Channel: Drug

Articles about the drug channel.

  1. Channel: Drug

Hospitals Are Relying More on PBMs to Manage Manufacturers’ 340B Contract Pharmacy Restrictions: DCI’s 2024 Market Analysis (rerun)

This week, I’m rerunning some popular posts while we put the finishing touches on DCI’s new 2024-25 Economic Report on Pharmaceutical Wholesalers and Specialty Distributors. Click here to see the original post from June 2024. The 340B contract pharmacy market shows little sign of slowing down. Drug Channels Institute’s exclusive analysis of the 2024 market […]
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  1. Channel: Drug

Drug Channels Leadership Forum: Full Agenda Now Available (Spoiler: It’s Awesome!)

I am pleased to announce the full agenda for the inaugural Drug Channels Leadership Forum, which will be held from March 17 to 19, 2025, at the Turnberry Resort and Spa in Miami. Everyone here at Drug Channels Institute (DCI) is excited to bring this novel event to the drug channels community. I personally assembled […]
3 min read
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  1. Channel: Drug

Legacy Grocery Store Market Share Capitulation a Continuing Trend

  It’s clear that legacy grocery stores, once the dominant force in food retail, are now navigating a challenging landscape marked by significant market share capitulation according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. This shift has been driven by three prominent trends: the encroachment of dollar stores, drug stores, and […]
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  1. Channel: Drug

What Can You Expect from Your RangeMe Subscription?

Whether you are a startup brand looking to get your products into retail or foodservice for the first time, or a more established brand looking to expand your distribution, at some point, you will come across RangeMe and ask yourself, “Is a RangeMe subscription worth it?” The purpose of this post is to give you […]
8 min read
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  1. Channel: Drug

Humira Biosimilar Price War Update: Should We Be Glad that CVS Health and Express Scripts Are Using Private Label Products to Pop the Gross-to-Net Bubble?

The Humira biosimilar market just took another step forward—but remains far from its ideal state. Last week, Cigna’s Express Scripts announced that it that will follow CVS Health’s CVS Caremark business and remove Humira from its largest commercial formulary in favor of multiple biosimilars. Below, we review the 18 products competing with Humira—including four private-label […]
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  1. Channel: Drug

Why Walgreens is Embracing the Shoppable TV Era

The streaming era isn’t just giving households one-click access to a seemingly endless supply of content; it’s enabling brands and retailers to deliver relevant and impactful advertising to target consumers, making media moments shoppable.  Walgreens Advertising Group is capitalizing on this opportunity by testing new connected TV (CTV) advertising offerings through Roku. For this week’s […]
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  1. Channel: Drug

Fresh Meal and Meal Component Discovery: A Disruptive Force

  In today’s food landscape, clinging to brand protectionism is a recipe for irrelevance according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Consumers, especially Millennials, have moved on—and they’re not looking back. What they value now is discovery: new flavors, time-saving solutions, and value for money. If your brand isn’t evolving […]
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  1. Channel: Drug

Is Your Brand a Fit for CVS Health?

In today’s rapidly evolving healthcare landscape, CVS Health is at the forefront of innovation, bridging the gap between traditional healthcare and modern consumer needs. With over 7,500 stores nationwide, the retailer has become a pivotal player in not just retail but in how millions of Americans manage their health and wellness. As the healthcare industry […]
8 min read
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  1. Channel: Drug

Pfizer’s New DTC Website Aims to ‘Streamline the Path to Better Health’

Pharmaceutical company Pfizer has launched a new direct-to-consumer website, PfizerForAll, offering prescription delivery, vaccination scheduling, discounts on Pfizer medications and same-day appointments with healthcare professionals for common complaints such as migraines or respiratory symptoms. The move is not unprecedented — fellow pharmaceutical company Eli Lilly launched its own DTC site in January. These efforts come […]
3 min read
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  1. Channel: Drug

Yahoo Expands Commerce Media Reach with Planet Fitness Partnership, New Hire

Yahoo Demand-Side Platform (DSP) has announced two strategic partnerships to expand its reach in commerce media and hired retail media veteran Mike Merna as Senior Director, Commerce Media Specialist Lead. The new partnerships — with PF Media Network, the media arm of Planet Fitness, and Rippl, the data and media network of Bridg — will […]
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  1. Channel: Drug

Abercrombie Kids Grows Up with New Global Distribution Deal

Abercrombie & Fitch Co. (A&F Co.) has teamed up with childrenswear licensee Haddad Brands to bring its Abercrombie Kids line to other retail channels globally. Haddad distributes in more than 100 countries and holds similar licenses for brands including Nike, Levi’s, Polo, Tommy Hilfiger and Huggies. Under the agreement, A&F Co. will continue to design, […]
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  1. Channel: Drug

Can Rite Aid Recover?

Last fall, poor ol’ Rite Aid finally succumbed to bankruptcy. It was pretty much the definition of an expected surprise. To get a comprehensive look at the company’s ever-declining fortunes, DCI rummaged around the compnay’s numerous bankruptcy filings. Below, you’ll find our review of Rite Aid’s current financial situation, shrinking store footprint, changing relationship with […]
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  1. Channel: Drug

CVS Reveals Multi-Year Plan to Save $2B Amid Healthcare Benefits Challenges

CVS Health has identified a “multi-year opportunity” to deliver $2 billion in savings, said President and CEO Karen Lynch during a call discussing the retailer’s Q2 financial results. The cuts will come from a combination of streamlining and optimizing operations, rationalizing its business portfolio and accelerating the use of AI and automation across the enterprise. […]
2 min read
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  1. Channel: Drug

Growth Oriented Brand Marketing with Kimberly-Clark’s Luke Kigel

The CPGGUYS are joined in this episode by Luke Kigel – VP of digital marketing & consumer experiences at Kimberly-Clark. Connect with Luke Kigel on Linkedin : https://www.linkedin.com/in/lukekigel/Connect with Kimberly-Clark on Linkedin : https://www.linkedin.com/company/kimberly-clark/Connect with Kimberly-Clark online : https://www.kimberly-clark.com/en-us This discussion is all about modern marketing and catering to today’s digitally influenced consumer and what […]
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  1. Channel: Drug

Follow the 340B Prescription Dollar: How PBMs Profit from 340B Contract Pharmacies (Video)

In my recent The 340B Drug Pricing Program: Trends, Controversies, and Outlook video webinar, I provided an update on the economics of the 340B program, reviewed the multiple controversies surrounding the program’s operations, discussed state and federal legislation, and analyzed how the Inflation Reduction Act of 2022 (IRA) will alter the 340B market. In the video […]
2 min read
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  1. Channel: Drug

The New Norm: Unattended Payments

According to a recent study, only 15% of consumers are highly satisfied with the self-service tools available, yet the unattended payments market is projected to reach $129 billion globally by 2030. Human interaction used to be essential for finalizing transactions at traditional point-of-sale locations. However, there has been a shift, with unattended payments technologies increasingly […]
3 min read
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  1. Channel: Drug

AI’s Impact on Customer Expectations

Retail is undergoing a remarkable evolution thanks to AI, delivering substantial benefits like personalized customer experiences, efficient supply chain management, and streamlined operations. This has led to enhanced efficiency, reduced costs, and increased customer satisfaction, highlighting AI’s potential in retail. Join us as we explore the key trends to watch for in the upcoming months. […]
3 min read
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  1. Channel: Drug

Drug Channels News Roundup, July 2024: My $0.02 on FTC’s PBM Report, GoodRx & Humira, Averon = CVS + Cardinal, IRA vs. 340B, and My Favorite Chart

Bello! The hot and hazy days of summer are here. Go for a swim to cool off and then enjoy this refreshing selection of articles chosen by Drug Channels para tu. Did the FTC’s compelling interim report prove its case? GoodRx joins the Humira biosimilar price war with Boehringer Ingelheim Averon revealed to be a […]
2 min read
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  1. Channel: Drug

Michaels Expands Delivery Options via DoorDash and Uber Eats

Michaels will expand same-day delivery from its 1,200+ stores through new partnerships with DoorDash and Uber Eats. The arts and crafts retailer has offered same-day delivery via Instacart since April 2021. Additionally, Save a Lot now has 400 of its supermarkets live on the DoorDash Marketplace, offering deliveries in under one hour, on average. The […]
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  1. Channel: Drug

The Playbook for Retailers Dealing with a Cautious US Consumer

This blog post includes snippets of our 2Q24 Pictures for PM presentation, which is available for download now. The presentation features over 100 slides of charts, tables, and insights on companies across our entire portfolio, covering the most important trends emerging YTD through 2Q24. US Consumers continue to spend cautiously, with decelerating wage growth, normalizing […]
4 min read
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  1. Channel: Drug

Q2 Metrics are in!

As of early July, 55% of back-to-school and college shoppers have already started their purchases. How does this affect the industry as a whole? Last week, we focused on the furniture and mattress industries performance in June. Join us as we look at the bigger picture and see how the rest of the industry faired […]
3 min read
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  1. Channel: Drug

Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F)

See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. As the economy shifts, the employment landscape changes. […]
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  1. Channel: Drug

Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting

Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […]
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  1. Channel: Drug

Future of Marketing: Part One

Today, we’re kicking off a special two-part series answering your questions about all things marketing.  Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry.  Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […]
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  1. Channel: Drug

Charted: Maxed-Out Credit Cards by Generation

See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. In the first quarter of 2024, the nationwide aggregate credit card […]
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