John Standley, president and chief operating officer of Rite Aid Corp., will take over as chief executive officer in June, succeeding Mary Sammons, who will continue to serve as chairman until June 2012.
In an effort to boost efficiencies, cut costs and get closer to the consumer, Walmart has undertaken a major structural reorganization. While some of the most visible changes are in the company’s field operations team, merchandising and procurement have also been targeted. The Walmart U.S.
Health care reform will apparently come later rather than sooner. With the shift of one Senate seat, last year’s most pressing issue for President Barack Obama and the Democratic majority in Congress has moved to the back burner.
Health Mart, McKesson Corp.’s nationwide network of independently owned pharmacies, has set a milestone with the addition of its 2,500th pharmacy.
In support of its efforts to add perishable food offerings to many of its stores, Walgreen Co. has hired veteran convenience store executive Jim Jensen to serve as its new divisional merchandise manager of fresh foods.
Duane Reade Inc. has launched a new customer rewards program. Executives explain that the program — called Duane Reade FlexRewards — is easier to use and leads to faster rewards than Dollar Rewards, which was the chain’s previous loyalty program.
CVS Caremark Corp. is expanding its reach in terms of the markets it serves and the savings it provides to customers. With more than 7,000 stores, the drug chain made its entry into the St. Louis market last month, opening four stores in the region in a single week. At the same
Navarro Discount Pharmacies has opened a pediatric prescription window at one of its Miami outlets. The window was created to assist parents, particularly working mothers of children with urgent health needs, who require medication.
Rite Aid Corp. has moved two executives into new positions. Senior vice president of strategic business development Chris Hall has become senior vice president of pharmacy business development.
Here are seven events guaranteed to be resolved, debated, dismissed or disregarded in the chain drug industry over the course of 2010. 1.
The political landscape that retail pharmacy advocates will have to traverse has grown considerably more complex in recent weeks with the surprising victory of Republican Scott Brown in the race for the Senate seat that had been held by Edward Kennedy, the Massachusetts Democrat, for 47 years, and t
