{"id":18190,"date":"2012-07-16T17:15:00","date_gmt":"2012-07-16T21:15:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2012\/07\/drug-store-hbc-chain-industry-updates\/"},"modified":"2012-07-16T17:15:00","modified_gmt":"2012-07-16T21:15:00","slug":"drug-store-hbc-chain-industry-updates-3","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/07\/drug-store-hbc-chain-industry-updates-3\/","title":{"rendered":"Drug Store &#038; HBC Chain Industry Updates"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\"><\/p>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\" rel=\"nofollow\">Personnel Updates<\/a><\/span><\/b><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">:<\/a><o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span lang=\"EN\" style=\"color: #333333; font-family: Arial, sans-serif; font-size: 11pt;\">CVS Caremark<\/span><\/b><span lang=\"EN\" style=\"color: #333333; font-family: Arial, sans-serif; font-size: 11pt;\">has named Stephen Gold as CIO.<\/span><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div style=\"background: white; margin-bottom: 12.0pt;\"><b><span lang=\"EN\" style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Kerr Drug<\/span><\/b><span lang=\"EN\" style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> has promoted Mark Gregory to Senior VP Store Operations, effectively immediately, the regional retail pharmacy chain said Monday. Gregory, who was previously VP Pharmacy and Government Affairs, will report directly to president and CEO Anthony Civello. He also is the company&#8217;s privacy officer and chairman of its political action committee.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">Financial Focus<\/a><\/span><\/b><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">:<\/a><o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Regis Corporation <\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">reported fiscal 2011 sales of $2.273 billion. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">Industry Insight<\/a><\/span><\/b><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">:<\/a><o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div style=\"margin-bottom: 12.0pt;\"><span><b><span style=\"font-size: 11pt;\">Duane Reade<\/span><\/b><\/span><span><span style=\"font-size: 11pt;\"> is expanding its footprint in New York with a second distinct location in the historic American Surety building of the city\u2019s Financial District.<\/span><\/span><span style=\"font-size: 11pt;\"> <o:p><\/o:p><\/span><\/div>\n<p><span><span style=\"font-size: 11pt;\">A proposed flagship <b>Walgreens<\/b> store will open in Philadelphia. The three-story, 26,000-sq. ft. space will feature takeout salads, sushi, and a wellness center with a physician, nail salon and possibly a hair salon. Walgreens hopes to open the store fall 2012.<\/span><\/span><br \/><span><span style=\"font-size: 9pt;\"><br \/><\/span><\/span><span><b><span style=\"font-size: 11pt;\">Bartell<\/span><\/b><\/span><span><span style=\"font-size: 11pt;\"> opened its &#8220;next generation&#8221; store in Edmonds, WA on June 16. The store features &#8220;more product offerings, bright new displays, decor accents and other improvements designed to enhance the total shopping experience.&#8221;<\/span><\/span><span><span style=\"font-size: 9pt;\"> <\/span><\/span><span style=\"font-family: Arial, sans-serif; font-size: 9pt;\"><o:p><\/o:p><\/span><\/p>\n<div style=\"margin-bottom: 12.0pt;\"><span><b><span style=\"font-size: 11pt;\">Pharmaca Integrative Pharmacy<\/span><\/b><\/span><span><span style=\"font-size: 11pt;\"> unveiled its new Natural Beauty Bar department concept at its Pacific Palisades location.<\/span><\/span><span style=\"font-size: 11pt;\"><o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">Mergers and Acquisitions<\/a><\/span><\/b><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"><a href=\"http:\/\/www.chainstoreguide.com\/c-84-drug-market-share.aspx\">:<\/a><o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">LA Fitness<\/span><\/b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\"> <b>and Lifestyle Family Fitness<\/b> have completed their transaction relating to LA Fitness\u2019 purchase of the assets\u00a0of 32 of the 33 Lifestyle Family Fitness clubs in Florida. The parties hope to come to terms on the final club, located at\u00a01510 West Swann Avenue in Tampa, in the near future.\u00a0<span style=\"color: #292727;\"><o:p><\/o:p><\/span><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"color: #292727; font-family: Arial, sans-serif; font-size: 11pt;\">Walgreen Co.<\/span><\/b><span style=\"color: #292727; font-family: Arial, sans-serif; font-size: 11pt;\"> is acquiring regional drugstore chain <b>USA Drug<\/b> for $438. Walgreen will buy stock in the holding company, which owns most of the businesses being acquired in the deal. Walgreen said it expects the transaction to close around September 1<sup>st<\/sup>, 2012. The acquired drugstores will operate under their current brand names &#8220;in the near term&#8221; after the deal closes. Walgreen said that &#8220;decisions will be made over time&#8221; about how to &#8220;harmonize&#8221; the brands.<\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">Green Initiatives<\/span><\/b><b><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">:<o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><span style=\"font-family: Arial, sans-serif; font-size: 11pt;\">At 80% of its stores, <b>Walgreen<\/b>switched to linear fluorescent fixtures that are more energy efficient and lamps that make displays appear more vivid.\u00a0<\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Personnel Updates: CVS Caremarkhas named Stephen Gold as CIO. Kerr Drug has promoted Mark Gregory to Senior VP Store Operations, effectively immediately, the regional retail pharmacy chain said Monday. Gregory, who was previously VP Pharmacy and Government Affairs, will report directly to president and CEO Anthony Civello. He also is the company&#8217;s privacy officer and&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/07\/drug-store-hbc-chain-industry-updates-3\/\">Continue reading <span class=\"screen-reader-text\">Drug Store &#038; HBC Chain Industry Updates<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[6,11],"class_list":["post-18190","post","type-post","status-publish","format-standard","hentry","category-drug-hbc","tag-csg-old","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/18190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=18190"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/18190\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=18190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=18190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=18190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}