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CDR

Drug chains drive retail clinic growth

Paced by leading chain drug operators, the number of retail health clinics in the United States is growing steadily, says a Kalorama Information report. In recent years, as a result of the economic downturn, retail clinic growth had been at a standstill.

Two veteran Walgreens execs retire

Walgreen Co. has lost two executives to retirement who collectively had spent more than a half-century with the retailer. Both John Spina and Don ­Huon­ker retired on October 31, the company says. Spina, corporate vice president of expense optimization, had the longer tenure of the two.

NACDS Foundation dinner nears

Renowned news correspondent, television host and producer Barbara Walters will serve as the keynote speaker for the National Association of Chain Drug Stores Foundation Dinner, which will be held on December 3 in New York City.

Shore becomes CEO at Fred’s

Jerry Shore has been named chief executive officer of Fred’s Inc., which operates more than 350 pharmacies and is transitioning to a convenience/pharmacy-centric model.

Data theft is targeted by Obama

The Obama administration is joining the push to protect Americans from identity theft and fraud. President Obama signed an executive order last month to strengthen security on federally issued credit cards and government payment systems.

Retail industry in need of more interaction

Mass market retailing, once the scene of an apparently ongoing string of meetings, conferences, exhibit shows and discussions, has morphed into an industry where such gatherings are disappointingly few and far between.

PepsiCo president slated to retire

PepsiCo Inc. president Zein Abdalla plans to step down from his post at the end of this year. Zein Abdalla In an 8-K filing with the Securities and Exchange Commission on Thursday, PepsiCo said Abdalla notified the company that he has decided to retire effective Dec. 31.

Reese’s expands lineup with snack spread

Hershey Co. has launched Reese’s Spreads, a combination of chocolate and peanut butter flavors in spreadable form. Hershey said Wednesday that Reese’s Spreads, based on the Reese’s Peanut Butter Cup, will appeal to consumers because it can be "enjoyed on any food, anytime, anywhere.

Mylan ships Loestrin 24 Fe generic

Mylan Inc. has released norethindrone acetate and ethinyl estradiol tablets (1 mg/0.02 mg) and ferrous fumarate, a birth control pill, in the United States. Mylan said Wednesday that the oral contraceptive product is a generic version of Loestrin 24 Fe from Warner Chilcott.