The second annual Amazon Prime Day was held this month and, despite early technical problems that slowed down the checkout process for some customers, it was another in a series of successes for the nation’s leading online merchant. The company reported that the event was the best day in Amazon.
Chain drug store operators are unique among mass market retailers in many ways, none more dramatic than the separation of the pharmacy and front-end businesses. In fact, they are actually two separate businesses, neither overly dependent on the other for success.
CHAPTER 8: TOWARD A NEW MODEL OF COLLABORATION AND COMPETITION All new healthcare business and operating models must rapidly embrace technologies that are fundamentally collaborative; building ecosystems of value-enabling partnerships is both strategic and an operating imperative.
Delhaize Group and Royal Ahold completed their merger, as expected, on July 23. The Europe-based food and drug retailers said Saturday that the $29 billion deal has received regulatory clearance from the U.S. Federal Trade Commission, and Delhaize Group chief executive officer Frans Muller and
Coty Inc. is promoting executive vice president Camillo Pane to chief executive officer. Coty said Thursday that Pane is slated to take the CEO reins after the company closes its deal to acquire Procter & Gamble Co.’s specialty beauty business.
Homeopathic medicine maker Hyland’s Inc. has named Les Hamilton to succeed Dale Nepsa as president. Hyland’s said Thursday that Nepsa has retired after 25 years at Hyland’s.
Sandoz has launched rosuvastatin calcium tablets, a cholesterol-lowering medication, in the United States.
Efficient Collaborative Retail Marketing (ECRM) has named Wayne Bennett as senior vice president of retail. ECRM said Thursday that Bennett will assume his new role on Aug. 2.
AZO has expanded its line of over-the-counter women’s health products with AZO Urinary Tract Defense, a medicine for urinary tract infections (UTI). The i-Health Inc. brand said AZO Urinary Tract Defense “helps women play defense when UTI symptoms strike.
A group of congressmen have called on House of Representatives and Senate leaders to advance a TRICARE pilot that would enable military veterans and families to opt to fill prescriptions at community pharmacies.
Boosting its presence in the fast-growing specialty pharmacy arena, Kroger Co. has unveiled a deal for its Axium Pharmacy Holdings Inc. subsidiary to acquire Modern HC Holdings Inc., the parent of pharmacy services operator ModernHEALTH. Financial terms of the agreement weren’t disclosed.
Unilever plans to buy Dollar Shave Club, the U.S.-based razor blade subscription service that has jolted the men’s shaving category. Financial terms of the agreement weren’t disclosed.
The National Community Pharmacists Association has created a new Innovation Center to provide resources to help independent pharmacies adapt to the fast-changing health care environment.
In a move not likely to please retailers, Procter & Gamble reportedly is testing an online subscription service for Tide Pods laundry detergent capsules.
Hi-School Pharmacy chief operating officer John Crawford plans to retire at the end of this month. The Pacific Northwest drug chain said Tuesday that Crawford, who has been with Hi-School for 43 years, is slated to step down as COO on July 31. At that time, he will be succeeded by Rick
Recent studies point to digital as the primary force driving the business and societal changes that are affecting company operations across industries. Because retail and health care are facing the most disruption, North American pharmacies can no longer afford to watch from the sidelines.
