Clarification: Walgreens sees more staffing changes with departures of three purchasing VPs
NEW YORK A report Thursday on new changes in Walgreens’ purchasing department included a statement indicating that the departure of three divisional merchandise managers could signal changes in the structure of the chain’s overall purchasing department. No such changes are foreseen, said a company spokesperson.
“As for the way purchasing activities are currently organized,” explained Walgreens spokesperson Tiffani Washington, “we’ll keep our current structure.”
The positions of all three of the outgoing general merchandise managers will be filled, she added, with replacements drawn either from inside or outside the company.
Estee Lauder net earnings plunge
NEW YORK The tough economic environment took its toll on The Estee Lauder Companies’ third quarter as net earnings plunged about 70% amid destocking by certain retailers and a decline in department store traffic.
Murad launches Active Radiance Serum
EL SEGUNDO, Calif. Murad Inc., which sells its skin care products at select retailers, including Sephora and Ulta, has launched the new Active Radiance Serum to brighten and renew skin.
The first product on the market to introduce Murad?s latest vitamin C technology Active Radiance Serum, the product is clinically proven to firm skin up to 64% in 15 minutes and to brighten and renew the skin in one week by improving natural radiance and clarity, the company stated. The product delivers highly stable vitamin C, which is 50 times the potency of prior generations.
The product will be available in May for $89 at the Murad Inclusive Health Center and Spa, Murad.com, Sephora, Ulta and select salon and spa locations.