Lines between food, health care sectors blurring
We in the food industry are well aware of the consumer turn toward healthier choices in dining.
Opinion
Rite Aid prepares for its next chapter as part of Albertsons
this time in the form of a merger with Albertsons Cos. The news doesn’t come as a complete surprise: Rite Aid’s decreased debt made it a more attractive merger or acquisition target,
Data sharing is key in fight against the opioid epidemic
Abuse of prescription opioid drugs is a significant contributor to the opioid epidemic that has struck across the United States. Prescription misuse plays a major role in the 115 daily overdose deaths and the overall economic burden of $78.5 billion per year.
Privacy concerns and the retailization of health care
Cybercriminals violate consumer privacy because they can and because they can profit from it. According to September 2017 Kantar Retail ShopperScape data, 84% of shoppers say they are somewhat/extremely concerned about the security of the personal/financial data online.
CHPA bullish on pending revision of O-T-C monograph policy
The stage is set for a regulatory change that will boost innovation by consumer health care products manufacturers, according to leaders of their association.
Retail evolution bodes well for nonprescription meds
Changes on the retail scene bode well for the consumer health care products market because they show that chains are trying to stay engaged with their customers, says Consumer Healthcare Products Association (CHPA) chairman and Clarion Brands chief executive officer Gary Downing.
Data dysfunction a plague on retail, CPG industry
is there any bigger cliché in the category management and shopper insights world than those two words? Usually you see these words in the context of a service provider making claims about its unique ability to provide value.
The ethos that guides the industry leaders
CVS Health and Walgreens are commonly referred to as the leaders in the drug store business. The designation usually is meant to convey the scale of their operations compared to that of their competitors in the trade class (sales at Rite Aid Corp.
PBM rebates’ impact at the Rx counter
slowing growth, rising pain at the pharmacy counter — have
NACDS RxImpact Day part of ongoing dialogue
for the policy makers and pharmacy advocates who participated, the pharmacy profession as a whole and, ultimately, patients across the country — came into sharp focus during the daylong series of meetings on Capitol Hill that is
Meaningful product innovation central to retail growth
New product launches have a notoriously high failure rate. In fact, Nielsen once pegged the failure rate of new consumer packaged goods at a staggering 85%.
Industry strengthened by NACDS events
The National Association of Chain Drug Stores is gearing up for three big events in the coming months, each of which will offer stakeholders in community pharmacy an opportunity to advance the interests of their organization and the industry as a whole.
CVS-Aetna: A blockbuster in vertical integration
which totaled $72 billion in 2016 and $76 billion after the third quarter of 2017, prior to CVS announcing the final deal. Across the industry, companies are increasingly leveraging these strategic partnerships to improve
Three trends now shaping the CPG industry
Not so long ago large multinational consumer packaged goods companies competed against one another by seeking out new markets to conquer and new consumer segments to attract. Today, the drivers of growth have undergone rapid and massive transformation.
Beauty innovation only the start at CVS
The announcement by CVS Pharmacy president Helena Foulkes at last month’s National Retail Federation Big Show that the retailer will adopt standards that bring a new level of transparency to the images used to promote its beauty business caused a stir in the category and triggered a long overdue dis