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Bartells to open latest ‘next generation’ store

BY Alaric DeArment

SEATTLE — A new store set to open in a Seattle neighborhood will be one of the largest in the Bartell Drugs chain, the Seattle-based pharmacy retailer said Tuesday.

Bartells said the 16,085-sq. ft. store, located in the Greenwood neighborhood, would be in the 61-store chain’s "next generation" format, and would include "Urban Market," "Sweets and Snacks" and "Beauty" sections, as well as an enlarged, full-service pharmacy and a "Greenwood Growler Station" offering six regionally produced beers.

The store, in a former Blockbuster Video location and adjacent to the current Greenwood store, will open on Oct. 13. The grand opening, scheduled for Oct. 26, will mark Bartell’s 80th year of operation in Greenwood and the nearby neighborhood of Phinney Ridge.

 

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McKesson names new EVP, CFO

BY Michael Johnsen

SAN FRANCISCO — McKesson on Monday announced James Beer will join the company as EVP and CFO on Oct. 9. Beer will be responsible for overseeing all financial functions for McKesson and replaces Jeff Campbell, who left the company in June 2013 to become CFO of American Express Co. Beer will also join McKesson’s executive committee. 

“James Beer is exceptionally qualified to lead our finance organization as chief financial officer,” stated John Hammergren, chairman and CEO McKesson Corporation. “His extensive experience as the CFO for leading publicly traded companies across several industries provides him with the ideal background and perspective to help guide McKesson’s continued success.”

Beer comes to McKesson from Symantec Corporation, where he served as EVP and CFO managing the worldwide finance organization with responsibility for accounting, financial planning and analysis, treasury, tax, investor relations, corporate development, purchasing and audit. Prior to Symantec, Beer was CFO of AMR Corporation and American Airlines, AMR’s principal subsidiary. In his 15 years at American Airlines, Beer held a variety of management positions in finance and operations, including leading the airline’s European and Asia Pacific businesses.

“McKesson is strongly positioned to take advantage of tremendous growth opportunities in healthcare as the industry transforms through health reform,” Beer said. “I look forward to working with the company’s experienced leadership team to deliver on that potential and build upon the exceptional performance of the past decade.”

Beer holds a bachelor degree in aeronautical engineering from Imperial College, London University and a master’s degree in business administration from Harvard Business School.

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Rite Aid offers new Medicare Part D plan with Symphonix

BY Alaric DeArment

CAMP HILL, Pa. — Rite Aid will help elderly people and their caregivers prepare for the annual Medicare Part D enrollment starting in two weeks, the drug store chain said Tuesday.

Rite Aid said its stores around the country would offer Medicare Advisor to help Medicare beneficiaries and caregivers find the plan that suits them best starting on Oct. 15.

"We know that selecting the right prescription insurance converge can be overwhelming, and that’s why Rite Aid is committed to offering a valuable resource to help our customers make the best decision based on their prescription needs," Rite Aid EVP pharmacy Robert Thompson said. "Whether they are eligible for Medicare Part D coverage for the first time or reviewing their current elections, Rite Aid encourages all customers making this important healthcare decision to take advantage of Rite Aid’s free Medicare Advisor comparison tool with the help of their Rite Aid pharmacist or online at riteaid.com."

Plans available will include a new plan from Symphonix Health Insurance, called Symphonix Rite Aid Value Rx (PDP). The plan is designed to appeal to value-conscious customers, and Rite Aid will be the preferred pharmacy provider. The plan includes $1 co-pays for select generic drugs and a monthly premium described as competitive, as well as lower co-pays at Rite Aid pharmacies. The plan is available everywhere Rite Aid operates except Connecticut, Massachusetts, Rhode Island, New York, Virginia and West Virginia. Rite Aid is also a preferred pharmacy provider in Medicare Part D plans offered by WellPoint affiliates and Express Scripts Medicare (PDP), as well as region-specific plans.

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