CVS Health opens Fort Bragg training facility
WOONSOCKET, R.I. — CVS Health has opened a new Talent Connect Center that will serve the Fort Bragg, N.C. military community as part of the newly dedicated Fort Bragg Career Resource Center. The center serves as a skills-focused employment training facility that connects service members leaving active duty with companies who can offer training and employment.
"By 2020 the health care industry will need a projected 5.6 million highly-skilled workers, like our veterans, necessary to compete and grow and there is no reason why we can't 'connect' the two," CVS Health EVP and chief human resources officer Lisa Bisaccia said. "The Talent Connect Center is designed to expertly walk veterans through the expanded opportunities at CVS Health, which extend past retail and into distribution, IT and nursing, providing a gateway into high-demand, good paying fields."
The new Talent Connect Center combines virtual technology with hands-on support throughout the human resources process — offerings resume assistance, simulated interviewing practice and a chance to speak with department leaders to learn about the company’s opportunities. CVS Health will be among 20 other companies in the Career resource centers. Because it is equipped with video conferencing technology to reach people beyond Fort Bragg, the TCC will offer management, retail and logistics training to active duty soldiers wtithin 180 of separation from the military through the Army Career Skills Program.
"When I first made the decision to leave the military, I was all over the place on what to do next," said Leo Trimble, a former Army signal support technician who CVS Health helped transition into the workforce and is now a CVS Health field support technician. "I was drawn to CVS Health because they helped me to identify IT opportunities that allowed me to continue to do what I love. I wouldn't change where I am today for anything."
Since 2015, CVS Health said it has hired roughly 8,000 people with military experience and more than 2,300 military spouses. The Dept. of Defense estimates that through 2019, service members will continue to leave the armed forces at a rate of around 200,000 per year.
"As a new generation of service men and women come home, we owe them every opportunity to live the American Dream that they helped to defend," said CVS Health VP workforce solutions and chief diversity officer David Casey, who also served as a U.S. Marine Corps sergeant during Operation Desert Storm. “The Talent Connect Center is dedicated to helping to make the transition process easier for veterans through in-person and virtual skill-building, training and mentoring, and to create an environment that values diversity, leadership and working collaboratively."
Fred’s promotes Jenne to CFO
MEMPHIS, Tenn. — Fred’s Pharmacy has promoted one of its own to lead the company’s finances. The company on Wednesday named Jason Jenne EVP and CFO, effective immediately, succeeding outgoing CFO Rick Hans, who it said was departing to pursue other opportunities.
Jenne, a certified public accountant with more than 25 years’ experience in finance and operations, joined Fred’s in September 2016 as SVP finance from golf shaft manufacturer True Temper Sports, where he was president and CEO. During his 18-year tenure at True Temper Sports, he held such titles as CFO and COO. During his time at Fred’s, he has been an integral part of the company’s healthcare strategy implementation and other efforts.
“Jason’s leadership experience and in-depth knowledge of finance and operations ideally qualify him to be the next Chief Financial Officer of Fred’s Pharmacy,” Fred’s CEO Mike Bloom said. “Jason is an integral member of our leadership team and over the past year he and I have worked closely together as we navigated the proposed Rite Aid transaction, implemented a new healthcare strategy and pursued additional growth opportunities for Fred’s Pharmacy. As we execute our plan, Jason’s strategic insight and financial expertise will be invaluable in our ongoing efforts to improve performance and create shareholder value.”
In his new capacity, Jenne will lead financial and risk management for the company, and will ensure that its finance organization enables Fred’s to execute on its healthcare transformation, He will oversee cashflow, SG&A management and capital allocation strategy.
“I am excited to have the opportunity to lead Fred’s Pharmacy’s financial team at this important stage in the Company’s transformation,” Jenne said. “Fred’s is a company with significant growth potential and a strong team in place to drive shareholder value. I look forward to continuing to work closely with Mike and the rest of the senior leadership to accelerate the execution of the company’s business plan.”
Bloom also thanked Hans for his service.
“I want to thank Rick for his contributions to Fred’s Pharmacy and for his commitment to facilitating a seamless transition,” Bloom said. “We wish him all the best in his future endeavors.”
Alibaba’s Hema melds online, offline grocery
HANGZHOU, China — Alibaba has stepped up its efforts to combine physical retail with online in the supermarket space.
The Chinese e-commerce behemoth has opened three new membership supermarkets, under the Hema banner in Beijing and Shanghai that seamlessly blend offline features with physical retail. The shopping experience starts with a download of the Helma mobile app, which links up to a customer’s Taobao or Alipay account. Using the app, customers can shop from their homes, and also order fresh food to have it prepared by the Hema chefs and delivered within 30 minutes.
Customers who prefer to shop in store can also select items to be cooked for carry-out, delivered to their nearby home or office, or they can eat it on the spot in the store’s dining area. Hema stores look like normal supermarkets, with a selection of packaged foods, produce, seafood, beverages and other goods. Every item has a scannable bar code, which yields price and product information, including its origin and backstory (if there is one.) Customers scan the code and complete their electronic purchase through Alipay at a checkout register before leaving the store.
The Hema user experience is enhanced through big data, according to Alibaba. Because customers shop through the Hema mobile app, every purchase is logged, and their preferences are saved, giving them a personalized product page.
"We believe the future of New Retail will be a harmonious integration of online and offline, and Hema is a prime example of this evolution that's taking place," said Daniel Zhang, CEO of Alibaba Group, said in a statement. "Hema is a showcase of the new business opportunities that emerge from online-offline integration.”
Since 2015, Alibaba has opened 13 Hema markets, with ten in Shanghai, two in Beijing, and one in Ningbo.