{"id":318,"date":"2011-09-15T15:37:00","date_gmt":"2011-09-15T19:37:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2011\/09\/drug-store-and-hbc-chains-industry-updates-september\/"},"modified":"2011-09-15T15:37:00","modified_gmt":"2011-09-15T19:37:00","slug":"drug-store-and-hbc-chains-industry-updates-september","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/09\/drug-store-and-hbc-chains-industry-updates-september\/","title":{"rendered":"Drug Store and HBC Chains Industry Updates | September"},"content":{"rendered":"
<\/p>\n
Personnel Updates:<\/o:p><\/span><\/b><\/div>\n
CVS Caremark<\/span><\/b> has appointed Mark S. Cosby as President of CVS\/pharmacy, effective 10-1-2011.\u00a0 Cosby succeeds Larry Merlo, who led the company\u2019s retail business prior to taking over as CEO of CVS Caremark in March. As president, Cosby will have responsibility for all aspects of the company\u2019s retail business, including its more than 7,200 retail stores, 19 distribution centers and e-commerce site, as well as retail merchandising, supply chain, marketing, real estate, front store and pharmacy operations.<\/o:p><\/span><\/div>\n
<\/div>\n
H. D. Smith<\/span><\/b><\/span> appointed David Guzm\u00e1n as CIO.\u00a0 H. D. Smith also named Ed Bissler corporate VP Sales. Bissler comes to H. D. Smith from McKesson, where he most recently directed the strategic sales and service functions for many of that company\u2019s national accounts. <\/span><\/span><\/o:p><\/span><\/div>\n
<\/div>\n
Walgreens<\/span><\/b><\/span> named Thomas Sabatino Jr. Exec VP, General Counsel and Corporate Secretary, effective 9-12-2011. <\/span><\/span><\/o:p><\/span><\/b><\/div>\n
<\/div>\n
Financial Focus:<\/o:p><\/span><\/b><\/div>\n
Regis Corporation <\/span><\/b>announced total sales of $2.325 billion for fiscal year ending 6\/30\/2011. <\/o:p><\/span><\/div>\n
<\/div>\n
Mergers and Acquisitions:<\/o:p><\/span><\/b><\/div>\n
WOOSTER<\/span><\/st1:city>, Ohio<\/st1:state>\u2014 Buehler\u2019s Food Market<\/b>, a 13-store chain here, is in the final phase of selling its 11 pharmacies to independent Ritzman Pharmacies in Wadsworth<\/st1:city>, Ohio<\/st1:state><\/st1:place>.<\/o:p><\/span><\/div>\n
<\/div>\n
Industry Insight:<\/o:p><\/span><\/b><\/div>\n
Assured Pharmacy<\/span><\/b><\/span>has signed a lease for its fifth pharmacy, which will be located in Kansas City<\/st1:city><\/st1:place>.<\/span><\/span><\/o:p><\/span><\/b><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Personnel Updates: CVS Caremark has appointed Mark S. Cosby as President of CVS\/pharmacy, effective 10-1-2011.\u00a0 Cosby succeeds Larry Merlo, who led the company\u2019s retail business prior to taking over as CEO of CVS Caremark in March. As president, Cosby will have responsibility for all aspects of the company\u2019s retail business, including its more than 7,200… Continue reading Drug Store and HBC Chains Industry Updates | September<\/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-318","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\/318","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=318"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/318\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}