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Inside This Issue - Opinion

Wanted: Something new and different

Sales, thus far in 2014, have been disappointing for mass retailers. Not in any dramatic sense — the nation’s leading retailers are turning in performances that can accurately be called respectable. But business hasn’t, by any means, been inspiring.

Drug chains’ edge in convenience is eroding

When, a number of years ago, the head of a leading drug chain was asked about the challenge that Walmart posed for other community pharmacy operators, he said that his company and, by implication, the rest of the industry could do just fine by living off the crumbs left over by the world’s largest retailer. Time proved him right, with many pharmacies, most notably Walgreens and CVS Caremark, flourishing even as Walmart’s annual sales rose to eclipse the $470 billion mark.