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Chain Drug Review

Dollar General sales strong, but miss estimates

Dollar General sales strong, but miss estimates

Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%.

Andre Persaud leaves Rite Aid

Andre Persaud leaves Rite Aid

Andre Persaud, chief retail officer at Rite Aid, has left the company. Bill Miller, senior vice president of central retail operations, will serve as acting head of retail operations. Chief pharmacy officer Karen Staniforth will oversee store pharmacy operations.

Beacon Wellness Brands names Lisa Tanzer CEO

Beacon Wellness Brands names Lisa Tanzer CEO

BOSTON – Beacon Wellness Brands, a leading intimate wellness, beauty, and personal care platform and portfolio company of Yellow Wood Partners, announced the appointment of experienced consumer goods executive Lisa Tanzer as chief executive officer to lead the company’s growth.