Duane Reade senior vice president D’Arezzo resigns
NEW YORK Duane Reade announced on Wednesday that David D’Arezzo, senior vice president and chief marketing officer, has resigned, effective April 17.
According to Duane Reade, DOArezzo is leaving to assume a senior management position at a large southwest regional company. Additional details were not immediately available.
The Manhattan-based pharmacy retailer is currently searching to fill the chief marketing officer position.
“Dave has been a key contributor to our success over the last two years and the company is well-positioned largely due to his efforts to elevate our product offerings and strengthen the Duane Reade brand proposition,” said newly appointed chairman and chief executive officer John Lederer. “We thank him for his service to Duane Reade, as well as his leadership at an important time in the company’s history, and wish him well in his new role.”
On March 31, Duane Reade announced that Lederer, formerly Loblaw Cos. president, would assume the role of chairman and chief executive officer.
Lederer succeeds Rick Dreiling, who left Duane Reade in late January to steer the ship at discount store chain Dollar General. Since that time, D’Arezzo had served as interim chief executive officer.
In announcing Lederer’ appointment, the company stated that D’Arezzo would continue his responsibilities as senior vice president and chief marketing officer under Lederer.
Beauty.com to take part in Kaboodle’s Brand Program
SUNNYVALE, Calif. Kaboodle, a fast-growing online social shopping community where people discover, recommend and share products, announced Tuesday that it will create brand profiles and enable retail partners to claim and manage their profiles on Kaboodle, including drugstore.com’s Beauty.com site.
“We are excited to take part in Kaboodle’s Brand Program, where we see a unique opportunity to engage with the Kaboodle community through our drugstore.com and Beauty.com brand profile on Kaboodle,” stated drugstore.com chief marketing officer David Lonczak. “In addition, we will soon incorporate the ‘Add to Kaboodle’ button next to products on Beauty.com, and plan to do the same on drugstore.com in the near future, making it even easier for products to be added to personal Kaboodle pages,” he said. “Our brands’ profiles on Kaboodle will simplify the process of drawing valuable insight from our customer interactions, and will afford us the chance to engage with the Kaboodle shopping community to further our brand loyalty among their users as we reach out to the brand savvy consumer.”
Kaboodle’s Brand Program is designed to help retailers and brands build awareness within the Kaboodle community, enhance relationships with customers, and take advantage of unique merchandising and sales opportunities. Kaboodle’s program includes advertising and affiliate opportunities, contests and giveaways within the Kaboodle community, “Add to Kaboodle” buttons which can be syndicated to partners’ online stores, and now brand profiles in Kaboodle.
Kaboodle has more than six million monthly unique visitors and more than 500,000 registered users who have added three million online products to the site.
European market regulators give OK to Coors, Miller merger
LONDON and DENVER, Colo. In the spirits market, the European Commission has given two formerly rival beer brands the go-ahead to marry.
The European Commission yesterday approved a proposed merger between the Coors Brewing Company of Colorado and the U.S. and Puerto Rican operations of Miller Brewing Co. of Milwaukee. The new company will be called MillerCoors.
The media has reported that the EC waved the green flag after finding no competitive concerns in Europe.
Parent companies of Coors and Miller, Molson Coors Brewing Company of Denver, Colo., and SABMiller of London, agreed last October to merge operations of Coors and Miller. The merger completed a plan to better compete with Anheuser-Busch Cos. Inc. of St. Louis, Mo.