The concept cars unveiled at major auto shows always seem a bit “out there.” But by making a practice of radically rethinking their products, global car makers have learned to unleash their creativity and position themselves for the future. Are chain drug stores doing the same? How much time and money does the industry
A small group of chain drug industry veterans met recently in Cleveland to discuss the lamentable state of innovative and creative merchandising in chain drug retailing these days. The group, consisting of some dozen retailers, suppliers and association executives, concluded that a variety of factors — most notably industry consolidation and the tendency among retailers
NEW YORK — A stellar December capped a strong year for chain drug retailers. Industry sales for chain drug stores advanced 5.8% in 2014, with same-store dollar volume climbing 4.6%. Both numbers were up by more than a full point from 2013, when total volume advanced 4.4% and comparable-store sales rose 3.1%. Walgreen Co. shined
NEW YORK — As 2015 gets under way, chain drug retailers in the United States and Canada are seeking ways to get the most out of pharmacy’s continued movement away from a dispensing orientation toward a service model focused on improved health outcomes. Chain drug industry executives say pharmacies are positioned to become integral health
