Rite Aid climbs back into the industry elite
It is becoming increasingly difficult not to think of Rite Aid as one of the chain drug industry’s trendsetters.
It is becoming increasingly difficult not to think of Rite Aid as one of the chain drug industry’s trendsetters.
Kerr Drug’s decision to sell its retail and specialty pharmacy businesses is another milestone on the road to consolidation that community pharmacy has been on for more than two decades.
The retail consumer shift toward wellness is well under way. Hamacher Resource Group and several leading trade associations spotted this emerging trend years ago and changed the term “health and beauty care” (HBC) to “health, beauty, and wellness” (HBW) in everything they produced.
and sell — more goods made in America, at the expense of foreign-produced products. Some 1,500 people attended the two-day summit.
The drive toward coordinated health care is redefining the relationships between providers and creating opportunities for drug chains and other community pharmacy operators to become more tightly woven into the continuum of care.
America is a nation in pain. Over 100 million Americans suffer from chronic pain, and the annual cost of health care for pain (including disability days and lost wages and productivity) is estimated at between $560 billion and $635 billion.
Loblaw Cos.’ pending acquisition of Canada’s Shoppers Drug Mart drug chain is but the latest example of a global chain drug store business that continues to pursue realignment, if not consolidation. At first glance, the Loblaws-Shoppers tie-up makes little sense.
The run-up to the launch of the centerpiece of the nation’s health care reform plan isn’t going smoothly.
Offering fast-moving consumer goods such as cold beverages, magazines, candy, gum and mints at checkout is the tried-and-true formula for ensuring quick turns on low-margin items with high consumer demand.
Unlike traditional skin care products, which are typically used for moisturizing, medicated skin care products provide relief from such conditions as acne, eczema, rashes and itching, rosacea, warts, and psoriasis.
or, for that matter, any other retail trade organization — is finally upon us. The result is that some 5,200 people — a group that includes the NACDS board — are descending on Las Vegas to meet, talk,
With less than two months to go before open enrollment in the new state health insurance exchanges begins, one of the great dramas in the history of retail pharmacy is about to unfold.
or those premises — here’s a look at the most significant events thus far in
Retail pharmacy has emerged as a catalyst for change. National chains, including CVS Caremark and Rite Aid, as well as such regional players as Kerr Drug, are rethinking their practice and business models in a bid to make health care more accessible, efficient and affordable.
or reemerged — on the chain drug scene this spring, each bringing a sense of excitement and innovation to an industry suddenly in need of both. Perhaps the most intriguing aspect of their emergence is that each is a throwback to an earlier time, a period when innovation and
a key provision of the legislation, but one the Supreme Court,