October 22, 2018 by Evan Gutoff
chain drug retailers, grocery stores, pharmacies
Issue 10-22-2018, Opinion, Uncategorized
Pharmacies and grocery stores are better positioned than doctors to promote healthy behavior and prevent debilitating and costly illnesses. Many executives know this, but it is surprising how many acknowledge they have not done much about it. Don’t believe it? Consider who has more information about people and more opportunity to sway their choices. Doctors
June 4, 2018 by Chain Drug Review
chain drug retailers, drug prices
Issue 06-04-2018
NEW YORK — Chain drug retailers reacted favorably to President Trump’s drug price cutting plan; branded pharmaceutical manufacturers less so. Walgreens, which had pharmacists at the White House for the president’s announcement of the proposal, said in a statement the blueprint “is a positive step forward in addressing the issue of rising drug prices.” The
October 23, 2017 by Michael Dart, Adam Pressman and Chain Drug Review
A.T. Kearney, Adam Pressman, chain drug retailers, chain drug retailing, Consumers@250, Michael Dart
2017, Issue 10-23-2017, Issues, Opinion
The American economist Edgar Fiedler appropriately warned that “he who lives by the crystal ball soon learns to eat ground glass.” Fiedler aside, chain drug retailers may want to consider a series of future commercial opportunities emerging from what — at least at times — might appear to be the disruptive chaos of today’s market.
September 25, 2017 by Bill Schiffner
Albertsons, chain drug retailers, CVS Health, Dollar General, Genoa, H-E-B, Hurricane Irma, mobile triage pharmacies, Publix, Target Corp., Walgreens, Walmart, Winn-Dixie
2017, Issue 09-25-2017, Issues, News
NEW YORK — Hurricane Irma, one of the most powerful storms ever to hit the United States, sent retail spending in the Miami, Fort Lauderdale and West Palm Beach area of Florida spiraling downward, with sales plunging more than 72% over a three-day period, according to payment technology company First Data Corp. The company, which
April 22, 2017 by Wendy Liebmann and Chain Drug Review
chain drug retailers, drug store shopper, How America Shops, Wendy Liebmann, WSL Strategic Retail
2017, Issue 04-24-2017, Issues, Leading Headlines, Opinion
If you do business in the drug channel, the question of what happened to drug store traffic over the last few months is one I’m sure you’ve been seriously puzzling over. That and several others: Was it an aberration? When will traffic return? Will it return? Why did it happen? And, oh yes, how should
April 22, 2017 by David Pinto and Chain Drug Review
2017 NACDS Annual Meeting, chain drug industry, chain drug retailers, David Pinto, drug store sales
2017, Issue 04-24-2017, Issues, Opinion
New formats are popping up throughout the chain drug industry, as retailers seek to overcome the sales malaise that has ensnared the industry this year. To recapture lost momentum, chain drug retailers are testing new store sizes, new merchandise assortments, new product locations within stores and new store concepts, sometimes all at once. It’s far
March 13, 2017 by David Pinto and Chain Drug Review
chain drug retailers, David Pinto, drug store merchandise mix, retail shelf space
2017, Issue 03-13-2017, Issues, Opinion
Once upon a time, the basic drug store merchandise mix was a simple affair, a half-dozen major brands in each product category, a handful of popular sizes, a small assortment of line extensions. No longer. Today’s drug store shelves are crammed with both major and supplementary brands. Indeed, sometimes off-brands dominate. Line extensions sometimes dominate.
January 2, 2017 by Chain Drug Review
Accenture’s Holiday Shopping Survey, chain drug retailers, holiday sales at drug chains, holiday shopping season, Matthew Shay, National Retail Federation
2017, Issue 01-02-2017, Issues, News
NEW YORK — Holiday sales at drug chains edged up slightly versus a year ago, as uncertainty over the economy left consumers wary of boosting their spending. Another crimp on sales growth was deep discounts. While retailers trimmed inventory for the holiday season to avoid having to clear out overstocks with price cuts, consumers were
December 29, 2016 by Chain Drug Review
Accenture’s Holiday Shopping Survey, chain drug retailers, holiday sales at drug chains, holiday shopping season, Matthew Shay, National Retail Federation
Business, Leading Headlines, Retail News
NEW YORK — Holiday sales at drug chains edged up slightly versus a year ago, as uncertainty over the economy left consumers wary of boosting their spending. Another crimp on sales growth was deep discounts. While retailers trimmed inventory for the holiday season to avoid having to clear out overstocks with price cuts, consumers were
December 12, 2016 by David Pinto and Chain Drug Review
Affordable Care Act, chain drug industry, chain drug retailers, David Pinto, NACDS, NACDS Week in New York, National Association of Chain Drug Stores
2016, Issue 12-12-2016, Issues, Opinion
For chain drug industry people, 2016 will be remembered as a year best forgotten — as much for the uncertainty of the future as for the problems of the past. As November ended and December began, the National Association of Chain Drug Stores brought industry leaders together in New York City for NACDS Week in
October 24, 2016 by David Pinto and Chain Drug Review
chain drug industry, chain drug retailers, CVS Pharmacy, David Pinto, drug chains, mass market retailer, mass market retailing, NACDS, NACDS Total Store Expo, Rite Aid, Target, Walgreens, Walmart
2016, Issue 10-24-2016, Issues, Opinion
Two months remain in 2016, and the news out of the chain drug industry remains relatively scanty. Industry gatherings are few and far between — indeed, three months have passed since the NACDS Total Store Expo gathered the industry together in Boston. Against that background, the NACDS year-end meetings, scheduled for New York City following
April 18, 2016 by Robert Sanders and Chain Drug Review
chain drug retailers, consumer health care, consumer packaged goods, CPG, CVS, e-commerce, health and beauty care, IRI, Robert Sanders, Walgreens
Opinion
Digital technologies are reshaping both consumer demand and competitive undercurrents in the U.S. consumer packaged goods marketplace. Digital innovations and the explosion of digital, mobile and social media are restructuring how consumers shop for and purchase CPG products. This framework has resulted in new shopping behaviors and purchase pathways, which are disrupting traditional business models
August 10, 2015 by Geoff Walden and Chain Drug Review
Aetna, Affordable Care Act, Anthem, chain drug retailers, chain pharmacies, Cigna, health insurance industry, health insurer consolidation, health insurer megadeals, Humana, Joseph Swedish, Mark Bertolini, Medicaid business, Medicare Advantage plans
2015, Issue 08-10-2015, Issues, News
NEW YORK — Chain drug retailers have gotten used to dealing with fewer, and larger, drug makers, wholesalers and pharmacy benefit managers over the years. Retailers themselves have also consolidated, and now a merger wave has washed over the health insurance industry. While acquisitions in other sectors have been driven by the pursuit of economies
June 15, 2015 by Khalid Khan, Randy Burt and Chain Drug Review
A.T. Kearney, big data, big data analytics, chain drug retailers, Khalid Khan, Randy Burt
2015, Issue 06-15-2015, Opinion
As prescription drug revenue and profitability are threatened by the expanding share of generics and continued reimbursement pressures, many chain drug retailers are counting on improved front-of-store sales and profitability to counterbalance the declines. That goal faces several challenges. Increases in mail-order prescriptions and 90-day refills reduce prescription-driven door turns. The aggressive growth of small-format