Exclusive Videos: CSA TV interviews at RECon 2014
Senior editor Katherine Boccaccio and editor-in-chief Marianne Wilson sat down with retail real estate leaders and analysts in Las Vegas at RECon 2014. See what each industry expert had to say about the retail landscape, trends in the industry, and projects to keep an eye on.
Walmart to expand online price comparison tool
New York — Walmart plans to expand its online price comparison tool, Savings Catcher, that compares prices on select products with those of some of its competitors to cities nationwide over the next few months, the Associated Press said. The retailer is also adding more products to the tool, which will now be available on Walmart’s mobile app.
The retailer debuted the online feature in seven markets in March. If the customer using the tool finds a lower price elsewhere, the chain will refund the difference to shoppers in the form of an online Walmart gift card.
"This is what Wal-Mart should be doing — throwing down the gauntlet once and for all that they will not be beat on price." said Cameron Smith, who heads up a leading recruiting firm called Cameron Smith & Associates that hires executives for suppliers of Wal-Mart, in the AP report.
Veteran pharma exec Michael Cantrell heads to Shopko
Shopko has tapped veteran pharmacy executive Michael Cantrell as the company’s new SVP of retail health. Cantrell will report to CEO Peter McMahon.
A registered pharmacist and licensed attorney, Cantrell is joining Shopko from Delhaize America, where he was VP of pharmacy. Prior to Delhaize America, he held various executive positions at AmerisourceBergen and Longs Drugs.
“Mike brings high-level pharmacy experience, a proven track record of success and a fresh perspective to Shopko’s pharmacies, optical departments and Rx Care areas,” said McMahon. “His unique combination of legal and pharmacy experience will make him an invaluable resource as we look to strengthen and expand the health and wellness services provided to our customers.”
Previously, Cantrell was group VP of managed networks at AmerisourceBergen Corporation where he was named president of the company’s Good Neighbor Pharmacy Network. Cantrell also served as VP of professional services and chief privacy official for Longs Drug Stores, where he was named to the board of RxAmerica, the chain’s wholly owned pharmacy benefit manager.
Cantrell has a BA degree in chemistry from the University of Northern Colorado, a B.S. degree in pharmacy from the University of Utah, and a J.D. degree from the former Peninsula University. He is a registered pharmacist and is a current member of the State Bar of California.