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New CEO to build on strengths at L&R Distributors

New CEO to build on strengths at L&R Distributors

Jim Athey has big plans for L&R Distributors. He’s just taken over as chief executive officer following the transition of Marc Bodner to the title of executive chair, and he’s ready to take the company to the next level. Athey spoke with Chain Drug Review about his blueprint for growth, the issues

With NACDS 2023, association helps define the future

With NACDS 2023, association helps define the future

In its 90th anniversary year, the National Association of Chain Drug Stores remains focused on leading the future of an industry dedicated to advancing health and wellness for all Americans. One of its major initiatives — NACDS 2023 — reflects this promise.

Bed Bath & Beyond files for bankruptcy protection

Bed Bath & Beyond files for bankruptcy protection

Bed Bath & Beyond Inc. said Sunday that it had filed for Chapter 11 bankruptcy protection and plans to “implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.” To facilitate this process,

Annual Meeting marks NACDS’ 90th anniversary

Annual Meeting marks NACDS’ 90th anniversary

PALM BEACH, Fla. – Leaders of the National Association of Chain Drug Stores (NACDS) on Sunday addressed a high-energy and robust audience of retailer and supplier members at the 2023 NACDS Annual Meeting, in the Association’s 90th Anniversary year.

Rite Aid narrows loss in fourth quarter

Rite Aid narrows loss in fourth quarter

Rite Aid reported a net loss of $241.3 million, or $4.39 per share, for its fourth quarter, compared to a net loss of $389.1 million, or $7.18 per share in the year-ago period.  The adjusted net loss of $68.2 million, or $1.24 per share, was wider than the 78 cents per share expected

Salsify study sheds light on ecommerce blind spots for brands

Salsify study sheds light on ecommerce blind spots for brands

Salsify, the platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, announced the findings of new consumer research that reveals this is the era of the store brand with 63% of shoppers choosing store brands or private labels due to their low prices.

Claritin out races allergy fog this spring

Claritin out races allergy fog this spring

Bayer brand Claritin announced the launch of its new integrated creative campaign that shares there is no room for allergy fog, which is another way some consumers refer to their allergy symptoms. Claritin provides powerful allergy relief.

Loblaw names Per Bank as new CEO

Loblaw names Per Bank as new CEO

George Weston Limited and Loblaw Cos. jointly announced Tuesday the appointment of Per Bank as president and chief executive officer of Loblaw. He will formally join the company by Q1 2024.