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Inside This Issue - News
The announcement, made late last month, that Jürgen Schreiber was resigning from his position as president and chief executive officer of Shoppers Drug Mart (SDM) caught his colleagues, the pharmacy sector and the financial community by surprise. CVS Caremark Corp. has moved up Larry Merlo’s succession to chief executive officer to March 1. The centrality of pharmacists and pharmacies to the health and wellness of Americans — regardless of what happens with health care reform — will be highlighted in March at the third annual NACDS RxImpact Day on Capitol Hill. As it moves deeper into its second century in business, Walgreen Co. will become less of a retail drug store and more of a health and daily living store, chief executive officer Greg Wasson said at the company’s annual shareholders meeting here. Duncan Mac Naughton has been promoted to chief merchandising officer for Walmart’s U.S. stores. Congress and the courts, like the American public, remain divided on the health care reform law. Drugstore.com is looking to turn its Facebook fans into shoppers. Navarro Discount Pharmacy plans to add as many as 20 stores over the next three years as the drug chain expands beyond Florida's Miami-Dade County. Kinney Drugs has scheduled medicine collection days this month and in March. Members of Rite Aid Corp.’s wellness+ program can earn a “$20 +UP Reward” and be automatically entered into a sweepstakes featuring over $100,000 in prizes as part of the retailer’s Winter Rewards program. The National Association of Chain Drug Stores has launched NACDS Mobile, a mobile web site that serves as a “guide on the go” to the organization’s meetings, advocacy and public relations. Walgreen Co. has promoted several executives and created a new position in its upper management ranks. With a growing number of the industry’s largest drug chains putting more emphasis on food, last month’s announcement by Walmart that it will reduce salt and sugar in its processed products in the next five years and lower the price of its fruit and vegetables is likely to be a game changer. Pharmaca Integrative Pharmacy has become this city’s only pharmacy using solar power. It is well known that the home health care category is poised for substantial growth over the next few decades. For years industry professionals have been pointing to the unprecedented number of Americans about to enter older adulthood.
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