Magnacca’s know-how will bring WAG to the next level
WHAT IT MEANS AND WHY IT’S IMPORTANT — Joe Magnacca brings to bear a menagerie of merchandising savvy that will help Walgreens on its way to well. That savvy includes some "old world" retailing perspective by way of Canada’s Shoppers Drug Mart, where a focus on beauty and convenience is paramount. And his recent meteoric rise through the ranks of Duane Reade is testament to just how well he connected with the denizens of the most-populated city in the United States through enhanced merchandising and marketing.
(THE NEWS: Magnacca’s role at WAG expands. For the full story, click here)
As Walgreens looks to apply the best of Duane Reade to its other 7,000-plus stores, clearly the chief architect of that DR makeover will play a key role. Magnacca just sees things differently, and no doubt his unique vision will identify entirely new ways for Walgreens to look at and market to its customers.
"As a Canadian, we look at the drug store industry a little bit differently because we have more of a European slant on the overall business," Magnacca told Drug Store News during a Duane Reade store tour in late 2009. "If you look at the European model, they are certainly more advanced from a beauty point of view and from a convenience point of view. The European business model has really demonstrated how you can take drug to the next level."
When Magnacca joined Duane Reade in 2008, he brought that fresh perspective and merchandising expertise that resulted in such enhancements as expanded grocery and fresh foods; the DR Delish private brand; upscale beauty departments; the Duane Reader “magalogue” packed with exclusive products, bargains and tips; and the FlexRewards loyalty program that replaced the retailer’s Dollar Rewards.
Meijer to overhaul Mich., Ohio stores with $75 million investment
GRAND RAPIDS, Mich. — A Midwest retailer announced it would invest $75 million in a major remodel project that would benefit stores in two states.
Meijer said 10 stores in Michigan and Ohio would benefit from the initiative. The retailer projected that the remodeling program would be completed by the end of the year.
As part of the remodel project, Meijer will roll out specific enhancements both inside and outside the store, including lighting, heating, refrigeration, exterior lighting and parking lot maintenance. Additionally, the introduction of newer technology in key areas during the remodel process will result in reduced energy usage and more energy-efficient stores.
"We are pleased to reinforce our commitment to these communities," said Hank Meijer, co-chairman and CEO of Meijer. "Our customers expect high standards from us, and our investment in these stores will ensure they continue to receive our best."
In related news, Meijer also will invest $25 million to open two new stores this year. These include a 192,000-sq.-ft. supercenter in Stevensville, Mich., and Meijer’s third small-format store, which will be located in the Chicago suburb of Melrose Park.
Seventh Generation revolutionizes laundry category
NEW YORK — Seventh Generation has developed an ultra-concentrated liquid laundry detergent that is available in a 100%-compostable bottle.
The company said the entire packaging system (fiber bottle, pouch, spout, cap) for its Natural 4x laundry detergent uses 66% less plastic than a typical 100-oz. 2x laundry bottle. Seventh Generation’s Natural 4x laundry detergent — a nontoxic, biodegradable formula — is available in a 50-oz. (66 loads) size and two scents: Free and Clear, and Geranium Blossoms and Vanilla.
In related news, Seventh Generation also introduced a natural hand wash, available in fresh citrus and just clean varieties, which are purely plant-derived cleansers, the company said. The packaging for the product is made of 80% post-consumer recycled plastic.
Seventh Generation products are available at retailers nationwide. For a store nearest you, visit SeventhGeneration.com’s "where to buy" page.