Drug, mass retail execs make ’50 Most Powerful Women’ list

NEW YORK — Executives from Walmart, Sam’s Club, Rite Aid, Walgreens and Family Dollar Stores made Black Enterprise magazine’s “50 Most Powerful Women in Corporate America” list. Featured on the publication’s February 2015 cover, the list was culled from thousands of candidates across industries — including the finance, pharmaceutical and retail sectors — and the

Four chains face questions about PL supplements

ALBANY, N.Y. — New York Attorney General Eric Schneiderman has ordered four retail chains to halt sales of store-brand herbal supplements after tests showed that the products typically don’t contain the ingredients advertised and in many cases were contaminated with unlisted ingredients. “This investigation makes one thing abundantly clear: The old adage ‘buyer beware’ may

Inclusive approach creates competitive edge

Many of the boldface names in the retail and consumer products sectors belong to women. Helena Foulkes is president of CVS/pharmacy, the drug chain where Judy Sansone is chief merchant. Kathee Tesija holds the latter position at Target, and Michelle Gloeckler runs Walmart’s consumables business and heads up the company’s U.S. Manufacturing initiative. Delhaize America

New York attorney general claims chains are selling mislabeled store-brand supplements

NEW YORK — New York State Attorney General Eric Schneiderman has asked Walgreens, Walmart, Target and GNC to stop selling certain store-brand herbal supplements because DNA testing revealed discrepancies with ingredients listed on their labels. Schneiderman said Tuesday that he has sent cease-and-desist letters to the four retailers to halt sales of the supplements —

Already, 2015 is shaping up as an eventful year

The new year is just over a month old and already the chain drug industry has seen its fair share of noteworthy events. Walgreens Boots Alliance had a coming out party, opening trading at NASDAQ and unveiling its new corporate logo; Brian Unmacht became the first person outside the Bartell family to serve as president

Retail pharmacy on cutting edge in health care

In the not-too-distant past community pharmacy was correctly perceived as a conservative business whose members were intent on operating within a well-defined set of parameters and not rocking the boat. A generation ago it wasn’t uncommon to hear members of the profession joke about what they did as “lick, stick and pour.” The industry as

McKenna becomes COO at Walmart

BENTONVILLE, Ark. — Walmart continued to reorganize its senior management lineup as 2014 came to a close, with the mid-December promotion of longtime company executive Judith McKenna to the post of chief operating officer for Walmart U.S. McKenna, who has been with Walmart for almost 20 years and most recently served as chief development officer

Walmart fast-tracks rollout of small-format stores

Currently, there are 20 Walmart Express locations, which may include pharmacies. BENTONVILLE, Ark. — Turning up the competitive heat on supermarket and drug chains, Walmart is doubling the number of small-format stores that it plans to open in its current fiscal year. The discount retail giant said Thursday that it now aims to add 270

Some retailers line up against credit card settlement

NEW YORK — After credit card companies and some of the nation’s largest banks agreed to pay more than $7 billion to settle a price-fixing case dealing with swipe fees, the future of the deal was put in jeopardy when several retailers objected to the terms of the pact. The settlement must still be approved

1 16 17 18