NACDS again shows it is without peer
Less than a month has passed since the National Association of Chain Drug Stores hosted its 2015 Annual Meeting in Palm Beach, Fla.
Opinion
Walmart challenges drug stores in retail health care
it will be from Walmart. Walmart wants to become the No. 1 U.S. health care provider and is now poised to challenge the slope of drug store growth. Today, Walmart is
Best-in-class research techniques can bring data to life
While retailers’ marketing and innovation staffs and capabilities have expanded dramatically over the past 20 years, their investments haven’t always kept pace with the market research advances that fuel national brand success.
ACOs spearhead shift to value-based care
Recently, U.S. Health and Human Services (HHS) Secretary Sylvia Burwell announced a lofty goal of tying 50% of all traditional Medicare payments to alternative payment models, such as accountable care organizations (ACOs) or bundled payment arrangements, by the year 2018.
Population shakeup reshapes health care retailing
either how it looked (mainly Caucasian) or what it wanted (similar aspirations). However, as we look ahead, that will not be the future. Not so long ago, the United States was predominantly a
Envisioning the ‘drug store of the future’
The concept cars unveiled at major auto shows always seem a bit “out there.” But by making a practice of radically rethinking their products, global car makers have learned to unleash their creativity and position themselves for the future.
WBA management team knows what’s what
Walgreens Boots Alliance experienced a rite of passage earlier this month when for the first time it reported quarterly earnings.
Below the surface, much has happened
The NACDS Annual Meeting, unfolding at the moment in Palm Beach, Fla., unofficially marks the end of the first third of the mass retailing year.
Framework for thinking about international retail
One of the most dramatic changes in global business over the past few decades is the growth of organized retail in developing markets and the expansion of global retailers in general.
Power of scale can help unlock value
and thus more power to choose. As providers compete on this somewhat leveled playing field, they will be pressured to find new ways to
As online threats proliferate, brands must protect themselves
In 2014 there were an estimated 3 billion Internet users worldwide, up from 2.8 billion by the end of 2013. The Indexed Web contained at least 4.59 billion pages as of this writing (March 16, 2015). The Worldwide Web is here to stay, and it is clearly not shrinking anytime soon.
At front end and online, gift cards can enhance the mix
In the last five years or so, chain drug stores have made huge progress ramping up their front-of-store offerings.
In skin care, facial masks emerge as the next big thing
Many beauty mavens have fond memories of some of their first product experiments. When we were eager tweens or teens, lip balm, nail polish and fragranced body splashes and sprays were some of the first products most of our mothers let us try.
Pace of change makes the future less clear
Changes within the executive ranks in the chain drug industry are coming at a faster pace these days than at any time in the industry’s history.
Track-and-trace will reshape Rx supply chain
Sweeping changes will begin to transform the pharmaceutical supply chain at the start of 2015, when the first provisions of the Drug Supply Chain Security Act take effect.
In brand marketing, relevance to consumer is critical
the retail buyer and the consumer/shopper. This objective picture of the two viewpoints should contribute to a product’s success at retail. In this column, we explore the ways promotion impacts buyer and shopper behavior.