Walgreen Co. to Buy Infertility Specialty Pharmacy
Deerfield, Ill., Walgreens Health Services, the managed-care division of Walgreen Co., has agreed to acquire N.J.-based Schraft’s A Specialty Pharmacy LLC. The family-owned pharmacy is one of the nation’s leading providers of advanced fertility medications and services. Terms of the agreement were not disclosed. The acquisition is expected to close later this year, pending regulatory approval.
“We’re excited to reach this agreement with Schraft’s and look forward to making their services accessible to Walgreens pharmacy patients,” said Ron Weinert, VP of patient services, Walgreens Health Services.
Retailers Eye World Trade Center Site
New York City, With designs for the new buildings already in motion, the next step in reconstructing the World Trade Center will be the entrance of retailers along Church Street.
Port Authority executive director Kenneth Ringler said that over the next several weeks, prospective developers would be able to pitch their plans. The Port Authority, owners of the 16-acre WTC area, will develop 200,000 sq. ft. of retail space on its own, and the Church Street side of the site will allow for another 300,000 sq. ft. of retail property.
The original World Trade Center included a 600,000-sq.-ft. shopping area.
Peet’s Coffee & Tea Names CMO
Berkeley, Calif., Specialty coffee roaster and retailer Peet’s has tapped Christine Lansing for its chief marketing officer position. Most recently she was VP of marketing and global innovation for The Hershey Company.