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Sears picks former CVS/Rite Aid exec to lead Kmart pharmacy
Sears Holdings has a new leader for its Kmart pharmacy division. The company announced that it has hired Phil Keough as SVP and president, pharmacy.
Keough most recently served as CEO and president of Millennium Pharmacy Systems, a long-term care pharmacy provider, and led the sale of the company to PharMerica.
In his new role with Sears Holdings, Keough will be responsible for leading the Kmart Pharmacy business unit and driving Shop Your Way member engagement to enable online and in-store growth of the company’s Health & Wellness businesses.
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Family Dollar shareholders approve Dollar Tree deal
New York -- After months of delay and a failed bid by Dollar General, Family Dollar shareholders agreed to be acquired by Dollar Tree in a deal that creates a combined company with more than 14,000 locations, estimated annual sales of $19 billion and compelling growth opportunities.
Approval of the deal creates a new competitive dynamic in the world of extreme value retailing with the combination of Dollar Tree and Family Dollar making for a more formidable competitor to Dollar General and its nearly 12,000 stores.

