DEERFIELD, Ill. — To the casual observer, the dominant story line at Walgreens might appear to be the phased acquisition of 1,932 drug stores and related assets from Rite Aid Corp., and plans for their subsequent assimilation. But, important as the deal is, it shouldn’t be allowed to obscure other compelling developments at Walgreens Boots
Chain Drug Review held a reception in Manhattan earlier this month to honor recipients of the publication’s Retailer of the Year awards. CVS Health president and chief executive officer Larry Merlo named Health Care Executive of the Year, and Walgreens president of pharmacy and retail operations Richard Ashworth was named as Operations Executive of the Year.
CAMP HILL, Pa. — Rite Aid Corp. is widening the scope of health and wellness retailing. The drug chain’s recent addition of pharmacy benefit manager Envision Rx — plus the 2014 acquisitions of in-store clinic operator RediClinic and health coaching/analytics firm Health Dialog — bring its traditional pharmacy services into the bigger realm of retail
For 2015, the editors of Chain Drug Review have chosen to give the publication’s annual Retailer of the Year honors to two chain drug retail industry leaders: Stefano Pessina, executive vice chairman and CEO of Walgreens Boots Alliance Inc., and the management team at Rite Aid Corp., led by chairman and CEO John Standley. Pessina’s
WOONSOCKET, R.I. — The editors of Chain Drug Review have named Helena Foulkes, president of CVS/pharmacy, and her colleagues on the company’s retail leadership team as the publication’s Chain Drug Retailers of the Year for 2014. Though Foulkes has been in this position for only 12 months, the group of veteran executives that she heads