Aug. 13, 2010 at 9:48 a.m.
Filed under:
Chicago executives,
Food
By Mary Ellen Podmolik
U.S. Foodservice, the Chicago area’s largest privately-held company, announced Friday that it appointed John Lederer as its new president, chief executive and a member of the company’s board of directors.
Lederer presently is chairman and CEO of Duane Reade, a New York-based drugstore chain recently acquired by Walgreen Co. At the Rosemont-based foodservice giant, he succeeds Robert Aiken, who resigned to join Chicago private equity firm Bolder Capital LLC earlier this year. Get the full story »
Aug. 4, 2010 at 9:42 a.m.
Filed under:
Earnings,
Retail
By Reuters
U.S. drugstore chain Walgreen Co. reported a weaker-than-expected rise in July same-store sales, hurt by sales of lower-priced generic drugs and decreased sales of flu remedies.
Sales at drugstores open at least a year rose 0.4 percent compared to July 2009, less than the 1.6 percent expected by analysts, according to Thomson Reuters data. Get the full story »
