The NACDS Retail Advisory Board’s Market Immersion series resembles a microcosm of the NACDS Total Store Expo, in that the topics discussed emphasize the interrelationships of virtually every aspect of the business.
I grew up in a very small town, Yardley, Pa., in the 1970s. Main Street, “downtown,” had only one pizza place (Vince’s), one convenience store (WaWa) and no movie theater. We did, however, have two drug stores less than 150 yards from each other. In the 20 years that I lived in
Physicians Robin Warren and Barry Marshall were practically laughed out of health care in 1982 when they suggested that a type of bacteria might be causing stomach ulcers. It took more than a decade before their theory that treating ulcers with antibiotics to kill H.
Amazon.com’s venture into the pharmacy market has finally been confirmed. On June 28, Amazon announced that it had entered into an agreement to buy U.S.-based online pharmacy PillPack.
For the pharmaceutical industry, and particularly drug store retail chains like CVS Pharmacy and Walgreens, Amazon.com is about to become a headache that not even the strongest pain meds can cure.
Health care economists, health system leaders and policy makers have been talking seriously about measuring and paying for value in health care for more than a decade.
NEW YORK – Few industries have escaped the radical shifting of landscape that has been the collateral damage of digitization.
A year after announcing it was acquiring Whole Foods Market, Amazon.com made a splash again, this time in the health care sector.
Thanks to the ever-growing applications of data analytics technology, chain drug stores have a unique opportunity to create benefits ranging from improved member outcomes to lowered spending.
Reverse distribution of pharmaceutical products accounts for 3.5% to 4% of all pharmaceutical sales — more than 120 million product units — and exceeds $13 billion in value, according to a new report from the Healthcare Distribution Alliance (HDA) Research Foundation.
Amazon’s long anticipated, much ballyhooed entry into the retail pharmacy sector has finally taken place.
All indications are that CVS Health’s $77 billion acquisition of Aetna is on track to be finalized by the end of the year.
With e-commerce capturing a growing slice of the retail pie, the future of the physical store becomes a more urgent question.
President Trump has unveiled the administration’s much anticipated plan to reduce pharmaceutical prices.
Two protectionist policies being considered by the White House would result in significant job losses, according to research released by the National Retail Federation.
The National Association of Chain Drug Stores Annual Meeting last month in Palm Beach, Fla., unfolded against a backdrop of rapid-fire change in community pharmacy and the broader retailing and health care sectors.
