PFresh express rolls on at Target
MINNEAPOLIS — Another 90 Target stores are slated to receive fresh food in June as part of a major remodeling initiative that has become known simply as PFresh.
The stores will remain open during the remodeling process and are scheduled for grand-reopening on June 24. The 90 stores currently being remodeled represent the second of three waves of stores that will undergo transformation to the PFresh store design, so named because the most significant change involves the allocation of roughly 10,000 sq. ft. to fresh foods and expanded freezer and cooler doors.
“We are excited to incorporate our enhanced food assortment into additional stores in June,” Target SVP grocery Annette Miller said. “By remodeling these stores, we bring an expanded offering of fresh food and added convenience to our guests in these communities.”
Beyond the grocery aisles, most of Target’s new and remodeled general merchandise stores also feature updates in such other areas as beauty, home, shoes and baby. By year end, more than 1,100 Target stores will be operating under the PFresh format and the extensive remodeling program will be in its final phases.
In fact, this year marks a significant deceleration from the breakneck pace of activity seen the past two years when upwards of 350 stores were remodeled each year. A total of 230 remodels are planned for this year with the first wave of 100 remodels already complete in March. The 90 due for June leaves only about 40 remodels left for completion in October.
To view a complete map of Target store locations receiving the expanded grocery layout in June 2012, as well as those that received the remodel in the March 2012 cycle, check out Freshfood.target.com.
Former President George W. Bush addresses executives at NACDS Annual
PALM BEACH, Fla. — Former President George W. Bush addressed attendees of the National Association of Chain Drug Stores’ Annual meeting here Tuesday morning, followed by a question-and-answer session with new NACDS chairman Greg Wasson.
Wasson asked Bush to talk about the inclusion of prescription benefits to the Medicare program, which went into effect during Bush’s administration in 2006. "It makes no sense to have a system that does not change with the time," Bush said. "The market moved, but the government system didn’t," he said. "The benefit is Medicare in the first place. … To modernize it required prescription drugs."
The former president also spoke to the economy: "The goal ought to be private sector growth," he said, and any solutions to today’s economic malaise needs to incorporate a close examination behind what drives that private sector growth and subsequent job creation: small businesses.
The former president also shared several insights on leading corporations out of his mémoire, "Decision Points."
One of the key attributes of a successful leader included "knowing what you don’t know … and finding people who do know," Bush said. Incessant optimism also is a criteria for a good leader. "You cannot lead without being optimistic," Bush said. "[People need to know] the decisions you’re making will lead to a better tomorrow."
Also, Bush noted that "firm beliefs and principles" are prerequisites to help guide an organization toward continued success.
Three new members join NACDS Foundation’s board
PALM BEACH, Fla. — The charitable arm of the National Association of Chain Drug Stores has elected three new members to its board of directors.
The board, which now will expand to 23 members for 2012-2013, include Rite Aid’s SVP and chief communications officer Susan Henderson; GlaxoSmithKline VP channel development and sales Joseph Kucharski; and Pfizer Worldwide Pharmaceuticals VP corporate government customers David Moules.
"We welcome Susan Henderson, Joseph Kucharski and David Moules to the NACDS Foundation Board, and look forward to working with them in their new roles," NACDS Foundation president Kathleen Jaeger said. "The NACDS Foundation Board strives to implement the Foundation’s vision and mission to advance public health. Composed of leaders from all sectors of community pharmacy — retailers, pharmaceutical companies and consumer product businesses — the board will continue to utilize opportunities in education, research and charitable activities to help people improve their health and quality of life in the coming year."
In addition to the new members, NACDS president and CEO Steve Anderson was elected to serve as chairman of the NACDS Foundation board of directors; Jaeger will serve as president; R. James Huber, NACDS EVP and CFO, will serve as treasurer; and Nicki Robins, NACDS assistant general counsel, will serve as secretary. All officers will serve a one-year term.