July 16, 2013

Men who took an erectile dysfunction drug made by Eli Lilly experienced normal erectile function when taking it once a day as opposed to taking erectile dysfunction treatment on an as-needed basis, according to a new study.

July 16, 2013

Pharmacists in Indiana want an active consultation role when customers purchase over-the-counter HIV tests, according to a new study.

July 15, 2013

Family Dollar Stores on Wednesday named Jason Reiser to the position of SVP merchandising where he will have executive responsibility for the company’s health, beauty, personal care and household teams. Reiser comes to Family Dollar from Sam’s Club, where he spent more than 17 years in a variety of roles, most recently serving as VP merchandising, health and family care.

Jason Reiser is one of the brightest young merchandising executives in this industry and has proven a knack for making health and wellness relevant and exciting to shoppers in alternative channels — Reiser was instrumental in developing and implementing Sam's Club's three-pillar strategy around Awareness, Prevention and Solutions. Expect Reiser to bring some innovation in the way health and wellness is sold in a dollar store environment.

July 15, 2013

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada.

When Loblaw announced last week it would debut a new health-focused format to take on Whole Foods, no one could have expected it would make a deal to become the No. 1 pharmacy retailer in Canada, leapfrogging from No. 8 to that top spot with the stroke of a pen. Together the companies will operate 1,797 pharmacies across a total of 2,348 locations, meaning 1-in-5 Canadian pharmacies now will be operated by the merged company. Shoppers Drug Mart represents $4.9 billion in annual pharmacy sales, representing 47.3% of sales and $3.9 million in pharmacy sales on a per store basis. And if Loblaw's pharmacy sales are brought up to that level, the merged companies will represent $6.8 billion in pharmacy revenue.

July 15, 2013

Self-reported medication adherence rates increased among Type 2 diabetes patients using a mobile app, the maker of the app said Monday.

July 15, 2013

Supermarket chain Wegmans took the time last week to issue a clarification following local news reports: It would not be ending healthcare benefits for its part-time employees. A story in the Buffalo News had a headline, "Wegmans cuts health benefits for part-time workers," that had been misconstrued.

It's no secret why Wegmans — which operates 81 stores in New York, New Jersey, Pennsylvania, Virginia, Maryland and Massachusetts — is included in Fortune magazine's list of the "100 Best Companies to Work For."

July 10, 2013

A new study by researchers at the University of Washington provides further evidence that most of the health problems affecting the country are linked to lifestyle choices.

July 10, 2013

The United Nations Food and Agricultural Organization released its annual "The State of Food and Agriculture Report" recently, finding that the adult obesity rate in Mexico was 32.8%, compared with 31.8% in the United States.

July 10, 2013

Many patients are not complying with their prescription drug therapies due to adverse side effects, even though some OTC drugs can treat them, according to a new study commissioned by a maker of products for dry mouth, one of the most common medication side effects.

July 10, 2013

Pharmacists remotely monitoring patients helped them achieve better blood-pressure control than physicians in usual care, according to a new study.

July 9, 2013

The U.S. healthcare system has saved $25.5 billion over seven years from generic drugs launched under patent settlements between branded and generic drug manufacturers, according to a new study.

July 9, 2013

With some studies showing that patients' failure to take their medications as directed costs the economy nearly $300 billion per year, one group is looking to tackle what it sees as part of the problem: doctors' and pharmacists' instructions to patients on how much medicine to take and when.

July 8, 2013

Of the 195,000 jobs created last month, 37,000 were in retail, according to the latest numbers form the Department of Labor.

July 2, 2013

A dramatic increase in the number of women dying from opioid painkiller overdoses has health officials alarmed.

July 1, 2013

In a new article in Men's Health magazine, pharmacists are listed among a number of other health and wellness professionals dubbed "health detectives," and seeing them about certain health problems is described as an alternative to seeing the doctor.

To regular readers of DSN, the idea of pharmacists as the face of neighborhood health care or physician extender is old news. But it's still a relatively new concept to the public at large, and that's why the Men's Health article is such a big deal and why it got a response from National Association of Chain Drug Stores' president and CEO Steven Anderson.

July 1, 2013

At a time when more and more retailers are embracing mobile technology, North America is set to account for one of the highest percentages of tablet sales, according to a new study.

July 1, 2013

Though Walgreens reported an earnings gain of 85 cents per share, that fell short of Wall Street expectations of 91 cents per share. Subsequently, Walgreens' stock dropped from $48.05 before the earnings release to $44.17 at week's end.

But that's a story for day traders. Outside of the numbers, Walgreens outlined a three-point plan to boost front-end performance going forward. Meanwhile, several industry trends across pharmacy is helping to drive business higher behind the bench. So what happens if Walgreens not only continues its earnings growth trajectory, but actually beat Wall Street expectations next time?

June 27, 2013

Specialty pharmacy plays a key role in lowering healthcare costs and improving outcomes, according to a new study.

June 25, 2013

It appears that medication adherence among Americans age 40 years and older ranges from mediocre to worse, according to a new report by a trade group representing independent pharmacies.

June 24, 2013

A recent KPMG survey found that almost half (40%) of retailers will be looking to invest in technology to help grow their respective businesses. And engaging the customer through social media and loyalty apps may become significant, as 37% of retailers expect customer retention is the key to growth while 35% suggested adding to their customer bases is key.

It further illustrates the fact that marketers need to take an omnichannel approach to engage today's consumers.

That significance within social media and loyalty apps is simple, really. Marketers can't expect to generate a trip if they're not effectively reaching the consumer with their marketing messages. After all that's the underlying premise of omnichannel retailing — reaching the consumer with a shopping solution wherever, whenever and however she wants that solution, and then personalizing that solution with the help of big data analytics.

June 24, 2013

Rite Aid reported its third consecutive profitable quarter Thursday, with profits of nearly $90 million, following the introduction of the largest expansion of its Wellness+ loyalty card program, dubbed Wellness65+, and days before the promotion of COO Ken Martindale to president of the company.

The 4,615-store drug chain has been on a roll lately, continuing to benefit from the switch from branded to generic drugs and the retention of last year's dispute between Walgreens and Express Scripts.

June 19, 2013

More responsible use of drugs could save the U.S. healthcare system more than $200 billion per year, according to a new study by the research arm of IMS Health.

June 19, 2013

A large majority of Americans are taking prescription drugs, according to a new study by the Mayo Clinic.

June 18, 2013

Spending on health care will slow down in 2014 despite a flood of new patients who will have insurance, according to a new study.