ECRM_1170x120_4-15-17

Martin Otto

It’s a wrap: NACDS Annual Meeting final day recap

It’s a wrap: NACDS Annual Meeting final day recap

A new NACDS chairman was inaugurated on the final day of the 2017 NACDS Annual Meeting. Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance, took the gavel from outgoing chairman Martin Otto, chief merchant and chief financial officer at H-E-B, at the conference’s Tuesday morning Business Program. “I think my role, really, is to

Talking strategy at NACDS Annual Meeting

Talking strategy at NACDS Annual Meeting

Day two of the NACDS Annual Meeting featured the conference’s first Business Program, led by outgoing chairman Martin Otto of H-E-B and NACDS president and CEO Steve Anderson. Otto and Anderson discussed the think-tank approach to strategy that NACDS is embracing with its Future Value Targeting effort. “The Future Value Targeting initiative that Martin touched

NACDS elects new officers, board members

NACDS elects new officers, board members

SCOTTSDALE, Ariz. — The National Association of Chain Drug Stores announced new officers, a new executive committee member and two new board members for the 2017-18 term. NACDS said Monday that Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance, was elected chairman of the NACDS board of directors at the 2017 NACDS Annual Meeting

NACDS unveils Future Value Targeting initiative

NACDS unveils Future Value Targeting initiative

SCOTTSDALE, Ariz. — As part of its “constant reinvention,” the National Association of Chain Drug Stores announced its “Future Value Targeting” initiative at the 2017 NACDS Annual Meeting. During Sunday’s Business Program at the conference, the association’s leadership described the NACDS Future Value Targeting effort as a linchpin of new strategies to drive collaboration that

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