ECRM_1170x120

Walgreens Boots Alliance

WBA reportedly ups ante for Rite Aid deal approval

WBA reportedly ups ante for Rite Aid deal approval

The latest scuttlebutt on the Walgreens-Rite Aid merger: Walgreens Boots Alliance looks to be divesting even more stores and other assets to Fred’s. Citing anonymous sources, Bloomberg reported Tuesday that WBA is “nearing an agreement” to raise the number of stores to sell to Fred’s as well as include distribution centers, software and staff. No

Walgreens appoints Turner as chief information officer

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has promoted Steve Turner to vice president and chief information officer at Walgreens, effective April 1. He succeeds outgoing CIO Abhi Dhar, with whom he is working closely to transition ­responsibilities. Dhar is leaving to serve as cofounder and chief executive officer of a digital start-up based

New report charts extent of WBA’s efforts in CSR

WASHINGTON — There was a time not all that many years ago when corporate social responsibility (CSR) was viewed by most companies as a second- or third-tier priority, something good to do but not a central part of the business model. That thinking has changed radically in recent years, with CSR taking its rightful place

Walgreens names chief merchant, marketer

Walgreens names chief merchant, marketer

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has appointed Joseph Hartsig as chief merchandising officer and Adam Holyk as chief marketing officer for Walgreens. WBA said Friday that Hartsig and Holyk will start in their new positions on April 1. Both executives will report to WBA co-chief operating officer Alex Gourlay and join the Walgreens

Fred’s revamps its board of directors

Fred’s revamps its board of directors

MEMPHIS, Tenn. — Fred’s Inc. has overhauled its board of directors, including the appointment of chief executive officer Michael Bloom and retail industry veterans Christopher Bodine and Peter Bocian as members. Fred’s said Tuesday that Bloom, Bodine and Bocian join the board effective immediately. Former Fred’s CEOs Jerry Shore and Michael Hayes and longtime director

Walgreens tabs Steve Turner as CIO

Walgreens tabs Steve Turner as CIO

DEERFIELD, Ill. — Walgreens Boots Alliance has promoted Steve Turner to vice president and chief information officer at Walgreens. Turner, currently vice president for service delivery and infrastructure for Walgreens, is slated to start in the new post effective April 1, according to Walgreens. He succeeds outgoing CIO Abhi Dhar, with whom he is working closely

Retail CEOs talk with Trump

Retail CEOs talk with Trump

WASHINGTON — A group of retail executives, including Walgreens Boots Alliance executive chairman and chief executive officer Stefano Pessina, met with President Donald Trump earlier this month to discuss issues related to imports and changes to the tax code. The meeting was a scheduled event with the Retail Industry Leaders Association (RILA). “The retail industry

WBA, Rite Aid amend terms of merger deal

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have extended the end date for their merger by six months, and have indicated a willingness to sell up to 1,200 Rite Aid stores to win Federal Trade Commission approval for the deal. Originally WBA said it was willing to divest up to

Dedicated team at WPP to help craft WBA message

DEERFIELD, Ill. — Walgreens Boots Alliance has selected a dedicated agency team at WPP, the world’s largest marketing and advertising agency, to handle its global marketing and communications ­account. The drug store operator will work with Team WBA, a bespoke team of WPP agencies assigned to handle the retailer’s traditional and digital advertising, media buying

Fate of WBA-Rite Aid deal hangs in balance

Fate of WBA-Rite Aid deal hangs in balance

The major question in mass retailing this year, as the industry concludes the second month of 2017, is when — and indeed whether — Walgreens Boots Alliance’s acquisition of Rite Aid will be fruitfully concluded. As anyone who really cares knows by now the deadline for finalizing the Walgreens-Rite Aid merger has been extended to

Walgreens chief merchant Linda Filler to depart

Walgreens chief merchant Linda Filler to depart

DEERFIELD, Ill. — Walgreens chief merchant Linda Filler is leaving the drug chain effective April 1. A Walgreens Boots Alliance (WBA) spokesman on Wednesday confirmed the departure of Filler, who holds the titles of president of retail products as well as chief merchandising and marketing officer. “We appreciate Linda’s contributions to our company. Under her

President Donald Trump meets with retail CEOs

President Donald Trump meets with retail CEOs

WASHINGTON — Promoting his economic platform with business leaders, President Donald Trump today met with top retail executives at the White House. Focusing on Trump’s plank of job creation, simplification of the tax code and reduced regulatory red tape, the Wednesday morning meeting was a scheduled event with the Retail Industry Leaders Association (RILA). The

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