May 1, 2011
New “NACDS Total Store Expo” to build on NACDS’ reputation for cutting-edge events, maximize access among retailer-supplier partners and industry education
NACDS Chairman Larry Merlo, President and CEO of CVS Caremark, unveils plans during remarks at NACDS Annual Meeting
Scottsdale, Ariz. — Based on input from member companies and a long-term vision for bringing business partners together in an ever-more innovative conference environment, the National Association of Chain Drug Stores (NACDS) today announced a transformation of its conference program.
NACDS Chairman of the Board Larry Merlo, president and CEO of CVS Caremark Corporation, announced that, in 2013, NACDS will unify its current NACDS Marketplace Conference, NACDS Pharmacy & Technology Conference and NACDS Supply Chain & Logistics Conference into one new event – the “NACDS Total Store Expo.” The NACDS lineup of business meetings will continue to include the NACDS Regional Chain Conference and NACDS Annual Meeting in their current forms. For the remainder of 2011 and 2012, all NACDS meetings will proceed as scheduled.
“The NACDS Total Store Expo will deliver the precision and personalization that members have come to expect from current NACDS conferences, and will add the power of an unparalleled conference in our industry,” Merlo said. “After careful thought and study, we are convinced that the innovation we are announcing today will deliver even more power and value to the NACDS membership.”
The first NACDS Total Store Expo is scheduled for August 10-13, 2013, in Las Vegas, Nevada – the year of the 80th Anniversary of NACDS. The dates and locations of the conference in subsequent years will be announced moving forward.
Merlo said the NACDS Board of Directors approved this innovation in the NACDS conference schedule based on input from NACDS members generated through ongoing dialogue and a formal outreach program over the past year that was designed to identify any opportunities to revolutionize NACDS events.
“Perhaps the most important message that I want to convey is this: our [NACDS] Board of Directors is committed to supporting this approach to conducting business through NACDS,” Merlo said. “In fact, the Board is going to meet during the NACDS Total Store Expo – increasing its number of Board meetings per year from two to three. Throughout the remainder of this year, at our planned events in 2012, and at our new Total Store Expo in August of 2013, our companies and our executives will be there. And we look forward to seeing you there as well.”
The objectives of the new lineup of meetings include the following:
Keep the focus on maintaining – and even increasing – the time and access that makes it possible for retailers and suppliers to do business;
Ensure that NACDS’ meetings are spaced more strategically throughout the year – allowing for a more effective follow-up rather than having a conference follow so soon after the NACDS Annual Meeting;
Create opportunities to address strategies across the store and across the industry, such as those related to health and wellness;
Ensure the lineup of meetings presents value to all NACDS members and constituencies – with their diversity in size and specialties.
Incorporate greater opportunities for discussion of topics like supply chain and logistics, as these areas are being increasingly recognized as pivotal areas for managing costs and leveraging technology;
Mirror the cutting-edge way in which NACDS members lead their businesses, with innovative business forums that keep NACDS at the forefront of retail dynamics, and at the forefront of association and conference trends; and
Reflect the fact that the industry represented by NACDS continues to become ever-more influential in the nation’s economy.
Commenting on NACDS’ continued emphasis on the NACDS Annual Meeting and NACDS Regional Chain Conference, Merlo said, “The Annual Meeting and the Regional Chain Conference serve vital functions as they are – helping NACDS to serve in very relevant ways the diverse membership of this Association.”
“Even more than ever, this is an organization that is committed to affecting change and creating this industry’s own destiny. We remain honored that your company finds value in what NACDS is doing, as part of your company’s vision and mission,” Merlo said.