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INSIGHTS AND PERSPECTIVES

  • Walgreens setting the stage to be an entirely different retailer; new magazine just a first step in that direction

    WHAT IT MEANS AND WHY IT'S IMPORTANT — Omni-channel retailing is so yesterday. Omni-national retailing is the space where Walgreens is looking to play, and this magazine is just one of the first examples of how retailing concepts from the Old Country will be imported from across the Pond and translated for the U.S. market. 

  • Global MS market to reach $19.5 billion in 2017, report finds

    FARMINGTON, Conn. – The global market for treatments for neurodegenerative disorders will exceed $20 billion before the end of the decade, according to a new report.

    Global Information announced the availability of four research reports that analyze the global markets for treatments for syndromes of progressive ataxia and weakness disorders. According to GII, the global market for treatments was nearly $14 billion and is expected to reach $23.5 billion by 2017, after increasing at a five-year compound annual growth rate of 9.4%.

  • Canadian retailers lose C$10.8 million per day to shrink

    TORONTO — Shrink costs Canadian retailers almost C$4 billion per year, according to a new report.

    The report, released Wednesday by PwC and the Retail Council of Canada and based on a survey of 34 retailers from across Canada, estimated that retailers in Canada lose about C$10.8 million per shopping day to theft by customers and employees, counting mistakes and organized crime. Cosmetics and fragrances, alcohol and women's clothing were the three most popular items to steal, according to the report.

  • Retailers stay tuned for multi-channel consumers

    WHAT IT MEANS AND WHY IT'S IMPORTANT — News flash: Retailers get the idea that attracting today's consumer means going multichannel.

    (THE NEWS: Retailers plan to spend more on e-commerce this year. Click here for the story.)

  • Survey: Retailers plan to spend more on e-commerce this year

    DURHAM, N.C. — More than two-fifths of retailers plan to increase spending on online marketing this year, and nearly half have invested in new mobile apps, according to a new survey.

    The survey, titled "Loading the Sleigh: Marketers' Plans & Expectations for the Holiday Season," conducted by Retail Systems Research on behalf of Bronto Software over the summer, included 179 respondents, mostly with annual sales of between $51 million and $999 million. Bronto makes software for retailers and other commerce-focused companies.

  • Improved adherence, med management can reduce hospital re-admissions, healthcare group says

    CAMBRIDGE, Mass. — Improving medication adherence may be the key to reducing hospital re-admission rates, according to a new issue brief by a health policy research organization.

  • WellTransitions couldn't be more timely with a well-vetted solution to reducing hospital re-admissions

    WHAT IT MEANS AND WHY IT'S IMPORTANT — WellTransitions could be couched as another way in which Walgreens is striving to create solutions that lower the cost of overall health care outside of the physical retail pharmacy space, because it is. WellTransitions also could be characterized as a program that will routinely chip away at the $25 billion associated with hospital re-admissions by having more prescriptions filled at the pharmacy counter, because it does. But the real impact of this news? The real clincher?

  • Multichannel shoppers pick the low-hanging fruit, including apples and oranges

    WHAT IT MEANS AND WHY IT'S IMPORTANT — With shoppers looking for ways to buy things more conveniently, it's clear that the age of the multichannel consumer is well under way, and retailers would be wise to respond in kind. Many of them have already done so.

    According to retail consulting firm Upstream Commerce, convenience ranks at the top of reasons why consumers shop online, and as recent news has shown, this is just as true for supermarkets as it is for anyone else.

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