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Issue 09-21-2020

Gerschtein details the keys to L’Oréal’s preeminence

Gerschtein details the keys to L’Oréal’s preeminence

The outbreak of COVID-19 at the start of the year and subsequent efforts to control the virus created much uncertainty in the beauty care business, but did little to disturb the preeminence of L’Oréal. Under the direction of president Nathalie Gerschtein, the L’Oréal USA Consumer Products division adapted quickly to changing dynamics in the marketplace,

Pharmacy challenges abound — so do opportunities

Pharmacy challenges abound — so do opportunities

Today’s retail pharmacies face increasing pressure from all fronts. Governments are aiming to reduce health care costs, and public sentiment is pushing the industry toward a value-based model. The use of high-cost specialty drugs is increasing dispensing complexity and shifting channel volume — at a time when disruptors like Amazon are poised to impact pricing.

Leger elaborates on wide-ranging initiatives at Shoppers

Leger elaborates on wide-ranging initiatives at Shoppers

TORONTO — Jeff Leger, president of Shoppers Drug Mart, Canada’s largest drug chain, discussed recent developments at the company including the launch of Shoppers’ first freestanding health clinic, the retailer’s innovative home health care and beauty clinic formats with Chain Drug Review editor-in-chief, Jeffrey Woldt, in a video forum hosted by CDR and sister publication

Vaccine makers will not be rushed

Vaccine makers will not be rushed

NEW YORK — The effort to develop a safe and effective vaccine for COVID-19 has been an all-hands-on-deck approach ever since the virus began wreaking havoc across the globe earlier this year. But it seems now, with the presidential election less than two months away — and with President Trump promising a vaccine “very soon”

HHS: Pharmacists can administer COVID-19 vaccine

HHS: Pharmacists can administer COVID-19 vaccine

WASHINGTON — The Department of Health and Human Services (HHS) this month authorized pharmacists to order and administer COVID-19 vaccination, a move welcomed by pharmacy advocates. “This is an extremely important decision by the administration,” said National Association of Chain Drug Stores president and chief executive officer Steve Anderson. “When safe and effective COVID-19 vaccinations

Companies embrace broadened missions

Companies embrace broadened missions

In a recent video marking the first anniversary of the Business Roundtable’s adoption of a revised statement of purpose for a corporation, Walmart CEO Doug McMillon spoke about how the new definition — which was expanded from a tight focus on shareholders to one that also includes customers, employees, suppliers and communities — reflects the

Private sector gets serious about a sustainable future

Private sector gets serious about a sustainable future

CDR SPECIAL REPORT — Since the beginning of the COVID-19 pandemic, the momentum behind the sustainability movement has slowed somewhat, with the attention of government officials, activists and average citizens dominated by the immediate crisis and the concurrent drive for racial justice. The climate emergency has not, however, abated, a reality brought home to Americans