Tag Archives: Duane Reade

Walgreens Balance® Rewards Program Expands Opportunities to Earn Points for Healthy Behavior

By Business Wirevia The Motley Fool

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Walgreens Balance ® Rewards Program Expands Opportunities to Earn Points for Healthy Behavior

Earning valuable rewards is even easier for more than 60 million members

DEERFIELD, Ill.–(BUSINESS WIRE)– Since the launch of the Balance® Rewards loyalty program, Walgreens (NYS: WAG) (NAS: WAG) has awarded more than 15 million points just for healthy behaviors such as walking. Today, the company announced members can participate in additional health-related activities and goal tracking to earn even more points to redeem for valuable rewards.

Previously, members earned points for physical activity through participation in the Walk with Walgreens program, and 10 points were awarded per mile walked. Now, walking, running and weight management goals can be logged and tracked through Steps with Balance Rewards. Members will receive 20 points per mile, as well as 20 points per day for tracking their weight. Users also can log individual frequent activities that will earn points when recorded.

“By enhancing our loyalty program to further promote healthy behaviors, we’re encouraging customers to take steps to help them achieve overall wellness,” said Graham Atkinson, Chief Marketing and Customer Experience Officer, Walgreens. “It’s also another way Walgreens helps people get, stay and live well.”

Members can register for Steps with Balance Rewards simply by signing into their Balance Rewards account online or through the Walgreens mobile app. Additionally, members can sync wireless activity trackers such as Fitbit, Withings and BodyMedia to automatically load the number of steps taken – each device linked will earn 250 points. Fitbit and BodyMedia provide wireless activity trackers, and Withings offers wireless scales.

In order to help participants stay motivated and maintain a healthy lifestyle, Walgreens is making it easy for members to set goals, which earn 250 points for the first goal set, track progress and find encouragement from virtual community members. Members can also promote their participation by sharing their activity badges within social media.

In addition to the expanded healthy living opportunities, customers also can earn points for the following:

  • Featured Items: Each week Walgreens and Duane Reade offer select items that are eligible to earn points. These products are featured in weekly ads and can be identified by easy to recognize blue tags.
  • …read more
    Source: FULL ARTICLE at DailyFinance

Silicon Valley’s New Doctor Could Transform Health Care

By Breaking News

Doctor and Patient SC Silicon Valley’s New Doctor Could Transform Health Care

Silicon Valley companies have a new doctor, and he may be the future of health care. Dr. Jay Parkinson is founder of a digital primary care practice called Sherpaa, in which patients use email and phone tech to have their ills diagnosed from any distance:

Have a mysterious rash? Send a photo of it to Sherpaa, reply to a few e-mails (Are you sure it’s not a bruise? Do you have bed bugs?), and proceed to the nearest Duane Reade to pick up your prescription.

Started just last year, Sherpaa already has 500 customers from 30 different companies. Many of these clients and firms are attracted by the promise of lower costs. The company claims its clients can save up to $4,000 per year per employee compared to traditional primary care practices. In spirit and clientele, Sherpaa is well suited for tech oligeeks and Silicon Valley types:

This may seem like health care for the “OMG, I’m sick ” generation, but clients include high-tech players in New York like Tumblr, Skillshare, General Assembly and Hard Candy Shell. “We’re tech-savvy doctors,” [Parkinson] said, “for tech-savvy patients”….

Read More at the American Interest .

Photo Credit: caroline_1

…read more
Source: FULL ARTICLE at Western Journalism

New CEO Watch: Will RadioShack Start Selling Prescription Drugs and Root Beer Floats?

By 24/7 Wall St.

cash register, not full

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If you hear word associations sometimes, what is the first competing company that would come to mind when you hear RadioShack? Most will say Best Buy Co. Inc. (NYSE: BBY), while others will list other local technology retail chains in their town or city. So what about thinking of the store Walgreens after RadioShack?

RadioShack Corp. (NYSE: RSH) finally has hired a new replacement chief executive. Joseph C. Magnacca has been appointed CEO of the troubled RadioShack with an effective date of February 11, and he will also be on the company’s board of directors. The company called the 50-year old Magnacca an experienced retail executive and merchant, and he is currently the executive vice president and president of Daily Living Products and Solutions for Walgreen Co. (NYSE: WAG). Magnacca oversees all of Walgreen’s marketing and merchandising operations, covering more than 8,000 stores.

Magnacca has a challenge ahead of him. The good news is that he knows how to handle thousands of stores. RadioShack’s retail network includes approximately 4,700 company-operated stores in the United States and Mexico, as well as about 1,500 wireless phone centers in the United States and about 1,100 dealer and other outlets worldwide.

The bad news is that Daily Living Products and Solutions for Walgreen is not exactly a direct fit for a troubled electronics company. We will not bash the appointment for one simple reason. There are probably very few CEOs who would 1) be able to meaningfully turn RadioShack around and 2) want to take on the challenge. Here is what RadioShack said of Joe Magnacca:

He has also been responsible for the integration of the Duane Reade drugstore chain. He was president of Duane Reade at the time of its acquisition by Walgreen in 2010, and before that chief merchandising officer, undertaking the successful transformation of Duane Reade through the creation of an innovative urban operating model and customer experience. Mr. Magnacca’s previous senior management experience includes merchandising and marketing roles at two of Canada‘s leading retail chains. He spent seven years as senior vice president at Shoppers Drug Mart, where he was instrumental in the company’s turnaround, and fifteen years at Loblaw, where he began his career. In 2010, Joe was named Merchant of the Year for Drugstore Retailing by Chain Drug Review magazine.

RadioShack said that the company expects Magnacca to be a be a catalyst for change. The company expects that he will refine RadioShack’s merchandising strategies and will reinvigorate the shopping experience for customers, and that he will be able to build sustainable value for RadioShack’s shareholders.

So, what we want to know is how RadioShack will really be changed. Magnacca has a drug store background. Bringing new merchandise strategies and reinvigorating a shopping experience are no easy task. Building shareholder value is also something that has been elusive for years and years at RadioShack. Go ask Julian Day how easy running that turnaround that couldn’t get turned …read more
Source: FULL ARTICLE at DailyFinance