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Chief Medical Officer appointed by Walgreens

DEERFIELD, Ill. — Walgreens has tapped Dr. Kevin Ban to serve as its new chief medical officer. In his role as CMO, Ban is assuming leadership of the Walgreens clinical office, overseeing the development of enterprise clinical programs and clinical analytics and directing provision of care, clinical outcomes, patient safety, and health care information systems

Rite Aid results top expectations

CAMP HILL, Pa. — Rite Aid Corp. reported better-than-expected third quarter sales and earnings. The company also narrowed its fiscal 2020 earnings forecast while maintaining its revenue guidance. The results lifted the retailer’s shares more than 20% to over $10. For the quarter ended November 30, adjusted net income was $29.1 million, or 54 cents

Walmart Media Group boosts brands’ visibility

BENTONVILLE. Ark. — Wal­mart Media Group, the retailer’s advertising unit, has introduced an auction-based marketplace that aims to give advertisers more transparency and control of their sponsored product ­campaigns. “Brands will now be able to increase visibility with Walmart’s diverse, sizable audience of shoppers,” Lex Josephs, vice president of sales and media partnerships at Walmart

BJ’s appoints Delaney as new chief executive

WESTBOROUGH, Mass. — BJ’s Wholesale Club has appointed Lee Delaney to serve as chief executive officer. He succeeds Christopher Baldwin, who has been named executive chairman. Baldwin will also serve as a strategic advisor to Delaney. The company also appointed Thomas Kingsbury, the former CEO of Burlington Stores Inc., to its board of directors. The

Three executives promoted at Dollar Tree

CHESAPEAKE, Va. — In a reorganization of its senior management structure, Dollar Tree Inc. has promoted three ­executives. In addition, Duncan Mac Naughton, who had been serving as president of the Family Dollar segment of the business, has left the ­company. The management changes are intended to improve the execution of Dollar Tree’s overall  strategy

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