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 20, 2014

Okay, I’ll admit it. I’m a fan of NBC’s "The Voice." It’s not because of the variety of talent that graces the stage and tries to wow the judges and the general public, but rather because of the blind auditions. For those unfamiliar with this popular television reality show, singers have a 90-second audition to make an impression on the panel of celebrity judges.

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.   

 

March 14, 2014

In advance of CHPA’s 2014 Annual Executive Conference, DSN sat down with Scott Melville, CHPA president and CEO, and Jim Mackey, CHPA chairman, to discuss what’s in store for the OTC industry.

Audio Q&A: In advance of CHPA’s 2014 Annual Executive Conference, DSN sat down with Scott Melville, CHPA president and CEO, and Jim Mackey, CHPA chairman, to discuss what’s in store for the OTC industry.

Jim Mackey and Scott Melville

 

Smartphone users can click here to listen.

 

March 13, 2014

In December 2013, the Drug Store News Group hosted an exclusive roundtable discussion of leading pharmacy retailers and a select group of key vendors.

In December 2013, the Drug Store News Group hosted an exclusive roundtable discussion of leading pharmacy retailers and a select group of key vendors. Moderated by special guest Dave Wendland of Hamacher Resource Group, the panel tackled a wide range of issues, including implementation of the Affordable Care Act and how it will impact the practice of pharmacy and patient care in diabetes management, how to better leverage the pharmacist in injection training and nutrition counseling, and new programs that are helping to change patient behavior and improve outcomes.

March 6, 2014

DSN breaks down the brands and categories driving the business.

DSN breaks down the brands and categories driving the business.

 

February 27, 2014

Community pharmacy fills gaps in access and affordability for patients and payers.

Community pharmacy fills gaps in access and affordability for patients and payers.

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 12, 2014

"You may have heard the good news: through proactive involvement from pharmacists all across the state, California recently passed a law (SB 493 in October, 2013) declaring that pharmacists are healthcare providers who have the authority to provide healthcare services within the state. The law creates a new category of pharmacists by statute, for those who meet the criteria, and as a result creates new opportunities for pharmacists to engage with others more traditionally understood as healthcare providers to assist patients in managing chronic conditions," writes Nathan Ludvigson, director, government business development at Emdeon.

You may have heard the good news: through proactive involvement from pharmacists all across the state, California recently passed a law (SB 493 in October, 2013) declaring that pharmacists are healthcare providers who have the authority to provide healthcare services within the state.

February 11, 2014

The 15th annual Industry Issues Summit, hosted by The Drug Store News Group on Dec. 3, brought together a powerful lineup of some the top minds in the business.

The 15th annual Industry Issues Summit, hosted by The Drug Store News Group on Dec. 3, brought together a powerful lineup of some the top minds in the business. Discussion, which was driven by questions developed by a select group of vendors, focused on three core themes: strategic alignment between retailers and suppliers, better sharing of risk and maintaining trust and transparency. The transcript that follows represents key highlights from the day’s conversations.

February 10, 2014

DSN recently sat down with Martie Moore, chief nursing officer at Medline, to discuss this year's virulent flu season and what efforts caretakers can take to help stop the spread of the flu.

Audio Q&A: DSN recently sat down with Martie Moore, chief nursing officer at Medline, to discuss this year's virulent flu season and what efforts caretakers can take to help stop the spread of the flu. In addition to hand washing and sanitizing, Medline recently launched the Curad Antiviral Face Mask, a face mask that inactivates flu viruses within five minutes of contact, according to the company. 

February 7, 2014

From 2012 to 2017, global spending on medicines will increase from $205 billion to $235 billion, according to IMS Health. By 2017, 36% of the spend will be on generics, a number that is 9% more than the percentage in 2013.

As a result of the patent cliff, generic drug manufacturers have thrived while branded pharmaceutical manufacturers have suffered. Branded pharmaceutical manufacturers are expected to suffer even more in the coming years, as many more important patents will lose exclusivity.
A recent paper from the Centers for Medicare and Medicaid Services delves into these issues and more.

As a result of the patent cliff, generic drug manufacturers have thrived while branded pharmaceutical manufacturers have suffered. Branded pharmaceutical manufacturers are expected to suffer even more in the coming years, as many more important patents will lose exclusivity. 

A recent paper from the Centers for Medicare and Medicaid Services delves into these issues and more.

Click here to read the full Generics Drug Report 2014. 

 

February 7, 2014

Where is pharmacy automation headed, and how will it be put to use by pharmacists and the companies that employ them?

Where is pharmacy automation headed, and how will it be put to use by pharmacists and the companies that employ them?

 

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 30, 2014

“You have got to get real and get back to the customer.” That’s critical advice Family Dollar EVP and chief merchandising officer Jason Reiser had for vendors looking to bring value to the dollar store channel, in a special video interview with DSNTV.

“You have got to get real and get back to the customer.” That’s critical advice Family Dollar EVP and chief merchandising officer Jason Reiser had for vendors looking to bring value to the dollar store channel, in a special video interview with DSNTV. “And I don’t want you to do it in the cushy office you have; I want you to get into the street, and I want you to get with our customer,” Reiser told DSN in the latest edition of its Executive Viewpoint video series. “Most of them have $10 to spend on any given trip.

January 29, 2014

Ken Martindale, president and COO of Rite Aid, discussed the challenges involved and the careful process behind the reinvention of a brand, and shared the story of Rite Aid’s own reinvention as a company — and the decisions and strategies its leaders put in place to drive that transformation — at a special one-day summit co-hosted by The Drug Store News Group and the Mack Elevation Forum in August.

“How many of you are with a company that has come to the realization that the way you’re currently structured or the way you’re positioned simply isn’t enough in today’s marketplace; or that the products and services you’re providing are not as relevant to the changing consumer as they once were?” That was a key question Ken Martindale, president and COO of Rite Aid, had for attendees of a special one-day summit co-hosted by The Drug Store News Group and the Mack Elevation Forum in August. And nearly every hand in the room was raised in the air.

January 29, 2014

As the massive changes wrought by the Affordable Care Act reach a crescendo in early 2014, who are Americans turning to for help navigating the complexities of a health system in transformation?

As the massive changes wrought by the Affordable Care Act reach a crescendo in early 2014, who are Americans turning to for help navigating the complexities of a health system in transformation? In many cases, it’s to the nation’s most accessible health-and-wellness providers: community pharmacists.

According to an online survey of 348 pharmacists, conducted by Drug Store News, almost two-thirds say they have been receiving questions about health reform since Jan. 1.

January 23, 2014

In a recent report, 59News explored how DEA regulations on pain medications can limit a pharmacy's supply, preventing patients from obtaining their medications.

In a recent report, 59News explored how DEA regulations on pain medications can limit a pharmacy's supply, preventing patients from obtaining their medications.

January 10, 2014

One of the principles of association leadership says that an association should reflect the membership. Hopefully, NACDS’ approach to member service has resembled the can-do spirit of community pharmacy during the launch of exchange-based insurance.

One of the principles of association leadership says that an association should reflect the membership. Hopefully, NACDS’ approach to member service has resembled the can-do spirit of community pharmacy during the launch of exchange-based insurance. 
 

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?”
 

January 2, 2014

One reason pain patient advocates are so passionate about what they do is because they are pain patients themselves — they know the stigma associated with chronic pain

Audio Q&A: One reason pain patient advocates are so passionate about what they do is because they are pain patients themselves — they know the stigma associated with chronic pain; they know how difficult it can be to access appropriate pain therapy sometimes. That’s the story of Gina Libby, volunteer pain patient advocate who has lived with chronic pain for more than 20 years.

December 27, 2013

As the company completes its 50th year in business and the country awaits a period of change in health care unlike anything seen in at least that time, CVS Caremark executives are quite confident that its unique hybrid structure and its ability to leverage the three core parts of its business — either individually or together, in varying combinations to serve a multitude of needs — aligns more effectively with the long-term trends in health care and puts the company in a unique position at a singular moment in history.

As the company completes its 50th year in business and the country awaits a period of change in health care unlike anything seen in at least that time, CVS Caremark executives are quite confident that its unique hybrid structure and its ability to leverage the three core parts of its business — either individually or together, in varying combinations to serve a multitude of needs — aligns more effectively with the long-term trends in health care and puts the company in a unique position at a singular moment in history.

December 10, 2013

DSN connected with GMDC’s president and CEO Dave McConnell to discuss the versatility of a relatively new offering — GMDC Connect powered by Telepresence. It’s a platform that supports education, collaboration and real-time decision making no matter where the participants are, including on their smartphones or tablets.

DSN connected with GMDC’s president and CEO Dave McConnell to discuss the versatility of a relatively new offering — GMDC Connect powered by Telepresence. It’s a platform that supports education, collaboration and real-time decision making no matter where the participants are, including on their smartphones or tablets.

December 5, 2013

Regular visits to the doctor, keeping a strict fitness routine and dieting are perceived to be the most important elements in managing and preventing diabetes, according to a recent online survey of more than 500 AccentHealth viewers with diabetes or a family history of diabetes. As many as 94% of respondents visited their doctor regularly, and the same number of respondents exercised regularly. To see more Patient Views, click here.

Regular visits to the doctor, keeping a strict fitness routine and dieting are perceived to be the most important elements in managing and preventing diabetes, according to a recent online survey of more than 500 AccentHealth viewers with diabetes or a family history of diabetes. As many as 94% of respondents visited their doctor regularly, and the same number of respondents exercised regularly. To see more Patient Views, click here.