Bottled water consumption up, caloric intake down
bottled water. A new study from the Beverage Marketing Corp.
CDR Blog
FTC warming to WBA-Rite Aid merger, report says
Shares of Walgreens Boots Alliance and Rite Aid edged up on Friday following a news report that the Federal Trade Commission is looking more favorably at the companies’ merger deal.
Pharmacy players rise in Fortune 500
Players in the retail pharmacy space accounted for three of the top 10 spots in the 2016 Fortune 500 list of the nation’s largest companies by revenue. Coming in again at No. 1 overall on the annual list, released this week, was the world’s largest retailer, Walmart, with sales of $482.13 billion.
Report: McKesson mulling options for tech solutions unit
McKesson Corp. is exploring a potential separation of its McKesson Technology Solutions business, according to the Wall Street Journal.
By the numbers: Seniors in the U.S.
The aging of the Baby Boomers has no doubt been a driver for the chain drug store and pharmaceutical industries, especially since the generation had its first members turn 65 in 2011. Yet some intriguing data from the U.S.
WBA brings Red Nose Day to Nasdaq
Walgreens Boots Alliance brought the celebration of its Red Nose Day efforts to the floor of the Nasdaq stock exchange. On Thursday, Skip Bourdo, corporate operations vice president at Walgreens, and Christy Gibb of the Comic Relief Board of Trustees rang the Nasdaq opening bell.
McKesson-Walmart deal creates ‘intriguing alignment,’ expert says
The expanded distribution agreement between McKesson and Walmart not only brings McKesson a generic drug customer it had been pursuing, but it also “finalizes an intriguing industry channel alignment,” according to pharmacy supply chain expert Adam Fein, president of Pembroke Consulting.
As P&G merger nears, Coty makes its move
Coty needed to pull something big out of its hat. Concern over the direction of the soon-to-be-No. 3 company on the cosmetics leader board was murmured at the National Association of Chain Drug Stores Annual Meeting last month.
Analyst: CVS makes front-end play with Curbside
CVS Health’s partnership with and investment in Curbside could help CVS Pharmacy enhance its front-end business by picking up some purchases that may be migrating to online retailers, according to analyst Scott Mushkin of Wolfe Research.
Pharmacies: A venue to help get life insurance
A trip to the local pharmacy may help people expedite the process of gaining life insurance coverage.
Retailers scramble to get going with chip cards
Retailer adoption of EMV chip card technology continues to lag since an Oct. 1 deadline shifting liability for some fraudulent transactions to merchants, according to a report by Bloomberg on Wednesday.
Loyalty card programs could use some fixin’
Many retailer loyalty card programs don’t work because they’re “consumer unfriendly,” says Kurt Jetta, founder and CEO of TABS Analytics.
The growing reach of Walgreens Boots Alliance
The presence of Walgreens Boots Alliance (WBA) across the pharmacy care sector continues to broaden and deepen.
Weighing the retail clinic option
A pair of new studies shed some light on the use of retail clinics and their potential as an alternative site for health care.
Report: McKesson cutting 1,600 jobs
McKesson is laying off 1,600 employees, or 4% of its U.S. workforce, in the wake of losing some key clients, Bloomberg reported late Wednesday.
Benzer opens specialty Rx hub in New Orleans
Benzer Pharmacy’s specialty medication arm has set up shop on New Orlean’s Canal Street by establishing a center of excellence, with a focus on HIV and hepatitis C. Located at 2525 Canal St.