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One Condoms sponsors gay pride-themed wrapper design contest

BY Alaric DeArment

BOSTON — Condom brand One is sponsoring a packaging design contest in honor of gay pride, the company said Friday.

The company said it was updating its crowd-sourced wrapper design mix and would accept designs from August 23 through November 23 as part of the One Pride Design Contest.

"Our design contests are a big part of the company’s personality," One founder and CEO Davin Wedel said. "Because our products cater to so many different types of people, our contests are widely appealing and bring out the artist in anyone, from amateurs to professional designers. We are excited that this theme has the potential to draw out sexy and edgy designs while also acknowledging the incredible recent events around gay rights."

All qualified submissions will be posted on the One website, and a panel of judges will evaluate the top-25 designs and select five winners. Winners will receive a cash prize and a year’s supply of condoms with the design, as well as a donation of 5,000 condoms to a charity of the designer’s choice.


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Jim Spencer promoted to president of Kinney Drugs stores

BY Jason Owen

Gouverneur, N.Y. — Kinney Drugs Inc. announced today the appointment of Jim Spencer to president. Prior to the announcement, Spencer had served as COO.

In this expanded role, Spencer will be responsible for the total customer experience and strategic growth of the company’s retail drug stores. In addition to overseeing pharmacy and retail operations, marketing and merchandising, he will assume oversight responsibilities for company logistics. Spencer will continue to report to Bridget-ann Hart, R.Ph., president of Kinney healthcare services.

“Jim continually demonstrates the quality of leadership and high standards that have been an integral part of the success of our company,” says Craig Painter, chief executive officer and chairman. “Combining all the functions that directly impact the profitability of our stores under Jim’s proven leadership will better position us to grow our business and enhance the overall customer experience.”

Kinney Drugs Inc. is a leading pharmacy healthcare company that strives to provide the highest quality pharmacy, health and retail services in the communities served. Founded in 1903 by Burt Orrin Kinney, the company has grown into a diversified pharmacy healthcare network that offers retail pharmacy, pharmacy benefits management and institutional pharmacy services. Kinney Drugs retail pharmacy operates 98 drugstores in central and northern New York and Vermont, as well as a distribution warehouse.

Kinney Drugs is an employee-owned company headquartered in upstate New York. For more information, visit Kinneydrugs.com.


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Walmart convenes domestic sourcing summit in effort to help revitalize U.S. manufacturing

BY Mike Troy

ORLANDO, Fla. — Walmart displayed a powerful commitment to revitalizing U.S. manufacturing in front of roughly 1,500 supplier company representatives, government and economic development officials, dozens of senior merchants and the company’s top executives as they convened Thursday for its first-ever domestic sourcing summit at the Orange County Convention Center in Orlando, Fla.

“It sounds dramatic, but nothing less than the future of our country is a stake,” Walmart U.S. president and CEO Bill Simon said. “We can’t be just a service economy. We have to make stuff.”

The summit was held Thursday afternoon and on Friday a day of meeting was planned between supplier company attendees and economic development representatives from 30 states. Walmart and the National Retail Federation served as matchmakers. Simon emerged as a champion for domestic sourcing earlier this year when he was a featured speaker at the NRF’s annual convention. At that meeting he unveiled Walmart’s plan to spend an additional $50 billion on domestic sourcing during the next 10 years. It sounded like an audacious goal at the time, but Simon now contends that figure will be a “lay up,” because of the momentum that is quickly gathering and was evident at the summit. Combined with the growing recognition of the benefits of making products closer to the point of consumption, Simon said he now expects Walmart to blow by that $50 billion figure.

Rising wage rates in previously low wage rate countries such as China, energy costs and other supply chain considerations are just a few of the reasons why Simon contends the global economy is entering a transition where a strong business case can be made for manufacturing to be located closer to the end consumer.

Taking that assertion a step further, U.S. Secretary of Commerce Penny Pritzker pointed to the stabilized banking and housing sectors, abundant and affordable energy, great universities, a vibrant culture of entrepreneurship and strong intellectual property protections as reason why companies should increase their domestic manufacturing.

“We are entering a new era of opportunity to boost American manufacturing,” Pritzker said. “The time to build and hire in America is now.”

To help make that case, Walmart enlisted the aid of governors from nine different states who participated in panel presentations or made individual remarks. Governors have a strong interest in promoting economic development within their states and each used their participation in the event to tout their state’s key benefits and engage in some good natured ribbing of their peers.

For example, South Carolina governor Nikki Haley described her state’s dislike of unions. Mississippi governor Phil Bryant said his state doesn’t over-regulate or over tax and makes sure it gets out of the way of entrepreneurs. West Virginia governor Earl Ray Tomblin touted his state’s abundant natural gas. Maine governor Paul LePage said his state got rid of red tape.

While the governors cited the ease of doing business in their states, Richard Fisher, president and CEO of the Federal Reserve Bank of Dallas, suggested regulations and uncertainty are major impediments holding back the creation of domestic manufacturing jobs that could help restore the middle class.

The fiscal and regulatory policies in Washington are what is holding the country back, according to Fisher. He derided lawmakers for their cavalier approach to fiscal matters and spending and regulating with abandon, but stopped short of singling out the beleaguered Affordable Care Act, also known as Obamacare.

“Businesses cannot operate in a fog of uncertainty about how they will be regulated and taxed,” Fisher said.

Walmart can’t fix Washington gridlock or ill-conceived mandates, but as Wal-Mart Stores, Inc., president and CEO Mike Duke noted, the intent of the summit was to begin a journey.

“Sometimes getting started can be the hardest part,” Duke said. “We wanted to help ignite and create the desire to get momentum going.”

 

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