When Sam Walton opened the first Walmart store in Rogers, Ark., in 1962, he set in motion an enterprise that fundamentally transformed the way Americans shop, giving them convenient access to high-quality consumer products at the lowest possible price.
Five years after it made the bold move to pull tobacco products from CVS Pharmacy locations, CVS Health said earlier this month it is expanding its focus on helping people quit smoking.
Homeopathic medicine manufacturer Boiron Inc. celebrated the grand opening of its new headquarters here at 4 Campus Boulevard Tuesday, September 17. The new building is adjacent to the company’s old headquarters, but at some 32,000 square feet, is double the size.
WASHINGTON – The Business Roundtable on Thursday tapped Walmart president and chief executive Doug McMillon to serve as its next chairman. He will serve a two-year term starting January 1.
It’s no secret that the retail industry is experiencing unprecedented disruption and a decline in foot traffic as a result of the proliferation of e-commerce and the subsequent migration of products from physical stores to online marketplaces.
The self-care movement is playing a key role in reshaping health care in a way that drug store retailers and manufacturers cannot afford to ignore.
Diplomat Pharmacy is considering a sale or merger after seeing revenue declines in its PBM and specialty segments in the second quarter ended June 30. The company’s board ordered the exploration of “strategic alternatives” after Diplomat’s quarterly revenue dropped 9% from the year-ago period to $1.
Shoppers Drug Mart is innovating across its business to protect the balanced sales equation that makes it the envy of its counterparts in the U.S. Like American drug chains, SDM is known for pharmacy and an expanding array of health care services, but it is also a leader in beauty in Canada and
The legacy business model in consumer and retail is the pipe through which value is generated upstream and delivered to consumers downstream. As everyone is aware, a powerful alternative has emerged. Today “platform” enterprises such as Alibaba, Amazon, Tencent and Uber are dominant business titans.
AllianceRx Walgreens Prime has announced additional medicines available to patients with certain rare, chronic and complex conditions.
It is seldom that a trend benefits all key players in a given market, but the proliferation of self-care and the growth of the over-the-counter medication market is one of those trends. Drug retailers, consumers and the U.S.
The Nicholas Hall Group of Companies, in association with Everything Health, held its North American Consumer Healthcare Conference here in June. With attendees from key consumer health care players and stakeholders, and speakers from companies including Bayer Corp.
a bold departure for a pharmacy chain in this country, one that sadly has yet to be matched by any of the company’s peers — was intended to discourage smokers from indulging in a habit that is clearly
The news out of Rhode Island that Judy Sansone, chief merchant at CVS Pharmacy, will shortly retire signals more than the end of a remarkable and productive retail career.
The Pharmaceutical Care Management Association (PCMA) Thursday announced staff additions to its Federal Affairs, State Affairs, Strategic Communications, and Industry Relations departments. Jocelyn Wiles has been named senior director of federal affairs.
