Jeffrey Woldt

New purpose statement apt for an evolving CVS

New purpose statement apt for an evolving CVS

As it rose to become the nation’s largest health care provider and fourth-biggest company of any kind, CVS Health benefitted from a clear, concise raison d’être: “Helping people on their path to better health.” Those eight words encapsulated the overarching objective of an organization with deep roots in community pharmacy, which over the past 15

Hartsig discusses makeup of the ‘new Bed Bath & Beyond’

Bed Bath & Beyond executive vice president and chief merchandising officer and Harmon Stores president Joe Hartsig spoke to MMR editor-in-chief Jeffrey Woldt about the company’s three-year revitalization plan. This is an excerpt of an interview that can be watched at massmarketretailers.com/category/videos. WOLDT: It’s Bed Bath & Beyond’s 50th anniversary at the same time that

Supply chain questions that aren’t going away

Supply chain questions that aren’t going away

The supply chain, hitherto taken for granted if not ignored completely, has assumed unaccustomed prominence during the COVID pandemic. Disruptions in the flow of some health care products and consumer staples (most notoriously personal protective equipment and toilet paper), extending from stores all the way back to the source of raw materials, were a fact

Video Forum: John Standley, Walgreens

Video Forum: John Standley, Walgreens

  John Standley, who joined Walgreens as president last August, talks about changes under way that will strengthen the drug chain’s position in pharmacy, health care and retailing. Among the subjects Standley addresses in this week’s Video Forum are Walgreens’ expanding partnership with VillageMD, the retailer’s revamped loyalty program, and its big investment in digital

It’s full speed ahead for WBA in the new year

Walgreens Boots Alliance has shifted into high gear since the start of 2021. Building on a foundation that it painstakingly laid in recent years, the company has unleashed a salvo of initiatives designed to buttress its central role in health care and retailing. Following the realignment of its partnership with AmerisourceBergen — a transaction that

Walgreens plans tech-enabled startup

Walgreens plans tech-enabled startup

Walgreens Boots Alliance has shifted into high gear since the start of 2021. Building on a foundation that it painstakingly laid in recent years, the company has unleashed a salvo of initiatives designed to buttress its central role in health care and retailing. Following the realignment of its partnership with AmerisourceBergen — a transaction that

A shift in pharmacies’ relationship to PBMs

The Supreme Court’s decision in Rutledge v. PCMA to uphold Arkansas’ right to regulate pharmacy benefits managers signals a turning point in the protracted battle to make the relationship between PBMs and retail pharmacies more equitable. In a unanimous ruling (Justice Amy Coney Barrett did not hear the case), the court found that an Arkansas

Sankaran: Albertsons ready for changing times

Albertsons Cos. president and chief executive officer Vivek Sankaran recently spoke with Mass Market Retailers editor-in-chief Jeffrey Woldt about the need to remain nimble and flexible as consumer behavior changes, the company’s response to COVID-19, and Albertsons’ growth strategy. This is an edited version of that conversation, which is available in video form on massmarketretailers.com.

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