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Issue 08-26-2019

The front end and Rx need to be mutually beneficial

The front end and Rx need to be mutually beneficial

In today’s rapidly changing landscape, retail pharmacies are finding it tougher to survive, let alone thrive. Gross profit challenges are popping up everywhere — new competitors, generic drug price deflation, Medicare Part D plans pushing patients toward in-network or mail order pharmacies — and all of this before direct and indirect remuneration (DIR) fees. For

Self-care is playing a major role in the future of retail

Self-care is playing a major role in the future of retail

It’s no secret that the retail industry is experiencing unprecedented disruption and a decline in foot traffic as a result of the proliferation of e-commerce and the subsequent migration of products from physical stores to online marketplaces. Consumers continue to gravitate toward online shopping for the sake of convenience. In fact, Global Market Development Center

Relevance at scale: The growth foundation for beauty

Relevance at scale: The growth foundation for beauty

Today’s beauty consumers aren’t like those of old. They don’t just want to be sold a “product.” Instead, they now expect brands to understand them intimately — and to use that knowledge to go beyond traditional manufacturing and deliver services and experiences (and, yes, products) that are entirely “right” for each moment in their lives.

Platforms poised to elevate consumer engagement

Platforms poised to elevate consumer engagement

The legacy business model in consumer and retail is the pipe through which value is generated upstream and delivered to consumers downstream. As everyone is aware, a powerful alternative has emerged. Today “platform” enterprises such as Alibaba, Amazon, Tencent and Uber are dominant business titans. Platforms exist not merely to deliver goods and services, but

AllianceRx Walgreens Prime adds LDDs

AllianceRx Walgreens Prime adds LDDs

ORLANDO, Fla. — AllianceRx Walgreens Prime has announced additional medicines available to patients with certain rare, chronic and complex conditions. Known as limited distribution drugs (LDDs), these specialty medicines treat certain types of multiple sclerosis (MS), Lambert-Eaton myasthenic syndrome (LEMS) and a form of non-Hodgkin’s lymphoma (NHL), among other complex conditions. Since last spring, the

CVS CarePass rolls out across the U.S.

CVS CarePass rolls out across the U.S.

WOONSOCKET, R.I. — CVS Pharmacy announced earlier this month that customers will be able to enroll in CarePass at participating CVS Pharmacy locations nationwide, or online at CVS.com/carepass. The first loyalty and membership program that offers free national pharmacy delivery on eligible prescriptions, CarePass gives its members a multitude of benefits when they join for

Growth drivers in consumer health sector eyed

Growth drivers in consumer health sector eyed

MORRISTOWN, N.J. — The Nicholas Hall Group of Companies, in association with Everything Health, held its North American Consumer Healthcare Conference here in June. With attendees from key consumer health care players and stakeholders, and speakers from companies including Bayer Corp., the Consumer Healthcare Products Association (CHPA), Google Inc., GlaxoSmithKline PLC, Perrigo Co. and Johnson

New product launches can benefit from a step-wise approach

New product launches can benefit from a step-wise approach

Today’s product landscape is highly competitive. Speed-to-market continues to be an important product launch factor, but it isn’t everything. Often, overly eager companies introduce a new CPG item too quickly while overlooking critical steps that could prevent costly mistakes. In fact, according to research conducted by IRI, it is estimated that between 60% and 80%