Trends & External Forces The ‘time is now’ to redefine pharmacy’s role ORLANDO, Fla. — In its 90th year, the National Association of Chain Drug Stores (NACDS) remains focused on the same yet ever-evolving goal: Leading the future of an industry dedicated to advancing health and wellness for all Americans. That is the central theme at this year’s NACDS Regional Chain Conference, which is currently underway. Justin […] MMR February 2, 2023February 2, 2023 5 min read Dept. PharmacyHealth & WellnessPredictions and ForecastsConsumersExecutivesCOVID19Trends: RetailInclusivityDept. NonfoodGovernmentMarketing: In StoreMarketing: SocialPartnershipsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (2/1): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit February 1, 2023February 1, 2023 2 min read Technology & InnovationExecutivesMerchandisingHoliday & EventsMarketing: BroadcastCOVID19DeliveryDept. NonfoodDept. Sporting goodsDept. Toys & GamesDollar GeneralUnileverChatGPTShoppersAmazon 0 Saving Bookmark this article Bookmarked 5
Department & Category Food Lion Pilots New Food Pharmacy Program Ahold Delhaize-owned Food Lion announced that it is collaborating with Novant Health “to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC … The pilot program provides qualified participants access to nutritious food and encourages them to make healthy lifestyle choices to achieve sustained health. Throughout the […] MorningNewsBeat February 1, 2023February 1, 2023 < 1 min read Dept. GroceryAhold DelhaizeDept. PharmacyHealth & WellnessMerchandisingDept. FreshMarketing: In StoreDept. PerimeterDept. DairyDept. Beverage 0 Saving Bookmark this article Bookmarked
Channel: Drug CVS introduces one + other personal care brand WOONSOCKET, R.I. — CVS Pharmacy has launched one+other (pronounced ‘one another’), a new beauty and personal care brand that the company says is designed to celebrate individuality with a line of self-care essentials designed to be mixed and matched. According to a survey conducted by The Harris Poll on behalf of CVS Health, 91% of […] MMR February 1, 2023February 1, 2023 2 min read CVSData & InsightsConsumersHealth & WellnessDept. HBCMerchandisingInclusivityThick DataDept. PharmacyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Regional Chain Conference speakers address key issues ORLANDO — The 2023 National Association of Chain Drug Stores Regional Chain Conference closed Tuesday with more presentations from top speakers on the most timely issues affecting the industry and the patients and consumers it serves. A key feature of the programming was the One-to-One Business Conferences — a highly popular element of the schedule […] MMR February 1, 2023February 1, 2023 2 min read Health & WellnessDept. PharmacyExecutivesData & InsightsConsumersPartnershipsAssociatesCOVID19Predictions and ForecastsStrategyTechnology & InnovationBrick and MortarESG and CSRGovernmentInclusivityInsight ProvidersMarketing: Social 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/31): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 31, 2023February 1, 2023 2 min read Technology & InnovationDept. GroceryAmazonPartnershipsAssociatesInternational - UKBrick and MortarTrader JoesHoliday & EventsDeliveryDept. FreshMerchandisingHealth & WellnessDept. PharmacyShoppersConsumersDept. Adult BevBed Bath & BeyondDept. BakeryTrends: TechStore LocationStrategyDept. PerimeterAhold Delhaize 0 Saving Bookmark this article Bookmarked 5
Channel: Drug Walmart, CVS Say They Will Cut Pharmacy Hours The Wall Street Journal reports that CVS and Walmart “are cutting pharmacy hours in the midst of a pharmacist shortage that has plagued the nation’s biggest drugstore chains throughout the Covid-19 pandemic. “CVS, the largest U.S. drugstore chain by revenue, plans in March to cut or shift hours at about two-thirds of its roughly 9,000 […] MorningNewsBeat January 30, 2023January 30, 2023 2 min read Dept. PharmacyCVSWalmartBrick and MortarWalgreensHealth & WellnessCOVID19Store LocationAssociatesMarketing: UGCEconomy 0 Saving Bookmark this article Bookmarked
Department: HBC Video Forum: Sheila Arquette, NASP Sheila Arquette, president and CEO of the National Association of Specialty Pharmacy, tells this week’s Video Forum about recent developments in specialty pharmacy. Among the subjects she addresses are what community pharmacies can do to raise their profile in specialty Rx, the importance of coordination across the continuum of care, the impact of biosimilars, and […] MMR January 30, 2023January 30, 2023 < 1 min read Dept. PharmacyHealth & WellnessExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Department & Category Food Lion partners with NC hospital on ‘food pharmacy’ pilot The supermarket chain is working with Novant Health on a two-year program that aims to provide nearly 3,000 boxes of healthy food to patients as they are discharged. Grocery Dive January 28, 2023January 28, 2023 < 1 min read Dept. GroceryPartnershipsDept. PharmacyAhold DelhaizeHealth & Wellness 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/27): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 28, 2023January 30, 2023 2 min read ConsumersMarketing: Loyalty & SubscriptionHoliday & EventsAssociatesDept. FreshStrategyStore LocationDept. NonfoodWhole FoodsDollar GeneralData & InsightsShoppersUnileverWakefernHealth & Wellness 0 Saving Bookmark this article Bookmarked 5
Channel: Mass CVS and Walmart are cutting pharmacy hours CVS plans to reduce pharmacy hours in roughly two-thirds of its drugstores beginning in March. Walmart in the same month will begin closing its pharmacies at 7 p.m. instead of 9 p.m. at most of its stores. A shortage of pharmacists and techs has forced many retailers to alter their hours of operation in recent […] RetailWire January 28, 2023January 28, 2023 < 1 min read WalmartDept. PharmacyCVSBrick and Mortar 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Evolution of Medical Benefit Contracting: How Pharma Can Prepare Today’s guest post comes from Saket Patel, Consultant, Advisory Services at MMIT. Saket discusses market access and contracting strategies for medical benefit products when pharmacy benefit biosimilar therapies launch. He then describes how to automate formulary and medical policies to protect manufacturers from overpayment. Click here to learn about MMIT’s Contract Validation solution. Read on […] Drug Channels January 27, 2023January 27, 2023 2 min read Dept. PharmacyData & InsightsMarketing: SocialConsultingShoppersMeta (Facebook)ESG and CSR 0 Saving Bookmark this article Bookmarked
Department & Category Food Lion launches ‘food pharmacy’ pilot program SALISBURY, N.C. — Food Lion and Novant Health are collaborating to launch a food pharmacy pilot program at Novant Health New Hanover Regional Medical Center in Wilmington, NC. A leading omnichannel retailer serving towns and cities across 10 states, Food Lion is committed to nourishing neighbors and families, setting them up for success in life. […] MMR January 27, 2023January 27, 2023 2 min read Dept. GroceryAhold DelhaizeDept. PharmacyHealth & WellnessMerchandisingPartnershipsOmnichannelDept. FreshBrick and MortarExecutivesMarketing: UGCMarketing: BrandDept. DairyDept. PerimeterResults & InvestmentDept. BeverageData & InsightsPackagingStrategy 0 Saving Bookmark this article Bookmarked
Channel: Mass Meijer Grocery format debuts with two new stores GRAND RAPIDS, Mich. — Supercenter pioneer Meijer opened its first two Meijer Grocery stores in the Detroit metro area on Friday, introducing a more streamlined, food-focused shopping experience to customers in communities where there is no room for a full-sized Meijer store. “As a company, we’ve opened more than 500 supercenters, neighborhood markets and Meijer […] MMR January 27, 2023January 27, 2023 3 min read MeijerBrick and MortarShoppersDept. GroceryStore LocationPhilanthropyDept. FreshExecutivesDept. RefrigeratedDept. PerimeterPartnershipsDept. BakeryDept. HBCDept. Fresh PreparedDept. DeliMarketing: In StoreTech: CashierlessInclusivityHealth & WellnessDept. NonfoodEconomyDept. PharmacyDeliveryTechnology & InnovationBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Drug CVS, Walmart to cut pharmacy hours amid labor concerns NEW YORK — CVS Health and Walmart said they will be reducing pharmacy hours to address the ongoing pharmacist shortage, The Wall Street Journal reported Friday. CVS plans to cut or shift operating hours at about two-thirds of its 9,000-strong U.S. network in March, while Walmart intends to close most of its nearly 4,600 stores two […] MMR January 27, 2023January 27, 2023 < 1 min read Dept. PharmacyCVSAssociatesWalmartBrick and MortarWalgreensStrategyHealth & WellnessEconomy 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/26): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 26, 2023January 28, 2023 2 min read AssociatesWalmartMarketing: SocialMarketing: Retail MediaTechnology & InnovationPredictions and ForecastsCostcoOperations & Supply ChainDeliveryCVSExecutivesMetaverseTrends: RetailPodcastsMondelezDept. PharmacyHealth & WellnessKrogerDollar TreeDept. ApparelTrends: Tech 0 Saving Bookmark this article Bookmarked 5
Channel: Drug CVS Health announces senior appointments CVS Health announced two executive appointments. David Joyner will rejoin the company as Executive Vice President and President of Pharmacy Services, while Amy Bricker has been named Executive Vice President and Chief Product Officer MMR January 25, 2023January 25, 2023 2 min read CVSHealth & WellnessExecutivesConsumersDept. HBCDept. PharmacyStrategyShoppersGovernmentMarketing: SocialStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
RetailWit QuickWit The Daily QuickWit (1/25): Top Retail News Yesterday's top retail news and most read stories in commerce. RetailWit January 25, 2023January 26, 2023 2 min read KrogerAmazonExecutivesWalmartHealth & WellnessInternational - UKDept. PharmacyDollar Tree 0 Saving Bookmark this article Bookmarked 5
Channel: Ecommerce & Digital Amazon Combines Prescriptions, Subscriptions In New Prime Service Amazon has unveiled a new subscriptions service that it says will allow Prime members to “receive all of their eligible generic medications for just $5 a month and have them delivered free to their door. Medications that treat more than 80 common conditions, such as high blood pressure, anxiety, and acid reflux, are included in […] MorningNewsBeat January 24, 2023January 24, 2023 3 min read AmazonHealth & WellnessAcquisitionShoppersAssociatesDept. HBCDept. PharmacyOwned Brands (Private Label)Pricing & PromotionsExecutivesLegal & CriminalTechnology & InnovationUnilever 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Pharmacy rolls out RxPass SEATTLE — Amazon has added a new pharmacy benefit as an add-on to its Prime membership. Called RxPass, it offers access to generic medications that treat more than 80 common health conditions for a flat fee of $5 per month. “Prime members already get fast, free delivery on prescription medications, and RxPass is one more […] MMR January 24, 2023January 24, 2023 2 min read AmazonDept. PharmacyShoppersHealth & WellnessPricing & PromotionsOwned Brands (Private Label)Marketing: TradeDelivery 0 Saving Bookmark this article Bookmarked
Department: HBC The State of Employers’ Pharmacy Benefits: A Review of 2022 and the 2023 Outlook for Copay Programs Now that 2023 is underway, let’s review employer-sponsored coverage for prescription drugs and speculate on what’s ahead. Below I examine the latest data on pharmacy benefits: cost sharing tier structures, copayment vs. coinsurance, and out-of-pocket obligations. As you will see, pharmacy benefit designs again increased the use of coinsurance for specialty and fourth-tier drugs. These […] Drug Channels January 24, 2023January 24, 2023 2 min read Dept. PharmacyData & InsightsMarketing: SocialConsultingMeta (Facebook) 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Deepens Prescription Options with RxPass for Prime Members Amazon has launched RxPass, a subscription for Prime members that offers select generic medications with free delivery for a flat fee of $5 per month. The service, which doesn’t require health insurance, currently covers medications for 80 common conditions, including high blood pressure, anxiety and acid reflux. RxPass was designed to save time for Amazon […] Retail TouchPoints January 24, 2023January 25, 2023 2 min read AmazonDept. PharmacyHealth & WellnessWalmartDeliveryPricing & PromotionsMarketing: Loyalty & SubscriptionAcquisitionOwned Brands (Private Label)Marketing: TradeDept. HBC 0 Saving Bookmark this article Bookmarked
Department: HBC Boots welcomes job applications from LloydsPharmacy staff Pharmacy chains, including Boots, have stepped in to offer roles to pharmacy staff affected by the news that Lloydspharmacy is to withdraw from its Sainsbury’s in-store… View Article The Retail Bulletin January 23, 2023January 23, 2023 < 1 min read Dept. PharmacyAssociatesMarketing: In StoreHealth & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value DG pilots mobile health clinics GOODLETTSVILLE, Tenn. – Dollar General is introducing mobile health care services via a trial program with partner DocGo Inc. DocGo On-Demand clinics, hosted in vans in store parking lots, are staffed by clinicians who can perform tests, prescribe medications, provide urgent care and treat common ailments in adults and children. Dollar General said customers can […] MMR January 23, 2023January 23, 2023 2 min read Dollar GeneralHealth & WellnessBrick and MortarDept. HBCConsumersExecutivesPepsiCoKellogg'sPartnershipsResults & InvestmentProcter & GambleUnileverOwned Brands (Private Label)NestleGeneral MillsDept. PharmacyCoca ColaAssociates 0 Saving Bookmark this article Bookmarked
Channel: Drug CVS Health makes senior appointments WOONSOCKET, R.I. — CVS Health has named Amy Bricker to become chief product officer, consumer, and David Joyner, a previous company exec, to head pharmacy services, Bloomberg reported. Bricker was previously president of Cigna’s pharmacy benefit manager, Express Scripts. Joyner was previously EVP, sales and marketing, at CVS before retiring. Joyner is taking over from Alan […] MMR January 23, 2023January 24, 2023 < 1 min read CVSHealth & WellnessDept. PharmacyExecutivesConsumers 0 Saving Bookmark this article Bookmarked
Trends & External Forces Informa Connect’s PAP – Patient Assistance & Access Programs Part of Access USA Informa Connect’s PAP – Patient Assistance & Access Programs March 20-22, 2023, Philadelphia Marriott Downtown www.informaconnect/pap Exclusive Offer – Be sure to use your exclusive promocode 23DCPAP10 to save 10% off* your registration. The last thing a patient should worry about is access to care. With growing demand for patient assistance, accelerating prescription access and […] Drug Channels January 23, 2023January 23, 2023 3 min read Data & InsightsHealth & WellnessPartnershipsMarketing: SocialConsultingTechnology & InnovationPredictions and ForecastsDept. FreshDept. PharmacyKraftHeinzLegal & CriminalMarketing: TradeMeta (Facebook)PepsiCoPricing & PromotionsAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Vasos extolled for accomplishments GOODLETTSVILLE, Tenn. — Todd Vasos began an exciting new leadership chapter at Dollar General Corp. on November 1 as he transitioned from chief executive officer to senior advisor. The new role underscores the leadership, mentorship and perpetual evolution that has defined Vasos’ retail career for nearly four decades. MMR is proud to honor Vasos with […] MMR January 20, 2023January 20, 2023 5 min read Dollar GeneralExecutivesBrick and MortarMerchandisingDept. NonfoodOperations & Supply ChainShoppersDept. FreshCOVID19Dept. GroceryStore FormatDept. HBCDept. RefrigeratedConsumersInclusivityInternationalAssociatesDept. PharmacyDept. PerimeterHealth & WellnessDept. DairyDept. DeliBOPISUnileverDept. FrozenTech: CashierlessStrategyPredictions and ForecastsOwned Brands (Private Label)International - North AmericaDept. Fresh Prepared 0 Saving Bookmark this article Bookmarked
Media & Marketing 12 Principles For Building Successful Brands Based on events of 2022, here are twelve do’s and don’ts to keep in mind as you build your brand in 2023. Do’s 1. Do Know The Business In Which You Do Business Please be specific. For example, you are not in the restaurant business; you are not in the fast food business; you are […] Branding Strategy January 20, 2023January 20, 2023 5 min read Marketing: BrandStrategyShoppersData & InsightsOwned Brands (Private Label)Technology & InnovationPredictions and ForecastsDept. ApparelHealth & WellnessWeatherSustainabilityCVSConsumersMondelezUnileverTwitterThick DataResults & InvestmentRestaurantsPricing & PromotionsKraftHeinzMarketing: TradeMarketing: SocialESG and CSRDept. HBCCOVID19Holiday & EventsDept. GroceryDept. NonfoodDept. PharmacyAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Rite Aid’s third quarter results beat Wall Street’s estimates PHILADELPHIA — Rite Aid Corp. reported a narrower-than-projected loss and topped Wall Street’s revenue forecast for its third quarter. The company reported an adjusted loss of $7.9 million, or 14 cents a share. Analysts had estimated it would be 15 cents a share. Revenue of $6.08 billion bettered Wall Street’s expectation of $5.94 billion. For […] MMR January 18, 2023January 18, 2023 2 min read Rite AidEconomyDept. PharmacyCOVID19ExecutivesResults & InvestmentPredictions and ForecastsKraftHeinzGovernmentBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Kroger Health takes MMR’s top honor CINCINNATI — While Kroger Co. is best known as the nation’s grocer, the company is also a potent force in health care, with 2,255 pharmacies and 226 clinics across the U.S. The drive is under way to maximize synergies between the two sides of the business, positioning “food as medicine” as a means to keep […] MMR January 18, 2023January 18, 2023 6 min read Health & WellnessKrogerDept. HBCDept. GroceryDept. PharmacyShoppersConsumersCOVID19StrategyMarketing: SocialData & InsightsTechnology & InnovationAssociatesGovernmentBrick and MortarDept. FreshDept. BeverageMarketing: Direct & PersonalizationEconomyExecutivesMarketing: In StoreOperations & Supply ChainResults & InvestmentSustainabilityDept. Perimeter 0 Saving Bookmark this article Bookmarked 5
International Department: Food Acquisitions, Divestitures & Mergers Corporate Finance International Trends & External Forces Mondelēz International Reports Q4 and FY 2022 Results Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […] Written by Mondelez February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation Trends & External Forces Associates & Employees Robots could surpass workers at Amazon by 2030, Cathie Wood says KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […] Written by CNBC February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Department & Category ESG Partnerships & Alt Profit International Stores & Formats Aldi expands Too Good To Go partnership nationwide following successful trial Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […] Written by Talking Retail February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Ecommerce & Digital Channel: Grocery Department & Category Department: Nonfood Corporate Strategy Corporate Finance Media & Marketing Retailer Media Agencies & Vendors Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Stores & Formats dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. GroceryTHE GROCERS BEST ‘BUILT TO LAST’ H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […] Written by dunnhumby February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department & Category Department: Food Data & Insights Shopper & Customer Trends & External Forces Associates & Employees Holiday & Events Charted: U.S. Egg Prices More Than Double in 2022 Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […] Written by Visual Capitalist February 1, 2023February 1, 2023 Saving Bookmark this article Bookmarked