A retail pharmacy giant is beginning to fully harness the power of scale. Now firmly established as one of the top retailers of prescription drugs in the United States, Walmart may soon lay claim to an even bigger share of the pharmacy and OTC market as its leaders learn to align pharmacy operations and in-store marketing efforts more closely with other departments within Walmart’s Supercenters, discount stores and Neighborhood Markets.
Move over fellas; the condom aisle isn’t just for men anymore. Well, it never was really, but as retail pharmacies become more adept at discreetly merchandising intimacy health — remember when the pharmacist had to pull the condom display from behind the counter? — there is a trend developing toward marketing condoms with the female buyer in mind.
Perrigo Animal Health in May announced its launch of PetArmor Joint Health Maximum, a supplement for dogs that contains glucosamine, chondroitin, MSM and manganese. It’s an opportunity for retailer’s to associate their store brand with a quality pet supplement.
It’s been 10 years since Drug Store News first introduced its annual Niche Brand Report, which was created to highlight the role that smaller brands play in driving innovation and growth. The DSN Niche Brands Top 100 measures the leading small- to mid-sized brands with total sales of under $100 million.
In lead-up to Thursday’s Senate Finance Committee hearing, “A Pathway to Improving Care for Medicare Patients with Chronic Conditions,” the National Association of Chain Drug Stores submitted comments highlighting pharmacy’s role in helping patients manage their chronic conditions.