December 20, 2012

More consumers plan to spend more on holiday shopping this year than last, according to a new Nielsen survey.

December 20, 2012

Retail co-pays for drugs are on the rise across all drug types, according to a new study by the Pharmacy Benefit Management Institute.

December 19, 2012

Revamping the center store could present an opportunity worth more than $440 billion for supermarkets, according to a new study by SymphonyIRI.

December 19, 2012

Predictions of a more active flu season are coming true as temperature differences have helped drive flu activity, a Citibank financial analyst wrote.

December 19, 2012

Customer service is the key driver of brand advocacy in retail pharmacy, according to a new study.

December 18, 2012

Negative perceptions of generic drugs are more likely among blacks and Hispanics, according to a new study.

December 18, 2012

More than two-thirds of generic drugs carry safety warning labels different from those of their branded equivalents, according to a new study.

December 18, 2012

A majority of prescribers would prescribe biosimilar versions of two treatments for rheumatoid arthritis within a year of their approval, according to a new study.

December 17, 2012

A slowdown in retail spending happened after a boost that followed Hurricane Sandy, according to a new report by a division of MasterCard.

December 14, 2012

Inc. magazine named Diplomat Specialty Pharmacy as one of the country's top 100 job creators as part of the business magazine's inaugural Hire Power Awards. Diplomat Specialty Pharmacy cracked the list at No. 94 with the addition of 233 new positions over the past three years and came in at No. 5 in the company's home state of Michigan.

But though the company comes in at No. 94 on 'Inc.''s list, measured up against the likes of IT Services juggernaut GoDaddy.com or the rapidly growing fast-food chain Colorado Smashburger, Diplomat Specialty is a bellwether all the same — specialty pharmacy is and will be the catalyst for growth in the retail pharmacy industry.

December 12, 2012

More than 10% of Americans consider Web-enabled, mobile health apps a part of their health care and key to living long lives, according to a new survey by a division of electronics manufacturer Philips.

December 7, 2012

Authorities in Massachusetts are looking to tighten regulations on compounding pharmacies as the state health department announced some changes to the makeup of the Massachusetts Board of Pharmacy and sent cease-and-desist notices to three compounding pharmacies for alleged violations.

Retail pharmacies looking to get into sterile compounding and exercise greater control over that supply chain — as Walgreens did last month when it bought an independent specialty compounding pharmacy in Indiana — should take note because it seems there will be increased scrutiny on the practice following a nationwide outbreak of meningitis linked to alleged unsanitary conditions at the Framingham, Mass.-based New England Compounding Center.

December 7, 2012

Walgreens last Wednesday reported November sales of $5.9 billion, a decrease of 3.9% versus the same period last year.

December 4, 2012

Hiding tobacco product displays at the point of sale may help reduce smoking among young people, a new study suggests.

December 4, 2012

The number of consumers using iPhones to gather medical information has grown by 94% since 2011, according to a new study by online medical publishing company The Patient's Guide.

December 3, 2012

Women with ovarian cancer and diabetes who took the generic diabetes drug metformin showed better survival rates than those who did not take the drug, according to a new study led by the Mayo Clinic.

November 30, 2012

Increasing the prescriptions filled by Medicare beneficiaries by 1% would reduce the program's spending on medical services by about 0.2% by reducing costs in such areas as hospitalizations, according to a new report by the Congressional Budget Office.

November 30, 2012

A new report shows that drug makers lose nearly $200 billion per year from medication nonadherence, illustrating that it's not just the healthcare system overall that loses when people don't take their medications properly.

This just goes to show the important role that pharmacy retailers have in helping to promote medication adherence by having pharmacists play an active role in patients' health care through services like medication therapy management.

November 30, 2012

It's only fitting that Walgreens placed its 8,000th store opening among the stars of Hollywood. It's not only a stellar achievement in and of itself, but the company's latest flagship store — and the first one on the West Coast — continues to emphasize Walgreens' out-of-this-world approach to drug store retailing.

Except you can't really call it drug store retailing, anymore. Not really. Because the other reason Hollywood is an appropriate backdrop to Walgreens' West Coast flagship is the fact that Walgreens has effectively transformed its big-box stage into a retail theater where each new grand location portrays a little of that flair in each new urban setting. That was evident in its second flagship store along Broadway in New York with its museum chronologically picturing those who have been honored in the Canyon of Heroes. And it's also evident in the second placement of a Walgreens' flagship store in Chicago.

November 29, 2012

The global market for generic drugs will reach more than $125 billion next year, according to a new report by a British market-research firm.

November 26, 2012

Consumer spending could drop by almost $200 billion next year while depressing real consumer-spending growth by 1.7% if middle-class taxes rise in response to the fiscal cliff, according to a report released Monday by a White House economic team.

November 26, 2012

When it comes to medication nonadherence, the most oftcited statistic illustrating its effect on the healthcare system is the New England Healthcare Institute's estimate that it costs the healthcare system $290 billion per year. But a new report shows how much drug makers lose as well.

November 26, 2012

Many health insurance plans are failing to provide coverage mandated by the healthcare reform law for treatments to help smokers and other tobacco users quit, the Campaign for Tobacco-Free Kids reported Monday, citing a study of insurance contracts by Georgetown University researchers that the group commissioned.

November 21, 2012

More than a quarter of adults have discussed health information online, and almost a third have changed their behavior as a result, according to a new survey.