Only days — or weeks — may remain until Walgreens Boots Alliance’s long-delayed acquisition of Rite Aid gets the go-ahead from the Federal Trade Commission. If and when that clearance comes, Rite Aid will officially become part of WBA, and the competition between the Walgreens and CVS Pharmacy drug chains will finally take form so
DEERFIELD, Ill. — Walgreens is terminating its relationship with Theranos Inc. and closing operations at all 40 Theranos Wellness Centers at its stores in Arizona. Walgreens said Sunday evening that the move follows the company’s decision in January to halt Theranos laboratory testing services at its Palo Alto, Calif., location, and means that the drug
DEERFIELD, Ill. — Helayna Minsk has joined Walgreens as group vice president of retail brands. A former Johnson & Johnson executive, Minsk takes over that role from Beth Stiller, who in late March left Walgreens to join Massage Envy as chief commercial officer. Minsk brings more than 25 years of experience in brand marketing, innovation,
NEW YORK — Beth Stiller, group vice president of retail brands and global sourcing at Walgreens, is leaving the company to join Massage Envy as chief operating officer. A former Duane Reade executive, Stiller played a key role in the creation of the first Walgreens flagship store — a Duane Reade outlet at 40 Wall
Walmart has begun closing stores, as the retailer had previously announced. Most of the closings involve the Express stores the company began opening over the past two years in the belief that it could more successfully compete with the likes of such small-store retailers as drug and dollar stores with convenience-oriented stores than the big
At a time of retrenchment in the U.S. retailing community, retailers in the rest of the world are expanding their horizons and aggressively reaching across continents for new growth opportunities. So it is that one of Australia’s largest grocery retailers is exporting its home center unit to the United Kingdom, where, it believes, the opportunities
SCOTTSDALE, Ariz. — Former Walgreens executive vice president Joe Magnacca has been named chief executive officer of massage and skin care service franchisor Massage Envy. Magnacca left Walgreens in 2013 to become CEO of RadioShack Corp., which filed for Chapter 11 bankruptcy protection last year. He had been promoted from senior vice president to executive
DEERFIELD, Ill. — Walgreens is turning over the operation of 56 Healthcare Clinics at stores in the greater Chicagoland area to Advocate Health Care, the largest health system in Illinois. The drug chain said Monday that Advocate will lease the space to operate the clinics in the Walgreens stores. Plans call for the clinics to
The reshuffling of the retail landscape is proceeding, indeed accelerating, at a pace undreamed of as recently as five years ago. This is not a reordering of companies or priorities or strategies. It is a reordering of people. Most recently, Michael Francis, the legendary retail marketer, has signed on at Walmart, as the world’s largest
George Riedl, once Walgreen’s head merchant, has signed on with Walmart to run that retailer’s health care services. Thus, 2015, from a personnel standpoint, ends as it began, with jobs and career changes once deemed unthinkable.George Riedl, once Walgreens’ head merchant, has signed on with Walmart to run that retailer’s health care services. Thus, 2015,