Care Pharmacies chief executive officer Mike Wysong recently spoke with Mass Market Retailers editor-in-chief Jeffrey Woldt about the reasons behind Care’s robust growth. This is an edited version of that conversation, which is available in video form on massmarketretailers.com. WOLDT: Maybe you can talk a little bit about your growth trajectory and the strategy behind
The centrality of retail pharmacies in protecting the health of Americans was underscored earlier this month when the Department of Health and Human Services reached an agreement with a group of national retailers, regional chains and networks of independent drug stores to facilitate COVID-19 immunizations, after one or more vaccines receive Food and Drug Administration
In this week’s Video Forum, Vivek Sankaran, president and CEO of Albertsons Cos., talks about the need to remain nimble and flexible as consumer behavior changes, the company’s response to COVID-19, Albertsons’ growth strategy, and more.
Key leaders in community pharmacy recently assembled for a roundtable hosted by MMR‘s sister publication, Chain Drug Review, and sponsored by ScriptPro, to discuss the profession’s impact on health care during the COVID-19 outbreak and beyond. In these highlights from the meeting, panelists from the retailing, pharmaceutical manufacturing and technology sides of the business address
Lynne Fruth, president of Fruth Pharmacy, tells this week’s Video Forum about how the COVID-19 pandemic has made the drug chain’s contributions to the communities it serves more important than ever. Issues covered include Fruth’s coronavirus testing initiatives, efforts to expand pharmacy’s role in health care, and the threat to the profession posed by
Drastic cuts are coming to Coca-Cola Co.’s brand portfolio. Part of a broader corporate restructuring, which includes a sizable reduction in the workforce, the company has indicated that it may eliminate 50% or more of the beverage brands it sells around the world. Accelerated by supply chain disruptions and changes in consumer behavior brought about
In this week’s Video Forum, Bob Mauch, group president of AmerisourceBergen and chairman of the Healthcare Distribution Alliance, talks about pharmaceutical distributors’ contributions to the health care system. The durability, reliability and safety of the supply chain, partnerships between wholesalers and retail pharmacy operators, and HDA’s plans for a strategic refresh are among the subjects
In this week’s Video Forum, Jon Roberts, chief operating officer of CVS Health, discusses the company’s unique health care model and its performance during the COVID-19 crisis. He also addresses the response of patients and payers to CVS’ HealthHUB format, the important place that front-end merchandise has in the company’s retail strategy, and the impact
For five of the past six years, Care Pharmacies has earned a place on the National Retail Federation’s Hot 100 list. In this week’s Video Forum, Mike Wysong, the company’s chief executive officer, talks about the reasons behind Care’s robust growth, collaboration among its members, and efforts to bolster sales outside the pharmacy department.
Clint Mahlman, president and chief operating officer of London Drugs, tells this week’s Video Forum how the drug chain’s unique business model meets a variety of needs for consumers in Western Canada, especially during the COVID-19 outbreak. He also discusses the boom in e-commerce, an area in which London Drugs has more than two decades
IRVING, Texas — McKesson Corp. is going from strength to strength as it realigns the team that provides support to pharmacy operators across the country. In the wake of Chris Dimos’ retirement as president of retail solutions, the drug wholesaler has named Nimesh Jhaveri president of community pharmacy, and Eyad Farah president of Health Mart
The fourth quarter of the calendar year, always a pivotal time for retailers, is in 2020 shaping up as a make-or-break period. Rocked by the COVID-19 pandemic and subsequent measures to limit the virus’ spread, many retailers have seen business fundamentals, already shaken by e-commerce and changing consumer behavior, further undermined. A new report by