BOULDER, Colo. — Richard Willis has been named president and chief executive officer of Pharmaca Integrative Pharmacy. Willis succeeds Mark Panzer, who left Pharmaca last spring to become senior vice president of pharmacy, health and wellness at Albertsons. “Richard has a strong track record of creating value for shareholders,” said Peter Cornetta, lead director and
The year that just ended was one to remember for CVS Health. While maintaining a level of performance that set the standard for the retail pharmacy sector, the company made a series of moves that broadened and deepened its reach in the nation’s health care and retail industries. Since its acquisition of the Caremark pharmacy
The Christmas selling season is fast becoming a distant memory — which is probably for the best, given the final results. Few were the retailers that performed as strongly as anticipated. Many more turned in results that didn’t live up to initial projections or initial hype. Many factors contributed — the unseasonably warm weather, a
BENTONVILLE, Ark. — Walmart generated headlines in February with the announcement that it would raise the baseline pay of its store associates. Walmart generated headlines in February with the announcement that it would raise the baseline pay of its store associates. But as significant as the move was, it was only one element of a
SAN BRUNO, Calif. — The mission of Walmart’s global e-commerce business, based here in Silicon Valley, is to develop world-class e-commerce capabilities and then integrate them with the company’s formidable strengths in brick-and-mortar retailing, in order to meet consumers’ growing demand for a seamless omnichannel shopping experience. The mission of Walmart’s global e-commerce business, based
SAN BRUNO, Calif. — Walmart, which has long been known for the efficiency of the distribution network that serves its brick-and-mortar stores, is leveraging those existing assets as it creates the "next generation fulfillment network" to support its omnichannel retailing model. Walmart, which has long been known for the efficiency of the distribution network that
SAN BRUNO, Calif. — Walmart’s growing operation here is evidence of the retailer’s commitment to make the investments necessary to compete and win in e-commerce. Walmart’s growing operation here is evidence of the retailer’s commitment to make the investments necessary to compete and win in e-commerce. The company currently employs about 2,200 people in its
BENTONVILLE, Ark. — The opportunity to apply data science and digital technology to old-fashioned retailing fundamentals makes this an exciting time for Sam’s Club, says senior vice president and chief member officer Tracey Brown. The opportunity to apply data science and digital technology to old-fashioned retailing fundamentals makes this an exciting time for Sam’s Club,
BENTONVILLE, Ark. — Getting the merchandise assortment right is important for any retailer, but it is particularly critical for Sam’s Club, which has to meet its members’ needs with a limited assortment. Getting the merchandise assortment right is important for any retailer, but it is particularly critical for Sam’s Club, which has to meet its
NEW YORK – Surging online sales contrasted with disappointing brick-and-mortar volume as the holiday shopping season got under way. E-commerce purchases soared 14% on Cyber Monday to a record $3 billion plus, causing websites including target.com to temporarily crash from overuse. In-store crowds for Black Friday, by comparison, were thinner than expected. ShopperTrak estimated brick-and-mortar
BENTONVILLE, Ark. – Walmart confirmed earlier this month that the company’s head of marketing, Stephen Quinn, will be retiring from the company. According to Walmart spokeswoman Deisha Barnett, Quinn will step down on January 31. In conjunction with the Quinn announcement, Walmart said that it plans to hire former Target Corp. marketing chief Michael Francis