February 26, 2024 by Jeffrey Woldt
executive chairman of Hy-Vee’s board of directors, FMI Midwinter Executive Conference, Jeffrey Woldt, Jeremy Gosch, Randy Edeker
2024, Issue 02-26-2024
MARCO ISLAND, Fla. — After more than a decade of leadership, Randy Edeker, executive chairman of Hy-Vee’s board of directors, believes that a chief executive officer should be a driver of change. Since taking the reins in 2012, Edeker has been the catalyst in equipping the supermarket chain to continuously adapt to a dynamic market.
February 26, 2024 by Jeffrey Woldt
FMI - The Food Industry Association, Jeffrey Woldt, Leslie Sarasin, Midwinter Executive Conference
2024, 2024, Issue 02-26-2024
MARCO ISLAND, Fla. — During Leslie Sarasin’s tenure as president and chief executive officer of FMI – The Food Industry Association, the organization has consistently helped members bring into sharp focus the issues that matter most. FMI upheld that tradition at the recent Midwinter Executive Conference here by tackling the topic of artificial intelligence and
February 26, 2024 by Jeffrey Woldt
FMI Midwinter Executive Conference, Jeffrey Woldt
2024, 2024, Issue 02-26-2024, Opinion
As noted elsewhere in this issue, artificial intelligence was front and center at last month’s FMI Midwinter Executive Conference. Anyone who only saw some of the keynote presentations at the event might have come to the conclusion that technology is crowding out other important priorities. Nothing could be further from the truth. In a conversation
January 15, 2024 by Jeffrey Woldt
Albertsons Cos., Jeffrey Woldt, Kroger, Rodney McMullen
2024, Issue 01-15-2024
CINCINNATI — The editors of Mass Market Retailers have named Rodney McMullen the publication’s Retailer of the Year. The recognition for Kroger’s chairman and chief executive officer will rightly be linked to the company’s pending $24.6 billion merger with Albertsons Cos., but the deal is only one aspect of the work that McMullen has done
January 15, 2024 by Jeffrey Woldt
Jeffrey Woldt, Tim Wentworth, Walgreens Boots Alliance
2024, Issue 01-15-2024
Just two months after taking the reins, Tim Wentworth, Walgreens Boots Alliance’s new CEO, has hit the ground running, already making tough decisions that promise to put the underperforming health care and retail company back on track. Speaking to financial analysts at the beginning of the month, Wentworth noted that he has been given a
December 18, 2023 by Jeffrey Woldt
CVS Health, Jeffrey Woldt, Karen Lynch
2023, Issue 12-18-2023, Opinion
CVS Health is once again a catalyst for positive change. Appearing at the company’s investor day earlier this month, CEO Karen Lynch and other members of senior management unveiled initiatives intended to accelerate the shift toward integrated care and transform the pharmacy reimbursement model. One of the projects involves the creation of a new brand
November 27, 2023 by Jeffrey Woldt
FMI, Jeffrey Woldt, Leslie Sarasin, opinion
Issue 11-27-2023
Leslie Sarasin takes an expansive view of her work. As president and chief executive officer of FMI – The Food Industry Association, she has significantly broadened the organization’s reach, carving out a bigger role within FMI for grocery manufacturers and other industry stakeholders, while at the same time forging partnerships with groups that support its
October 9, 2023 by Jeffrey Woldt
Jeffrey Woldt, Sam's Club
Issue 10-09-2023, Opinion
Sam’s Club has changed considerably in 40 years. As the special section elsewhere in this issue amply illustrates, the retailer, a division of Walmart, has found numerous ways to enhance the membership warehouse club format, while adhering to the fundamentals of the concept. When Sam’s made its debut In 1983, the bare-bones clubs sold a
September 11, 2023 by Jeffrey Woldt
Jeffrey Woldt, PBM
Issue 09-11-2023, Issues
Value-based care is coming to the PBM sector. Blue Shield of California last month launched a program that eschews the entrenched pharmacy benefits management model, replacing it with a consortium of companies — which includes Amazon Pharmacy and Mark Cuban Cost Plus Drug Co. — assembled to change the way prescription drugs are purchased and
August 7, 2023 by Jeffrey Woldt
Jeffrey Woldt, patients, Rx
2023, Issue 08-07-2023, Issues, Opinion
The nation’s community pharmacy operators are once again being asked to help support the rollout of government programs designed to improve the health of Americans and ease the financial burden of care. Last month, the Biden administration convened a roundtable with industry leaders at the White House to discuss what retail pharmacy can do to
July 10, 2023 by Jeffrey Woldt
CVS, Innovation, Jeffrey Woldt, Target
07-10-2023, 2023, Issues
After being frozen in place since the beginning of the COVID pandemic, the wheels of innovation are turning once again. Concerns about the supply chain and the need to keep products in stock have subsided to the point where leaders of drug, discount and grocery chains and their counterparts in the vendor community are shifting
June 19, 2023 by Jeffrey Woldt
Doug McMillon, Jeffrey Woldt, Walmart
2023, Issue 06-19-2023, Issues
FAYETTEVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became chief executive officer nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding,