Walgreens vet Bryan Pugh joins Fred’s Super Dollar
MEMPHIS, Tenn. – Fred's Super Dollar on Wednesday announced several key management changes. Walgreens veteran Bryan Pugh has been named chief merchandising and marketing officer; Craig Barnes has been promoted to EVP supply chain, global and domestic logistics; and Mike Holligan has been promoted to EVP store operations.
"Working together with Mike Bloom, our president and COO, we are now assembling a solid, experienced management team that complements our pharmacy team to drive growth in market share and improve profitability," stated Jerry Shore, Fred's CEO. "We are very excited about how this team has come together and the opportunities ahead for Fred's."
"I am very enthusiastic about the experience that this leadership team brings to their respective roles and the way they position Fred's to drive profitability and to grow the convenience/pharmacy-centric model," Bloom said.
Bryan Pugh brings to Fred's 30 years of retail experience. Among his many roles at Walgreen's for the last six years, he served as chief merchandising officer responsible for $27 billion in sales. Prior to Walgreen's, Pugh worked for Tesco, where he was EVP operations for Fresh & Easy Neighborhood Markets, COO and SVP merchandising and marketing for Tesco Lotus Stores.
As CMMO, Pugh will work to develop new and enhance current merchandising and marketing strategies and processes, promote stronger supplier partnerships, convert pharmacy patients to front-of-store customers, and build on the value proposition that Fred's offers its customers.
Prior to joining Fred's, Barnes held executive positions at AutoZone, CARQUEST and Delphi Automotive. He has had full responsibility for P&L management, supply chain and store operations management, global logistics, sourcing and inventory management. This move elevates his focus on supply chain as an enabler for improving operating margin. Barnes brings a unique skillset of merchandising, store operations, supply chain and sourcing that will drive the Company's plans to move from a distribution strategy to a fully integrated supply chain retailer, a critical step in becoming a low-cost operator.
In his short time as general merchandise manager, Barnes built a sourcing team, instituted improved processes and developed programs that promote supply chain improvements. The new initiatives and teamwork provides a solid foundation for Pugh and the entire Fred's organization to build upon.
Holligan's extensive experience in store operations began at Wal-Mart, where he spent 18 years before joining Fred's. While at Fred's, Holligan has successfully worked as district manager and regional VP store operations. He was a key leader in achieving store labor savings and inventory control while in those positions.
Currently, Fred's operates 661 discount general merchandise stores, including 19 franchised Fred's stores, in the southeastern United States.