February 5, 2024 by Bill Schiffner
Boiron meets increasing demand for natural O-T-Cs
February 5, 2024, Supplier News
NEWTON SQUARE, Pa. — The current cough and cold season started very slowly and began accelerating in late December. With the late start the category is still seeing strong numbers in January. “The previous year, the season started in late September and only went through December. The cough and cold category is now trying to
February 5, 2024 by Bill Schiffner
Whole Foods rolls out Genexa’s ‘clean label’ products
February 5, 2024, Retail News, Supplier News
ATLANTA — As we move into the 2024 cold and flu season, Genexa is reinforcing its pioneering role in bringing clean, effective medicines to consumers. “This cough/cold/flu season we’re seeing more consumers stocking up on several solutions for their family, often building baskets that consist of a conventional over-the-counter drug along with a non-drug solution,
February 5, 2024 by Stephen Ubl
Stephen Ubl is president and chief executive officer of Pharmaceutical Research and Manufacturers of America (PhRMA).
February 5, 2024, Opinion, Pharmacy
The last year has been remarkable for medical advancement, and with thousands of therapies in the development pipeline, 2024 promises to be just as exciting. New CAR-T treatments, which use the body’s immune system to kill cancer cells, now help patients fight advanced-stage leukemia, with success rates of up to 94%. Genetic treatments give vision
February 5, 2024 by David Pinto
It’s time to rediscover the lost art of merchandising
February 5, 2024, Opinion
Once upon a time in America, the nation’s three most important drug chains — CVS, Rite Aid and Walgreens — succeeded as much for the zeal, creativity and accomplishments of their chief merchants as for the directions provided by their senior management. Indeed, it was a time when people like Vern Brunner, Chris Bodine and
February 2, 2024 by Pamela Long
Pamela Long is a partner at Big Little Brands.
February 5, 2024, Supplier News
Picture this. It’s February, freezing cold outside, you’re bundled up, you’re wearing a mask and trying to keep your glasses from fogging up. You’re sneezing, coughing, aching, your head hurts, and you feel fuzzy and incapable of thinking or doing. You’re desperate for relief, and you’re facing a shelf of mass confusion. Oh, and there
January 30, 2024 by Jeffrey Woldt
CVS is fully capitalizing on retail media
February 5, 2024, Leading Headlines, Opinion
Like most major retailers, CVS Pharmacy has entered the media business with the intent of broadening and deepening consumer engagement, working with CPG companies to better serve shoppers and grow categories, and establishing a new revenue stream. CVS Media Exchange, or CMX, is leading the charge, teaming up with suppliers and developing targeted, omnichannel campaigns
January 22, 2024 by Dinakaran Balasubramanian
The Inflation Reduction Act’s impact on biosimilars
January 22, 2024, Pharmacy
The Inflation Reduction Act (IRA), which was signed into law in August of 2022, announced several provisions on prescription drugs, with the aim of lowering the burden on people and reducing federal spending on drugs. Some of these provisions are targeted at high-cost biologic drugs and are in turn expected have a profound impact on
January 22, 2024 by Tom Utech
How iA is endeavoring to drive a ‘Movement’ in Rx
January 22, 2024, Technology
In the past three years, our industry has faced unprecedented challenges. Our pharmacists, technicians and support staff stepped up to the challenge and provided frontline care and services when they were needed the most. This dedication is admirable, yet the increasing demands for prescription fulfillment have brought to light the urgent need for change, for
January 22, 2024 by Deepak Borole
AI and robotics are leading to ‘smart’ pharmacies
January 22, 2024, Technology
Imagine C-3PO or R2-D2 delivering your medication to ensure you receive it on time. The pharmacy sector may not yet be Star Wars-ready, but today’s technology is making headway toward an AI, automated, robotic and more personalized future. The global pharmacy automation market totaled $5.6 billion in 2022 and is expected to grow by 8.4 % CAGR
January 22, 2024 by Jeffrey Woldt
McMillon heralds a new kind of retailing
January 22, 2024, Opinion
When the history of Doug McMillon’s tenure as chief executive officer of Walmart is written, the central theme is sure to be the transformation of the company from one entrenched in brick-and-mortar retailing into a multidimensional enterprise. Walmart’s striking evolution over the decade since McMillan became CEO stems from his grasp of technology’s potential to
January 22, 2024 by David Pinto
An appreciation for an industry legend, Bob Narveson, David Pinto
January 22, 2024, Opinion
If indeed we’ve embarked on a new chapter in the history of the regional drug chain — as we obviously have — then it’s equally true that this is a new era for the regional chain executive. Explore the National Association of Chain Drug Stores board of directors and you’ll find that it’s well represented,
January 11, 2024 by Chain Drug Review
award-winning retail brand., Edeker has transformed the regional grocer into a nationally recognized, Randy Edeker is a visionary force who has left an undeniable mark on the retail industry. Since taking the helm of Hy-Vee as chairman and chief executive officer in 2012
Featured Articles, January 8, 2024, Leading Headlines, Retail News
WEST DES MOINES, Iowa — Randy Edeker is a visionary force who has left an undeniable mark on the retail industry. Since taking the helm of Hy-Vee as chairman and chief executive officer in 2012, Edeker has transformed the regional grocer into a nationally recognized, award-winning retail brand. Edeker, who currently serves as Hy-Vee’s executive
January 10, 2024 by Bill Schiffner
Regional Chain of Year honor goes to Kinney
Featured Articles, January 8, 2024, Leading Headlines, Retail News
GOUVERNEUR, N.Y. — Kinney Drugs can trace its history back to over 120 years ago when Burt Kinney established the very first store here in 1903. Over the next 95 years, the company slowly expanded to nearly 100 retail locations throughout upstate New York and Vermont. Beginning in 1998, Kinney Drugs began to diversify across
January 9, 2024 by Geoff Walden
CVS’ Balbale is top merchant
Featured Articles, January 8, 2024, Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Health has a unique opportunity, says chief merchandising officer Musab Balbale, and it’s twofold. First, as an operator of more than 9,000 stores focused on health and wellness, it has the ability to connect with members of the community seeking vital information, products and services. The company’s acquisitions of Oak Street