With the explosion of online shopping, consumers need more of an incentive to go to drug stores. Digital health and wearables have the potential to draw more in-store consumers, according to Deborah Weinswig, head of Global Retail and Technology, and Anne Marie Stephen, CEO and founder of Kwolia.
“Average telehealth costs are $40 to $50 compared to $136 to $176 for a related in-person visit, while the most common diagnoses made during telehealth visits are sinusitis, cold, flu, pertussis and urinary tract infections,” according to the Robert Wood Johnson Foundation April 2015 report, “Building a culture of health: The value proposition.”
TruTag Technologies is looking to impact the food and drug industry with its edible security platform. “TruTags,” the company's microtags, can help to authenticate products without packaging or labels. DSN recently spoke with Kent Mansfield, president of TruTag Technologies.
The National Association of Chain Drug Stores will host a Vision 2026 platform at the Total Store Expo this month in Denver. Here, DSN previews a few of the companies that will be participating in Vision 2026 by offering their perspectives on the changes ahead in retail and health care in the years to come.