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How consumer health care has and hasn’t changed
The phrase “same but different” has its origins in Thailand and is reflective of the ambiguity built into the Thai language. It enables uncertainty in everything. The 2023 North American Consumer Healthcare world was aguably the same but different.
NACDS gears up for dramatic change for pharmacy
The National Association of Chain Drug Stores will move from strength to strength when Kevin Host succeeds Mike Wysong as the organization’s chairman during the NACDS Annual Meeting here this week.
Relegate annual pharma marketing media planning to the past
In an era focused on changing consumer behavior and technological advancements, it’s no surprise marketers have had to adjust their approach when it comes to advertising.
From legacy proxy metrics to alternative data sets
Following the coronavirus pandemic, record-high inflation, and the rise of e-commerce and delivery options, pharmacies have had to adjust to a radically different consumer shopping experience. Add on the pending loss of third-party cookies, and pharmacies are at a crossroads.
Anderson optimistic despite lack of congressional action
The pharmacy industry and National Association of Chain Drug Stores are at an inflection point, says NACDS president and chief executive officer Steve Anderson.
Venture capital’s evolution should prompt innovation
For the better part of the last three decades, venture capital (VC) has underwritten many of the most significant innovations in our industry.
Soleo Health unveils pharmacy in Jackson, Miss.
FRISCO, Texas –Soleo Health, a national provider of complex specialty pharmacy services, announced today the opening of its latest pharmacy and ambulatory infusion center (AIC) in Ridgeland, Mississippi.
The future of retail pharmacy is personalization
Retailers face myriad challenges and decisions almost daily. Top among these is understanding consumer preferences and how those change over time.
AI and RFID are new answers to long-standing needs
The past few years have brought ongoing, unprecedented challenges for retailers. New concerns from higher costs and economic uncertainty to multiple global conflicts show just how connected our world is.
Central fulfillment can foster momentous change
The pharmacy industry stands on the brink of a profound shift. Fortune Business Insights’ projections expect the industry to grow at a 56% rate by 2028, which requires the industry to reimagine itself to meet demand.
Momentum for PBM reform surges
While the National Association of Chain Drug Stores has a full plate of issues to deal with, without question the most pressing is PBM reform.
Empowering pharmacists for better patient outcomes
Many changes that have been predicted in health care and pharmacy are now taking shape in the market. Pharmacists are increasingly becoming a driver in improving patient outcomes, a trend driven by broader market shifts. The stat sheet Patients and pharmacists are primed for this change.
Overhaul of pharmacy economic model is overdue
The retail pharmacy industry is at a crossroads. The traditional economic model, once robust and reliable, continues to show signs of significant strain and may even be inching close to its breaking point.
Make dynamic pricing, data granularity a priority
America’s large chain drug stores have been in a tough spot. Walgreens’ fourth quarter report shed light on a whopping $3.1 billion in net losses for the calendar year.
Retailers ask judge to reject ‘drop in the bucket’ settlement
WASHINGTON – The National Retail Federation today asked a federal judge to reject the proposed settlement of a class-action antitrust lawsuit over “swipe” fees charged to merchants to process Visa and Mastercard credit card transactions.