The 2018 NACDS Annual Meeting
The National Association of Chain Drug Stores Annual Meeting in Palm Beach, Fla., drew retailers and suppliers for four days of discussions about chain drug industry issues.
Issue 05-14-2018
Albertsons appoints senior VP
Albertsons Cos. has promoted Sean Barrett to senior vice president of advertising and marketing. Barrett has been at Albertsons since 2015. At the time of his promotion, he was serving on the retailer’s own brands team as group vice president of innovation, product and brands.
CVS buys 14-store Red Cross Pharmacy
Marshall, Mo.-based Red Cross Pharmacy Inc. plans to sell its retail pharmacies to CVS Pharmacy, both companies announced last month. Red Cross Pharmacy is a top-50 drug store chain and one of the oldest pharmacy businesses in the country.
Women executives form industry group
A group of 19 high-profile women in the retail and health care industries formally announced the creation of an organization called WE during a reception at the National Association of Chain Drug Stores Annual Meeting here last month. The mission of WE, derived from the first two letters in well, is
MinuteClinic gets new exec
CVS Health last month named Dr. Marc-David Munk as the new chief medical officer of MinuteClinic, the company’s retail medical clinic subsidiary, as well as associate chief medical officer of CVS Health.
Otto represents industry at global congress
The role of National Association of Chain Drug Stores members in the conversation about improving health care and addressing related societal challenges was on display during the 15th Annual World Health Care Congress, held here last month.
Bloom steps down as Fred’s chief exec
Mike Bloom resigned late last month as chief executive officer of struggling Fred’s Inc. Secretary and chief financial officer Joseph Anto was named interim CEO. The resignation came after the chain postponed the release of its fourth quarter and 2017 full-year results.
Drug Take Back Day helps thwart abuse
By all accounts, opioid abuse in the U.S. has reached epidemic proportions.
Amazon drops hospital Rx plan
Amazon.com has dropped a plan to sell pharmaceutical products to hospitals due to the project’s complexity, reported CNBC, citing sources familiar with the matter. The setback illustrates the challenges Amazon faces in getting into the medical supply and pharmaceutical space, CNBC reported.
Hourican is named CVS Pharmacy chief
Kevin Hourican was promoted last month to president of CVS Pharmacy, the retail division of CVS Health.
NACDS leaders: Tap strengths while embracing change
Speakers at the National Association of Chain Drug Stores Annual Meeting here last month argued that retailers need to respond to new consumer priorities and competitive pressures by embracing change while preserving and building on their traditional strengths.
Studies: Protectionism would mean fewer jobs
Two protectionist policies being considered by the White House would result in significant job losses, according to research released by the National Retail Federation.
The talk of the NACDS Annual Meeting
The National Association of Chain Drug Stores Annual Meeting last month in Palm Beach, Fla., unfolded against a backdrop of rapid-fire change in community pharmacy and the broader retailing and health care sectors.