In the battle for market share among chain drug retailers, store formats are pre-empting numbers. Rather than seeking to dominate metropolitan areas by saturating them with new stores, drug chains are seeking to draw shoppers with distinctive retail concepts. Walgreen Co.
About a year and a half after the debut of its first “wellness store,” Rite Aid Corp. has ushered in the next generation of the concept. The drug chain unveiled a new iteration of the wellness format — known internally as “Genuine Well-Being” — this month at a store here, near the
Ontario Premier Dalton McGuinty opted to himself announce the introduction of regulations that extend the powers of pharmacists.
Walmart is ramping up its small-store rollout, with plans to add 95 to 115 Neighborhood Market units next year. That would be up from a projected 80 additions in the current year. “This gives us the opportunity to build more stores for less money,” Bill Simon, president of the company’s U.S.
In previous issues Chain Drug Review has presented some of the major findings from the Pharmacy Satisfaction Pulse Survey by Boehringer Ingelheim Pharmaceuticals Inc. The September 24 issue highlighted the pharmacy industry’s strengths and best practices.
Retail sales growth slowed in September, according to monthly sales figures released by a number of large U.S. retailers. According to the International Council of Shopping Centers, which tracks 22 retailers, sales for the month rose 3.9%, down from a 6% increase in August.
Associations serve a vital function as the “fifth estate” in the 21st century American democracy, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told an audience of more than 1,100 association members here earlier this month.
Walgreen Co. has partnered with singer/celebrity Taylor Swift to introduce the “Taylor Swift Store at Walgreens,” featuring a selection of her music and other merchandise. The collection is available in Walgreens and select Duane Reade locations.
McKesson Corp. has renewed its distribution contract with Rite Aid Corp., its second-largest customer, in a pact that stretches into 2016. The renewal, which was disclosed in a regulatory filing by Rite Aid, came earlier than was anticipated.
CVS Caremark Corp.’s MinuteClinic unit now offers care across the country to members of Tricare, the health insurance program for military personnel (including retirees) and their families. MinuteClinic has reached an agreement with TriWest, the Western region plan contractor for Tricare.
Chain Drug Marketing Association Inc. (CDMA) has released the dates for its annual trade expo. The company says its 87th CDMA Annual Trade Expo will take place at the Hilton Atlanta from February 19 to February 22.
The Healthcare Distribution Management Association (HDMA) made two appointments to its board of directors during its third annual board and membership meeting. AmerisourceBergen Drug Corp.
A new law that community pharmacy advocates say will help ensure consumer safety by battling organized retail crime was signed into law earlier this month by President Obama.
whether brand name or generic — have been able to count on the fact that the drug in the bottle matches what’s
A small group of American suppliers journeyed to England earlier this month to learn about Alliance Boots, meet with that company’s senior managers, and attempt to gain a clearer understanding of some of the ways the Alliance Boots merger with Walgreens will influence the future of mass retailing in
The competitive challenges that confront the nation’s drug store operators are becoming more intense.
