{"id":208,"date":"2012-03-15T16:04:00","date_gmt":"2012-03-15T20:04:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2012\/03\/drug-store-industry-eupdates\/"},"modified":"2012-03-15T16:04:00","modified_gmt":"2012-03-15T20:04:00","slug":"drug-store-industry-eupdates","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/03\/drug-store-industry-eupdates\/","title":{"rendered":"Drug Store Industry eUpdates"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\">\n<div><span style=\"font-size: 19px;\"><b><i><u><br \/><\/u><\/i><\/b><\/span><\/div>\n<div><b><u><span style=\"font-size: 11pt;\">Personnel Updates<\/span><\/u><\/b><b><span style=\"font-size: 11pt;\">:<o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">AmerisourceBergen <\/span><\/b><span style=\"font-size: 11pt;\">on Monday announced that Michael\u00a0DiCandilo, the company&#8217;s EVP and CFO, has left the company to pursue other interests, effective immediately. Also effective immediately, Tim Guttman, ABC&#8217;s VP and corporate controller since 2002, will serve as acting CFO. AmerisourceBergen has engaged an executive search firm to manage the recruitment of a new CFO.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><span><b><span style=\"font-size: 11pt;\">Ulta<\/span><\/b><\/span><span><span style=\"font-size: 11pt;\"> has announced that it is implementing a CFO succession plan after Gregg Bodnar, the company\u2019s CFO and assistant secretary, informed the company that he will be stepping down from his current position.<\/span><\/span><b><span style=\"font-size: 11pt;\"><o:p><\/o:p><\/span><\/b><\/div>\n<div><span style=\"font-size: xx-small;\"><b><br \/><\/b><\/span><\/div>\n<div><b><u><span style=\"font-size: 11pt;\">Financial Focus<\/span><\/u><\/b><b><span style=\"font-size: 11pt;\">:<o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">BioScrip Inc. <\/span><\/b><span style=\"font-size: 11pt;\">reported fiscal 2011 sales of $1.818 billion. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Life Time Fitness <\/span><\/b><span style=\"font-size: 11pt;\">reported fiscal 2011 sales of $1.01 billion. <o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Town Sports International <\/span><\/b><span style=\"font-size: 11pt;\">reported fiscal 2011 sales of $466.9 billion. <o:p><\/o:p><\/span><\/div>\n<div><span style=\"font-size: xx-small;\"><b><u><br \/><\/u><\/b><\/span><\/div>\n<div><b><u><span style=\"font-size: 11pt;\">Industry Insight<\/span><\/u><\/b><b><span style=\"font-size: 11pt;\">:<o:p><\/o:p><\/span><\/b><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Regis Corp. <\/span><\/b><span style=\"font-size: 11pt;\">will eliminate half of its 50 brands and close no more than 10% of its 7,500+ company-owned stores across <st1:place w:st=\"on\">North America<\/st1:place>.<o:p><\/o:p><\/span><\/div>\n<p><span><b><span style=\"font-size: 11.0pt;\">Publix Super Markets, Inc.<\/span><\/b><\/span><span><span style=\"font-size: 11.0pt;\"> is collaborating with <st1:city w:st=\"on\">Tampa<\/st1:city>, <st1:state w:st=\"on\">FL<\/st1:state>&#8216;s <st1:place w:st=\"on\"><st1:placename w:st=\"on\">Moffitt<\/st1:placename> <st1:placename w:st=\"on\">Cancer<\/st1:placename> <st1:placetype w:st=\"on\">Center<\/st1:placetype><\/st1:place>to provide an expanded access full service retail pharmacy opening July 2. Currently, Moffitt&#8217;s retail pharmacy offers specialized convenience to patients treated at Moffitt on an outpatient basis, Moffitt employees and their dependents and other cancer center visitors.<\/span><\/span>  <\/p>\n<div><span style=\"font-size: xx-small;\"><b><br \/><\/b><\/span><\/div>\n<div><b><u><span style=\"font-size: 11pt;\">Real Estate<\/span><\/u><\/b><b><span style=\"font-size: 11pt;\">:<o:p><\/o:p><\/span><\/b><\/div>\n<div><b><span style=\"font-size: 11pt;\"><br \/><\/span><\/b><\/div>\n<p><span><b><span style=\"font-size: 11.0pt;\">Walgreens<\/span><\/b><\/span><span><span style=\"font-size: 11.0pt;\"> will open a 24,000-sq. ft. flagship store in <st1:city w:st=\"on\">Boston<\/st1:city> modeled after recently opened locations in <st1:city w:st=\"on\">New York City<\/st1:city> and <st1:place w:st=\"on\"><st1:city w:st=\"on\">Chicago<\/st1:city><\/st1:place>. <\/span><\/span><span style=\"font-size: 11.0pt;\"><o:p><\/o:p><\/span>  <\/p>\n<div><span style=\"font-size: xx-small;\"><b><u><br \/><\/u><\/b><\/span><\/div>\n<p><\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Personnel Updates: AmerisourceBergen on Monday announced that Michael\u00a0DiCandilo, the company&#8217;s EVP and CFO, has left the company to pursue other interests, effective immediately. Also effective immediately, Tim Guttman, ABC&#8217;s VP and corporate controller since 2002, will serve as acting CFO. AmerisourceBergen has engaged an executive search firm to manage the recruitment of a new CFO.&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/03\/drug-store-industry-eupdates\/\">Continue reading <span class=\"screen-reader-text\">Drug Store Industry eUpdates<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[6,11],"class_list":["post-208","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\/208","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=208"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}