Dept. Pharmacy

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  1. Trends & External Forces

Walmart Wellness Day returns on Saturday

BENTONVILLE, Ark. — Walmart is hosting wellness days at about 4,700 of its stores on Saturday. The retailer said the free events will offer customers access to screenings, immunizations and health information. The goal is to help people get back on track with preventive health measures they may have missed over the past year, especially […]
3 min read
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  1. Channel: Grocery

Southeastern Grocers to offer telehealth services

TAMPA, Fla. — TRxADE Health’s Bonum Health unit has signed a Telemedicine Service Distribution Deal with Southeastern Grocers Inc., which operates Winn-Dixie, Harveys Supermarket and Fresco y Más grocery stores in Florida, Alabama, Louisiana, Georgia and Mississippi. Bonum Health will provide affordable telemedicine services and prescription discount savings to the patients of all Winn-Dixie, Harveys […]
2 min read
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  1. Channel: Grocery

Albertsons Cos. expands COVID-19 services

BOISE, IDAHO – Albertsons Cos. said Monday that it is adding new COVID-19 services designed to help its customers to stay well this summer. These offerings build on the company’s leading efforts in administering 6 million COVID-19 vaccinations to date through its 1,700 pharmacies nationwide. “As front-line healthcare providers, our pharmacy teams have been heroic […]
2 min read
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  1. Channel: Drug

Rite Aid’s retail division reports robust growth in first quarter

CAMP HILL, Pa. — Rite Aid Corp. recently posted results for the first quarter of fiscal 2022 that fell short of some analysts’ projections, although the company’s Retail Pharmacy Segment achieved robust sales and profit growth. However, the company’s full-year earnings forecast disappointed Wall Street, which drove down Rite Aid’s stock price by nearly 15% […]
2 min read
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  1. Department & Category

Video Forum: Kevin Hourican, Sysco Corp.

In this week’s Video Forum, Kevin Hourican, president and chief executive officer of Sysco Corp., a global leader in selling, marketing and distributing food and nonfood products, primarily to restaurants and institutional customers, talks about the company’s recently unveiled Recipe for Growth. The former president of CVS Pharmacy also discusses the state of the food […]
< 1 min read
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  1. Channel: Grocery

Will Albertsons be Able to Focus on Meals

  At the intersection of food sales and retail brands selling food is a time starved consumer looking for solutions on how to put dinner on the table faster with less work and still have a fresh prepared meal.  At fist glance the DoorDash and Albertsons Cos., new partnership that offers on-demand grocery delivery from […]
4 min read
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  1. Channel: Grocery

Hy-Vee names Fick chief medical officer

WEST DES MOINES, Iowa — Hy-Vee Inc. added Dr. Daniel Fick to its leadership team as chief medical officer. In this role, Fick will help oversee all of Hy-Vee’s existing health and medical initiatives and the development of new services and offerings to improve the health and wellness of the retailer’s customers and employees. Dr. […]
2 min read
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  1. Channel: Drug

Walgreens expands same-day Rx delivery

DEERFIELD, Ill. — Walgreens has expanded same-day prescription delivery, the company said Thursday. The service is now available in nearly all store locations seven days a week. “Same day prescription delivery is one more way Walgreens is empowering patients to easily and conveniently manage their health,” Walgreens president John Standley said. “We are pleased to […]
< 1 min read
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  1. Channel: Drug

Walgreens and VillageMD to expand in Texas

DEERFIELD, Ill. — Walgreens Boots Alliance and VillageMD plan to open 29 new Village Medical at Walgreens practices in Houston, Austin and El Paso this year, the companies said Thursday. The openings are part of an overall goal of adding at least 600 Village Medical at Walgreens locations in more than 30 U.S. markets over […]
2 min read
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  1. Channel: Drug

Walgreens’ pharmacy revenues get a boost from COVID-19 vaccinations

Walgreens reported that prescription medicine sales at its pharmacies jumped 9.8 percent in the chain’s third-quarter, with COVID-19 vaccines representing six percent of that increase. The drugstore retailer, which raised its annual sales and earnings guidance, posted a profit of $1.38 a share in the most recent quarter, compared to a loss of $1.95 a […]
< 1 min read
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  1. Trends & External Forces

Big Y, Bonum Health to deploy telemedicine program

TAMPA — TRxADE Health, an integrated drug procurement, delivery, and health care platform, announced on Thursday that Bonum Health, a digital health care business subsidiary, has signed a telemedicine service distribution deal with Big Y Pharmacy and Wellness Centers within their supermarkets in Massachusetts and Connecticut. Bonum Health will provide affordable telemedicine services to the patients of […]
2 min read
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  1. Trends & External Forces

NACDS brief defends North Dakota law on PBMs

ARLINGTON, Va. – A cogent amicus brief filed by the National Association of Chain Drug Stores (NACDS) points directly to U.S. Supreme Court precedent in defending “one of numerous state laws that help protect the health and safety of their citizens by promoting the economic viability of their trusted community pharmacies.” NACDS filed the brief […]
2 min read
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  1. Department: Nonfood

Why Pet Supplements and Medications Are Soaring

My cat woke me at 5:15 this morning because he wanted to go and play outside. I have to admit, I was a tad grumpy, but he has been a source of amusement (not comfort: he’s not that kind of cat) over the past year when we’ve been stuck at home. And my family is […]
4 min read
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  1. Media & Marketing

Drug Channels News Roundup, June 2021: Amazon’s Latest, Patients vs. Accumulators, Generics & Biosimilars, 340B Games, and a Hospital Road trip

Happy 245th birthday, America! As you declare your vaccinated independence, celebrate with these Drug Channels fireworks: Amazon’s teeny step toward pharmacy disruption How patients view copay accumulators My $0.02 on generic and biosimilar trends Some hospitals seem to be gaming their 340B eligibility Plus, tips on effective hospital marketing. P.S. Please join the nearly 12,000 […]
2 min read
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  1. Corporate Purpose

Retail Business Services Joins Business Coalition for Equality Act, Donates $10,000 to NGLCC and The Trevor Project

QUINCY, Mass., June 30, 2021 (GLOBE NEWSWIRE) — Today, Retail Business Services, the services company of Ahold Delhaize USA, made two important announcements as part of the company’s commitment to supporting the LGBTQ+ community: its official signing to become a member of the Business Coalition for the Equality Act, and two donations of $5,000 each […]
3 min read
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  1. Channel: Mass

Walmart’s Latest Move in Pharmacy Wars: Cheaper Private Label Insulin

Walmart has launched a private label analog insulin through its ReliOn brand, available in both analog insulin vials and FlexPens. The new medication is priced to help customers save 58% to 75% off the cash price of branded analog insulin products. The NovoLog Insulin injection, which is manufactured by Novo Nordisk, will become available in […]
2 min read
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  1. Channel: Drug

Walgreens offering rewards for vaccines

DEERFIELD, Ill. — Customers getting a COVID-19 vaccination at Walgreens will now receive $25 in Walgreens Cash rewards, the company announced Tuesday. The Walgreens Cash rewards will be available immediately following the vaccination for those who have myWalgreens accounts. Individuals without a myWalgreens account can opt to receive a $25 Walgreens gift card following vaccination […]
< 1 min read
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  1. Shopper & Customer

This Week in Retail: Retail’s Dirty Secret Part 2

👋  Hi friends, happy Friday! Welcome back to This Week in Retail. I wanted to give a quick welcome to all of my new subscribers and say thank you to those of you who have been following me here for a while. I put a ton of work into this weekly newsletter and it means […]
4 min read
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  1. Trends & External Forces

This Week in Retail: The Xinjiang Cotton Ban

Hi friends, happy Friday! 👋   I’m BACK! It’s been a while since my last newsletter. I took a bit of break over the holidays but I’m really excited to get back to writing. This week’s topic is probably one of the most important pieces that I’ve written for my newsletter so far. It may seem […]
4 min read
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  1. Channel: Drug

Rite Aid posts strong retail results in Q1

CAMP HILL, Pa. — Rite Aid Corp. posted results for the first quarter of fiscal 2022 that fell short of some analysts’ projections although the company’s retail pharmacy segment achieved robust sales and profit growth. Heyward Donigan The reported net loss from continuing operations for the 13 weeks ended May 29 fell to $13.1 million, […]
3 min read
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  1. Channel: Ecommerce & Digital

Amazon Invests in Rx & Prime Day Inventory; Price Increases to Continue in 2021

  Amazon is looking to expand within the U.S. pharmacy and virtual care markets. Our research indicates the company’s current priority within that space is to have their digital capabilities fully vetted prior to partnering/buying brick and mortar assets. We believe a central part of Amazon’s pharmacy strategy is Amazon Care, with the most attractive […]
2 min read
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  1. Channel: Drug

Walgreens Delivers via Uber Eats

  Back in the day Walgreens was the largest chain of restaurants in the U.S. with lunch counters serving hot meals for breakfast, lunch, and dinner.  Walgreens was the first to offer the ‘fourth meal’ serving coffee and pie all day as a meal or a snack.  The ability to expand its speed of service […]
3 min read
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  1. Channel: Grocery

Kroger Delivers Strong First Quarter Results and Raises Full-Year 2021 Guidance

The Kroger Co. today reported its first quarter 2021 results and will update investors on how Leading with Fresh and Accelerating with Digital initiatives are positioning Kroger for long-term sustainable growth.
9 min read
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  1. Channel: Drug

CVS Health Hit By Major Data Breach

ZDNet reports that “WebsitePlanet, together with researcher Jeremiah Fowler, revealed the discovery of an online database belonging to CVS Health. The database was not password-protected and had no form of authentication in place to prevent unauthorized entry. “Upon examination of the database, the team found over one billion records that were connected to the US […]
< 1 min read
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  1. Channel: Mass

If You Have Kids Walmart’s has a Helpful Service

   At the intersection of keeping the family fed, food in the refrigerator, snacks on the shelf, milk, coffee, dippers; and work, Walmart has a new service that can help. When Mom and Dad are asked What’s for Dinner, the solution just may be Walmartmore often than not according to Steven Johnson, Grocerant Guru® at […]
3 min read
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Here’s what was interesting in Retail today: Coca-Cola spurs 42% revenue growth (now $10.1B) after returning to pre-pandemic marketing spend (which doubled YOY). They invested in innovation, quality, and targeted allocation with their increased spend and beat earnings and revenue expectations in Q2. Target, Bed Bath and Beyond Open Doors To Third-Party Boutiques. The Store-within-a-store […]
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  1. RetailWIt QuickWit

Daily QuickWit (7/20) – Top Retail News of the Day

Here’s what the RetailWit crew is reading today: Salesforce projects retailers will pay extra for goods in the second half—to the tune of $223B (+62%) YOY. It’s expected to come from a staggering increase in logistics (+$163B), suppliers (+$12B), and wage expenses (+$48B). Uber partners with Albertsons to expand grocery delivery. It is their biggest […]
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