Content about Technology

April 23, 2009

The growth of private-label and what it means to retailers and suppliers all depends on...

April 16, 2009

A report by AARP indicated that prices for branded drugs have increased at a rate...

April 9, 2009

Concerning the effort to shift the nation’s healthcare system away from paper records and handwritten...

April 9, 2009

A lot of news has been coming from the Food and Drug Administration lately. And...

March 28, 2009

As parent company AmerisourceBergen merged more of its old Family Pharmacy network of independent drug stores and store-support services into its resurgent Good Neighbor Pharmacy operations and marketing umbrella, GNP has continued a rapid growth spurt and muscled its way into the top tier of national drug store brands.

March 28, 2009

If there’s an independent pharmacy in your market area with a Leader Pharmacy logo on the storefront — and with more than 3,400 Leader stores nationwide, chances are good that there’s one nearby — don’t be fooled by the store’s modest footprint or the folksy, mom-and-pop image it may project. The store’s owners have an arsenal of sophisticated business tools at their disposal, and the backing of an $87 billion, global health services and wholesaling giant.

March 28, 2009

One of the unique aspects of EPIC is its deep roots in building a consumer brand that touts the advantages of locally owned drug stores. To help accomplish this goal, Angelo Voxakis, president and CEO, said that in 2007 EPIC invested $2 million in consumer advertising to support its 650 primary members. And it is clear that the company’s Web site has been designed with the consumer in mind.

March 28, 2009

In late 2008, retail pharmacy’s fastest-growing franchise for independent owner-operators blew past a significant milestone with the addition of its 2,000th drug store member.

March 28, 2009

Independent pharmacy has been slammed hard by the continuing slide in prescription-dispensing profits, a dismal economy and powerful chain store competitors. But with their strong ties to local communities and the patients they serve, most are weathering the storm and may emerge stronger than ever.

March 28, 2009

With 3,300 members, the Independent Pharmacy Cooperative is the largest of the independent pharmacy organizations. And, early this year, the organization made it clear that it was not ready to rest on its laurels but was seeking to enhance its services and grow even larger by bringing in a new CEO with a long history of success in retail pharmacy.

March 28, 2009

Since 2006 PBA Health has grown from slightly more than 1,000 members to 1,800, making it the fastest-growing major pharmacy group, according to Nick Smock, CEO of the Kansas City, Mo.-based cooperative. One of the things that made this growth possible is the organization’s realization that, while buying “right” will always be a key element of success for any pharmacy, two other areas are just as important: operational excellence and effective marketing.

March 22, 2009

Dr. Fresh, a manufacturer of oral care products, has entered the natural products market with...

March 1, 2009

What a difference a year makes. Walgreens’ management and shareholders were long accustomed to steady, record-breaking gains in sales and earnings, and a pedal-to-the-metal store development strategy, that made Walgreens the nation’s fastest-growing pharmacy retailer and a market leader in cities across the country. As recently as the company’s annual meeting in January 2008, former chairman and CEO Jeff Rein reaffirmed that strategy, outlining a bold plan for filling in markets across the country by opening roughly one new store every 16 hours and buying the prescription files, and sometimes the stores, of rival independent and small chain pharmacies. He also said the company aggressively would pursue new opportunities in specialty pharmacy and front-end merchandising.

March 1, 2009

I’m not willing to say it was a great move at this point.”—BusinessWeek Feb. 12,...

February 19, 2009

Michigan has long been regarded as one of the nation’s most proactive states in the...

February 8, 2009

Dear Mr. President,...

February 5, 2009

This full-page ad taken out by Walgreens is important as it comes at a time...

February 4, 2009

There has always been an undercurrent of thought that a pound of prevention might save...

January 29, 2009

Pick an outside turnaround artist/corporate hotshot to lead the nation’s most storied drug store retailer?...

January 22, 2009

While Drug Store News has been, and continues to be, a staunch supporter for the...

January 18, 2009

The Ohio Legislature’s passage of a law named for a young girl who died after...

January 18, 2009

For several years, the Walgreens annual shareholders meeting had been a time of yearly celebration;...

January 11, 2009

With the country focused on expanding health care to 46 million uninsured, the fact that...

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