PLMA_1170x120_5-28-21

David Ritter and Patricia Hong are managing directors in Alvarez & Marsal Consumer and Retail Group

Drug chains can gain from profound changes in beauty

Drug chains can gain from profound changes in beauty

Sitting at the intersection of retail and health care, 2020 and 2021 have been profoundly challenging years for the retail drug store channel. The onset of the COVID-19 pandemic had once-in-a-generation impacts across the full business — both pharmacy and retail. On the pharmacy side, there were shifts in chronic versus acute prescription volumes, channel