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Scott Schnuck to step down as Schnucks CEO in March, pass title to Todd Schnuck

BY Alaric DeArment

ST. LOUIS — Schnuck Markets chairman and CEO Scott Schnuck, 63, plans to transfer the latter title in March to his brother, president and COO Todd Schnuck, 55, the company said.

Todd Schnuck will become president and CEO of the family-owned supermarket chain in March, while Scott Schnuck will remain chairman and assist in the transition through September. Meanwhile, 65-year-old Craig Schnuck will formally retire from the company and become chairman emeritus. Todd Schnuck originally began working at the company in 1987 as treasurer and served as corporate VP and CFO before becoming president and COO.

"My wife, Julie, and I and my extended family have been planning this for more than a year, and Todd has been preparing for this for several years," Scott Schnuck said. "I have the greatest confidence in his ability to lead our company to even greater success by working through our teammates to provide our customers with the best values and the highest quality goods and services."

 

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First screenings of the year at Sam’s Club to take place Saturday

BY Alaric DeArment

BENTONVILLE, Ark. – Sam’s Club is offering free health screenings for the New Year on Saturday, the club retailer said.

The screenings are available at the 581 Sam’s Club locations that operate a pharmacy and will take place from 11 a.m. until 3 p.m. The screenings are the first of a series of monthly screenings that will take place on the second Saturday of each month through October.

Screenings include glucose, cholesterol, blood pressure, body mass index and vision.

"For the fourth consecutive year, Sam’s Club pharmacy associates are giving back to our communities with the free health screenings program," Sam’s Club SVP health and wellness Jill Turner-Mitchael said. "Last year, the program performed more than 896,000 free screenings over 10 monthly events in our clubs. In 2014, our pharmacies continue to offer world-class counsel, amazing savings and easy access to prescriptions, immunizations and vital preventive screenings to keep our communities aware of their health."

 

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Study: Consumers want more control over health care, but don’t know where money will come from after retirement

BY Alaric DeArment

ANN ARBOR, Mich. – Ninety percent of people today want to have a say in important decisions regarding their health care, but only a small percentage are certain they’ll have the recommended amount of savings needed to cover health expenses after retirement, according to a new study.

The results are from an ongoing series of semiannual surveys conducted by the Altarum Institute’s Center for Consumer Choice in Health Care, which collect information on consumer beliefs and preferences about health care.

The 2013 Altarum Institute Survey of Consumer Health Care Opinions found that one-third of respondents would like to make a shared decision with their doctor, while 43% want to make the final decision with some professional input and 16% prefer to be completely in charge of their medical decisions. Still, only 5% are certain they will have enough savings after retirement, meaning that retirement is an area where healthcare planning is lacking, and 80% are unsure or unlikely to have enough money set aside by then, though most are comfortable approaching their doctors about the cost of healthcare services.

"It’s a positive sign that people are open to asking their doctors about costs and involving themselves in their healthcare decisions," CCCHC director and study author Wendy Lynch said. "But overall, the study shows that people still have their head in the sand when it comes to what they think they can control. They have more power than they realize just by asking questions; now, they just need to use it."

 

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