Target appoints chief marketing officer

MINNEAPOLIS — Target Corp. has named Rick Gomez to the position of executive vice president and chief marketing officer. Gomez succeeds Jeff Jones, who left the company in September to join Uber Technologies Inc. In his new role, Gomez will be responsible for furthering Target’s brand positioning and leading the integration of all the retailer’s

Genoa expands via acquisition

TUKWILA, Wash. — Behavioral health pharmacy ­specialist Genoa has acquired Advanced Pharmacy Solutions (APS), which provides pharmacy services to more than 50 mental health clinics in the South. The deal will expand Genoa’s presence in Mississippi, Tennessee, Arkansas and South Carolina. Genoa, a QoL Healthcare company based here, provides pharmacy and telepsychiatry services through its

Duncan Mac Naughton to lead Family Dollar chain

CHESAPEAKE, Va. — Dollar Tree Inc. has tapped former Walmart executive Duncan Mac Naughton to serve as president and chief operating officer of its Family Dollar chain. Mac Naughton succeeds and will report to Gary Philbin, who has been promoted to a new role as enterprise president of Dollar Tree. Mac Naughton most recently served

CVS aims to become more lean and efficient

CVS aims to become more lean and efficient

WOONSOCKET, R.I. — CVS Health said it will eliminate about 600 corporate jobs over the next couple of months. The job cuts will be made primarily at CVS corporate offices in Rhode Island, Illinois and Arizona, the company said. In a statement, CVS Health indicated that the job reductions reflect fluctuations in the health care

Carmen Bauza exits Walmart to join HSN

ST. PETERSBURG, Fla. — Wal­mart health and wellness executive Carmen Bauza is leaving the company to join the television and online retailer HSN Inc. Bauza is slated to join HSN/Home Shopping Network as executive vice president and chief merchandising officer, effective November 28, the interactive multichannel retail company announced. In her new role, Bauza will

Retailers’ hopes rise as holiday season nears

Retailers’ hopes rise as holiday season nears

NEW YORK — Consumers are expected to increase their spending this holiday season, bolstered by an economy that is showing signs of strength. The National Retail Federation (NRF) expects sales in November and December (excluding cars, gasoline and restaurant sales) to increase 3.6% to $655.8 billion. That is significantly higher than the 10-year average of

Chain drug legend Cork Walgreen dies

Chain drug legend Cork Walgreen dies

DEERFIELD, Ill. — Charles (Cork) Walgreen III, who led Walgreen Co. for nearly three decades, died last month at age 80. Walgreen, whose grandfather, Charles Walgreen Sr., opened the first Walgreens drug store in Chicago in 1901, was born in 1935 to Mary Ann Leslie and Charles Walgreen Jr. He would go on to become

FMI eliminates its annual trade show

ARLINGTON, Va. — Citing the changing needs of its members, the Food Marketing Institute is cancelling its annual FMI Connect trade show. “FMI aims at all times to be as agile and as bold as required to serve the needs of our members as well as the broader food industry,” said organization president and chief

EnvisionRx, Walgreens team up on 90-day scripts

DEERFIELD, Ill. — Walgreens and EnvisionRx are launching a prescription drug program that is designed to give patients with chronic conditions more flexibility in getting their maintenance medications. Called Rx90, the program allows patients to fill 90-day prescriptions at any of the nearly 8,200 Walgreens pharmacies nationwide for the same price they would pay for

Barra, Foulkes on most powerful women list

NEW YORK — CVS Pharmacy president Helena Foulkes and Walgreens Boots Alliance Inc. co-chief operating officer Ornella Barra were among those recognized by Fortune magazine as the “Most Powerful Women” in business for 2016. Foulkes, who is also executive vice president of CVS Health, was ranked 12th on the list of 51 women in the

Walmart’s goal is to reimagine retail

Walmart’s goal is to reimagine retail

BENTONVILLE, Ark. — Walmart’s investments in its people and in technology are paying off as the giant company seeks to “reimagine retail” and find new opportunities for growth. Speaking to an audience of 14,000 people — including shareholders and employees from around the world — at the company’s annual meeting earlier this month, president and

CVS teams up with ADA to combat diabetes

WOONSOCKET, R.I. — CVS Pharmacy has teamed up with the American Diabetes Association (ADA) in an exclusive partnership that is intended to raise awareness and funding to fight the condition, which afflicts more than 22 million Americans. “We are committed to making it easier for our customers living with diabetes to find the right products

Digital tool helps MinuteClinic patients save time

WOONSOCKET, R.I. — MinuteClinic, the retail clinic arm of CVS Health, has expanded its services and introduced a digital tool designed to make accessing those services more convenient for patients. New medical services on offer at the more than 1,100 retail medical clinics that MinuteClinic operates in CVS Pharmacy and Target Corp. stores nationwide include

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