The retail behemoth that is Wal-Mart Stores Inc. is fixing its sights on a new target: the nation’s overstretched and overly costly primary healthcare system. The result could be a major disruption of that system and the acceleration of health reform in America.
“Our health-and-wellness experts are leading the way for the future of health care in our stores and beyond.”
For any retail pharmacy provider, that would be a bold, perhaps even overly confident, assertion. But coming as it does from Walmart, it’s something that both the U.S. healthcare system and Walmart’s competitors are taking seriously.
Established in 1942, Lewis Drug made its mark as the first self-service drug store in South Dakota. Today, Lewis continues to go strong with an even greater emphasis on improving patient health outcomes.
Building on its strong service reputation and a solid foundation of loyal shoppers in the Northeast and Mid-Atlantic region, Wegmans will continue its slow but steady expansion as it extends its menu of health-and-wellness offerings.
Ahold USA’s COO James McCann earlier this year outlined the driving force behind the supermarket operator’s overarching initiatives — improve customer perceptions of its U.S. operations across quality and service, as well as price.
Five macro trends impacted sales of OTC medicines in 2014, Bob Sanders, EVP at IRI, shared with attendees of the Consumer Healthcare Products Association Annual Executive Conference in March. On the plus side, switch continues to drive considerable growth across OTC aisles — Rx-to-OTC accounted for 19% of OTC sales and 27% of growth in the past five years, and that trend is likely to continue, Sanders said