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Walgreens has promoted Joseph Magnacca from senior vice president to executive vice president, and he will retain his title as president of daily living products and solutions.
Magnacca oversees Walgreens merchandising and inventory strategy, private brands, insights and analytics, and the New York-based Duane Reade drugstore chain, which Walgreens acquired in 2010. A retail industry veteran of more than 20 years, Magnacca joined Duane Reade in 2008 as senior vice president and chief merchandising officer. He was later promoted to executive vice president at Duane Reade, then to president of the drugstore chain after its acquisition by Walgreens.
He was named Walgreens president of daily living products and solutions in 2011. Earlier in his career, Magnacca served as vice president of marketing and merchandising for Loblaw, Canada’s leading food distributer and provider of general merchandise products and services, and as executive vice president of merchandising and category management for Shoppers Drug Mart, the largest drug chain in Canada.
Walgreens Vice President of Retail Brands Moe Alkemade will be a keynote speaker at the PLB 360 Conference in Chicago on June 11-13. He will discuss how Walgreens optimized its private brand business presentation.
In addition, there will be a tour of Walgreen’s second flagship store in Chicago, in the neighborhood of Bucktown on June 11. The store opened in the fall of 2012, and a representative from Walgreen’s will be on hand to guide the tour and answer questions.
For more on attending the PLB 360 Conference, visit http://www.plbuyerconference.com/.