OPERATIONS

CVS donates drug collection units to police departments nationwide

BY Katherine Boccaccio

Woonsocket, R.I. — CVS/pharmacy announced that it is teaming with The Partnership at Drugfree.org to create a community donation program that presents drug collection units to police departments across the country.

Through the Medication Disposal for Safer Communities program, local police departments can apply to receive a drug collection unit to help their communities safely dispose of unwanted medications, including controlled substances.

Up to 1,000 receptacles will be awarded to police departments through an application process that will launch on May 1 at cvs.com/safercommunities. CVS/pharmacy and The Partnership at Drugfree.org will obtain the drug collection units from MedReturn.

"As part of our on-going commitment to combat prescription drug abuse, we have participated in events for many years with law enforcement to help safely dispose of expired, unused or unwanted medication," said Josh Flum, senior VP of Retail Pharmacy at CVS Caremark. "Through this donation program, CVS/pharmacy and The Partnership at Drugfree.org will now provide our communities with a permanent drug disposal solution at their local police departments."

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Wal-Mart former chief retiring from board

BY Katherine Boccaccio

Bentonville, Ark. — Wal-Mart Stores, Inc. announced Wednesday that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors.

As well, current board member Chris Williams will not stand for re-election to the board of directors at Walmart’s Annual Shareholders’ meeting on June 6.

Scott will complete his service as a Director in June at the Annual Shareholders’ Meeting in line with Walmart’s historical practice for its prior CEOs’ board service. Williams is rotating off of the Board after 10 years of service inaccordance with Walmart’s corporate governance guidelines.

Scott served as Walmart’s president and CEO from January 2000 until his retirement on Jan. 31, 2009.

Williams is the chairman and CEO of investment bank The Williams Capital Group, L.P.

With Scott’s and Williams’ retirement, the Walmart board will consist of 14 directors, all of whom will stand for re-election to the board at Walmart’s Annual Shareholders’ Meeting on June 6.

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Report: Postal union plans protest at Staples stores

BY Katherine Boccaccio

Washington, D.C. — The American Postal Workers Union will stage a protest in Staples stores across 27 states on Thursday, in objection to the office supply retailer’s opening of in-store postal counters staffed by Staples employees.

In 2013, Staples launched its postal pilot program, introducing in-store postal services that today includes about 80 stores. According to a report by the Associated Press, the union objects because the program replaces well-paid union workers with low-wage nonunion workers.

The union says the program could result in postal layoffs and the closing of post offices, and said in a statement that postal workers "have taken an oath to protect the sanctity of the mail," unlike poorly trained retail workers. The union wants the counters staffed by uniformed postal workers, according to the report.

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