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Walmart to rebrand Express format

BY Michael Johnsen

 

BENTONVILLE, Ark. — Walmart on Tuesday stated it will rebrand its small Express grocery format to the Walmart Neighborhood Market, according to published reports. 
 
All future Express stores, which average around 12,000 sq. ft., will open under the Neighborhood Market banner. The 21 existing Express stores will be rebranded. 
 
The reason behind the name change is that consumers use both formats for the same purpose — in-and-out shops, fill-in trips and prescription refills. Both formats have more grocery items with limited general merchandise, fuel and pharmacy.
 
In February Walmart announced plans to increase its capital investment in smaller formats from 120 to 150 new stores for the fiscal year to between 270 and 300.  Fresh food- and pharmacy-driven comp sales across its Neighborhood Market banner, which is larger at 38,000 square feet, was the impetus behind that decision. 
 

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CVS Health names EVP for strategy, policy and market development

BY Antoinette Alexander

 

WOONSOCKET, R.I. — CVS Health has named Mary Langowski EVP for strategy, policy and market development, effective Oct. 14.

Langowski will join CVS Health from international law firm DLA Piper where she serves as the chair of the Health Care Policy and Regulatory Practice and the co-chair of the Food and Beverage Sector.

In her new role at CVS Health, Langowski will direct CVS Health's strategy and market development functions, with a focus on identifying and expanding enterprise opportunities to new markets as the company plays an increasingly prominent role in the evolving health care system. Her portfolio will also include leading the company's government affairs and policy development teams at the state and federal level providing counsel to help navigate the policies, regulations and market trends that today's health care companies face.

"As health care continues to evolve, CVS Health is committed to delivering solutions for better health to our customers and the patients we serve. We need a leader who understands our business fundamentals and how they intersect with health care policy and the political landscape," stated Thomas Moriarty, EVP, chief health care strategy officer and general counsel at CVS Health.
 
"Mary's deep expertise in helping clients translate nuanced public policy into actionable business strategy will make her an invaluable asset to our leadership team," stated Moriarty. "Her experience in analyzing and shaping health care policy at every level of government gives her a unique perspective on our competitive landscape, our operations and our strategy going forward."

Langowski's experience spans the private, nonprofit, and public sectors. Prior to her role at DLA Piper, Langowski served in senior positions at Alston & Bird and Sonnenschein Nath & Rosenthal where she provided strategic counsel to clients with a special focus on health care.

In addition to her private-sector experience, Langowski served as a senior health care policy advisor for Sen. Tom Harkin from 2001 to 2004, and was the chief policy advisor at the Iowa Department of Public Health under Gov. Tom Vilsack.

"I am delighted to join CVS Health," Langowski said. "As America's premier pharmacy innovation company, CVS Health stands on the front lines of health care delivery bringing vital products and services to millions of consumers in virtually every community from coast to coast. I look forward to joining the leadership team of this dynamic company to help better serve CVS Health's clients and customers, foster growth for CVS Health, and help the company drive innovation in our health care system to provide higher quality, more affordable care and improved patient health."

 

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RAP Protein Gummies introduces protein gummy product

BY Michael Johnsen

CHICAGO — Nearly 60% of Americans are looking to increase their protein intake, however, many don't enjoy the taste of traditional bars or shakes, reported RAP Protein Gummies, which brought a protein gummy product to market Wednesday. 
 
The new gummies are fat free, gluten free and come in three fruit flavors: strawberry, mixed berry and citrus. A single serving pouch containing 25 to 35 gummies provides 20 g of protein, and features whey protein isolate, a fast-absorbing protein. 
 
"We're excited to launch RAP Protein Gummies as a great-tasting and innovative alternative within the protein category," stated Michael Sayles, head of marketing for RAP (rapid acting protein). "RAP is a consumer-driven proposition. We conducted a significant amount of research and designed the product to meet the wants and needs of protein consumers who are tired of traditional bars and shakes." 
 
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