Content about retail

April 22, 2014

Drug Store News’ sister publication, Chain Store Age, celebrated in March the winners of its 32nd annual Retail Store of the Year design competition, which recognizes the best in retail and restaurant design from around the world, as well as achievements in sustainability and in-store digital innovation.

Drug Store News’ sister publication, Chain Store Age, celebrated in March the winners of its 32nd annual Retail Store of the Year design competition, which recognizes the best in retail and restaurant design from around the world, as well as achievements in sustainability and in-store digital innovation.
 

April 21, 2014

"It is the race to attract shoppers and gain trips that is causing some retailers to lose their core identity which can potentially lead to puzzlement among consumers," writes Dave Wendland, Hamacher Resource Group vice president, in his latest entry.

Harkening back to managing an improvisational comedy troupe in San Diego and prior to that participating with a Milwaukee-based group, one of my favorite improv games was “What are you doing?” In this shtick, two performers stand together on stage. One begins performing a physical activity and when asked, “What are you doing?” describes an action that is totally unrelated.

March 31, 2014

"Retailers are not just looking for new products, and lots of talk, they are looking for trusted partners and results," writes Dan Mack, founder of the Mack Elevation Forum, in his latest blog post.

As legendary Harvard Business School marketing professor Theodore Levitt once put it, "people don't want to buy a quarter-inch drill. They want a quarter-inch hole!"  Retailers are not just looking for new products, and lots of talk, they are looking for trusted partners and results.   

March 17, 2014

Drug Store News’ sister publication Chain Store Age awards the winners of its 32nd annual Retail Store of the Year design competition, which recognizes the best in retail and restaurant design from around the world, as well as achievements in sustainability and in-store digital innovation.   

 

February 25, 2014

DSN recently caught up with Dick Domann, VP pharmacy services for TrialCard, to talk about adherence and abandonment solutions. Capturing otherwise lost scripts is a significant opportunity for retail pharmacy, and TrialCard has a tool to help reclaim those prescriptions.

Audio Q&A: DSN recently caught up with Dick Domann, VP pharmacy services for TrialCard, to talk about adherence and abandonment solutions. Capturing otherwise lost scripts is a significant opportunity for retail pharmacy, and TrialCard has a tool to help reclaim those prescriptions. 

February 6, 2014

"The unusually cold weather has likely put a deep freeze on retail sales, also. Not only did the retail sector experience a lackluster holiday shopping season, but now they are also hit with the reality that some shoppers are simply not going out into the cold. The winners may very well be online retailers," writes Hamacher Resource Group vice president Dave Wendland.

For those of us living in the Midwest — and perhaps throughout the country — we have become familiar with a weather term "polar vortex." No doubt you've heard the phrase pinging around the news media in recent weeks. One of the coldest Arctic outbreaks in two decades has blanketed a significant portion of our country, bringing bitterly cold temperatures to the Midwest, South, and East.

January 3, 2014

“How do we develop and maintain higher level strategic partnerships?” That was the theme of the recent Drug Store Industry Issues Summit in New York in December. Once a year, senior retail and manufacturing leaders get together to review the ever changing dynamics around how we create value for each other while satisfying the needs of the shopper.

“How do we develop and maintain higher level strategic partnerships?”
 

November 12, 2013

In part 2 of this three-part exclusive interview series with Target, Kevin Ronneberg, associate medical director, talks with DSNTV about Target’s growing retail clinic business, how it is simplifying the pharmacy experience and transforming the delivery of health care to its guests.

In part 2 of this three-part exclusive interview series with Target, Kevin Ronneberg, associate medical director, talks with DSNTV about Target’s growing retail clinic business, how it is simplifying the pharmacy experience and transforming the delivery of health care to its guests.

Menasha is sponsoring this special three-part installment.

September 11, 2013

As I look around my part of the country, I can’t help but notice that leaves are starting to change colors, football fans of all flavors are gearing up for competition and pharmacies are stocked up with flu vaccine – ready to begin administration of the annual flu shots.

As I look around my part of the country, I can’t help but notice that leaves are starting to change colors, football fans of all flavors are gearing up for competition and pharmacies are stocked up with flu vaccine — ready to begin administration of the annual flu shots.

August 27, 2013

How can retail pharmacy play a greater role in battling the nation's prescription drug abuse epidemic? Data. To shed light on how CVS Caremark tapped its extensive prescribing database to identify signs of potential inappropriate prescribing, CVS Caremark¹s Troy Brennan talked with DSN about the program and the ongoing efforts to combat prescription drug abuse.

AUDIO Q&A: How can retail pharmacy play a greater role in battling the nation's prescription drug abuse epidemic? Data. To shed light on how CVS Caremark tapped its extensive prescribing database to identify signs of potential inappropriate prescribing, CVS Caremark's Troy Brennan talked with DSN about the program and the ongoing efforts to combat prescription drug abuse.

August 5, 2013

As younger generations and even older people become more wired - and wireless - they will demand greater convenience in how they get their products. As an example of things to come, Doug Stephens tested eBay Now, a service from the online retailer that allows somebody to order an item with a mobile device and have it delivered anywhere, whether it's a permanent address or — as Stephens found — a park bench. Stephens is currently working on a TV series about the future of retail.

Audio Q&A: As younger generations and even older people become more wired - and wireless - they will demand greater convenience in how they get their products.

July 10, 2013

Since the relaunch of the Health Mart franchise in 2005, Health Mart’s road to success has shifted into high gear. Today, Health Mart continues to serve as a key to better pharmacy health with its enhanced suite of tools, resources and solutions to ensure that its members can continue to compete and thrive in the ever-evolving landscape of retail pharmacy.

Since the relaunch of the Health Mart franchise in 2005, Health Mart’s road to success has shifted into high gear. Today, Health Mart continues to serve as a key to better pharmacy health with its enhanced suite of tools, resources and solutions to ensure that its members can continue to compete and thrive in the ever-evolving landscape of retail pharmacy. To learn more, watch the video below.

July 10, 2013

DSN had the opportunity to speak with Christian Tadrus, who has been the pharmacist at Sam’s Health Mart in the Colombia, Mo. area, since 1997. Tadrus, a member of McKesson’s Sponsored Clinical Services pharmacy network, participates in a number of adherence support programs, including the award-winning Pharmacy Intervention adherence coaching program, StudyLink patient recruitment for clinical trials program, and the RxRapid Response pharmacist survey program.

DSN had the opportunity to speak with Christian Tadrus, who has been the pharmacist at Sam’s Health Mart in the Colombia, Mo. area, since 1997.

May 28, 2013

Risk is everywhere in our lives. The trick, as Mr. Buffett says, is to manage it through knowledge. Your exposure to risk in the pharmacy businesses may come about from various sources.

“Risk comes from not knowing what you're doing.” — Warren Buffett

Risk is everywhere in our lives. The trick, as Mr. Buffett says, is to manage it through knowledge. Your exposure to risk in the pharmacy businesses may come about from various sources.

Theft, litigation, competition, financial risk, risk that you will see Emdeon’s VP of Pharmacy Sales, Richard Brook in a Harlem Shake video…. and audit risk.

April 16, 2013

Eighty-five percent. That’s roughly the combined market share for the companies that appear in the 2013 DSN PoweRx50, representing more than $190 billion in pharmacy sales and more than 51,500 stores, or more than 8-out-of-10 retail pharmacies in America, across all classes of trade, chains and independents. The indisputable Kings of Retail Pharmacy.

Eighty-five percent. That’s roughly the combined market share for the companies that appear in the 2013 DSN PoweRx50, representing more than $190 billion in pharmacy sales and more than 51,500 stores, or more than 8-out-of-10 retail pharmacies in America, across all classes of trade, chains and independents. The indisputable Kings of Retail Pharmacy.

April 16, 2013

With just about 90 days to go until the start of the first-ever Total Store Expo in Las Vegas this August, DSN convened executives from leading consumer health and consumer packaged goods companies for a frank and wide-ranging discussion about how their companies are preparing to win at TSE. The show — which will combine the National Association of Chain Drug Stores’ former Marketplace, Supply Chain and Logistics, and Pharmacy and Technology conferences into one new mega-show — will bring together retail executives and suppliers from all three fields.

With just about 90 days to go until the start of the first-ever Total Store Expo in Las Vegas this August, DSN convened executives from leading consumer health and consumer packaged goods companies for a frank and wide-ranging discussion about how their companies are preparing to win at TSE. The show — which will combine the National Association of Chain Drug Stores’ former Marketplace, Supply Chain and Logistics, and Pharmacy and Technology conferences into one new mega-show — will bring together retail executives and suppliers from all three fields.

February 19, 2013

One of the biggest questions the average person might have about specialty pharmacy is, well, what the heck is it?

PHOENIX — One of the biggest questions the average person might have about specialty pharmacy is, well, what the heck is it?

Avella Specialty Pharmacy seeks to answer that question with a new, 1-minute, 45-second animated video titled, "What is a Specialty Pharmacy?" which seeks to explain the differences between a specialty pharmacy and a traditional retail pharmacy.

February 1, 2013

Even as the big chains get bigger, the industry's top regional chains continue to grow in relevance and importance in the markets they dominate. In this special digital report, DSN profiles the leading regional pharmacy chains in food, drug and mass, with a special focus on what makes each one unique.

Even as the big chains get bigger, the industry's top regional chains continue to grow in relevance and importance in the markets they dominate. In this special digital report, DSN profiles the leading regional pharmacy chains in food, drug and mass, with a special focus on what makes each one unique.

January 31, 2013

Hospitals need retail pharmacy if they're going to reduce re-admissions, eliminate unnecessary healthcare costs and avoid penalties from Medicare for patient re-admission rates that are too high, under a new law that took effect Oct. 1. With that in mind, Walgreens created WellTransitions.

Audio Q&A: Drug Store News sat down with Joel Wright, Walgreens VP health systems operations, to talk about the company's WellTransitions program. Hospitals need retail pharmacy if they're going to reduce re-admissions, eliminate unnecessary healthcare costs and avoid penalties from Medicare for patient re-admission rates that are too high, under a new law that took effect Oct. 1. With that in mind, Walgreens created WellTransitions.

August 1, 2012

One thing remains unchanged about our readers: Retail clinicians tend to love their jobs. What has changed somewhat over the years is the chief reason retail clinicians seem to like what they do.

One thing remains unchanged about our readers: Retail clinicians tend to love their jobs. In all, about 75% of readers said they are extremely (31%) or mostly (44%) satisfied with their current job working in a retail clinic. What has changed somewhat over the years is the chief reason retail clinicians seem to like what they do. For the first time, the ability to work directly with patients to improve health outcomes trumps the autonomy and independence the model affords clinicians who have worked in other practice settings, with more than 6-of-10 citing some aspect of patient care.

July 27, 2012

Everybody loves a comeback story, and it looks as though the retail pharmacy industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.

Everybody loves a comeback story, and it looks as though the retail pharmacy industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.

For the full Rite Aid Annual Report, click below.

June 18, 2012

Every year, thousands of new items are launched at retail. Typically, about half of 1% are ever truly successful. The DSN Innov-ies salutes the most innovative new products in health and beauty launched between May 2011 and May 2012 — not just a bunch of new flavors and sizes, but the truly unique items that brought real growth to the category.

Every year, thousands of new items are launched at retail. Typically, about half of 1% are ever truly successful. The DSN Innov-ies salutes the most innovative new products in health and beauty launched between May 2011 and May 2012 — not just a bunch of new flavors and sizes, but the truly unique items that brought real growth to the category. In all, DSN received nearly 700 votes via a special online ballot. DSN readers voted for their top 10 picks. The rankings in this special report reflect the total percentage of votes each item received.

May 21, 2012

Retail pharmacy veteran Frank Scorpiniti officially assumed the role of CEO of Rexall Pharma Plus in February. Now that he’s settled in North of the Border, Scorpiniti talked with Drug Store News about his new role and his insights on the Canadian retail pharmacy market.

Retail pharmacy veteran Frank Scorpiniti officially assumed the role of CEO of Rexall Pharma Plus in February. Now that he’s settled in North of the Border, Scorpiniti talked with Drug Store News about his new role and his insights on the Canadian retail pharmacy market.

May 17, 2012

Recent industry trends surrounding niche brands have elevated the role that business development organizations, master brokers, regional brokers and sales and marketing consultants play in helping to bring niche brands to market, stay on shelf and garner the greatest ROI from their marketing spend. To gain greater insight into how these industry professionals are helping niche brands find success at retail, DSN hosted a virtual roundtable discussion with some of today’s leading players.

For niche brands, getting a foot in the door of mass market retail is no easy feat, and the stakes remain high as retailers have, in recent years, trimmed SKU counts and grown increasingly risk-adverse. Yet, at the same time, retailers remain on the hunt for a point of differentiation among a sea of “sameness.”

May 16, 2012

For niche brands, getting a foot in the door of mass market retail is no easy feat, and the stakes remain high as retailers have, in recent years, trimmed SKU counts and grown increasingly risk-adverse. Yet, at the same time, retailers remain on the hunt for a point of differentiation among a sea of “sameness.”

For niche brands, getting a foot in the door of mass market retail is no easy feat, and the stakes remain high as retailers have, in recent years, trimmed SKU counts and grown increasingly risk-adverse. Yet, at the same time, retailers remain on the hunt for a point of differentiation among a sea of “sameness.”