August 12, 2023 by Jeffrey Woldt
FTC, PBM
August 14, 2023, Opinion
The balance of this year and the first months of 2024 will be a time of testing and potential transformation for retail pharmacy. Several pivotal questions, some of which have plagued the industry for many years, seem to be headed toward resolution. How they are resolved will impact the future trajectory of pharmacy and its
August 7, 2023 by Jeffrey Woldt
Amazon Web Services, Video Forum: Justin Honaman
Featured Articles, Leading Headlines, Videos
In this week’s Video Forum, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services continues his discussion of generative AI. Honaman talks about how the technology will change the way retail and CPG executives go about their business; some of the challenges involved in implementing generative AI; and how
July 31, 2023 by Jeffrey Woldt
Amazon Web Services, Video Forum: Justin Honaman
Featured Articles, Leading Headlines, Videos
Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, tells this week’s Video Forum about how generative artificial intelligence will alter the retail and CPG industries. Among the topics Honaman addresses are the distinctions between artificial intelligence, machine learning and generative AI; how the new technology fits in with traditional
July 31, 2023 by Jeffrey Woldt
To reduce health care costs, untether Rx
July 31, 2023, Opinion
President Joe Biden earlier this month unveiled a series of measures designed to help rein in high health care costs, which constitute a heavy financial and psychological burden for many Americans. An extension of previous moves, the executive actions include a crackdown on so-called junk insurance, guidance intended to curb surprise medical bills, and steps
July 30, 2023 by Jeffrey Woldt
Chain Drug Review, Drug Store News and The Emerson Group team to honor NACDS’ 90th anniversary
Featured Articles, Leading Headlines, Retail News, Supplier News
NEW YORK — In an unprecedented partnership, Chain Drug Review, Drug Store News, The Emerson Group and MMR are joining forces to celebrate the contributions of the National Association of Chain Drug Stores and community pharmacy retailers, as NACDS celebrates its 90th anniversary. The December issues of Chain Drug Review and Drug Store News will
July 19, 2023 by Jeffrey Woldt
Video Forum: Walgreens Retail Media
Featured Articles, Leading Headlines, Videos
Walgreens is staking a large claim in the burgeoning retail media business. In this week’s Video Forum, Robert Tompkins, the drug chain’s group vice president and general merchandise manager for health and wellness, and Katie Vogt, senior director of client success at Walgreens Advertising Group, exchange insights about retail media’s growing impact on the
July 17, 2023 by Jeffrey Woldt
Walmart offers Rx for health care’s ills
July 17, 2023, Opinion
BENTONVILLE, Ark. — Walmart has taken several significant steps to heighten the impact of its pharmacists on the health and well-being of Americans. The moves, including higher compensation for those professionals (as well as the company’s opticians) and the rollout of dozens of additional HIV-focused Specialty Pharmacies of the Community (SPOCs), are the latest signs
July 10, 2023 by Jeffrey Woldt
Video Forum: JJ Fleeman Ahold Delhaize USA
Featured Articles, Leading Headlines, Videos
In this week’s Video Forum, JJ Fleeman, recently named chief executive officer at Ahold Delhaize USA, talks about the strengths of the organization and its prospects in the highly competitive grocery sector. Fleeman also discusses his previous assignment as president of Peapod Digital Labs, Ahold Delhaize’s technology arm; the company’s commitment to omnichannel retailing; and
June 16, 2023 by Jeffrey Woldt
CVS Health is in the midst of reimagining its drug stores to reinforce their position as the front door of health care in America.
Featured Articles, Leading Headlines, Retail News
BOSTON — CVS Health is in the midst of reimagining its drug stores to reinforce their position as the front door of health care in America. At the company’s first annual Retail Supplier Summit yesterday, Musab Balbale, senior vice president and chief merchandising officer, talked about the process and how it will better align retail
June 12, 2023 by Jeffrey Woldt
Jeffrey Woldt editor-in-chief Chain Drug Review, Video Forum: George Rafferty and Claire Biermaas AmerisourceBergen
Featured Articles, Leading Headlines, Videos
In the second installment of a two-part interview, George Rafferty, who has announced his retirement after heading AmerisourceBergen’s Corporate Partnerships Group for the past five years, and his successor, Claire Biermaas, talk about the leadership transition and the unique culture that enables the drug wholesaler to stay in sync with the evolving needs of its
June 12, 2023 by Jeffrey Woldt
Government pressure on PBMs mounts
June 12, 2023, Opinion
It appears that a day of reckoning for pharmacy benefits managers has arrived. Long criticized by pharmacy operators for their business practices, particularly the application of direct and indirect remuneration fees under Medicare, PBMs are subject to intense scrutiny from legislators and regulators at the federal and state levels. As a result, PBMs are likely
June 12, 2023 by Jeffrey Woldt
NACDS Foundation Dinner to be held during TSE
June 12, 2023, Leading Headlines, Retail News, Supplier News
ARLINGTON, Va. — The National Association of Chain Drug Stores Foundation — which continues to heighten its impact on the health and well-being of people through grants that support research and education — will be in the spotlight in August when, for the first time, it holds its premier fundraising event in conjunction with NACDS
June 5, 2023 by Jeffrey Woldt
AmerisourceBergen, Video Forum: George Rafferty and Claire Biermaas
Featured Articles, Leading Headlines, Videos
This week’s Video Forum offers a look at the leadership transition now under way at AmerisourceBergen’s Corporate Partnerships Group. In the first of two installments, George Rafferty, who has headed the program since its inception five years ago, and Claire Biermaas, who is succeeding him as president of corporate partnerships, share their perspectives on the
May 30, 2023 by Jeffrey Woldt
Fauci: COVID revealed Rx’s vital role in health care
Featured Articles, Leading Headlines, May 29, 2023, Pharmacy
PALM BEACH, Fla. — Anyone who has lingering doubts about the centrality of retail pharmacy’s contribution to ending the COVID pandemic should consider the view of Dr. Anthony Fauci, the federal government’s point man in responding to the emergency. Speaking at the National Association of Chain Drug Stores’ Annual Meeting here last month, the former