• Updated on January 24, 2019 at 3:46 pm
  • Category Drug & HBC

DATATRAC: Drug Stores and HBC Chains – January 2019

Personnel Updates

• Benzer Pharmacy (17) has hired Meghann Chilcott as its new Chief Technology and Marketing Officer.

• Rite Aid Corporation (77) has announced that Justin Mennen had been named to Senior VP and CIO.

• Sephora USA Inc. (136) announced Jean-André Rougeot has been hired as the new CEO of Sephora Americas.

• Walgreens Boots Alliance, Inc. (146) has named three new executives. Vineet Mehra is now Chief Marketing Officer, Annie Murphy is now Chief Commercial Officer and Colin Nelson is now Senior VP and Chief Supply Chain Officer.

 

Financial Focus

• ShopKo Stores Operating Co. LLC has filed for Chapter 11 bankruptcy protection. The retailer plans to close 38 stores, relocate more than 20 Optical centers to freestanding locations and sell its pharmacy business.

 

Mergers and Acquisitions

• Cardinal Health Inc. has acquired Mirixa, a leading provider of technology-enabled solutions.

• L’Occitane Inc. said it has entered into a definitive agreement to acquire Elemis, the number one luxury British skincare brand.

• Ritzman Pharmacy announced that it is selling its 20 retail pharmacies in Northeast Ohio to CVS Health. The acquisition is expected to be completed by the end of February.

 

Industry Insight

• Birchbox has rolled out pop-ups in 11 Walgreens and Duane Reade locations as test pilots.

• Giant Eagle is working with regional health system University of Pittsburgh Medical Center to roll out UPMC AnywhereCare telemedicine kiosks in several stores.

• Hy-Vee Inc. announced that it has acquired the business of 22 ShopKo Stores Operating Co. LLC’s pharmacies in Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin.

• Rite Aid Corporation announced an agreement with McKesson Corp. that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.

• Shoppers Drug Mart Corporation announced that it will be opening a new pilot store called Beauty Clinic by Shoppers Drug Mart. The first location will open in Oakville, ON, and a second is set to open in Toronto this year as well.

Just because we don’t mention it here doesn’t mean it didn’t happen – or we didn’t capture it. In the past four weeks, we’ve updated more than 105 companies in the Drug Stores and HBC Chains Database, with many of those companies’ records updated at multiple points.

Natasha Perry

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