Finance & Capital Management

Costco ends Q4 earnings by beating estimates

Costco ended its fiscal year with fourth-quarter earnings ahead of estimates and annual sales just short of $250 billion.
Walmart’s RDCs in Arizona, Arkansas go high-tech

The retailer announced plans to install high-tech automation in two of its regional distribution centers—one in Buckeye, Ariz., and another in Searcy, Ark.
Avenacy intros generic Reglan

Metoclopramide injection is indicated for the relief of symptoms associated with diabetic gastroparesis.
Kroger announces extension of exchange offers, consent solicitations for Albertsons Co.’s notes

Kroger has extended the expiration date of the previously announced offers to exchange any and all outstanding notes of Albertsons Co.'s and its umbrella stores.
Meijer achieves carbon emissions reduction goal ahead of schedule

Meijer reduced its emissions by more than 50%.
Sandoz report weighs in on how to solve America’s drug shortage problem

For the last six years, 84% of the medicines in shortage have been generics.
Ahold Delhaize USA names new president for Stop & Shop

Ahold Delhaize USA has revealed that its chief commercial officer, Roger Wheeler, has been appointed president of Stop & Shop, effective Sept. 30.
Amazon employees receiving pay increase, additional company perks

The company said the more than 800,000 hourly members will be getting at least an additional $1.50/hour, new perks and expanded benefits.

CVS’ reported strategic review includes potential break-up, cutting workforce