Don’t think of it as a set prototype — it’s an evolution. That’s what Rite Aid executives have always maintained, since first launching its Wellness store format in 2010. If you want to see where the evolution has taken the chain, and how the very latest thinking is reflected in the current format, watch Rite Aid president and COO Ken Martindale walk DSN through the company’s newly remodeled Wellness store in Beverly Hills, Calif., on North Canon Road.
In July, the National Association of Specialty Pharmacy and the Specialty Pharmacy Association of America announced the two organizations would merge, creating the largest professional and trade association in the specialty pharmacy industry. To find out more, DSN interviewed Larry Irene, CEO of Armada Health Care and SPAARx founder, and Gary Cohen, CEO of NASP.
Look for Walgreens to continue to try to create a kind of retail theater, focused very sharply on the front end of the store.
“Leading change.” That was theme for this year’s Cardinal Health Retail Business Conference, held in Washington, D.C., last month at the Gaylord National Resort and Convention Center, from July 23 to 26.
Nearly 5,000 attended McKesson ideaShare 2014, held July 20 to 24 in Orlando, Fla., including more than 1,000 community pharmacies, more than 600 exhibitors and more than 300 first-time attendees.
Target’s U.S. sales held up reasonably well in second-quarter 2014, but weak results in Canada and expense pressures prompted the company to reduce its full-year profit expectations a week after Brian Cornell became president and CEO.
It’s show time once again as the National Association of Chain Drug Stores kicks off its Total Store Expo in Boston. Hailed as the industry’s largest gathering of its most influential leaders, the NACDS Total Store Expo is a combination of both strategic and tactical business meetings between existing and new trading partners. Attendees will no doubt end this four-day conference armed with new insights into today’s evolving marketplace.
While drug stores across North America have diversified their mix over the past few years, over-the-counter medications remain at the heart of most every pharmacy retailer’s efforts, helping to maintain the drug channel’s inherent value as a front-line healthcare provider and the outlet of choice for consumers suffering from a wide range of minor illnesses.
DSN presents a preview of some of the hottest beauty products that will appear on the show floor at NACDS Total Store Expo.