Data & Insights Vanishing Act: Why Small Pharmacies Exited Medicare Part D Networks for 2025 Abracadabra! Small pharmacies have ghosted Medicare Part D’s preferred networks—no farewell party, no breakup text, just a quiet exit. A few months ago , DCI highlighted how the largest pharmacy chains are participating as preferred cost sharing pharmacies in the 2025 stand-alone prescription drug plan (PDP) networks. Today, we update our exclusive analysis of how […] Drug Channels February 18, 2025February 18, 2025 2 min read Data & InsightsMarketing: Social MediaDept. PharmacyBrokersMeta (Facebook)Economy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Creating Extraordinary Retail Places: Our Interview with Kevin Kelley We’re joined by fellow Retail Voices by NRF honoree Kevin Ervin Kelley to unpack some of the key lessons from his remarkable book Irreplaceable: Creating Extraordinary Places That Bring People Together and his recent NRF “Big Show” talk. We discuss how physical retail must dramatically evolve in an ever more digital world, the “Bonfire Effect,” his […] Remarkable Retail Podcast February 18, 2025February 18, 2025 2 min read Technology & InnovationAIMarketing: Social MediaPodcastsInternational - North AmericaAmazonDept. GroceryMeta (Facebook)TikTokStreamingStrategyPredictions and ForecastsMetaverseEconomyBrick and MortarData & InsightsDept. PharmacyESG and CSRGoogleGovernmentMarketing: BroadcastWalmart 0 Saving Bookmark this article Bookmarked
Department: HBC Today’s Rare Disease Launches Require the Right Specialty Pharmacy Partner Today’s guest post comes from Richard Faris, Chief Strategy & Growth Officer at PANTHERx Rare Pharmacy. Richard outlines the key factors for commercialization success when a manufacturer launches treatments for rare and orphan diseases. He explains the key considerations for choosing a specialty pharmacy network design, selecting the right pharmacy partners, and establishing patient services […] Drug Channels February 7, 2025February 7, 2025 2 min read Dept. PharmacyData & InsightsMarketing: Social MediaStrategyShoppersMeta (Facebook)Brokers 0 Saving Bookmark this article Bookmarked
Channel: Grocery Kroger restores ties with Express Scripts The grocery chain has elected to work again with the pharmacy benefits manager after deciding in late 2022 to end their prior contract. Grocery Dive February 5, 2025February 5, 2025 < 1 min read KrogerDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Walmart Same-Day Pharmacy Delivery Is Now Available Across the United States Walmart’s dame-day pharmacy delivery is now available in 49 states in the U.S. RetailWire February 2, 2025February 2, 2025 < 1 min read WalmartDept. PharmacyDelivery 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Tractor Supply Plans 100 New Stores Plus Additional DC in 2025 Tractor Supply will open 90 new namesake stores and a total of 10 new Petsense by Tractor Supply Stores this year, along with the addition of the rural-oriented retailer’s 11th distribution center (DC). Tractor Supply currently operates more than 2,500 stores, and in December 2024 the retailer revealed its long-term goal of eventually operating 3,200 […] Retail TouchPoints February 1, 2025February 1, 2025 < 1 min read Tractor Supply CompanyBrick and MortarDept. PetOperations & Supply ChainMarketing: Social MediaDept. PharmacyMergersExecutivesTechnology & InnovationStrategyShoppersResults & InvestmentPredictions and ForecastsGovernment 0 Saving Bookmark this article Bookmarked
Channel: Drug CVS Looks Beyond Coupons with New Holistic Health Care App CVS has launched a new app designed to serve as a one-stop shop for customers to do everything from managing their prescriptions and vaccinations to accessing coupons and opening locked display cases in stores. “As a company, we are super focused on improving the health care experience,” said Tilak Mandadi, EVP at CVS Health in […] Retail TouchPoints January 31, 2025January 31, 2025 2 min read CVSHealth & WellnessConsumersTechnology & InnovationAIShoppersExecutivesMarketing: TradeDept. HBCPricing & PromotionsMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationBrick and MortarPartnershipsDept. PharmacyMarketing: Social MediaCustomer ExperienceDeliveryGovernmentMarketing: In Store 0 Saving Bookmark this article Bookmarked
Trends & External Forces Drug Channels News Roundup, January 2025: Mark Cuban Fixes Healthcare, Payers’ G2N Bubble, Pharmacists Rejoice, 340B Shenanigans, and 46Brooklyn vs. Mushrooms Get ready to climb a Crisco-covered light pole! DCI’s hometown Philadelphia Eagles are going to Super Bowl LIX! Go E-L-G-S-E-S! (No, that’s not a typo.) Before you overturn any cars, please enjoy this month’s playbook of articles, intercepted for you from the Drug Channels gridiron: Touchdown! How Mark Cuban would quarterback the U.S. healthcare system […] Drug Channels January 28, 2025January 28, 2025 2 min read Predictions and ForecastsMarketing: Social MediaHealth & WellnessDept. FreshKraftHeinzData & InsightsMeta (Facebook)Holiday & EventsDept. PharmacyBrokers 0 Saving Bookmark this article Bookmarked
Trends & External Forces The Big Three PBMs’ 2025 Formulary Exclusions: Humira, Stelara, Private Labels, and the Shaky Future for Pharmacy Biosimilars For 2025, the three largest pharmacy benefit managers (PBMs)—Caremark (CVS Health), Express Scripts (Cigna), and Optum Rx (United Health Group)—have again each excluded hundreds of drugs from their standard formularies. You can find our updated counting below. As you’ll see below, the combination of formulary exclusion and private labels is creating an increasingly confusing and […] Drug Channels January 22, 2025January 22, 2025 2 min read Predictions and ForecastsOwned Brands (Private Label)Dept. PharmacyMarketing: Social MediaPackagingData & InsightsHealth & WellnessCVSResults & InvestmentEconomyMeta (Facebook)Insight ProvidersBrokers 0 Saving Bookmark this article Bookmarked
Channel: Drug Justice Department Accuses Walgreens of Dispensing ‘Millions’ of Illegal Opioid Prescriptions The U.S. Department of Justice has filed a civil suit against Walgreens alleging that the pharmacy retailer dispensed millions of unlawful prescriptions for opioids despite “clear red flags that indicated the prescriptions were highly likely to be unlawful,” according to a statement by Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice […] Retail TouchPoints January 21, 2025January 21, 2025 2 min read WalgreensGovernmentLegal & CriminalCVSBrick and MortarMarketing: Social MediaOperations & Supply ChainPredictions and ForecastsInternational - North AmericaPress ReleaseDept. PharmacyHealth & Wellness 0 Saving Bookmark this article Bookmarked
Media & Marketing U.S. SMI Core Release Note – September 2022 [[{“value”:” SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all […] Standard Media Index January 19, 2025January 19, 2025 3 min read Data & InsightsResults & InvestmentMarketing: BroadcastMeta (Facebook)GoogleDept. PharmacyHoliday & EventsPartnershipsMarketing: OOHMarketing: Digital MediaDept. NonfoodAgencies 0 Saving Bookmark this article Bookmarked
Media & Marketing U.S. SMI Core Release Note – October 2022 [[“value”:” SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all […] Standard Media Index January 18, 2025January 18, 2025 3 min read Results & InvestmentData & InsightsMarketing: BroadcastDept. NonfoodDept. ApparelGoogleMarketing: OOHTechnology & InnovationDept. PharmacyPartnershipsRestaurantsHoliday & EventsAgencies 0 Saving Bookmark this article Bookmarked
Trends & External Forces Why 340B Reform Could Happen in 2025 (video) During my recent Drug Channels Outlook 2025 video webinar, I tackled a wide range of crucial topics—including the controversial 340B Drug Pricing Program. As I explain in this video excerpt, we may finally see reform of this rapidly expanding program. What’s more, implementing the Inflation Reduction Act will disrupt the current operations of the 340B […] Drug Channels January 14, 2025January 14, 2025 2 min read Predictions and ForecastsMarketing: Social MediaData & InsightsOperations & Supply ChainMeta (Facebook)Health & WellnessEconomyDept. PharmacyBrokers 0 Saving Bookmark this article Bookmarked
Corporate Strategy Drug Channels Leadership Forum: Request an Invitation Before It’s Too Late! The inaugural Drug Channels Leadership Forum (DCLF) is coming soon! This exclusive event will be held from March 17 to 19, 2025, at the Turnberry Resort and Spa in Miami. Our first event will provide attendees with an opportunity to explore the most pressing strategic issues and crucial uncertainties that will impact all participants across […] Drug Channels January 13, 2025January 13, 2025 3 min read Data & InsightsPredictions and ForecastsExecutivesMarketing: Social MediaVendorsTechnology & InnovationPress ReleaseMeta (Facebook)Health & WellnessDept. PharmacyBrokers 0 Saving Bookmark this article Bookmarked
Media & Marketing Drug Channels News Roundup, December 2024: Crazy Medicare Reimbursements, Independents Grow (Really!), AFP Risks, Pharmacy History, GLP-1 Jokes, and Two Cool Dudes Happy New Year, everyone! It’s been a huge year for Drug Channels Institute (DCI). In January, HMP Global acquired DCI. Thanks to our new friends at HMP, we will hold the Drug Channels Leadership Forum. This landmark event will take place in March 2025 in Miami. (If you haven’t done so yet, click here to […] Drug Channels December 18, 2024January 29, 2025 3 min read Dept. PharmacyMarketing: Social MediaPredictions and ForecastsData & InsightsMeta (Facebook)Health & WellnessBrokersAcquisition 0 Saving Bookmark this article Bookmarked
Media & Marketing Follow the 340B Prescription Dollar: How PBMs Profit from 340B Contract Pharmacies (rerun) This week, I’m rerunning some popular posts while I prepare for Friday’s Drug Channels Outlook 2025 live video webinar. During the webinar, I’ll provide an update the 340B program, which continues to defy gravity. Click here to see the original post. In my recent The 340B Drug Pricing Program: Trends, Controversies, and Outlook video webinar, I […] Drug Channels December 11, 2024December 11, 2024 2 min read Marketing: Social MediaDept. PharmacyData & InsightsPredictions and ForecastsHealth & WellnessWalgreensCVSWalmartOperations & Supply ChainMeta (Facebook)EconomyBrokers 0 Saving Bookmark this article Bookmarked
Trends & External Forces PBM Power: The Gross-to-Net Bubble Reached $334 Billion in 2023—But Will Soon Start Deflating (rerun) This week, I’m rerunning some popular posts while I prepare for Friday’s Drug Channels Outlook 2025 live video webinar. Click here to see the original post. As you reread the article below, note that some manufacturers have already announced wholesale acquisition cost (WAC) list price declines for 2025. Last week, the Federal Trade Commission (FTC) […] Drug Channels December 10, 2024December 10, 2024 3 min read Data & InsightsGovernmentPredictions and ForecastsDept. PharmacyMarketing: Social MediaAcquisitionPricing & PromotionsMeta (Facebook)Marketing: TradeEconomyBrokers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Large Chains’ Position in 2025’s Part D Pharmacy Networks: Supermarkets Take the Lead in a Shrinking PDP Market In Medicare Part D in 2025: Preferred Pharmacy Networks Fade in a Collapsing PDP Market, I documented the Inflation Reduction Act’s (IRA) disruption to Medicare Part D prescription drug plans (PDPs). Today, we examine the seven largest retail chains’ participation in the 12 major 2025 Part D networks that the five largest plan sponsors will […] Drug Channels November 19, 2024November 19, 2024 3 min read Predictions and ForecastsDept. PharmacyData & InsightsMarketing: Social MediaRegional GroceryWalgreensWalmartEconomyMarketing: In StoreMeta (Facebook)PublixResults & InvestmentCVSAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Department: Food From pharmacies to bakeries: innovative uses for industrial cooling Industrial cooling systems are typically associated with warehouses and large scale food storage facilities, but their applications are far more diverse and essential than many realise. From preserving delicate artwork in galleries to ensuring the quality of beverages in breweries, industrial cooling plays a pivotal role across various sectors. In retail, these systems have become […] Retail Technology Innovation Hub November 17, 2024November 17, 2024 3 min read SustainabilityTechnology & InnovationData & InsightsShoppersBrick and MortarDept. GroceryInternational - UKMarketing: Social MediaESG and CSRWeatherDept. BakeryDept. PerimeterTech: IoTDept. Adult BevDept. FreshDept. Natural / OrganicDept. PharmacyTwitterHealth & WellnessOperations & Supply ChainDept. OTC 0 Saving Bookmark this article Bookmarked
Retailer Media Retail Media Leadership in Canada with Loblaw’s Lauren Steinberg The CPG Guys are joined by Lauren Steinberg, SVP of Retail Media, Loyalty & Digital at Loblaw Companies Limited, Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unit holder of Choice Properties Real Estate Investment Trust. Loblaw – and its portfolio of grocery, health and beauty, financial services and apparel businesses […] The CPG Guys November 16, 2024December 1, 2024 2 min read Marketing: Retail MediaMarketing: Social MediaInternational - North AmericaPodcastsShoppersMarketing: Loyalty & SubscriptionResults & InvestmentMarketing: Direct & PersonalizationStreamingDept. HBCData & InsightsCustomer ExperienceMerchandisingExecutivesPricing & PromotionsPredictions and ForecastsDept. ApparelConsumersHealth & WellnessTechnology & InnovationDept. PharmacyDept. GroceryBig Data 0 Saving Bookmark this article Bookmarked
Trends & External Forces Medicare Part D in 2025: Preferred Pharmacy Networks Fade in a Collapsing PDP Market Uh oh. As I predicted, the stand-alone Medicare Part D prescription drug plans (PDP) market is vanishing. For 2025, DCI’s exclusive analysis of Center for Medicare & Medicaid Services’ (CMS) data reveals that the number of PDPs will drop to a historic low. What’s more, the share of plans with a preferred cost sharing pharmacy […] Drug Channels November 13, 2024November 13, 2024 3 min read Predictions and ForecastsDept. PharmacyData & InsightsMarketing: Social MediaPricing & PromotionsMeta (Facebook)Marketing: TradeMarketing: In StoreEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Drug Channels Outlook 2025 (NEW Live Video Webinar) Adam J. Fein, Ph.D., president of Drug Channels Institute (DCI) and the author of Drug Channels, invites you to join him for DCI’s new live video webinar: Drug Channels Outlook 2025 This event will be broadcast live on Friday, December 13, 2024, from 12:00 p.m. to 1:30 p.m. ET This post describes the event and […] Drug Channels November 12, 2024January 29, 2025 3 min read Predictions and ForecastsData & InsightsMarketing: Social MediaEconomyStrategyOwned Brands (Private Label)Meta (Facebook)KraftHeinzHealth & WellnessGovernmentDept. Pharmacy 0 Saving Bookmark this article Bookmarked
Data & Insights Transparency Shocker: Biosimilars Are Getting Cheaper—But Hospitals and Insurers Can Make Them Expensive Here on Drug Channels, we have long highlighted the boom in provider-administered biosimilars. In contrast to the pharmacy market, adoption of these biosimilars is growing, prices are dropping, and formulary barriers continue to fall. Novel transparency information reveals that this good news doesn’t always translate into savings. Below, we rely on a unique data set […] Drug Channels November 4, 2024November 4, 2024 2 min read Data & InsightsHealth & WellnessMarketing: Social MediaAcquisitionMeta (Facebook)Dept. Pharmacy 0 Saving Bookmark this article Bookmarked
Channel: Drug Walgreens to lay off over 250 people The decision regarding the support center roles follows a recent announcement that the pharmacy retailer plans to close 1,200 stores over the next three years. RetailDive November 1, 2024November 1, 2024 < 1 min read WalgreensDept. PharmacyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer How GLP-1 Use is Creating Opportunities in the Vitamin & Supplements Category We see the ads everywhere: Ozempic. WeGovy. Rybelsus. Mounjaro. They are on our televisions. Filling up our social media feeds. In Super Bowl spots. Relative newcomers like Ro and Hers – low cost versions from the two telemedicine giants – are plastered on billboards and ads in the trains I take regularly in NYC. Even […] RangeMe October 31, 2024January 29, 2025 6 min read ConsumersMarketing: Social MediaHealth & WellnessDept. PharmacyDept. Natural / OrganicBrick and MortarVendorsData & InsightsDept. GroceryPredictions and ForecastsESG and CSRExecutivesMerchandisingDept. PerimeterPodcastsHoliday & EventsOperations & Supply ChainShoppersDept. NonfoodDept. Fresh PreparedDept. FreshDept. DeliDept. BakeryTechnology & InnovationInsight Providers 0 Saving Bookmark this article Bookmarked
Department: Nonfood Tractor Supply To Acquire Online Pet Pharmacy Allivet Pet parents will be able to acquire low-cost medical needs through Tractor Supply’s partnership with the online pharmacy. RetailWire October 29, 2024October 29, 2024 < 1 min read Tractor Supply CompanyDept. PharmacyDept. PetAcquisitionPartnerships 0 Saving Bookmark this article Bookmarked
Department: Nonfood Tractor Supply to Purchase Online Pet Pharmacy Tractor Supply will purchase the privately held online pet pharmacy Allivet in an all-cash transaction that the retailer plans to fund through its balance sheet. Purchase price information for the deal, which is expected to close in Q1 2025, was not released. For the past several years, Tractor Supply has offered digital pet pharmacy services […] Retail TouchPoints October 26, 2024October 26, 2024 < 1 min read Dept. PetTractor Supply CompanyAcquisitionDept. PharmacyMarketing: Social MediaBrick and MortarMarketing: Loyalty & SubscriptionResults & InvestmentPredictions and ForecastsExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Walmart to Launch Same-Day Pharmacy Delivery Nationwide Walmart has begun integrating prescription medications into its delivery offerings in six states, with plans to expand to 49 states by the end of January 2025. Customers in Arkansas, Missouri, New York, Nevada, South Carolina and Wisconsin can now add their prescriptions to orders placed online or via the Walmart app. When the program is […] Retail TouchPoints October 26, 2024October 26, 2024 2 min read DeliveryWalmartAmazonDept. PharmacyMarketing: Social MediaPackagingDept. BeverageMarketing: Loyalty & SubscriptionMarketing: In StoreBrick and MortarExecutivesDept. OTCProcter & GamblePredictions and ForecastsHealth & Wellness 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Tractor Supply to acquire online pet pharmacy [[{“value”:” Dive Brief The move expands the retailer’s market opportunity. Meanwhile, new locations spurred Q3 sales, as store comps and net income declined. Published Oct. 25, 2024 A Tractor Supply store. The retailer is expanding further beyond traditional farm retail to focus on pet owners and gardeners. “Tractor Supply Company” by Mike Mozart is licensed […] RetailDive October 25, 2024October 25, 2024 < 1 min read Tractor Supply CompanyDept. PetDept. PharmacyAcquisitionMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Trends & External Forces The 340B Program Reached $66 Billion in 2023—Up 23% vs. 2022: Analyzing the Numbers and HRSA’s Curious Actions Reality has again failed to support the spin surrounding the 340B Drug Pricing Program. For 2023, discounted purchases under the 340B program reached a record $66.3 billion—an astounding $12.6 billion (+23.4%) higher than its 2022 counterpart. The gross-to-net difference between list prices and discounted 340B purchases also grew, to $57.8 billion (+$5.5 billion). 340B purchases […] Drug Channels October 22, 2024October 22, 2024 2 min read Data & InsightsHealth & WellnessMarketing: Social MediaMeta (Facebook)EconomyDept. PharmacyDept. Fresh 0 Saving Bookmark this article Bookmarked
Data & Insights Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Valentine’s Day flower sales could shift to FTD, other brands in 2025 1-800-Flowers still leads in US, FTD is gaining share 1-800-Flowers is the largest flower service by sales headed into Valentine’s Day 2025, according to Earnest credit card data. However, the industry stalwart is likely to lose share this season if recent trends continue. Access chart in Dash. 1-800-Flowers commanded 37.0% of Valentine’s Day flower sales […] Written by Earnest Research February 11, 2025February 11, 2025 Saving Bookmark this article Bookmarked
Holiday & Events Holiday & Events Shoppers believe best holiday deals are after holidays A good number of consumers, over 77%, believe there are better deals available after the holidays, and nearly 51% plan to take advantage by making a large purchase in late December and January. Those are top findings from a Holiday Green survey, from CouponCabin, regarding consumer habits in the post-holiday time frame. When it comes to post-holiday […] Written by Retail Customer Experience January 17, 2025January 17, 2025 Saving Bookmark this article Bookmarked
Trends & External Forces Data & Insights Technology & Innovation Trends & External Forces 2025 Outlook: A Snapshot into Ad Spend, Opportunities, and Strategies for Growth IAB’s 2025 Outlook: A Snapshot into Ad Spend, Opportunities, and Strategies for Growth offering an early glimpse into ad spending trends for the coming year. The report is a must-read to gain and understanding of brand and agency buyers’ growth strategies and the challenges they foresee. The report covers: 2025 projections for the market overall […] Written by IAB January 16, 2025January 17, 2025 Saving Bookmark this article Bookmarked
Uncategorized A major shift in North American grocery retail Spending is migrating away from traditional supermarkets and hypermarkets to channels that better align with busy lifestyles. The post A major shift in North American grocery retail appeared first on Retail Insight Network. Written by Retail Insights Network January 14, 2025January 14, 2025 Saving Bookmark this article Bookmarked
Data & Insights Technology & Innovation AI at the retail edge: What’s possible now There’s been a lot of talk lately about artificial intelligence (AI) and generative AI (GenAI) and how these technologies are going to revolutionize retail. But the retail revolution can’t be accomplished with sweeping generalizations about putting more technology into stores. Successful retail outcomes are built using technology to solve specific challenges, expanding on wins and […] Written by RetailDive January 13, 2025January 13, 2025 Saving Bookmark this article Bookmarked