William Grize, former president and chief executive officer of The Stop & Shop Supermarket Co. and Ahold USA, died Tuesday night after a brief illness, according to the company. He was 63. Grize retired from the food and drug retail giant in 2005 after a career that spanned nearly four decades.
Walgreen Co. has entered a long-term accounting services agreement with Genpact, a specialist in business process management.
Navarro Discount Pharmacies has appointed Steve Kaczynski as its chief executive officer. The drug store chain said Wednesday that Kaczynski succeeds Marcio Cabrera, who was serving as the retailer’s interim CEO.
CVS Caremark Corp. has expanded the availability of H1N1 flu vaccine to more than 220 stores throughout the California. The drug store chain said Tuesday the H1N1 vaccination is now being provided at select CVS/pharmacy locations in 25 counties in southern, central and northern California.
In recognition of his leadership in a rapidly changing industry, the editors of Chain Drug Review have named Walgreen Co. senior vice president of pharmacy Kermit Crawford the Chain Drug Pharmacy Executive of the Year.
Pointing to a modest flu season and less seasonal business, Walgreen Co. posted a 0.3% decline in same-store sales for December. The decrease continued a deceleration in same-store revenue growth from the fall, with the drug store chain reporting gains of 3.9% in November, 4.9% in October and 5.
In just over a year as chief merchandising officer of Duane Reade Inc., Joe Magnacca has put his stamp on the chain in a way equaled by few other retailers. The newest and most recently remodeled Duane Reade stores are all but unrecognizable for New York City shoppers accustomed to older units
As the second decade of the 21st century gets under way, chain drug retailers across North America are being forced to grapple with a variety of issues critical to their future.
In what it calls a first, Rite Aid Corp. has launched a shopper rewards initiative dubbed "Rite Aid The Game of Life" in which customers have the chance to win $5 million in prizes. Similar to the popular board game, the program calls for customers to collect and match game pieces
Walgreen Co. said the H1N1 vaccine is now available daily at its more than 7,100 Walgreens pharmacies and 350 Take Care clinics nationwide.
Rite Aid Corp. saw same-store sales decrease in December as overall revenue came up short of year-ago results. Rite Aid said Monday that for the four weeks ended December 26, same-store sales fell 1.8% year over year.
Recession, unemployment, family, weather, an extra shopping day, convenience, price points under $10 and inventory management all impacted the 2009 holiday selling season.
The editors of Chain Drug Review have named Greg Wasson, president and chief executive officer of Walgreen Co., the publication’s 2009 Chain Drug Retailer of the Year.
Major pharmacy retailers this week announced expanded availability of H1N1 vaccinations, including at in-store health clinics. Rite Aid Corp. said Wednesday it is now is offering the H1N1 flu shots at 1,257 Rite Aid stores in 30 states and the District of Columbia.
Walgreen Co. has appointed a new leader for its key Customer-Centric Retailing initiative and made other executive moves in online merchandising.
Senior citizens are finding it challenging to manage their daily medications, with many taking a handful of prescriptions regularly and some facing a double-digit pill dosage each day, according to a new survey. The national poll, conducted by Kelton Research for Medco Health Solutions Inc.
