You can read some of the April 29th print issue of Chain Drug Review here. In CDR’s digital editions, you can find special sections and additional pages not posted online. You will need to register, but subscription is free!
First Quality is on a mission to make things better for today’s retailers and consumers while protecting the environment for future generations. A leader in private label manufacturing, First Quality makes adult incontinence products, baby diapers, training and youth pants, menstrual pads, baby wipes, and household paper and tissue products. Chain Drug Review had a
NEW YORK — The trial and travel category represents a growing sales opportunity for those retailers and suppliers who manage it well. In part, that’s because of the “revenge travel” phenomenon, which is being fueled by the large numbers of consumers who are eager to hit the road and get on planes again after staying
Having a strong brand purpose and connection with your target consumer is more critical than ever before. Distinct from “social purpose,” a truly purpose-driven brand’s mission should be obsessed with satisfying every category and/or target audience’s unmet needs. Purpose brings the target consumer another consideration to utilize a brand. In this new age of artificial
Expect to see further significant changes at Walgreens Boots Alliance in the days ahead. Chief executive officer Tim Wentworth, who joined the company just six months ago, has laid the foundation for a strategic overhaul designed to put WBA back on track amid profound shifts in the retail pharmacy sector. The first step on the
It happens every spring. As April winds down, the National Association of Chain Drug Stores once again convenes its fabled and nearly flawless Annual Meeting. Once again, upwards of 2,000 retailer and supplier executives will gather in Palm Beach, Fla., at the storied Breakers Hotel, to pursue the business of doing business. They will attempt
Consumer behavior in the foreseeable future will likely continue to be shaped by economic uncertainty and access to new technological advances. Meanwhile, retailers will be met with a variety of competitive forces, ever-changing shopper preferences, retail media network evolvement, omnichannel demands, and the risks and rewards of artificial intelligence. In the recently released book Bionic
Whether it’s the rise in plant-based alternatives and weight loss supplements or the significant uptick in personalized wellness programs, new trends and solutions are constantly emerging to promote healthier habits and choices for Americans. There’s also been the emergence of retailer initiatives focused on improving access and healthy options like Kroger’s Food as Medicine program,
In an era where digital transformation has been synonymous with costly and relentless customer acquisition and optimization for higher conversion rates, brands and retailers have been forced to focus on shopper conversion at all costs. However, a vital piece of the puzzle often remains neglected — authenticity. This is a mistake — and a missed
In preparing for the National Association of Chain Drug Stores Annual Meeting this year, I find myself thinking about the myriad opportunities reshaping retail pharmacy, including overcoming declining margins, winning expansion of pharmacist provider status, and leaning into consumer needs and value-based care. As I do so, I keep coming back to the guiding principle
Inventory management and loss prevention continue to challenge businesses within the retail industry. A recent survey by the National Retail Federation, a trade association dedicated to the retail industry ecosystem, reported that collective U.S. inventory loss has neared $100 billion, a 53% spike from 2019. Pharmacy, grocery, department stores and mass merchandise sectors are experiencing
According to the U.S. Census Bureau, the nation’s senior population, consisting of 55.8 million residents age 65 or older, is growing at a rate five times faster than the total population between 1920 and 2020. This dramatic demographic shift holds significant implications, particularly within the health care sector. Understanding the pivotal role of the drug
The retail media ecosystem continues to grow — with eMarketer estimating it at about $60 billion in 2024, growing to almost $110 billion by 2027. The overwhelming percentage of this revenue comes from Amazon today, and a large degree of that is digital search. The bulk of the remainder goes through mass and grocery retailers
With prescription medication costs on the rise, pharmacies nationwide continue to experience increasing pressures to provide accessible and affordable care to patients while trying to balance the need to offer competitive pricing and a viable business model. One way pharmacies can solve for this is to transition to a central fill operating model. By outsourcing
Hard to believe that we are already one-third of the way through 2024. Time feels like it is accelerating — I think it’s because our increasingly digital age shortens the maturity curve of innovation, and things that used to unfold now pop instead. That’s how I feel about the weight loss revolution facilitated by GLP-1
