Content about president and CEO

July 28, 2011
CVS serves as title sponsor for 2011 National Urban League Conference

CVS Caremark is welcoming thousands of delegates to the 2011 National Urban League Conference as a title sponsor of the event that is taking place in Boston this week.

July 28, 2011
Revlon's Q2 boosted by Sinful Colors acquisition, net sales for color cosmetics

Revlon, which has been taking steps to improve its capital structure, posted a boost in second-quarter net sales, largely due to the inclusion of the recently acquired Sinful Colors brand and higher net sales of Revlon color cosmetics.

July 28, 2011
Sanofi announces executive changes

The president and CEO of Sanofi's U.S. operations is stepping into a newly created role at the drug maker.

July 27, 2011
FMI names Heather Garlich director of media, public relations

The Food Marketing Institute on Wednesday named Heather Garlich as the association’s director of media and public relations.

July 26, 2011
BioPlus leader offers information, commentary via Dr. Vogt’s BioBlog

As a relatively new facet of the pharmacy profession, specialty pharmacy is constantly developing, prompting the leader of one provider to go online to keep patients and physicians up to date.

July 26, 2011
Looking ahead, Supervalu emphasizes 'hyper-local retailing'

In an effort to increase the stickiness of Supervalu shoppers, Supervalu president and CEO Craig Herkert on Tuesday spoke of the company’s “hyper-local retailing” concept during a conference call with analysts.

July 25, 2011
Back to wellness and adding the ‘plus’


With its latest string of initiatives designed to bring it out of a slump that lasted more than a decade, Rite Aid is aiming for “wellness” to do for it what the lower-case “i” did for Apple.


July 25, 2011
Sammons’ legacy is one of turnaround


When Rite Aid chairman Mary Sammons accepted the Sheldon W. Fantle Lifetime Achievement Award at the National Association of Chain Drug Stores’ Annual Meeting in Scottsdale, Ariz., in May, it was the culmination of a career that had seen Rite Aid emerge from a period of darkness that had lasted more than a decade.


July 25, 2011
Segmentation strategies add up


The 19th century British writer William Hickson may have written, “If at first you don’t succeed, try, try, try again,” but he only had half the story. By all means, try again, but don’t do the same thing over and over and expect different results.


July 25, 2011
Wellness+ reaps benefits for chain and consumers


Since its nationwide launch in April 2010, Rite Aid’s wellness+ loyalty card program rapidly has proven itself to be a phenomenal boost to the chain’s business as the first-ever loyalty program designed to enhance customers’ savings and well-being together.


July 21, 2011
Retail pharmacy groups respond to merger agreement between Express Scripts, Medco

The merger agreement between Medco Health Solutions and Express Scripts announced Thursday has drawn objections from retail pharmacy trade groups.

July 14, 2011
June sales beat expectations

Warm weather, lower gas costs and strong Father's Day promotions apparently put consumers in a spending mood in June, boosting retail sales for the 12th consecutive month and surpassing many analysts' expectations, according to the National Retail Federation.

July 14, 2011
NACDS supports repeal of legislation requiring prescriptions for OTCs

The National Association of Chain Drug Stores announced on Thursday its support of legislation that seeks to repeal a provision of the Patient Protection and Affordable Care Act, which requires consumers to obtain a prescription to use their flexible spending accounts for over-the-counter medication purchases.

July 11, 2011
Weis Markets freezes prices again

Weis Markets announced it has lowered the prices on 1,600 staple items and that it will freeze these new lower prices for 90 days through Oct. 8.

July 6, 2011
NRF: 'Extremely disappointed' in swipe-fee regulations set

The National Retail Federation said last week that it was disappointed in the final debit card swipe-fee regulations set by the Federal Reserve.

July 6, 2011
Schiff, BioMarine extend collaboration

Schiff Nutrition on Wednesday expanded its supply agreement with Aker BioMarine through June 2016 for high-quality krill oil.

July 5, 2011
Amneal's president, CEO win Ernst & Young Entrepreneur of the Year award

Chirag Patel and Chintu Patel, who respectively are the president and CEO of Amneal Pharmaceuticals, recently received the Ernst & Young Entrepreneur of the Year award.

July 5, 2011
Collis succeeds Yost as CEO of AmerisourceBergen

David Yost officially handed the reins of AmerisourceBergen to Steven Collis, who was named president and CEO on Friday, as Yost prepares for retirement.

July 5, 2011
Dietary Supplement Labeling Act draws opposition from CRN

The dietary supplement industry last week took another legislative knock to the chin as it was associated with controversy surrounding mislabled conventional foods, specifically Lazy Cakes, a brownie that contains the dietary ingredient melatonin and purports to be a dietary supplement.

July 5, 2011
Duane Reade heads to Wall Street for latest flagship

Duane Reade, which is owned by Walgreens, is opening on July 6 its 22,000-sq.-ft. flagship store that has a decided “up market focus” with exclusive services and amenities never seen before in a Duane Reade or any other drug store.

July 5, 2011
Get 
fresh


Increasingly, chains that traditionally have not been major forces in food retailing are making bigger commitments than ever to fresh — including meat, produce and dairy — in an effort not only to help solve the nation’s growing health crisis and expand Americans’ access to nutritious food options, but also to create new reasons for customers to shop their stores.


June 30, 2011
NACDS seeks to renew focus on value of community pharmacy

Amid ongoing economic challenges and a continued debate about the best uses of healthcare dollars in private and public healthcare plans, the National Association of Chain Drug Stores on Wednesday called for a renewed focus on the value of community pharmacy.

June 29, 2011
Walgreens implements Chicago Hometown Investment Initiative

Walgreens on Wednesday unveiled plans to establish deeper roots on its home turf with its “Chicago Hometown Investment Initiative,” a plan that will create an estimated 600 new jobs in the city over the next two years and will quadruple the number of Walgreens’ food oasis stores.

June 24, 2011
Michael Polk takes helm at Newell Rubbermaid

Former Unilever executive Michael Polk has been appointed president and CEO of Newell Rubbermaid, effective July 18. He succeeds Mark Ketchum, who is retiring but will remain a director until May 2012.

June 23, 2011
Rite Aid trims losses as loyalty program, new formats drive same-store sales

Sales may have been flat overall, but a closer look revealed there was a lot to be positive about in Rite Aid’s fiscal first quarter 2012 earnings, as the company managed significant expense improvement and stronger same-store sales growth. Bottom line: Rite Aid narrowed its losses considerably, and that ain’t all expense control.

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