ECRM_1170x120_8-1-17

Amazon

Amazon’s PillPack purchase jolts pharmacy industry

Amazon’s PillPack purchase jolts pharmacy industry

SEATTLE — Amazon.com has sent a major tremor through the retail pharmacy industry with its planned acquisition of PillPack, an online pharmacy that organizes prescriptions and vitamin supplements into daily dosage packets and delivers them to patients’ homes. The deal, which Bloomberg News values at about $1 billion citing “a person familiar with the matter,”

In face of Amazon, Rx needs to stay course

In face of Amazon, Rx needs to stay course

Amazon’s long anticipated, much ballyhooed entry into the retail pharmacy sector has finally taken place. The e-commerce powerhouse in late June agreed to pay a billion dollars to purchase PillPack, which packages prescription medications in presorted doses, along with over-the-counter health care products and nutritional supplements, and delivers them directly to patients’ homes. Cofounded in

Amazon intros grocery pickup at select Whole Foods Market stores

Amazon intros grocery pickup at select Whole Foods Market stores

AUSTIN, Texas and SEATTLE — Amazon and Whole Foods Market have announced the roll out of grocery pickup beginning in Sacramento and Virginia Beach, with more cities to come throughout 2018. Prime members can now shop Whole Foods Market’s selection of fresh and organic produce, bakery, dairy, meat and seafood, floral and everyday staples and pick

Wunderman Commerce study shows Amazon’s shopping search power

Wunderman Commerce study shows Amazon’s shopping search power

LONDON — Amazon’s influence on consumer shopping behaviors continues to accelerate. Data from a new Future Shopper study released today by Salmon, a Wunderman Commerce company, shows Amazon leads as consumers’ preferred starting point for shopping (51%), and also dominates where consumers complete the majority of their online purchases (55%). Over 3,500 consumers who shop

Amazon to acquire PillPack

Amazon to acquire PillPack

SEATTLE and BOSTON — Amazon and PillPack today announced that they have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy said to be designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions. PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on

Amazon drops hospital Rx plan

Amazon drops hospital Rx plan

SEATTLE — Amazon.com has dropped a plan to sell pharmaceutical products to hospitals due to the project’s complexity, reported CNBC, citing sources familiar with the matter. The setback illustrates the challenges Amazon faces in getting into the medical supply and pharmaceutical space, CNBC reported. Amazon has struggled to convince hospitals to alter a purchasing process

How retailers can find ways to ‘out Amazon’ Amazon

How retailers can find ways to ‘out Amazon’ Amazon

At the turn of the millennium, the retail industry was aglow with technological and operational possibilities. The internet was seen as a platform for both selling things and making merchandising and fulfillment processes more efficient. Data processing power and storage capacity was growing dramatically, an improvement that cut analysis time from weeks down to hours.

Amazon said to hire ex-FDA staffer

SEATTLE — Amazon.com has hired Taha Kass-Hout, the Food and Drug Administration’s first chief health informatics officer, according to published reports. Kass-Hout will serve in a business development role with the company’s Amazon Grand Challenge team, the reports say, and will concentrate on developing projects for the health care market. His exact mission, like the

Report: Amazon will not sell drugs to hospitals

Report: Amazon will not sell drugs to hospitals

NEW YORK — Amazon Business, which sells bulk goods to business customers, has reportedly scrapped plans to distribute prescription drugs to hospitals. Instead of distributing pharmaceuticals, the network said the e-tailer will keep selling less regulated medical supplies to hospitals and smaller clinics — a business which it has found to have unexpected challenges. The

Five ways Amazon can jump into health care

Five ways Amazon can jump into health care

  BOSTON — Online retail giant Amazon will enter the broader health care market — it’s just a question of how, according to global management consulting firm L.E.K. Consulting. In a new report released yesterday, L.E.K. said Amazon has the right combination of capabilities for “its big health care-industry ambitions” and could launch offerings running the gamut from

Time for drug chains to reclaim beauty category

Time for drug chains to reclaim beauty category

NEW YORK — It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty

CVS Health shareholders OK Aetna acquisition

CVS Health shareholders OK Aetna acquisition

WOONSOCKET, R.I. — Shareholders of CVS Health voted overwhelmingly to approve the company’s $69 billion deal to acquire health insurer Aetna Inc. CVS said that in a special stockholders meeting on Tuesday, more than 98% of shares were voted in favor of the CVS-Aetna merger agreement, which was announced in early December. Also at a

1 2 3 4