Content about president and CEO

March 31, 2011
Consumers continue to plan ahead before shopping

While fewer consumers are seeking out private-label options this year, preplanning activities continue to be a priority, according to a new survey conducted by SymphonyIRI Group.

March 31, 2011
Hershey products receive price boost

Expect to see Hershey products carrying a higher price tag.

March 28, 2011
NACDS president opines about the cost of medication nonadherence

Looking to further communicate the important role pharmacy plays in the healthcare delivery system, the National Association of Chain Drug Stores president and CEO Steve Anderson ran an opinion column in a "Medication Non-Adherence" supplement published Monday by Mediaplanet and distributed in The Washington Post.

March 25, 2011
Report: Former pharmacy chain CEO Rick Keltsch dies

The former head of a now defunct pharmacy chain has died, according to published reports.

March 24, 2011
Fred's sees positive numbers for Q4, full year

Net income for Fred's jumped 49% during the fourth quarter to $8.6 million, or 22 cents per diluted share, compared with the year-ago period.

March 24, 2011
Got OTC?

The Consumer Healthcare Products Association may not be painting pink Pepto-Bismol mustaches on a group of Hollywood celebrities and professional athletes as part of the new campaign it plans to fully unveil in June, but the goal is more or less the same as the “Got Milk?” ads.

“Got milk?” has become ubiquitous. There is 100% clarity of message. The milk mustache says it all: Milk is an essential food and an integral part of a healthy diet; it HAS TO BE in your refrigerator, on your breakfast table and in your lunch box.

March 24, 2011
NewsBytes on WAG's community Rx conference, ABC CEO's retirement, CHPA's new chair and more

DEERFIELD, Ill. — Walgreens in March expanded Joseph Magnacca’s role. As president of daily living products and solutions, Magnacca — the former Shoppers Drug Mart vet who as chief merchant of Duane Reade proved instrumental in the reinvention of the New York drug store chain — will oversee Walgreens’ marketing and merchandising operations, led by chief marketing officer Kim Feil and chief merchandising officer Bryan Pugh, but will report directly to president and CEO Greg Wasson.

March 24, 2011
Walgreens boosts online presence with Drugstore.com acquisition

Shortly after posting record second-quarter sales on Tuesday, Walgreens announced that it would "accelerate its online strategy" by acquiring e-retailer Drugstore.com for about $429 million, subject to customary conditions.

March 22, 2011
Walgreens posts monster Q2 gains

With record second-quarter sales and earnings under its belt, a grasp on 20.1% of the retail prescription drug market and a sharpened focus on core assets, Walgreens' executives expressed optimism on future growth — despite such external challenges as a soft economy and continued pressure on Medicaid reimbursement — and reiterated the company's focus on core strategies.

March 18, 2011
Tops scores with NuVal

Tops Markets shoppers should expect to see something new on store shelves.

March 15, 2011
NACDS announces guest speakers for annual meeting

This year's National Association of Chain Drug Stores Annual Meeting will feature a lineup of speakers ranging from political leaders and policy experts to best-selling authors and culinary connoisseurs. This year's meeting will run from April 30 to May 3 in Scottsdale, Ariz.

March 15, 2011
SXC's CEO named chairman of the board

Pharmacy benefit manager SXC Health Solutions has appointed president and CEO Mark Thierer as chairman of the board, the company said.

March 14, 2011
AARP/Walgreens Wellness Tour rides again

Beginning in mid-March, the AARP/Walgreens Wellness Tour will embark on another 10-month tour to provide an expected $14 million worth of free health tests.

March 14, 2011
CHPA taps Paul Sturman as new board chairman

Members of the Consumer Healthcare Products Association last week elected Paul Sturman, president and general manager of Pfizer Consumer Healthcare, to chair the association’s board, the association announced Monday.

March 10, 2011
CRN participates in DSN's Pharmacist Society

The Council for Responsible Nutrition announced a partnership with Drug Store News to provide content about the dietary supplement industry to thousands of pharmacists participating in the media company’s new professional networking website.

March 10, 2011
Delhaize emphasizes private-brand implementation

Delhaize America is emphasizing its private-brand assortments, the supermarket conglomerate reported in its earnings release.

March 9, 2011
NACDS resumes ad campaign promoting role of pharmacy

The National Association of Chain Drug Stores has resumed its paid advertising campaign promoting the role of pharmacy in the healthcare delivery system.

March 9, 2011
P&G's Christopher de Lapuente heads to Sephora

The president of Procter & Gamble's global hair care business is taking on a new role at Sephora.

March 9, 2011
Prestige preparing big pediatric cough-cold splash

You can expect to see quite a bit of co-promotional activity between PediaCare and Little Remedies in the 2011-2012 cough-cold season, Prestige Brands president and CEO Matthew Mannelly told investors Wednesday morning at the Bank of America Merrill Lynch 2011 Consumer Conference held here.

March 9, 2011
Walgreens says farewell to PBM business

Walgreens on Wednesday sold its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions in a cash transaction for $525 million, subject to certain adjustments. The transaction is structured as an acquisition of all of the capital stock of WHI.

March 4, 2011
Prestige appoints new VP operations

Prestige Brands on Friday named Paul Hennessey VP operations.

March 3, 2011
PCMA leader honored by GPhA

The head of a group representing the nation's pharmacy benefit managers got honors from the Generic Pharmaceutical Association.

March 1, 2011
Merlo officially takes helm at CVS

As previously announced and widely reported, March 1 marks the day that Larry Merlo officially assumes the role of CEO of CVS Caremark.

March 1, 2011
StarKist appoints new CEO

A new leader has been named for a maker of shelf-stable seafood products.

February 25, 2011
Sticking with what works

Walmart is convinced its sales woes can be solved by a renewed emphasis on everyday low prices and breadth of assortment. As Walmart looks to execute those strategies, the health-and-wellness category will continue to be impacted as it is a key area where favorable trends exist and it is easier to demonstrate price separation.

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