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June 30, 2010

When Simon joined Walmart a little more than four years ago, he didn’t bring with...

WHAT IT MEANS AND WHY IT'S IMPORTANT When Simon joined Walmart a little more than four years ago, he didn’t bring with him a lot of baggage about the way things were done in the retail industry or at Walmart. In fact, he virtually had no retail experience, which could explain why the company came up with the $4 generic idea. Now, as head of the company’s $258 billion U.S. division, you have to wonder if disruptive actions of a similar nature are in store. Clearly, Walmart didn’t make this change because it is overjoyed with the performance of its U.S.

June 29, 2010

BENTONVILLE, Ark. (June 29, 2010) — Bill Simon was given one of the biggest jobs in retail on June 29 when he was named president and CEO of Walmart U.S., assuming vice chairman Eduardo Castro-Wright’s responsibilities for the $258 billion division.

June 27, 2010

A former leader of one of the largest health conglomerates in the world died Friday...

June 21, 2010

Rep. Ed Towns, D-N.Y., on Tuesday announced that the House Committee on Oversight and Government...

June 3, 2010

Rep. Ed Towns, D-N.Y., on Thursday announced that the Committee on Government Oversight and Government...

June 1, 2010

Consumers are more cautious with their spending this summer season compared with years past, according...

May 31, 2010

Procter & Gamble is gearing up to release its June BrandSaver coupon booklet this weekend,...

May 17, 2010

Pfizer plans to lay off 6,000 of its workers and reduce manufacturing or cease manufacturing...

May 17, 2010

Walmart's Rollbacks program could prompt $700 million in savings for families this summer, the big-box...

May 11, 2010

Pfizer will acquire worldwide rights to a drug for treating pulmonary arterial hypertension, the drug...

March 14, 2010

Drug companies stand to lose a lot of money in the coming years, as the...

February 25, 2010

A Pfizer executive credited with diversifying the company’s portfolio and helping create a joint venture...

February 17, 2010

The market for drugs that fight cancer by focusing on specific molecules, proteins and enzymes...

February 10, 2010

Roll out the Red Carpet because Walmart and Procter & Gamble are entering showbiz....

January 28, 2010

Major restructuring initiatives announced Thursday by Walmart touch nearly every aspect of the company and...

January 26, 2010

Pfizer’s acquisition of Wyeth appears to be paying off for the world’s largest drug maker....

January 17, 2010

Procter & Gamble announced last week that it has settled a lawsuit against Apollo Health...

January 11, 2010

Wal-Mart said Monday it will close 10 money-losing Sam's Club stores and cut 1,500 jobs...

October 18, 2009

What’s really intriguing behind the return of a consumer division to Pfizer is the fact...

NEW YORK What’s really intriguing behind the return of a consumer division to Pfizer is the fact that two of its flagship pharmaceuticals -- Lipitor and Viagra -- are approaching patent expiration, and both have been suggested as possible Rx-to-OTC switch candidates by Kline & Co.

 

January 29, 2009

The deal gives a great deal of added heft to Pfizer’s pharmaceutical division — the...

The deal gives a great deal of added heft to Pfizer’s pharmaceutical division — the combined Pfizer/Wyeth entity represents $70 billion in annual sales. Pfizer was already the leading pharmaceutical supplier at retail pharmacy for the 12 months ending November according to IMS Health. And that’s thanks in large part to the company’s Lipitor franchise. While Lipitor is the No. 1 drug sold in retail pharmacy today, the first patent protecting the statin expires as soon as 2010, though most analysts project a generic Lipitor will be introduced by November 2011.

October 14, 2008

The pharmacy at Wal-Mart is in for some major changes in the coming years as the retailer looks to upgrade its prescription drug departments in keeping with a broader strategy to make the customer experience at its stores fast, clean and friendly.

The pharmacy at Wal-Mart is in for some major changes in the coming years as the retailer looks to upgrade its prescription drug departments in keeping with a broader strategy to make the customer experience at its stores fast, clean and friendly. Click below to download the PDF of Walmart: Rx for an Upgrade.

February 3, 2008

While the big news to come out of Procter & Gamble’s second-quarter results was the...

September 10, 2007

Former Procter & Gamble and Coca-Cola executive Anne Sempowski Ward has been named president and...