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Jeffrey Woldt

Retailers seek insights in changing landscape

Retailers seek insights in changing landscape

The dynamism of the retail industry’s most active, innovative and forward-thinking members is raising the stakes for everyone in the field. Major developments with potentially far-reaching implications for the way consumers shop are occurring at an unprecedented rate. In just the past few weeks, Walmart and Amazon.com Inc. have ratcheted up the pressure on their

Entrepreneur on health and the CPG industry

Entrepreneur on health and the CPG industry

Daymond John is the quintessential entrepreneur. Most widely known for his role on ABC TV’s “Shark Tank,” he put himself on the map in the business world with the creation of FUBU, the Hip Hop-inspired fashion brand that he started with a $40 investment and is now a $6 billion enterprise. John’s record of accomplishment

NACDS stays course amid disarray in Washington

NACDS stays course amid disarray in Washington

The confusion and anxiety unleashed by Republican efforts to repeal and replace the Affordable Care Act are unlikely to be put to rest anytime soon, despite the collapse of the Senate leadership’s repeated attempts to secure enough support to enact a bill undercutting President Obama’s signature domestic achievement. After the Republican-controlled chamber failed to pass

Retail turmoil opens the door for innovation

Retail turmoil opens the door for innovation

Ralph Waldo Emerson wrote, “People wish to be settled; only as far as they are unsettled is there any hope for them.” To the extent that Emerson’s insight is applicable to the grocery business, retailers vying for a share of the nation’s $800 billion a year in food and beverage sales, a contingent that includes

McKesson leverages scale to deliver value

McKesson leverages scale to deliver value

Members of McKesson Corp.’s senior management know what it takes to be a major player in the global health care marketplace, and they are moving decisively to ensure that going forward the company remains a dominant force in the sector. McKesson in recent years has made a number of strategic acquisitions that deepen and extend

As critical juncture arrives, NACDS steps up

As critical juncture arrives, NACDS steps up

After many fits and starts, Republicans in the House of Representatives have finally succeeded in passing a bill that would, if the Senate concurs, repeal the Affordable Care Act, the landmark legislation that provides the current framework for the U.S. health care system. Voting mostly along party lines — with 217 Republicans in favor and

Public policy challenges take center stage

Public policy challenges take center stage

CVS Health earlier this month named Tom Moriarty to the new position of chief policy and external affairs officer. As explained by president and chief executive officer Larry Merlo, the rationale behind the creation of the role is to “deliver an integrated approach to policy development and external engagement so the company can contribute to

Role of drug distributors more crucial than ever

Role of drug distributors more crucial than ever

Changes in the nation’s health care system have made pharmaceutical distributors more important than ever. Large pharmacy operators have strengthened their alliances with the Big Three Wholesalers to maximize purchasing power, augment operational efficiency and work through such challenges as implementation of new federal regulations to ensure a secure supply chain. The role of drug

Turning 75, Lewis Drug looks back — and ahead

Turning 75, Lewis Drug looks back — and ahead

Lewis Drug is celebrating its 75th anniversary, and the company is marking the occasion with a yearlong series of promotions and special events. The first of them, Customer Appreciation Day on March 25, will highlight the Sioux Falls, S.D.-based company’s heritage and close ties to the communities it serves in that state, Iowa and Minnesota,

Regional drug chains display prowess as innovators

Regional drug chains display prowess as innovators

Although sometimes overlooked amid the swirl of activity surrounding the largest players in retail pharmacy, regional drug chains remain an integral part of the industry. The assets and aspirations of those companies — defined as operating between four and 250 stores — along with the challenges they face, were on display at the National Association

Bartell Drugs aims to ‘work faster, work better’

Bartell Drugs aims to ‘work faster, work better’

For Bartell Drugs and chief executive officer Brian Unmacht, 2017 is shaping up to be a watershed year. If all goes according to plan, the 127-year-old company, which for many consumers in the Puget Sound region is synonymous with community pharmacy, will begin to reap the benefits of an enterprisewide reengineering project designed to position

ACA repeal will usher in period of uncertainty

ACA repeal will usher in period of uncertainty

After stumbling out of the gate early this month with an ill-conceived  bid to hamstring the Office of Congressional Ethics (a plan that roused a chorus of critics, including President-elect Donald Trump, and was quickly withdrawn), Republicans in the House, along with their colleagues in the Senate, regained their footing and set about the business

A momentous development for three Rx chains

A momentous development for three Rx chains

The agreement struck last month for the sale of 865 Rite Aid Corp. drug stores to Fred’s Inc. is a momentous development for those companies, as well as Walgreens Boots Alliance, which after 14 months is still working to finalize the acquisition of Rite Aid. The $950 million all-cash deal will bring Fred’s stores and

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