{"id":341,"date":"2011-08-03T13:41:00","date_gmt":"2011-08-03T17:41:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2011\/08\/drug-store-and-hbc-chains-industry-updates-3\/"},"modified":"2011-08-03T13:41:00","modified_gmt":"2011-08-03T17:41:00","slug":"drug-store-and-hbc-chains-industry-updates-3","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2011\/08\/drug-store-and-hbc-chains-industry-updates-3\/","title":{"rendered":"Drug Store and HBC Chains Industry Updates"},"content":{"rendered":"
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Personnel Updates:<\/u><\/b><\/span><\/span><\/div>\n

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Walgreens\u00a0<\/span><\/b><\/span>named Steve Pemberton the company\u2019s divisional VP of diversity and inclusion, becoming the company\u2019s first chief diversity officer.<\/p>\n

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Ahold<\/b><\/span>\u00a0<\/span><\/span>has appointed Raymond McCall SVP Pharmacy and Health and Beauty Care for its\u00a0<\/span>U.S.<\/st1:place><\/st1:country-region><\/span><\/st1:place><\/st1:country-region>\u00a0<\/span>operations.<\/p>\n

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McKesson\u2019s Health Mart <\/b>division\u00a0<\/span><\/span>announced that Tim Canning, President is leaving the company to take the position of SVP and Chief Marketing Officer at Omnicare.<\/span><\/o:p><\/span><\/span><\/div>\n

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Navarro Discount Pharmacy<\/b>\u00a0<\/span><\/span>has named finance executive Juan Ortiz the company’s CFO, to the position of CEO.\u00a0<\/span>Current CEO Steve Kaczynski will remain as a consultant through the end of the year, continuing the work he started on the company’s new marketing and merchandising strategies<\/span><\/o:p><\/span><\/span><\/div>\n

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Rite Aid Corporation<\/b><\/span>\u00a0<\/span><\/span>will appoint Brian Fiala Exec VP of Human Resources and Robert K. Thompson Exec VP of Store Operations, succeeding Fiala. Bill Romine was promoted to SVP – Western Division, succeeding Mr. Thompson.<\/p>\n

<\/span><\/span>Rite Aid<\/b>\u00a0<\/span><\/span>has appointed David Kelly as group VP construction.<\/span><\/span><\/o:p><\/span><\/span><\/div>\n

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Industry Insight<\/u><\/b><\/span><\/o:p><\/span><\/span><\/div>\n

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CVS\/pharmacy<\/span>\u00a0<\/span><\/span><\/b>announced the introduction of the “Beauty Board,” a panel of beauty and style experts who will provide interactive content and advice for the CVS Beauty Club Facebook Page. The ExtraCare Beauty Club, which launched in January 2011, is an extension of the CVS\/pharmacy ExtraCare Rewards Program and provides members with additional rewards on beauty purchases and other beauty-specific benefits.<\/span><\/o:p><\/span><\/span><\/div>\n

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MinuteClinic<\/b><\/span>\u00a0<\/span><\/span>and\u00a0<\/span>Cleveland Clinic Florida<\/st1:place><\/st1:state><\/b>\u00a0<\/span>have entered into a clinical affiliation to enhance the high quality, affordable health care services they provide. MinuteClinic and Cleveland Clinic currently collaborate in 10 locations in northeast OH. Under the agreement Cleveland Clinic\u00a0<\/span>Florida<\/st1:state><\/span><\/st1:state>\u00a0<\/span>family physicians will serve as medical directors for 12 MinuteClinic walk-in medical clinics inside select CVS\/pharmacy stores from\u00a0<\/span>Palm Beach<\/st1:city><\/st1:place><\/st1:place><\/st1:city>\u00a0<\/span>to Broward counties.<\/o:p><\/span><\/span><\/div>\n

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Publix Super Markets<\/b><\/span>\u00a0<\/span><\/span>is closing its network of 40 Little Clinic in-store clinics, staffed by nurse practitioners. The chain is terminating a deal with Solera Capital to “focus on its core food and pharmacy” businesses, the company said. Publix has “not decided how to use the space,” a spokeswoman said.

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Walgreens<\/b><\/span>\u00a0<\/span><\/span>and Take Care Health Systems<\/b> have entered into a relationship with Core Performance to offer Core Performance corporate wellness services to Take Care Health Systems employer clients and to work jointly on innovation across the spectrum of employee health and wellness. Take Care Health Systems is the nation\u2019s largest manager of employer health, pharmacy and fitness centers with nearly 400 locations throughout the\u00a0<\/span>United States<\/st1:place><\/st1:country-region><\/st1:place><\/st1:country-region><\/span><\/o:p><\/span><\/span><\/div>\n

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Financial Focus:<\/u><\/b><\/span><\/o:p><\/span><\/span><\/div>\n

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Walgreen Co.<\/b>\u00a0<\/span><\/span>increased the quarterly dividend 28.6 percent \u2013 the largest quarterly dividend increase in the company\u2019s 110-year history \u2013 to 22.5 cents per share from the previous rate of 17.5 cents per share.<\/span><\/o:p><\/span><\/span><\/div>\n

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Sport Clips\u00a0<\/span><\/b><\/span>announced sales of over $1.0 billion for its most recent fiscal year and\u00a0<\/span>plans to open 120 stores.\u00a0<\/span>\u00a0The growing chain of sports-themed men\u2019s barbershops operates more than 780 stores in 38 states. The company reached the billion dollar net sales milestone June 2011.\u00a0<\/span><\/o:p><\/span><\/div>\n

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Mergers and Acquisitions:<\/u><\/b>

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Walgreens<\/span>\u00a0<\/span><\/span>has acquired the 10-site retail pharmacy chain\u00a0<\/span>Carle Foundation, a pharmacy operator out of the Urbana-Champaign, Illinois area with the majority of stores located inside medical office buildings.<\/span><\/o:p><\/span><\/div>\n

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Real Estate<\/span>:<\/span><\/u><\/b><\/o:p><\/span><\/div>\n

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Duane Reade<\/b><\/span>\u00a0<\/span><\/span>announced that a new 22,000-square-foot\u00a0<\/span>Duane Reade\u00a0<\/span>flagship store, one of the drugstore chain’s most innovative locations to date, opened in July. The new 24-hour store will have a decided “up market” focus, from its health care, food and beauty offerings to exclusive services and amenities never before seen in a Duane Reade or any other drugstore.\u00a0<\/span><\/o:p><\/span><\/div>\n

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Green Initiatives<\/span>:<\/span><\/u><\/b><\/o:p><\/span><\/div>\n

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CVS Caremark<\/b><\/span>\u00a0<\/span><\/span>released its 2010 Corporate Social Responsibility Report, which provided an overview of the its commitments to environmental stewardship, improving patient health outcomes, ensuring its continued status as an employer of choice, and positively impacting people\u2019s lives through its social investments.<\/span><\/o:p><\/span><\/div>\n
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Personnel Updates: Walgreens\u00a0named Steve Pemberton the company\u2019s divisional VP of diversity and inclusion, becoming the company\u2019s first chief diversity officer. Ahold\u00a0has appointed Raymond McCall SVP Pharmacy and Health and Beauty Care for its\u00a0U.S.\u00a0operations. McKesson\u2019s Health Mart division\u00a0announced that Tim Canning, President is leaving the company to take the position of SVP and Chief Marketing Officer… Continue reading Drug Store and HBC Chains Industry Updates<\/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-341","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\/341","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=341"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/341\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}