News

Walgreens streamlines with management shift

BY Jim Frederick

DEERFIELD, Ill. An unannounced but significant realignment of top management at Walgreens will streamline the company’s decision-making and reporting apparatus — and boost its ability to execute a constantly evolving merchandising and marketing strategy throughout its vast retail network, a company official said Wednesday.

Walgreens confirmed Wednesday that it has quietly shifted the reporting structure for president and CEO Greg Wasson and his top lieutenants, as outlined in an internal memo to department heads. Under the new management plan, two EVPs — Mark Wagner, EVP operations and community management, and Kermit Crawford, EVP pharmacy services — have been named presidents of their divisions. In line with the change, two other senior officers — VP merchandising Bryan Pugh and Kim Feil, VP and chief marketing officer — now report directly to Wagner.

Previously, both Pugh and Feil reported directly to Wasson. “As a result, Greg has fewer direct reports,” one source inside Walgreens told Drug Store News. Prior to the change, the source added, “virtually all of the senior management team was directly reporting to Greg Wasson.”

The change brings the number of senior executives holding the title of division president to three. The first such post has been held by Hal Rosenbluth, SVP and president of Walgreens’ health-and-wellness division.

In line with the restructuring, Colin Watts, VP new product development and chief innovation officer, now reports to Crawford in pharmacy services.

One company insider described the management changes as a way “to assist in our execution efforts and have greater alignment across the organization.”

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

3M launches new pocket projectors for on-the-go use

BY Allison Cerra

ST. PAUL, Minn. 3M has added two new products to its line of pocket projectors, making it convenient to share presentations, videos and more.

The 3M MP160 and MP180 offer 30 lumens of brightness and a two-hour battery life. The projectors also include a touch screen, Wi-Fi connectivity and Bluetooth compatibility, as well as an integrated MP3 player, four gigabytes of internal memory, a micro SD card slot and USB outlet.

"The 3M MP160 and MP180 truly offer something for everyone," said Mark Colin, VP of the mobile interactive solutions division. "The MP180’s unmatched versatility and extensive feature set is perfect for the mobile road warrior, while the MP160 is an ideal accessory for those who don’t need a lot of extra features and prefer a straight pass-through device. And, with two-hours [of] battery life, people can rest assured that they will be able to get through just about any presentation without needing to recharge."

The MP180 carries an estimated price of $399, while the MP160 has an estimated price of $349. Optional accessories for all 3M pocket projectors are sold separately. The projectors currently are available for pre-order from Shop3M.com and Amazon.com.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
News

Targus expands EcoSmart line

BY Allison Cerra

NEW YORK A maker of laptop computer cases and accessories has launched a collection of sleeves for laptops and netbooks, as well as an eco-friendly clamshell case made of recycled plastic bottles.

Targus’ EcoSmart line now features the Impax laptop sleeve and the 16-in. Spruce EcoSmart clamshell. The Impax laptop sleeve features protective corner bumpers to reduce shock and wear, and easy-to-grip, nonslip materials. The sleeves fit netbooks with 10.2-in. screens, in addition to 14-in., 16-in. and 17-in. laptops. Prices for the Impax laptop sleeve range from $29.99 to $39.99, depending on size.

The new 16-in. Spruce EcoSmart clamshell is made of 100% recycled polyester material and features a soft and padded interior, a durable, rubberized bottom to prevent wear and tear, and plenty of room to store other essentials. It opens like a briefcase for easy access, while the ergonomic shoulder strap and grip makes the case easy to tote. The Spruce clamshell is available in black for an MSRP of $59.99.

"Targus has always been proactive in improving our product offerings through new technology and materials," said Kevin Nicusanti,VP soft goods at Targus. "We continue to expand our EcoSmart line of products and have incorporated new materials into our laptop sleeves, such as double-layered neoprene, scratch-resistant fleece lining and shock-resisting molded corners — features not typically found in the standard array of sleeves in today’s market."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?