In part 2 of this three-part exclusive interview series with Target, Kevin Ronneberg, associate medical director, talks with DSNTV about Target’s growing retail clinic business, how it is simplifying the pharmacy experience and transforming the delivery of health care to its guests.
In part 1 of this three-part exclusive interview series with Target, Marc Baer, senior director health care, shares with DSNTV how engagement is driving Target’s overall approach to health and wellness, and how its consumer-centric style is helping to simplify the complex healthcare landscape for its guests.
It has been estimated that specialty accounts for about 20% of the total drug spend, representing tremendous opportunities for industry players including Target. To learn more about the Target Specialty Pharmacy business and how it is helping support patients and manage rising specialty pharmacy costs, DSN senior editor Antoinette Alexander spoke with Kevin Ronneberg, associate medical director at Target.
DSN spoke with Nielsen's Reny Diaz to preview a panel discussion at this year's Consumer Healthcare Products Association's Annual Executive Conference. Diaz, joined by Doug Stukenborg of Target and Roberto Ruiz of Univision, will discuss the growing Hispanic consumer demographic and what it means for self-care companies.
The Minneapolis Star Tribune reports that Target and United Healthcare are among a slew of companies that are leaning on younger employees to keep veteran workers knowledgeable about technology, social media, and other evolving aspects of the marketplace in order to better engage and reach consumers. (Star-Tribune)
With 1,790 stores spread across the country and sales growth in each of the last two years at under 2%, the New York Post reports that the discounter is accelerating plans to roll out more petite, urban stores. (New York Post)
Target has picked Bethesda, Md., for another of the company’s small-format stores. According to WTOP, the 35,000-square-foot Target will open in the Shops of Wisconsin development in March with a “tailored product mix,” including groceries, clothing, home goods and a pharmacy. (WTOP)
As part of its ongoing “CIO’s First 100 Days” series, Forbes recently published an interview with Target CIO Mike McNamara. In the interview, McNamara, who joined Target about nine months ago, discuses the importance of touching base with customers and how the company creates ideal workspaces for its innovation team. (Forbes)
Florida-based Aubío Life Sciences, a new skin care company co-founded by U.S. businessman John Paul DeJoria, announced Monday that its flagship products Aubío Cold Sore Treatment Gel and Aubío Hydrating Lip Therapy are now available nationwide at Target stores and on target.com.
Target is reportedly requesting that many of its suppliers assume up to 3% to 5% more of the cost of promotions and price reductions on some items. According to Reuters, at least 12 Target suppliers have confirmed they were asked to pay for more of the promotional cost for a variety of slow-moving products. Target reported declining sales in its most recent fiscal quarter and publicly said it would likely enter an extended promotional period. (Reuters)
In a new study released exclusively to Adweek, Boston-based consultancy C Space homed in on consumer loyalty among the big retail players, attempting to flesh out some insights about what makes shoppers come back. (Adweek)
CVS Pharmacy is committed to giving back to the communities where its colleagues live and work, and the company has extended that commitment to Washington with a $50,000 donation to Seattle Children's Hospital.