Walgreen Co.

By Todd Maute, [email protected]

New York – Duane Reade is running a three week, omnichannel social media marketing campaign to raise awareness of Duane Reade brand hosiery products. The "Boo-tiful Legs" Halloween contest calls for entrants to upload their original photos wearing Duane Reade brand hosiery with their Halloween costume, via a Duane Reade Facebook page FanGate, through Nov. 3.

Deerfield, Ill. -- Walgreens has restructured its senior leadership, elevating Jim Jensen to VP daily living implementation and space planning, and naming Moe Alkemade as general merchandise manager.

Beth Stiller has been named group VP retail brands and global sourcing.
 
All appointments are effective Nov. 4.

Walgreens has fine-tuned its management structure, most notably elevating Jim Jensen to VP daily living implementation and space planning, where he will be looking at maximizing merchandising initiatives against space optimization in the stores.

Moe Alkemade will assume the role of general merchandise manager handling seasonal, sundries and consumables. Beth Stiller has been named group VP retail brands and global sourcing.

All appointments are effective Nov. 4.

Deerfield, Ill. -- Walgreens announced it is launching a full suite of integrated financial services, Balance Financial, in phases over the coming months. The services are all built around the chain’s new Balance  Financial Prepaid MasterCard.

Balance Financial is currently offered to customers of more than 250 Walgreens locations in Detroit, Milwaukee, and Nashville, with a nationwide card rollout expected before year end and additional financial services in 2014.

Walgreens plans to launch a full suite of integrated financial services, Balance Financial, in phases throughout the next few months. 

The services are all built around the chain’s new Balance Financial Prepaid MasterCard. Balance Financial is currently offered to customers of more than 250 Walgreens locations in Detroit, Milwaukee and Nashville, with a nationwide card rollout expected before year end and additional financial services in 2014. Balance Financial is powered by Galileo, a leader in advanced payment processing solutions.

Deerfield, Ill. – Net earnings for Walgreen Co. soared in both the fourth quarter and full fiscal year 2013. Net earnings during the fourth quarter totaled $657 million, an 86.4% increase from $353 million in the same quarter a year ago, while net earnings for the full year rose 15.2% to $2.5 billion, from $2.1 billion.

Walgreens filled a record 821 million prescriptions which helped boost the company’s retail pharmacy market share for the fiscal year to 19.1%. 

Walgreens posted a sales gain of 0.8% for the fiscal year ended Aug. 31, reaching a record $72.2 billion. Early morning trading boosted Walgreens' share price from a close of $53.80 on Monday to $56.06, an increase of 4.2%.

Deerfield Park, Ill. – The Walgreen Company won a North American Innovation in Loyalty Marketing award at the recent Colloquy Loyalty Awards. The award recognized Walgreens’ achievements with its Balance Rewards program.

Colloquy cited achievements such as obtaining 72 million members between its September 2012 launch and May 2013, as well as producing a year-over-year sales increase of 4.3% and year-over-year average basket size increase of 4.7% in May 2013.

Boulder, Col. -- Publix Pharmacy is North America’s favorite based on customer satisfaction, according to a new study of 3,600 consumers conducted by customer intelligence solutions provider Market Force Information. Target was a close second and Kroger ranked third. All three received high marks in operational attributes such as service, cleanliness, atmosphere and checkout times.

Walgreens and CVS/pharmacy ranked the highest when those consumers were asked to name their pharmacy chain, with 18% identifying Walgreens and 17% CVS.