OPERATIONS

Rite Aid promotes pharmacy exec to VP of managed care

BY Dan Berthiaume

Camp Hill, Pa. – Rite Aid Corp. has promoted Tammy Royer, a long-time member of Rite Aid’s pharmacy division, to group VP of managed care. In her new role, Royer will oversee all aspects of managed care, including contracting, maintaining relationships with managed care organizations, pharmacy benefit managers and third-party payers and developing new strategic partnerships.

Royer, a licensed pharmacist, joined Rite Aid in 1996 as a pharmacist and since then has held field and corporate positions with increasing responsibility, most recently serving as VP of pharmacy initiatives and clinical services. She will report directly to Chris Hall, Rite Aid senior VP of pharmacy services.

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OPERATIONS

Neiman Marcus launches new blog

BY Dan Berthiaume

Dallas – Neiman Marcus is introducing a redesigned blog entitled, the blog. This replaces the brand’s existing blog, NMdaily.

According to Neiman Marcus, the blog upgrade was in response to shifts in the social media landscape. Designed to showcase rich visual content, the blog offers options for full-screen viewing, enables commenting and allows content to be shared via social networks. Updates from Neiman Marcus Instagram, Pinterest, Twitter and Facebook pages will be featured, along with editors’ picks and reviews featuring e-commerce links.

In addition to editorial content, the blog features a press room where fashion editors and bloggers have access to the retailer’s latest press releases and photo assets for their own use.

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FINANCE

Law firm investigates claims against Genesco

BY Dan Berthiaume

Nashville, Tenn. – Harwood Feffer LLP is investigating potential claims against the board of directors of Genesco Inc., concerning whether the board has breached its fiduciary duties to shareholders. On August 29, 2013, Genesco disclosed that it may be forced to restate certain financial statements due to potential violations of generally accepted accounting principles.

The investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the company, and/or committed abuses of control in connection with the foregoing. Shareholders can contact Harwood Feffer for more information.

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