Joe Magnacca, widely seen as the architect of Duane Reade’s upscale beauty concept Look Boutique, has left Walgreen Co. to for the top spot at RadioShack Corp., effective Feb. 11. He has also been named to RadioShack’s board.
Magnacca was a key figure in the bold transformation of Duane Reade, where he served as chief marketing officer and later as president. He helped overhaul Duane Reade — previously known for a stock them high and let them fly approach— from a overstocked, uninviting metro-New York drugstore chain into a fleet of sleeker stores with wider aisles, natural light and a more focused and upscale assortment. Its flagship locations are outfitted with sushi bars, frozen yogurt bars and manicure bars. The changes helped to attract the attention of Walgreens, which acquired Duane Reade in 2010 and promoted Magnacca to executive vice president and president of Daily Living Products and Solutions. In that post he oversaw all of Walgreen's marketing and merchandising operations across more than 8,000 stores.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)