NEW YORK — Walgreen Co. was among the firms honored by the National Retail Federation at the trade association’s convention here last month.

Fox Business News’ Trish Regan interviews Alex Gourlay at NRF.

Walgreens was named Retail Innovator of the Year at the NRF’s convention and expo, dubbed Retail’s Big Show.

According to NRF, the award is given annually to “a company that is well known as a pioneer in the retail industry through the use of new, innovative or imaginative techniques, formats or service” and has “demonstrated an ability to persevere in the face of challenges.”

Alex Gourlay, president of Walgreens, accepted the award on behalf of the drug chain.

Award recipients are selected each year by the NRF board of directors’ awards committee. Also honored this year was Walmart vice president of public affairs Lee Culpepper, who received the Silver Plaque Award, which goes to a senior executive “who has achieved prominence in his or her individual field and has shown outstanding leadership in NRF committee work.”

J.C. Penney Co. executive chairman Myron Ullman received NRF’s Gold Medal Award, and the Italian food retailer Eataly was named International Retailer of the Year.