Inside This Issue - News
Chain Drug Consortium appoints head of GM
April 25th, 2011
BOCA RATON, Fla. – Former Duane Reade executive Lee Colarco has been named vice president of general merchandise and consumables at the Chain Drug Consortium.
Colarco, a chain drug retailing veteran with over 25 years of experience in the general merchandise category, will be responsible for general merchandise, seasonal importing and all consumables and snack/edible programs.
Previously Colarco was vice president of merchandising and category management at Duane Reade, responsible for $350 million in front-end retail sales, the consortium said. She was named to the merchandising vice president post at the New York City drug chain, now part of Walgreen Co., in July 2009.
Her retail drug store experience includes five years at Duane Reade, seven years at Eckerd and Brooks Eckerd as senior group operational merchant and marketing director, and 15 years at Genovese Drug Stores as senior merchandise manager and director of imports.
At the consortium she will report to president and chief executive officer Edward Frisch. “Lee’s leadership in general merchandise, imports and consumables initiatives and re-merchandising skills will deliver new opportunities to our membership,” Frisch stated.