BOISE, Idaho — Albertsons Cos. announced last month that Vivek Sankaran, chief executive officer of PepsiCo Foods, North America, has been named the retailer’s new president and CEO, effective April 25. Jim Donald, currently the company’s president and CEO, will continue as co-chairman of the board, while Leonard Laufer will serve as the other co-chairman.
WOONSOCKET, R.I. — CVS Pharmacy is now offering prescription delivery within hours at the majority of its stores in addition to one- to two-day delivery. The new service, from Shipt, is available at 6,000 CVS locations across the country, giving patients a faster and even more convenient way to get their medications. “Today we’ve taken
CAMP HILL, Pa. — The search is on for a new chief executive officer at Rite Aid Corp. The chain last month announced a leadership transition and organizational overhaul to better align its structure with operations and reduce costs. As part of the transition, which follows two aborted mergers, John Standley will step down as
Two thousand eighteen may be remembered in retail marketing history as the year discussing CBD moved from Bon-naroo to the board room. Extensive media coverage; legalization of all forms of cannabis in Canada and parts of the U.S.; a tsunami of benefit claims; a flood of new CBD products across a broad spectrum of categories;
A new phase in Rite Aid’s two-decade-long quest to fully recover from the criminal financial irregularities that pushed it to the brink of bankruptcy in the late 1990s began last month with top-level management changes and an organizational realignment designed to, in the words of Bruce Bodaken, chairman of the drug chain’s board of directors,