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15th annual NACDS Foundation Dinner raises more than $1.8M
NEW YORK — The National Association of Chain Drug Stores Foundation celebrated its 15th Annual Foundation Dinner the evening of Dec. 3 in New York City, raising more than $1.8 million to support the Foundation’s research, education and medication adherence initiatives.
Walgreens and Duane Reade were the premier sponsors of the event.
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Eddie Lampert sells 7% of stake in Sears Holdings
NEW YORK — Sears Holdings chairman and CEO Eddie Lampert has pared down his stake in the retailing company, according to a regulatory filing Tuesday.
A Securities and Exchange Commission filing showed that Lampert reduced his stake in Sears Holdings to 48.4%, from a 55.4% stake reported in March. That leaves him with about 51.6 million shares in the company, whose stock was valued at $50.38 per share Wednesday morning on the NASDAQ, down from its opening price of $52.62.