09/12/2014 - 1:28pm

Walgreens recently became one of the first retailers to enable Apple's new Apple Pay system, keeping the retail pharmacy giant on the cutting edge of mobile and omnichannel shopping. 

Walgreens isn't alone, of course, http://www.drugstorenews.com/article/target-app-integrate-new-apple-pay " target="_blank">Target also will enable Apple's new payment system. “We know mobile is becoming the front door to Target, and we’re focused on creating the best possible mobile experiences for our guests,” said Jason Goldberger, SVP of Target.com and mobile, in the company’s “A Bullseye View” newsletter. “We’re thrilled to support Apple Pay to streamline how our guests pay in the Target app — this absolutely makes purchasing from Target’s mobile app easier than ever.”
 
It's a smart play, especially with all of the recent hacking incidents at retail — Apple Pay serves as an encrypted payment service that doesn't reveal such identifiers as name and credit card number as part of the transaction. Apple Pay, and other similar services no doubt, will evolve into the latest facet of omnichannel shopping. Not only will tomorrow's mobile shopper get what she wants, where she wants it and when she wants it, but also how she wants to pay for it. 
 
But it's a smart play for other reasons, too. Apple Pay stands a strong chance of defining the mobile payment space. There aren't too many companies that garner the kind of media attention that Apple does for a new product announcement (USA Today promised its app users live updates from California). But it's with good reason, people interested in news about Apple products tend to be higher-income consumers who actively embrace the new features with each upgraded iPhone. 
09/05/2014 - 12:43pm

Social media outlets. Consumers. Wall Street. Government officials. Everyone was buzzing over CVS Caremark’s news on Wednesday that it has changed its corporate name to CVS Health and stopped selling tobacco in all of its stores.

08/22/2014 - 9:10am

Feeling under the weather and need an over-the-counter medication delivered to your door or diapers for the little one? Call Uber.

08/14/2014 - 2:49pm

First with its iPod, and then with its iPhone and iPad, Apple has successfully introduced the kind of disruptive innovation that has helped redefine whole industries.

08/08/2014 - 10:43am

Walgreens pulled the trigger on step two of its proposed Alliance Boots merger a full six months early.

 

08/01/2014 - 8:18am

Dollar Tree and Family Dollar last week announced an $8.5 billion merger that, when completed, will create the largest dollar store operator in the United States.

07/26/2014 - 5:23pm

Kermit Crawford, Walgreens president of Pharmacy, Health and Wellness, has decided to retire after 31 years with the company

 

07/18/2014 - 1:03pm

Industry consolidation continues as CVS Caremark has entered an agreement to snap up regional player Navarro Discount Pharmacy — a move that makes sense for CVS Caremark on several fronts.

Not only does the acquisition strengthen CVS Caremark’s position in the Hispanic marketplace, the fastest growing demographic in the United States, but the deal also includes Navarro Health Services, a specialty pharmacy serving those with complex diseases.

07/11/2014 - 10:00am

CVS/pharmacy replaced single-ingredient pseudoephedrine products with the tamper-resistant PSE product, Zephrex-D, in all of its West Virginia stores, as well as stores in nearby states that are located within 15 miles of West Virginia's border, including Kentucky, Maryland, Ohio, Pennsylvania and Virginia.

 

With the move, West Virginia has become a de facto test market for the diversion-defiant PSE formulation, because along with CVS/pharmacy, Rite Aid and Fruth and soon Walgreens will all be selling similar formulations. The move sends a stern message to West Virginian methamphetamine makers to the tune of Tom Petty's "Don't come around here no more."