1. Channel: Drug
CNBC reports that “CVS said Wednesday that it plans to acquire or take a stake in a primary-care company by the end of the year, as competition heats up with Amazon and Walgreens. “CEO Karen Lynch said on the company’s second-quarter earnings call that the company wants to team up with a provider that has […]
  1. Shopper & Customer
Good piece in Fast Company about the degree to which Amazon and Walmart are doing battle over ad revenue, which is worth billions of dollars to their bottom lines. According to the story, “The behemoth retail rivals are not outliers in pushing this strategy. To the contrary, they appear to be the vanguard of snowballing […]
  1. Trends & External Forces
Discount retailer Dollar General has appointed four members to its healthcare advisory panel as it continues to explore opportunities in medtail and healthcare — a process that began in earnest with the July 2021 appointment of Chief Medical Officer Dr. Albert Wu. The new panel members are healthcare industry veterans who will work with Dollar […]
  1. Trends & External Forces
Dollar General, which last year said it would put more investment into healthcare products and services, this week announced the members of a healthcare advisory panel designed to help it achieve its goals. The panel will be chaired by the company’s chief medical officer Dr. Albert Wu, and will include Dr. Patrick Carrol, chief medical […]
  1. Owned Brands (Private Label)
DEERFIELD, Ill. — Walgreens announced on Friday that Marty Esarte will join the company at the end of August as group vice president of Owned Brands, leading the company’s private label strategy. With over 20 years in retail and CPG leader with experience at Clorox Company, Conagra, and Walmart, Esarte is a results-oriented leader with […]
  1. Trends & External Forces
GOODLETTSVILLE, Tenn. — Dollar General on Thursday announced the appointment of four members to a newly established Healthcare Advisory Panel that will help guide the retailer as it expands its health and wellness offerings. “Dollar General is excited to take these next bold steps on our healthcare journey and welcomes these talented and respected professionals […]
  1. Trends & External Forces
TROY, Mich. — With more than 258.1 million total doses of the COVID-19 vaccine and an estimated 40 million flu vaccinations seasonally dispensed at retail pharmacies, U.S. consumers have grown accustomed to—and very comfortable with—the idea of receiving health services at their local pharmacies. According to the J.D. Power 2022 U.S. Pharmacy Study, released Thursday, the evolution toward health and […]
  1. Channel: Drug
CVS Pharmacy allows pharmacists and associates to refuse to sell birth control products to customers based on moral or religious grounds. The company’s policy requires that responsibility for filling the prescription or completing the purchase be turned over to another team member. Rival Walgreens, which has a similar policy, is now the target of a […]
  1. Data & Insights
This week, I’m rerunning some popular posts while I prepare for this Friday’s live video webinar: Specialty Drugs Update: Trends, Controversies, and Outlook . One update to the list below: CVS Health has quietly purchased AmerisourceBergen’s US Bioservices specialty pharmacy. Click here to see the original post from May 2022. In Drug Channels Institute’s list […]
  1. Channel: Drug
NEW YORK —Rite Aid said it is accelerating its switch to selling 100% cage-free eggs, and now expects to hit that goal by the end of this year. The company had initially pledged to source cage-free eggs across all its retail locations by 2025. The new commitment expedites the timeline by three years. “We commend […]
  1. Trends & External Forces
As reported last Thursday, Amazon will spend $3.9 billion to acquire 1Life Healthcare Inc., which under the name One Medical provides membership-based primary healthcare services to employees for more than 8,000 companies in a dozen major US markets.  This is Amazon’s third largest acquisition, after Whole Foods ($13.7 billion in 2017) and MGM ($8.5 billion […]
  1. Data & Insights
RETHINK Retail’s Solution Spotlight shines a light on industry vendors and what makes them distinct. This vendor spotlight is on Microsoft and Theatro. Microsoft is an international technology corporation producing innovative computer software solutions to businesses and consumers. Theatro offers communication solutions for frontline workers so they can stay connected with each other, experts, managers, […]
  1. Department: Food
MIAMI — Garden House USA Inc. has launched Prunelax Gummies, featuring a new taste and texture option for the brand’s lineup of laxative supplements. Managing Director of Garden House USA, Ignacio Bentancur said the new product was designed with consumers in mind. “In a space that sees an abundance of pills, we’re proud to offer […]
  1. Channel: Drug
Calls for a boycott of Walgreens are growing after two incidents where workers at different stores refused to sell customers condoms and oral contraceptives. “Instances like this are very rare and our policies are designed to ensure we meet the needs of our patients and customers while respecting the religious and moral beliefs of our […]
  1. Channel: Drug
DEERFIELD, Ill. — Lauren Brindley reportedly announced Tuesday that she is stepping down from her role as head of beauty and personal care at Walgreens Boots Alliance at the end of July. Heather Hughes, a longtime Walgreens employee, will be stepping into Brindley’s  role as group vice president of Beauty & Personal Care and Seasonal, […]
  1. Channel: Ecommerce & Digital
SEATTLE – Amazon customers in College Station, Texas, will soon be able to order merchandise and get it delivered by a drone. The news last week followed a recent report that Amazon was working with the Federal Aviation Administration on a plan that would allow shoppers in Lockeford, Calif., to be among the first served […]
  1. Department: HBC
Despite what you may have heard, pharmacy participation in the 340B Drug Pricing Program continues to thrive. Drug Channels Institute’s latest analysis reveals that an astonishing 32,000 pharmacy locations—more than half of the entire U.S. pharmacy industry—now act as contract pharmacies for the hospitals and other healthcare providers that participate in the 340B program. Over […]
  1. Corporate Finance
Kohl’s is off the sales block following the end of talks with Franchise Group (FRG), which has been the highest bidder for the company since the retailer began seeking a buyer in January 2022. When exclusive acquisition negotiations began in early June, FRG proposed $60 per share for Kohl’s, a valuation of $8 billion, eventually […]
  1. Channel: Drug
Walgreens reported fiscal third-quarter profits of 33 cents a share, down from $1.38 last year. The pharmacy giant said its “operating loss in the quarter reflects a $683 million charge related to the opioid settlement with the State of Florida and higher costs related to the Transformational Cost Management Program.”
  1. Trends & External Forces
DEERFIELD, Ill. — Walgreens Boots Alliance posted third quarter sales and earnings that beat Wall Street’s projections. The company’s adjusted earnings per share of 96 cents topped analysts’ forecast of 92 cents, while its revenue of $32.6 billion exceeded the predicted $32.06 billion. WBA said it was maintaining its full year adjusted EPS guidance of […]
  1. Department: HBC
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Tuesday its decision to keep its Boots and No7 Beauty Company businesses under its existing ownership. This marks the conclusion of the review that began in January in line with the company’s strategic priorities. WBA said it has been encouraged by productive discussions held with a […]
  1. Channel: Drug
DEERFIELD, Ill. — To honor the service and sacrifices of Americans who served in the armed forces, Walgreens is offering a weekend Independence Day discount to all veterans, active duty military personnel and their immediate family members, including the families of those who lost their lives in service to their country. Beginning July 1 through […]
  1. Channel: Drug
ORLANDO, Fla. —  One of the country’s largest specialty and home delivery pharmacies is now AllianceRx Walgreens Pharmacy. Walgreens announced full ownership of the company in January, necessitating the name change. “AllianceRx Walgreens Pharmacy is the same specialty and home delivery pharmacy our patients have come to trust and depend on for life-saving medications,” says Joel Wright, RPh, […]
  1. Trends & External Forces
DEERFIELD, Ill.– Walgreens Health, a division of Walgreens Boots Alliance (WBA) that develops consumer-centric, technology-enabled health care solutions, announced Tuesday a new collaboration with Buckeye Health Plan to bring innovative health and wellness services to Medicaid members in five northeast Ohio neighborhood locations this summer. Buckeye Health Plan, an Ohio managed care company, is the […]

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Why Amazon, Attributes, and Label Claims Matter According to the Nutrition Business Journal’s Supplement Business Report, supplements showed staying power in 2021 even as shoppers returned to more traditional shopping behavior. The beginning of the pandemic spurred historic 14.5% growth in 2020, a rate that was destined to level off once the world moved away […]
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Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according media reports. Walmart did not confirm the number of job cuts, but the layoffs will reportedly impact about 200 employees across the merchandising, global technology and real estate teams, people familiar with the matter told The Wall […]
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KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […]
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Dive Brief: Ahold Delhaize announced on Wednesday it has named Jan Ernst de Groot as its first chief sustainability officer. In the newly created role, de Groot will head up Ahold Delhaize’s Environmental Social Governance (ESG) work. De Groot will also retain his role as chief legal officer for the grocery company. Ahold Delhaize noted that de Groot has a “track record of leading transformative sustainability programs at companies and supervisory […]