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Retail News Breaks Archives CVS Caremark Corp. said its MinuteClinic subsidiary has become the first retail clinic to be reaccredited and earn The Joint Commission's Gold Seal of Approval for consecutive evaluation periods by demonstrating compliance with the commission's national standards for health care quality and safety. Steve Jungmann has been hired as executive vice president of merchandising at food and drug retailer Supervalu Inc. The National Association of Chain Drug Stores has praised the Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) for designating January 10 to 16 as National Influenza Vaccination Week. CVS Caremark Corp. plans to move to a new electronic prescribing platform under an agreement with health information technology provider Allscripts. Walgreen Co. is now enabling pharmacy customers to download their prescription histories to a personal Microsoft HealthVault record. Duane Reade has broadened availability of H1N1 flu shots to 19 locations throughout New York City's boroughs. Former CVS Caremark Corp. executive David Rickard has been appointed to the board of directors at deep discount retailer Dollar General Corp. Bartell Drugs plans to discontinue filling Medicaid prescriptions at 15 of its 57 stores, citing recent reductions in compensation from Washington state. To hear Andy Giancamilli tell it, one of the surest avenues to success in business, as in life, is to be in the right place at the right time. Throughout the course of his 34-year career in community pharmacy and mass market retailing, the chief executive officer of Katz Group North America and current chairman of the National Association of Chain Drug Stores has often found himself in such circumstances and consistently capitalized on them. As the second decade of the 21st century gets under way, chain drug retailers across North America are being forced to grapple with a variety of issues critical to their future. Shoppers Drug Mart Corp. this week urged its stockholders to reject a mini-tender offer for just under 1% of the company's outstanding common shares. William Grize, former president and chief executive officer of The Stop & Shop Supermarket Co. and Ahold USA, died Tuesday night after a brief illness, according to the company. He was 63. Walgreen Co. has entered a long-term accounting services agreement with Genpact, a specialist in business process management. Navarro Discount Pharmacies has appointed Steve Kaczynski as its chief executive officer. In recognition of his leadership in a rapidly changing industry, the editors of Chain Drug Review have named Walgreen Co. senior vice president of pharmacy Kermit Crawford the Chain Drug Pharmacy Executive of the Year. Pointing to a modest flu season and less seasonal business, Walgreen Co. posted a 0.3% decline in same-store sales for December. CVS Caremark Corp. has expanded the availability of H1N1 flu vaccine to more than 220 stores throughout the California. In just over a year as chief merchandising officer of Duane Reade Inc., Joe Magnacca has put his stamp on the chain in a way equaled by few other retailers. In what it calls a first, Rite Aid Corp. has launched a shopper rewards initiative dubbed "Rite Aid The Game of Life" in which customers have the chance to win $5 million in prizes. Walgreen Co. said the H1N1 vaccine is now available daily at its more than 7,100 Walgreens pharmacies and 350 Take Care clinics nationwide. Rite Aid Corp. saw same-store sales decrease in December as overall revenue came up short of year-ago results. Recession, unemployment, family, weather, an extra shopping day, convenience, price points under $10 and inventory management all impacted the 2009 holiday selling season. These factors combined to provide America’s chain drug retailers with a Christmas selling season most have gladly accepted — and a handful truly enjoyed. The editors of Chain Drug Review have named Greg Wasson, president and chief executive officer of Walgreen Co., the publication’s 2009 Chain Drug Retailer of the Year.
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