August 31, 2018 by Anne Marie Stephen
retail pharmacy
Issue 08-27-2018, Opinion
The future of retail pharmacy is driven by your customers (patients/shoppers/consumers). Consumers have moved into the digital age — which is not news. It is up to you to determine how you will service their evolved expectations. They engage with their social communities online, complete tasks on the go and transact all via their mobile
August 30, 2018 by Amy Callahan
Amazon, OTC medicines, pharmacy
Issue 08-27-2018, Opinion
There’s never been a more critical time to start turning your shoppers into pharmacy customers. With the 900-pound gorilla, Amazon.com, lurking around the corner ready to pounce on the $500 billion drug industry, drug stores, mass merchants and supermarkets need a plan of action, and they need it now. Amazon has the ability with its
August 30, 2018 by Jen Johnston
branding, Hamacher Resource Group
Issue 08-27-2018, Opinion
A new product innovation with a large promotional spend does not automatically equal success in the retail marketplace. Too often, brands release a product with a new technology, form, ingredient or positioning, or a product that addresses an unmet consumer need, without fully considering the product’s earning potential. Not only is earning potential critical to
August 29, 2018 by Sarah Schmansky
better-for-you foods and snacks
Issue 08-27-2018, Opinion
With sweeping changes occurring within the pharmacy and health care business landscape, it’s easy to lose focus on the front end of the store. However, efforts to create a healthy front end should not be ignored. In fact, now more than ever, it should be a top priority. Why? Because the U.S. drug store channel
August 29, 2018 by Wendy Liebmann
Ace Hardware, Aldi, Dollar General, Nordstrom, retail, Target, Trader Joe’s, Walgreens
Issue 08-27-2018, Opinion
NEW YORK — I was in Trader Joe’s for the first time in a while. I don’t usually shop there because there’s not a store close to me. What struck me was how the brand story has remained so relevant, so fresh, in spite of much new competition. It also struck me that in a
August 28, 2018 by Giedre Liorancaite
Euromonitor International, Giedre Liorancaite, pharmaceutical prices
Issue 08-13-2018, Opinion
NEW YORK — Pricing pressures have become the new normal for the pharmaceutical industry. Three main factors are forcing down drug prices: government pressure, patent losses and the rise of generics. In developed markets, governments account for nearly 76% of spending on hospitals and other medical services. As a result, rising government measures to curb
August 27, 2018 by Jim O'Dea
Rx EDGE Media Network
Issue 08-13-2018, Opinion
NEW YORK — Consumers facing complex health conditions that are treated by specialty medications don’t need more ads. (Does anyone need more ads?) But compared to their neighbors, these patients are even more actively and consistently in a mindset of thinking about their health and finding new and better ways to manage wellness. And more
August 27, 2018 by Dave Van Howe
Dave Van Howe, Market Performance Group, Wholesale drug independent pharmacy sales
Issue 08-13-2018, Opinion
NEW YORK — There is no question that consumer shopping behavior is forcing brick-and-mortar retailers, e-commerce providers and consumer packaged goods companies to look for new growth opportunities and ways of providing differentiated shopping and brand experiences. One channel that is growing, and often overlooked, is the independent pharmacy channel, at over 22,000 stores strong.
August 26, 2018 by Steve Anderson
NACDS, NACDS Retail Advisory Board, Steve Anderson
Issue 08-27-2018, Opinion
ARLINGTON, Va. — The NACDS Retail Advisory Board’s Market Immersion series resembles a microcosm of the NACDS Total Store Expo, in that the topics discussed emphasize the interrelationships of virtually every aspect of the business. The NACDS Retail Advisory Board, which includes NACDS associate and chain members, advises the NACDS board of directors primarily on
August 25, 2018 by Chain Drug Review
Kroger
Issue 08-27-2018
CINCINNATI — Kroger Co. is promoting its new Wellness Your Way platform, which encourages shoppers to adopt a more holistic approach to health, with a three-and-a-half-day music, education and wellness festival here in October. “Kroger is excited to present the first Wellness Your Way Festival in America in our hometown,” said Colleen Lindholz, president of
August 25, 2018 by Chain Drug Review
Genoa, UnitedHealthcare
Issue 08-27-2018
NEW YORK — UnitedHealth has tentatively agreed to buy Genoa Healthcare from private equity firm Advent International, according to a report. Under the terms of the deal, Genoa chief executive officer John Figueroa would leave the mental health center pharmacy operator, with chief commercial officer Mark Peterson taking the reins, according to the report in
August 25, 2018 by Chain Drug Review
2018-2109 flu season, CDC
Issue 08-27-2018
NEW YORK — Drug makers and health care professionals are gearing up for the 2018-2019 flu season, with much of the initial activity focused on raising vaccination rates. While anyone can get the flu, it can be particularly serious for young children, older people, pregnant women and people with certain health conditions, such as asthma,
August 25, 2018 by Chain Drug Review
CVS MinuteClinic
Issue 08-27-2018
WOONSOCKET, R.I. — CVS Health is offering customers who have downloaded the CVS Pharmacy app access to health care services 24 hours a day, seven days a week, from their mobile devices. MinuteClinic Video Visits are intended to meet the wellness needs of customers with minor illnesses, injuries and skin conditions, the company announced earlier
August 25, 2018 by Chain Drug Review
HHS, Larry Merlo, PBM
Issue 08-27-2018
WOONSOCKET, R.I. — The Trump administration’s blueprint to lower drug prices has put the spotlight on the rebates negotiated by pharmacy benefits managers with drug manufacturers. During a recent conference call, CVS Health president and chief executive officer Larry Merlo addressed the issue while making a spirited defense of the role of PBMs in containing