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Martin Otto

NACDS looks at role of pharmacy in health care

NACDS looks at role of pharmacy in health care

PALM BEACH, Fla. — Pharmacy is pivotal to the national reckoning about health care, and the National Association of Chain Drug Stores is highlighting its place by advancing a pro-pharmacy and pro-patient agenda. That was the message of industry leaders at the NACDS Regional Chain Conference, with pharmacy-based answers to national uncertainties emerging as a

Regional drug chains display prowess as innovators

Regional drug chains display prowess as innovators

Although sometimes overlooked amid the swirl of activity surrounding the largest players in retail pharmacy, regional drug chains remain an integral part of the industry. The assets and aspirations of those companies — defined as operating between four and 250 stores — along with the challenges they face, were on display at the National Association

Pharmacy prepares for new paths in health care

Pharmacy prepares for new paths in health care

PALM BEACH, Fla. — As the nation reassesses its health care system under a new presidential administration, the integral role of pharmacy cannot be overlooked, National Association of Chain Drug Stores leaders said at the NACDS Regional Chain Conference here. “This meeting and the topics addressed in the coming days could not be timelier with

2017 Retail Forecast: Times Are A Changin’

2017 Retail Forecast: Times Are A Changin’

“The times they are a changin’,” Nobel laureate Bob Dylan sang in 1964. It’s as true now as it was 53 years ago, especially for the chain drug industry. With the incoming administration of Donald Trump, all bets are off with health care. The Affordable Care Act appears set for demise, but no one in

Scenes from NACDS Board Of Directors dinner

Scenes from NACDS Board Of Directors dinner

One highlights of the recent NACDS Week in New York was the National Association of Chain Drug Stores’ Board of Directors dinner. The event brought together executives from the retailers that comprise the association’s membership, along with their counterparts from supplier companies. The NACDS Board of Directors dinner was hosted by NACDS chairman Martin Otto,

Value of NACDS evident as new era dawns

Value of NACDS evident as new era dawns

At the start of the month the National Association of Chain Drug Stores concluded a series of successful events in the nation’s economic and cultural capital. The much anticipated annual gathering, known as NACDS Week in New York, brings together leaders from the diverse constituents that comprise the chain pharmacy industry to take stock as

At TSE, Otto calls on industry to help take the lead

At TSE, Otto calls on industry to help take the lead

BOSTON — Pharmacy-based health care can help the U.S. meet an array of socioeconomic challenges, Martin Otto, chief merchant and chief financial officer of H-E-B, said at the National Association of Chain Drug Stores Total Store Expo. Otto, who is also chairman of NACDS, said that access to pharmacy patient care can help reverse increases

NACDS continues to extend its vision, reach

NACDS continues to extend its vision, reach

The NACDS Total Store Expo in Boston last month has several claims to distinction. In its fourth year, the event — which brings together aspects of the industry that the association previously addressed in three separate shows — hit its stride in terms of fostering interaction between retailers and suppliers, with the Meet the Market

Up close with Total Store Expo attendees

Up close with Total Store Expo attendees

The 2016 NACDS Total Store Expo in Boston drew some 5,500 participants and 735 exhibitors, and the annual event “makes a real positive difference in terms of our businesses’ ability to serve our customers,” according to National Association of Chain Drug Stores chairman Martin Otto. “What we are accomplishing together can ultimately make a tremendous

‘We need end-to-end thinking about health care’

‘We need end-to-end thinking about health care’

BOSTON — National Association of Chain Drug Stores leaders told retailers and suppliers at the 2016 NACDS Total Store Expo that they’re well-positioned to help the nation meet challenges in health care. During the business program on Sunday, NACDS chairman Martin Otto explained that the collaboration already exercised by NACDS business partners in health and

NACDS works to be part of the solution

NACDS works to be part of the solution

PALM BEACH, Fla. — The U.S. health care system is not functioning in a sustainable way, new National Association of Chain Drug Stores chairman Martin Otto said at the organization’s Annual Meeting here last month. Costs are too high and are rising fast, while outcomes are disappointing. “There are a number of structural issues in

New NACDS board members, officers assume roles

PALM BEACH, Fla. — Alex Gourlay, executive vice president of Walgreens Boots Alliance Inc. and president of Walgreens, was elected vice chairman of the National Association of Chain Drug Stores at its Annual Meeting. Mark Panzer, senior VP of pharmacy, health and wellness at Albertsons, was elected treasurer. Gourlay and Panzer will serve a one-year

Bayer’s Hayes wins Begley award

PALM BEACH, Fla. — Former president of Bayer Consumer Health Tim Hayes received the Robert B. Begley Award at the National Association of Chain Drug Stores Annual Meeting that was held here last month. The award is the highest honor within the chain pharmacy ­industry. Throughout his career, Hayes has held positions of increasing responsibility

Final day highlights: 2016 NACDS Annual Meeting

Final day highlights: 2016 NACDS Annual Meeting

The National Association of Chain Drug Stores wrapped up the 2016 NACDS Annual Meeting yesterday with H-E-B’s Martin Otto giving his first remarks as the new NACDS chairman. Speaking during the morning Business Program on Tuesday, Otto reinforced key NACDS priorities, including creating a “retailer-supplier marketplace,” advocating on behalf of the retail pharmacy industry, and