Top Pharmacy Retailers

Image description

Report: Walmart’s grocery share growth gains momentum

Walmart’s share of the $800 billion grocery market has grown to 21.5%, according to a report from CNBC that highlights Loop Capital analyst Andrew Wolf’s assessment of the retailer’s recent first-quarter results. Wolf notes that in Q1, Walmart outperformed U.S. supermarkets by 2.9%, which is up from the 1.6% outperformance it showed in Q4 2016. (CNBC)

Image description

Study: DIR fees, MACs are biggest concerns for rural pharmacists

Nearly 80% of respondents reported DIR fees as a very large magnitude challenge, with 83.3% reporting this as a very immediate challenge. Seventy-eight percent of respondents reported MACs not being updated quickly enough to reflect changes in wholesale drug costs as a very large magnitude challenge, with nearly 80% indicating it as a very immediate challenge. 

Image description

CVS’ Merlo talks AHCA, opioid crisis on WBUR

CVS Health president and CEO Larry Merlo was the guest on Boston’s WBUR radio station’s “Here & Now” Tuesday, speaking with host Jeremy Hobson about such topics as tax reform, Amazon’s potential entry into pharmacy and the ongoing question of what changes will come to health care as the Senate considers the American Health Care Act. “I think there are elements that make sense from the Republican plan, but clearly there are other elements the Republican plan does not deal with,” Merlo said. “I think there are many open questions that have yet to be answered” (WBUR)

Image description

Albertsons grows digital team with 2 hires

Karl Varsanyi, Albertsons’ new group VP product management and user experience, and Ramiya Iyer, who was named group VP IT digital and marketing/merchandising, possess a collective 30 years of experience in digital leadership.