the head of the unit will depart. CEO Tom Ryan said CVS, which also runs the nation's second-biggest drug store chain, won't reach...
News Source: Palm Beach Post
| about 1 month ago
Calif. — Clothing retailer Bebe Stores Inc. said it posted a loss for its fiscal first quarter as its sales plummeted. In the three months that ended Oct. 3, Bebe lost $4.2 million, or 5 cents per share, compared with a profit of $11.2 million, or...
News Source: Los Angeles Times
| about 1 month ago
CVS is confident it conducts business in compliance with antitrust laws, Chief Financial Officer David Rickard said today in an e-mailed statement. CVS was notified of the investigation in August and is cooperating, the Woonsocket, Rhode Island-based...
News Source: Fox News
| about 1 month ago
The Federal Trade Commission is conducting an antitrust investigation into CVS Caremark , the drug-store chain said in its 10-Q securities filing Thursday. No further information was available on the nature of the investigation. CVS, the nation's...
News Source: Seattle Times
| about 1 month ago
CVS Caremark Corp. says the Federal Trade Commission is investigating some of the chain's business practices. The drugstore chain and pharmacy benefits manager did not disclose the details of the "nonpublic investigation," but said it has not...