Drug Store and HBC Chains Industry Updates | September
CVS Caremark has appointed Mark S. Cosby as President of CVS/pharmacy, effective 10-1-2011. Cosby succeeds Larry Merlo, who led the company’s retail business prior to taking over as CEO of CVS Caremark in March. As president, Cosby will have responsibility for all aspects of the company’s retail business, including its more than 7,200 retail stores, 19 distribution centers and e-commerce site, as well as retail merchandising, supply chain, marketing, real estate, front store and pharmacy operations.
H. D. Smith appointed David Guzmán as CIO. H. D. Smith also named Ed Bissler corporate VP Sales. Bissler comes to H. D. Smith from McKesson, where he most recently directed the strategic sales and service functions for many of that company’s national accounts.
Walgreens named Thomas Sabatino Jr. Exec VP, General Counsel and Corporate Secretary, effective 9-12-2011.
Regis Corporation announced total sales of $2.325 billion for fiscal year ending 6/30/2011.
Mergers and Acquisitions:
Assured Pharmacyhas signed a lease for its fifth pharmacy, which will be located in
. Kansas City