November 6, 2017 by Jeffrey Woldt and Chain Drug Review
2017 NCPA Digest, B. Douglas Hoey, Community Pharmacy Enhanced Services Network, CPESN, independent drug stores, independent pharmacies, Jeffrey Woldt, National Community Pharmacists Association, NCPA
2017, Issue 11-06-2017, Issues, Opinion
More often than not, independent drug stores are overshadowed by the big retail chains. While it’s understandable why individual pharmacists who own one or two locations do not receive the same level of attention as the top pharmacy operators, the largest of which each have thousands of stores across the United States, in the aggregate
October 26, 2017 by CDR Blog and Chain Drug Review
Adam Fein, Amazon, Amazon entering the pharmacy market, Amazon's pharmacy market intentions, CBX, Drug Channels Institute, Greg Lipman, Jeffrey Woldt, pharmacy wholesale licenses, prescription drug business
CDR Blog
Amazon has quietly received approvals for pharmacy wholesale licenses from at least a dozen state pharmacy boards, the St. Louis Post-Dispatch reported Thursday. Those states are Alabama, Arizona, Connecticut, Idaho, Louisiana, Michigan, New Hampshire, New Jersey, Nevada, North Dakota, Oregon and Tennessee. Another pharmacy distribution license application is pending in Maine, the report said. Amazon
October 23, 2017 by Jeffrey Woldt and Chain Drug Review
Amazon, community pharmacy, CVS Health, CVS Pharmacy, Jeff Bezos, Jeffrey Woldt, pharmacy market, prescription drug business, ScriptPath
2017, Featured Articles, Issue 10-23-2017, Issues, Leading Headlines, Opinion
Speculation about the possible entry of Amazon into the prescription drug business has been abundant in recent weeks. Financial analysts and journalists have generated a steady stream of reports about what is planned by the e-commerce powerhouse which, beginning with books 23 years ago, has succeeded in disrupting established business patterns in one merchandise category
September 25, 2017 by Jeffrey Woldt and Chain Drug Review
Jeffrey Woldt, Pharmaca Integrative Pharmacy, Richard Willis
2017, Issue 09-25-2017, Issues, Opinion
Since its founding in Boulder, Colo., 17 years ago, Pharmaca Integrative Pharmacy has honed its singular vision of drug store retailing in five western states, viewed as particularly conducive to the pairing of traditional pharmacy services with natural and complementary health and beauty solutions. The company is now intent on demonstrating that its holistic approach
September 4, 2017 by Jeffrey Woldt and Chain Drug Review
2017 NACDS Total Store Expo, Alex Gourlay, Amazon, Google, Google Express, Jeffrey Woldt, Kantar Retail, National Association of Chain Drug Stores, Steve Anderson, Vision 2028, Walgreens Boots Alliance, Walmart, Whole Foods Market, XRC Labs
2017, Issue 09-04-2017, Issues, Opinion
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
August 19, 2017 by Jeffrey Woldt and Chain Drug Review
community pharmacy, Daymond John, FUBU, Jeffrey Woldt, Shark Tank
2017, Issue 08-21-2017, Issues, Opinion
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
August 7, 2017 by Jeffrey Woldt and Chain Drug Review
Affordable Care Act, Alex Gourlay, George Riedl, Helena Foulkes, Jeffrey Woldt, John McCain, Mark Panzer, Mitch McConnell, NACDS, National Association of Chain Drug Stores, skinny repeal, Tom Price
2017, Issue 08-07-2017, Issues, Opinion
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
July 3, 2017 by Jeffrey Woldt and Chain Drug Review
Aldi, Amazon, chain drug stores, drug chains, food and beverage sales, grocery business, Jason Hart, Jeff Bezos, Jeffrey Woldt, Lidl, Whole Foods Market
2017, Issue 07-03-2017, Issues, Opinion
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
June 5, 2017 by Jeffrey Woldt and Chain Drug Review
Celesio, CoverMyMeds, Health Mart, Jeffrey Woldt, McKesson, Paul Julian, Rexall Health, Uniprix
2017, Issue 06-05-2017, Issues, Opinion
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
May 30, 2017 by Jeffrey Woldt
Jeffrey Woldt, McKesson Corp., Paul Julian, Uniprix
Retail News
SAN FRANCISCO — 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
May 15, 2017 by Jeffrey Woldt and Chain Drug Review
ACA, Affordable Care Act, AHCA, Alex Gourlay, American Health Care Act, Jeffrey Woldt, Martin Otto, NACDS, NACDS Annual Meeting, Steve Anderson, U.S. health care system
2017, Issue 05-15-2017, Issues, Opinion
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
April 22, 2017 by Jeffrey Woldt and Chain Drug Review
Affordable Care Act, CVS Health, Jeffrey Woldt, Larry Merlo, Medicaid reimbursements, National Association of Chain Drug Stores, National Community Pharmacists Association, Tom Moriarty
2017, Issue 04-24-2017, Issues, Opinion
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
April 3, 2017 by Jeffrey Woldt and Chain Drug Review
AmerisourceBergen, Cardinal Health, drug distributors, drug wholesalers, Jeffrey Woldt, McKesson, NACDS Regional Chain Conference, Peyton Howell, pharmaceutical distributors, retail pharmacy
2017, Issue 04-03-2017, Issues, Opinion
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
March 13, 2017 by Jeffrey Woldt and Chain Drug Review
Jeffrey Woldt, Lewis Drug, Mark Griffin
2017, Featured Articles, Issue 03-13-2017, Issues, Leading Headlines, Opinion
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,