Drug Store New sent out a midday bulletin last week when it learned that Walgreens merchandising guru David Van Howe would be leaving at the end of the year. It now explains why. Van Howe
played a major role in the company's success as the nation's most profitable drugstore chain, it says, but is seen as part of the company's old guard that has been replaced by a new breed of
relatively youthful merchants and consumer marketing experts.
"If any retail observer still doubted the determination of Walgreens' top managers to shake the company to its
foundation, recharge its merchandising mix and rejuvenate customer traffic and interest, the pending departure of David Van Howe should resolve any lingering doubts," the editors write.
advertisement
advertisement
Read the whole story at Drug Store News »