Duane Reade continues exec restructuring
NEW YORK —Pharmacy retailer Duane Reade continues to restructure its senior management team with the appointment of two key executives. The news comes amid the resignation of long-time pharmacy executive Jerry Ray.
Effective Sept. 18, Ray stepped down from his post as senior vice president of pharmacy operations. The company currently is searching for a successor. In the meantime, the current pharmacy team has absorbed Ray’s responsibilities.
Ray started his career with Kroger-SuperRx and joined the Manhattan-based retailer in 1995. Over the years, he has held a variety of positions in pharmacy and operations.
Following the appointment of Rick Dreiling as chairman and chief executive officer—who has since left Duane Reade to take the helm at discount chain Dollar General—Ray assumed in early 2006 his most recent role as senior vice president of pharmacy operations, focusing exclusively on the pharmacy business. Before that, Ray served as senior vice president of store and pharmacy operations.
In other management changes, the homegrown New York-based drug chain has appointed Joseph Magnacca senior vice president and chief merchandising officer—pending U.S. visa approval, which is expected in October, as Magnacca is a Canadian citizen. Joining the company as senior vice president of supply chain, effective Oct. 6, is Mark Scharbo.
“As we continue to fine-tune our plans to elevate Duane Reade to the next level, we are keenly focused on refining our merchandise mix and strengthening our infrastructure to support growth going forward,” stated John Lederer, chairman and chief executive officer of Duane Reade and former president of Loblaw Companies. Lederer joined Duane Reade in early April.
Magnacca fills a post that has been vacant since the April departure of David D’Arezzo. Magnacca, a 20-year veteran of the retail industry, previously worked for Shoppers Drug Mart, where he led marketing and merchandising initiatives since 2002. He most recently served as executive vice president of merchandising and category management.
Scharbo has been the chief operating officer of Case-Mate, a provider of leather accessories for cell phones and other digital devices, that he co-founded in 2005. Before founding Case-Mate, he operated as an independent consultant and led projects for a PBM/mail-service pharmacy and a national casual restaurant chain.
Wegmans begins trial of self-checkout lanes in New York store
ROCHESTER, N.Y. Wegmans is testing four self-checkout lanes for the first time near company headquarters at its Penfield, N.Y. store based on consumer demand, according to published reports.
We were never in a rush to introduce self-checkout,” Jo Natale, Wegmans spokeswoman, told the Rochester Democrat & Chronicle. “We had never seen one we liked or offered features for customer convenience.”
Wegmans stores close all photography centers
ROCHESTER, N.Y. Supermarket chain Wegmans is closing down its photo operations, reports this week said. After more 20 years serving its communities with photo services, the company will no longer offer full-service in-store photo development.
The closures affect 12 stores in Wegmans’ Rochester market. This will affect 18 full-time employees and 52 people who work in photo part-time in Rochester, the company said, as well as 63 full-time photo employees and 173 part-timers companywide. Wegmans has said it will try to make adjustments to keep some of those employees in the company.
So far in the past year, Wegmans has closed 9 of its photo departments. The company has said that the closures are largely due to the growing popularity and accessibility of digital photography.