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May 30, 2015

TOP STORY

Schreiber named CEO of new Rexall Health unit

Jürgen Schreiber

Former Shoppers Drug Mart chief executive officer Jürgen Schreiber has been named chief executive officer of Rexall Health, a newly formed banner under the Katz Group.

Rexall said Thursday that Schreiber, who joins the company from Edcon Group, South Africa’s largest nonfood retailer, is slated to take the helm as CEO in August.

"We consider ourselves very fortunate to welcome him to the Katz Group in this new role," Katz Group founder and chairman Daryl Katz said in a statement.

 

RETAIL NEWS BREAKS

Vasos to succeed Dreiling as Dollar General CEO

Todd Vasos has been named to succeed Rick Dreiling as chief executive officer of Dollar General Corp.

CVS debuts Hispanic drug store banner

CVS Health has launched a new drug store banner in Florida that’s aimed at Hispanic consumers.

Giancamilli to head 99 Cents Only

Retail veteran Andy Giancamilli has been tapped to serve as interim president and chief executive officer of 99 Cents Only Stores.

Meijer to buy specialty pharmacy Aureus

Meijer Inc. has entered an agreement to buy Aureus Health Services, a national specialty pharmacy and health management service provider.

CVS Health to acquire Omnicare

CVS Health is entering a new market segment with a $12.7 billion deal to acquire Omnicare, a provider of pharmacy services to long-term care facilities.

First quarter sales and earnings rise at Target

Target Corp. said Wednesday that its first quarter profit rose 52% on a revenue increase of 3% to $17.1 billion. The company said it earned $1.10 per share in the period, up from 70 cents a share a year ago.

Bi-Lo Holdings renamed Southeastern Grocers

Bi-Lo Holdings LLC, the parent company of the BI-LO, Harveys and Winn-Dixie supermarket chains, has changed its name to Southeastern Grocers.

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SUPPLIER NEWS BREAKS

Crossmark names Mac Naughton to board

Crossmark has named Duncan Mac Naughton, former executive vice president and chief merchandising officer of Walmart U.S., to its board of directors.

Banana Boat launches summer sweepstakes

Energizer Personal Care's Banana Boat brand has launched a summer sweepstakes promotion offering consumers the chance to win a family reunion at a resort for up to 50 relatives and friends.

For grocers, ‘going local’ requires comprehensive view

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Centrum unveils gummy multivitamin

Pfizer Consumer Healthcare has launched Centrum MultiGummies, a multivitamin that comes in an easier-to-take, pleasant-tasting gummy form.

Osteo Bi-Flex debuts EASE mini-tabs

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Petnology Essentials launches healthful biscuits for dogs

Petnology Essentials, the 21st Century Animal HealthCare pet wellness brand, has launched Hip & Joint Large Biscuit for dogs.

Trudeau introduces on-the-go hydration bottles

Trudeau Corp. has launched a host of on-the-go water and beverage bottles utilizing the latest technologies and functional elements in portability and durability.

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