New categories can develop when product innovation meets a consumer’s unmet need in a way that no existing category has provided. Retailers that adopt a new category or subcategory early can gain an edge over their competitors. Emerging retail categories disrupt and change the retail market. There are innovative retail categories that include virtual reality
NEW YORK — As 2015 gets under way, chain drug retailers in the United States and Canada are seeking ways to get the most out of pharmacy’s continued movement away from a dispensing orientation toward a service model focused on improved health outcomes. Chain drug industry executives say pharmacies are positioned to become integral health
CAMP HILL, Pa. — A flurry of moves this month by Rite Aid Corp. further its growth as a retail health care company. First, Rite Aid unveiled plans to pilot walk-in HealthSpot telehealth stations in the greater Akron/Canton, Cleveland and Dayton/Springfield markets in Ohio. Robert Thompson, executive vice president of pharmacy, said the drug chain
