Drug stores should leave their past behind
Imagine, if you can, a drug store without a pharmacy. Once upon a not-so-distant time, many chain drug stores opened without pharmacies, calling themselves health and beauty aid stores.
Bill Schiffner
At-home diagnostics offers ‘a lucrative opportunity’
At-home diagnostic testing has grown from a nascent pre-pandemic trend to an emerging, high-growth health product category in the pandemic’s wake. The accelerated adoption of over-the-counter COVID-19 rapid antigen tests used for at-home self-testing was the tipping point.
The independent pharmacy marketplace remains stable
In the past few years, some have been pushing the narrative that pharmacy benefit companies are driving independent pharmacies out of business. Their argument seems compelling, but is it true? As we do every year, PCMA consulted the numbers from several sources.
NACDS urges clarity that Americans maintain “PREP Act” pharmacy access beyond PHE
ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) President and CEO Steven Anderson issued the following statement, upon the release of a U.S.
Video Forum: Todd Huseby, Kearney, Part 1
In this week’s Video Forum, Todd Huseby, a partner at consulting firm Kearney and leader of the company’s consumer health care practice, examines trends currently shaping the industry and their relation to developments in the broader economy.
NACDS issues statement in response to State of the Union Address
ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) president and CEO Steven C.
Theraflu addition called a ‘medicine chest must-have’
The worst of this year’s cough/cold season may be over for some people, but consumers should still be wary of respiratory ailments for the remainder of winter. “We have seen an early and intense ramp-up of flu, RSV, colds and new COVID-19 variants.
More informative condom displays will drive sales
Today’s most compelling, and alarming, trend in sexual wellness is the secondary thought given to condom use among Millennial and Gen Z adults. According to both IRI and Nielsen, condom sales at brick-and-mortar have tracked slightly downward or leveled over the last several quarters and years.
Tivity’s Ashworth on the need for agility, adaptability
Today, companies need to adapt and be more agile than ever. That’s especially true for businesses across all levels of the chain drug store retail landscape, which extends from retail and pharmacy to public health services.
Perimenopause should not be overlooked any longer
It usually happens when women are in their 40s, but sometimes earlier. Suddenly, a monthly cycle that was predictable becomes erratic. Fluctuating hormones begin to impact aspects of daily life, from sleep to relationships to bladder changes.
Amazon’s RxPass part of a bigger picture
By now it has become a familiar refrain: Amazon is taking another step to extend its reach in the $4 trillion health care sector.
Some relatively easy industry predictions
The new year has been under way for about a month now, and speculation about the upcoming 12 months already abounds. Not to be left at the starting gate, here’s a look from Chain Drug Review’s headquarters into what just might happen between now and December 31 and what will remain anyone’s guess.
Amazon’s 4Q revenue tops expectations
SEATTLE – Amazon on February 2 reported revenue of $149 billion for its fourth quarter, beating estimates with a 9% increase from a year earlier.
Study looks at reducing medication errors during care transitions
Pharmacists discover and correct medication errors missed by other clinicians at hospital admission, according to a study by McLean Hospital, a leader in psychiatric care and affiliate of Harvard Medical School.
Automation: The future of pharmacy
The global pharmacy automation market was valued at $5.60 billion in 2022 and is expected to grow at a CAGR (compound annual growth rate) of 8.02% from 2022 to 2030. This estimated growth makes it possible to forecast $10.4 billion in revenues by 2030 for this market.
Video Forum: Sheila Arquette, NASP
Sheila Arquette, president and CEO of the National Association of Specialty Pharmacy, tells this week’s Video Forum about recent developments in specialty pharmacy.