Retail pharmacists will be missing out on as much as a $20 billion opportunity if they don't identify how to consistently and efficiently engage their patients, suggested Jeff Rehling, principal at Edgewood Consulting Group, during a business session Sunday at the recent 2013 GMDC Health & Wellness @ Retail Conference.
Integration of social and mobile media, as well as shipping options and flexible returns, can drive brand loyalty as consumers seek out more choices and convenience when shopping online, according to a new study.
Burgeoning target demographics, such as Hispanics, Asians and baby boomers, along with an increased utility of smartphone technology as a shopping tool, will help to redefine retail altogether, suggested Thom Blischok, chief retail strategist and senior executive adviser for Booz & Co. during the keynote address and closing session for FMI’s part in the Health & Wellness @Retail 2013 conference on Saturday.
GMDC and The Retail Gateway on Sunday will showcase the latest virtual connectivity innovation — GMDC365 — that will help bridge the gap between retail buyers and suppliers at the GMDC/FMI Health & Wellness @Retail 2013 conference.
In an effort to inform and educate GMDC members on the availability of RetailNet Group’s Global Store Tours database, the RetailNet Group will be among the presenters during Sunday’s business sessions.
Anthem Blue Cross patients with HIV can continue receiving their drugs through community specialty pharmacies under a settlement of a lawsuit filed against the healthcare company by an advocacy organization.
A panel of six consumers of varying backgrounds dished out real insights as to how — and more importantly, why — they shop health and wellness to a packed auditorium of supermarket executives on the opening day of the Health & Wellness @Retail 2013 jointly hosted by the Food Marketing Institute and the Global Market Development Center.
During Thursday’s education breakout sessions, Jeremy Doak, director of reward and wellness solutions for Edenred North America, shared with attendees the building blocks to create a strategy for delivering effective programs that impact consumer health-and-wellness outcomes during his presentation titled, “How to encourage consumer participation in health and wellness programs.”
The Health and Wellness @ Retail 2013 kicked off on a strong note as National Geographic Fellow Dan Buettner discussed, during his opening keynote presentation, his findings after traveling the globe to uncover the best strategies for longevity and happiness.
“Why do smart leaders fail? They go off track with lack of strategic decisiveness, failure to create systems driving execution, struggle with financial management or talent retention. The top leaders create a virtual board of advisers to help them stay in reality.” That was one of the key messages conveyed by Elevation Forum founder Dan Mack to more than 30 senior leaders prior to the GMDC event in San Antonio.
Fred's Inc. reported positive financial results for the first quarter on Thursday and is looking to implement initiatives to reconfigure its pharmacy department and expand its specialty drug program as key drivers in its "aggressive" 2013 plan.
Fruth Pharmacy announced their commitment to replace medications containing pseudoephedrine, a nonprescription decongestant that can be used in the illicit manufacture of methamphetamine, with Nexafed, a PSE product formulated with Impede technology that disrupts the extraction and conversion of PSE to meth.
Thursday morning started on a high note as a panel of industry experts from both the retail and manufacturing side of the grocery industry engaged in a discussion on meeting the needs of today’s health-conscious consumer.
The Kroger Co. announced this week it raised more than $425,000 from customer and associate contributions and committed to a corporate gift of $50,000 for a total cash contribution of more than $475,000 to support Red Cross initiatives to assist storm relief efforts in Oklahoma.
There is a need for good nutrition information that can be easily integrated into an overarching healthcare offering, noted Christopher Taylor, an associate professor of medical dietetics and family medicine at Ohio State University, during an FMI education breakout session Thursday.
Issues surrounding regulations, including product-label requirements, ranked third as a 2013 priority among board members of FMI, according to a poll taken in January, noted Patty Packard, director of nutrition and regulatory for Vestcom International, during an education breakout session Thursday.
There are several important pieces of legislation that will have an impact on the business of supermarket pharmacy if passed, noted Michael Spira, American Pharmacists Association senior lobbyist, during an FMI education session.
Out of all retail pharmacy outlets, food stores have slightly increased their prescription sales, generating March year-to-date sales of $5.7 billion, up 0.5%, according to IMS Health data. Including drug, mail and independents, prescription sales totaled $58.3 billion, down 4.7%, reported Doug Long, VP industry relations for IMS Health, at an FMI education breakout.