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REI veteran is new Bartell Drugs president
Bartell Drugs has selected former REI executive Brian Unmacht as its new president.
Prior to joining the 63-store pharmacy retailer, Unmacht served as REI’s EVP and CEO. He has served as a member of Bartell Drugs’ board of directors since 2011.
Bartell Drugs’ chairman and CEO George D. Bartell said that filling the position at the family-owned company supports future succession plans as it celebrates its 125th anniversary in 2015. Bartell Drugs is the oldest and largest family-owned drug store chain in the United States.
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Study: Retail mall vacancies rise in Q4
New York – Retail mall vacancies slightly rose in the fourth quarter of 2014, from 7.9% in the prior quarter to 8%. According to real estate research firm Reis Inc., the closure of 200-plus Sears stores during the year drove the increase, the first recorded since the third quarter of 2011.
