Personnel Updates
• CVS Health (322) announced its Senior VP and Chief Digital Officer, Brian Tilzer, has left the company.
• Publix Super Markets Inc. (37) has named Dain Rusk as its new VP of Pharmacy. He was most recently Group VP of Pharmacy for Albertsons LLC (28).
• Tops Markets LLC (15) has promoted Matthew Hamed to the position of Director of Pharmacy.
• Vitamin Shoppe Industries (67) has announced the resignation of Exec VP and CFO, Brenda Galgano. Succeeding her is Bill Wafford.
• Walgreens Boots Alliance, Inc. (145) announced it plans to open a new office in Chicago in fall 2019 where it anticipates 1,800 people will be based.
Financial Focus
• Walgreens Boots Alliance, Inc. has replaced General Electric in the Dow Jones Industrial Average.
Mergers and Acquisitions
• Benzer Pharmacy finalized the purchase of Drug World Pharmacy in Amenia, NY. The acquisition marks the company’s entry into the state of New York.
• McKesson Corp. announced that it has completed its previously announced acquisition of Medical Specialties Distributors.
• Metro Inc. has completed the acquisition of The Jean Coutu Group Inc., with 419 franchised drug stores. Under the acquisition, The Jean Coutu Group becomes a wholly owned subsidiary of Metro, combining all of its pharmacy operations.
Industry Insight
• CVS Health announced it is expanding the availability of its prescription delivery to now be available in all of its locations throughout the country.
Real Estate
• Walgreens Boots Alliance, Inc. is opening a new 7,600 square foot location in the Mall of America in Bloomington, MN.
Technology News
• Thrifty White Drug Stores Inc. said its pharmacies will soon be powered by PrescribeWellness’ technology. The company will use PrescribeWellness’ platform to offer clinical services, enhance patients’ experiences and offer comprehensive patient engagement and support services.
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 297 companies in the Drug Stores and HBC Chains Database, with many of those companies’ records updated at multiple points.
