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Walmart faces new factory disaster in Bangladesh
Walmart and other retailers are facing renewed criticism over their global sourcing practices following another factory disaster in Bangladesh.
Reuters is reporting that a block of garment factories and shops collapsed in Savar, 20 miles outside Dhaka, on Wednesday, killing 251 people and injuring more than a thousand. According to the report, an unknown number of the more than 3,000 people who work at the factory remain trapped inside. For more information, go to: -
NACDS closes with lifetime achievement awards
PALM BEACH, Fla. — The NACDS Annual Meeting concluded with the board of directors dinner and the annual presentation of the industry’s lifetime achievement awards.
Renamed the Sheldon W. Fantle Lifetime Achievement Award in 1996 in honor of People’s Drug Stores’ Bud Fantle, the award was originally established in 1989 to recognize exceptional accomplishments and contributions to the industry.
Receiving the award this year were Bob Loeffler, former CEO of H-E-B and past NACDS chairman, and Chain Drug Review editor David Pinto.