At the end of May, Drug Store News and Mack Elevation Forum co-hosted the first Future Leaders Summit in Chicago. Our in-depth special report appears in the July 2016 issue.
For retailers and CPG companies, there is an inherent danger into lumping people together in neat little buckets — which might explain why “personalization” is such a big buzzword in the industry these days. With millennials, it is like playing Russian roulette with your marketing dollars.
As patients look for ways to obtain healthcare in more convenient and lower-cost settings, new opportunities are emerging for retail pharmacies to help meet patient needs. Many pharmacies already are recognized as cost-efficient channels for expanding public access to vaccinations, disease management, medication management, and other clinical services.
When I started covering this business about 20 years ago, there was a lot of attention around channel blurring. Today, convenience is however the consumer defines it.
Prince's sudden passing has disrupted the music industry and the broader creative culture. Whether one appreciated his music or didn’t, his talent was magnetic. You could not ignore his ability to tell a story; you could not ignore his authenticity. And that is something that everyone could learn from.
I often use the expression and encourage others to “Look around the corner.” My intent is to reinforce the importance of not becoming too comfortable with the status quo. New opportunities present themselves everyday – but you may have to stretch your imagination a bit and connect dots that are not yet formally established.
There was once a time when “Made in China” was not part of the U.S. experience, but that changed in the 1980s. No longer was our Chinese connection limited to fortune cookies and take-out.
In this issue, Drug Store News previews its DSN 2016 Yearbook, featuring our annual PoweRx company profiles. The full report will be available this summer with exclusive company rankings and profiles of every company in our Top 50. Two strong examples are Ritzman Pharmacy and Benzer Pharmacy — two small chains that are big on innovation and growing their businesses in unique ways.
Retail health fairs — both mega events, such as Walmart’s “America’s Biggest Health Fair” on Oct. 10, 2015, or smaller, periodic local events hosted annually by thousands of retailers across the country — represent one of the simplest mechanisms for massive, individualized public awareness around such key health issues as flu prevention, early diabetes detection and/or prevention, and more.
Pharmacy’s engagement with legislators through the National Association of Chain Drug Stores RxImpact grassroots program provides a window into the industry and the profession.