Kevin Host, senior vice president of pharmacy at Walmart and incoming NACDS chairman, talks about the state of the association and the industry it represents. Host discusses his priorities at NACDS, including DIR reform and expanded scope of practice for pharmacists, as well as efforts to foster innovation and build synergies between pharmacy and the
Mark Baum, senior vice president of industry relations and chief collaboration officer at FMI – The Food Industry Association, tells this week’s Video Forum about the ongoing drive to elevate the presence of supermarket operators and their suppliers in the household products, general merchandise, and health and beauty aids categories. He provides an update
In this week’s Video Forum, Brian Nightengale, the new president of health care solutions at Inmar Intelligence, discusses how data-driven tools and insights can make community pharmacy and other aspects of health care more productive operationally, while at the same time enhancing patient care. Nightengale also addresses implementation of the Drug Supply Chain Security Act
At the beginning of the month, retail pharmacy advocates were engaged in a full-court press to convince members of Congress, who were locked in a protracted battle over federal spending and a possible government shutdown, to include meaningful PBM reform in a final budget deal. A coalition of industry groups urged lawmakers to enact what
Mike Wysong, chairman of CARE Pharmacies, tells this week’s Video Forum what his one-year term as NACDS chairman has taught him — about both the association and the industry. Wysong shares his views about the current state of the retail pharmacy business, as well as such important issues as PBM reform, expanding the scope of
“The future is purchased by the present,” wrote Samuel Johnson in one of his essays for The Rambler. That idea was reflected during a panel discussion at last month’s FMI Midwinter Conference. Members of the group — which included David Best, president and chief operating officer of Coborn’s Inc.; Sandy Douglas, chief executive officer of
In this week’s Video Forum, Crystal Lennartz, recently named president of Health Mart and Health Mart Atlas, talks about her priorities for the network of independent drug stores. Among the subjects she addresses are the resilience of independents, efforts to revamp pharmacy payment models, and the continuing appeal of drug store ownership.
Like most major retailers, CVS Pharmacy has entered the media business with the intent of broadening and deepening consumer engagement, working with CPG companies to better serve shoppers and grow categories, and establishing a new revenue stream. CVS Media Exchange, or CMX, is leading the charge, teaming up with suppliers and developing targeted, omnichannel campaigns
When the history of Doug McMillon’s tenure as chief executive officer of Walmart is written, the central theme is sure to be the transformation of the company from one entrenched in brick-and-mortar retailing into a multidimensional enterprise. Walmart’s striking evolution over the decade since McMillan became CEO stems from his grasp of technology’s potential to
This week’s Video Forum features Kroger chairman and CEO Rodney McMullen, newly named Retailer of the Year at MMR (Chain Drug Review‘s sister publication). McMullen discusses some of the major initiatives that have helped make the company the nation’s premier operator of traditional supermarkets. In addition, he shares his thoughts about Kroger’s pending $24.6 billion
LAS VEGAS — Doug McMillon and several other members of Walmart’s management team discussed their vision of a new type of commerce — adaptive retailing — at the Consumer Electronics Show here yesterday. Driven by the needs of customers and associates, the concept hinges on technology and its role in creating an interconnected and
Most retailers talk a lot about the customer-centric imperative; CVS Health is doing something about it. In recent years, the company has been on a journey to strengthen the connective tissue uniting the various aspects of the organization, in an effort to provide a seamless experience for patients and consumers — no matter which CVS
BENTONVILLE, Ark. — In the realm of health and wellness, the endpoint is where Walmart begins. After first gaining a thorough understanding of patients, customers and their needs, the company has set out to construct a dynamic ecosystem that promises to transform the way in which Americans get and stay well. In light of the
As the start of a new year approaches, long-standing trends are raising the stakes for big pharmacy operators and other companies with the ambition to re-engineer a health care system plagued by chronic issues of access, quality and cost. With economic and labor challenges continuing to mount, new paradigms for delivering patient care and remunerating
