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Publix CEO retires, will become chairman of board

BY Allison Cerra

LAKELAND, Fla. Publix Super Markets chief executive officer Charlie Jenkins Jr. announced his retirement today.

Jenkins, who has been an employee of Publix for nearly 40 years, and chief executive officer for 6 years, will continue to be an active member of the Publix board of directors, and has agreed to accept the role of chairman of the board. Howard Jenkins, Publix Super Markets’ current chairman of the board, will become chairman of the executive committee. Both will take their new positions on March 30, 2008.

“The board of directors is pleased that Charlie has agreed to accept this position, and we look forward to working with him to continue the success of Publix,” Jenkins said.

Publix Super Markets, a privately owned and operated grocery chain with more than 900 stores in the southern United States, will undergo additional corporate changes upon Charlie Jenkins’ retirement. Publix president Ed Crenshaw will become chief executive officer. Todd Jones, senior vice president of product business development, will replace Crenshaw as president.

“We are pleased to have leaders with the experience of Ed and Todd who are ready to take the next steps in their careers,” said Jenkins. “I’m confident they will be successful in continuing Publix’s success.”

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Duane Reade supports Race for the Cure

BY Antoinette Alexander

NEW YORK Manhattan-based pharmacy retailer Duane Reade is supporting the 2007 Komen New York City Race for the Cure by handing out limited edition pink Duane Reade bags starting on Tuesday.

Duane Reade chairman, president and chief executive officer Rick Dreiling and Komen Greater NYC executive director Donna Lawrence officially unveiled the pink bag at a press event Monday morning at the Duane Reade located at Broadway and 50th Street.

Customers will receive their Duane Reade purchases in the limited edition bag through Sept. 9, the date of the 2007 Komen New York City Race for the Cure in Central Park.

The initiative is in conjunction with the “City in Pink” event whereby 19 structures throughout the city will be illuminated during the week-long celebration.

According to Lawrence, this year’s race is expected to be the most successful in its history—surpassing the record-setting $4.2 million raised in 2006. Monies raised from the race will be used to fund education, screening and treatment programs for underserved women in the Greater New York City metro area, as well as national and local research for the cures.

One in eight women in the United States will be diagnosed with breast cancer during her lifetime. In 2007 alone, there will be more than 200,000 people diagnosed, and more than 40,000 will die.

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Medicine Shoppe plans to expand into Middle East

BY Drew Buono

ST. LOUIS Medicine Shoppe International is moving into its seventh country this month. The company is planning on opening five pharmacies in Dubai, United Arab Emirates.

The move to the Middle East was made possible by a new agreement with the Al Zahrawi Group, which will manage all the operations, including future growth in the region.

“The Medicine Shoppe brand and retail pharmacy model have been very successful in India and other Asian markets, so the Middle East market is a natural next step for expansion,” said Bruce Burnett, international vice president, for Medicine Shoppe International.

The first two stores will open this month, followed by the other three later this year. Medicine Shoppe pharmacies are also located in the United States, China, Canada, India, Indonesia, and Japan.

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