Jennifer Fleiss is a co-founder of Rent the Runway and will lead Code Eight at Walmart.
For its 2017 fiscal fourth quarter ended March 4, Rite Aid reported revenues of $8.5 billion and a net loss of $21.1 million. Its adjusted net loss came in at $3.2 million, which bested Wall Street estimates.
Mike Withers will lead the company's East Region operations, while current EVP, Retail Operations Susan Morris will lead the West Region.
Actions being taken are part of Sears’ continuing corporate restructuring program.
In addition to Gourlay’s appointment, Mark Panzer, SVP pharmacy, health and wellness of Albertsons, was elected the National Association of Chain Drug Stores’ vice chairman, and Helena Foulkes, EVP of CVS Health and president of CVS Pharmacy, was elected NACDS treasurer.
The retailer announced it will open 70 new in-store Sephora shops in J.C. Penney locations and also expand 32 existing shops by nearly 50% to accommodate more products and services.
Colleen Lindholz has been president of The Little Clinic since 2015 and takes over pharmacy duties from Philecia Avery, who Kroger said resigned the company earlier this month to pursue other interests.
Steven B. Rossi, CEO of Digital First Media, and Timothy A. Barton, former CEO of Freightquote.com, which he founded in 1998, to its board of directors, effective immediately.
“Future value targeting” was the buzzword from Sunday morning’s NACDS Annual Business Program. NACDS’ “Future Value Targeting” initiative will continually look forward and anticipate the underlying issues that will impact the industry.
“Only 8% of leaders are good at both strategy and execution, which means you must discover the sweet spot of knowing yourself, your competitors and your terrain. The very best win with ‘ideas’ and are obsessed with their front-line customer relationships.” That was one of the key messages conveyed by Elevation Forum founder and Mack Elevation leader Dan Mack at the most recent Elevation Form held in Scottsdale, Ariz., on Friday.