How suppliers can help Walgreens amp up beauty care
Selling into a retail chain as large as Walgreens can be a formidable challenge for even the largest supplier, let alone a fledgling player.
2015
IPO in the works at Albertsons
Albertsons Cos., the nation’s second-largest supermarket company and one of the biggest retail pharmacy operators, plans to go public. The company filed a registration statement last month with the Securities and Exchange Commission for an initial public offering of common stock.
Consolidation hits health insurance industry
Chain drug retailers have gotten used to dealing with fewer, and larger, drug makers, wholesalers and pharmacy benefit managers over the years. Retailers themselves have also consolidated, and now a merger wave has washed over the health insurance industry.
Medicine Take-Back Campaign under way in Canada
Shoppers Drug Mart (SDM) and the Partnership for a Drug-Free Canada (PDFC) are collaborating on the third National Medicine Take-Back Campaign, to be held through December 2015, and a new partnership with Loblaw Pharmacy will increase the number of pharmacies participating in the campaign to 1,800 n
SDM backs effort to help seniors overcome depression
Shoppers Drug Mart (SDM), the Canadian government and the Canadian Coalition for Seniors’ Mental Health (CCSMH) have teamed up to help seniors dealing with depression and thoughts of suicide.
Drones may be next big thing in photo section
London Drugs, which boasts of having a long history of embracing new ideas and products, especially in cameras and photofinishing, says consumer drones are the next big evolution in action video and aerial photography.
Walgreens, J&J push healthy choices
Johnson & Johnson Consumer Products Inc. (J&J) is now sponsoring the Walgreens Balance Rewards for healthy choices program in order to encourage and reward healthy behavior.
A&P’s demise holds lesson for all retailers
The Great Atlantic & Pacific Tea Co. has, for the second time in five years, entered Chapter 11, a return that likely presages the death of one of the legendary names in the history of mass market retailing.
At Total Store Expo, the moment to gain an edge is now
The third annual Total Store Expo, the National Association of Chain Drug Stores’ exhibit event that has replaced the association’s Marketplace Conference as mass retailing’s signature merchandising event, is about to kick off in Denver.
Access to medications, adherence go hand in hand
If the lack of medication adherence were an easy problem to solve, then everyone would be taking their medicines as directed, there would be no need for iPhone apps or electronic pill bottle reminders, patient health outcomes would be improved, and overall health care costs would be lower because of
The future of community pharmacy in the United Kingdom
Pharmacy is one of the foundational pillars of modern medicine, and many of today’s leading pharmaceutical companies can trace their origins back to a pharmacy entrepreneur. Yet community pharmacy is now at a crossroads.
CVS to gain more clout by acquiring Target Rx business
Continuing its aggressive growth and diversification, CVS Health has purchased Target Corp.’s pharmacy and clinic businesses for some $1.9 billion. The acquisition propels CVS past Walgreens as the nation’s No. 1 pharmacy operator by market share and store count.
Front end re-energized at CVS
CVS Health has unveiled an enhanced front end with a focus on health, beauty and consumables.
Walmart alters supplier terms
Walmart will begin charging most of its suppliers new fees for stocking their products in new stores and for storing them in its warehouses.
Target’s chief merchant steps down
Kathee Tesija is leaving her post as executive vice president and chief merchandising and supply chain officer at Target Corp., moving into an advisory role with the retailer.
Rite Aid finalizes the acquisition of EnvisionRx
Rite Aid has completed its acquisition of Envision Pharmaceutical Services from private investment firm TPG and other shareholders in a transaction valued at about $2 billion, including about $1.8 billion in cash, and around 27.9 million Rite Aid shares.