Top Retailers

CAMARILLO, Calif. — Classified Cosmetics, a developer of aerosol airbrush makeup, is looking to bring the technology to the mass market with the introduction of Aero Minerale mineral makeup mist at select Walmart stores.

WOONSOCKET, R.I. — CVS Caremark's retail-based clinic operator, MinuteClinic, is experiencing exponential gains in utilization and posted a 22% increase in acute visits during the past year, Larry Merlo, CVS Caremark president and COO, told investors Wednesday during the J.P. Morgan Healthcare Conference.

VAN NUYS, Calif. — JocottBrands, a developer and marketer of branded consumer products, is bringing the new Argan Magic hair care line exclusively to CVS/pharmacy.

SHELTON, Conn. — Organic product purchases among consumers have been fairly consistent over the past three years, but more shoppers are looking to mass retailers to purchase such items.

WOONSOCKET, R.I. — While a majority of physicians are comfortable with generic medications, there is a small segment who still have negative perceptions about the effectiveness and quality of generic drugs, and that may lead to doctors prescribing unnecessarily expensive medications, according to a new study by researchers at Harvard University, Brigham and Women's Hospital and CVS Caremark.

WOONSOCKET, R.I. — Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.

The dividend is payable Feb. 2 to holders of record on Jan. 21.

At its Analyst Day in October 2010, the company announced that it set a targeted dividend payout ratio of approximately 25% to 30% by 2015, which implied a compounded dividend growth rate of nearly 25% per year.

MINNEAPOLIS — Target is opening 21 stores across 12 states, the retailer announced Tuesday.

Among the openings are five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.

“Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target EVP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”

WOONSOCKET, R.I. — Despite an increase in flu activity, a recent CVS/pharmacy survey showed that 56% of respondents still had not received their flu shot, although 93% were aware that there already have been reported cases of the flu this season, the pharmacy retailer stated.

Flu activity steadily is increasing in the United States, with eight states now having reported widespread outbreaks of influenza cases, according CVS/pharmacy, which cited the most recent Centers for Disease Control and Prevention report.