DEERFIELD, Ill. – With Richard Ashworth’s resignation as Walgreens president to lead Tivity Health Inc., one thread in the drug chain’s storied history is coming to an end, even as the overarching narrative of its transformation continues. Ashworth – whose duties are being assumed by Walgreens Boots Alliance co-chief operating officer Alex Gourlay, whom he
For retail companies that sell essential merchandise and remain open during the COVID-19 pandemic, the crisis has created new exigencies that are testing their mettle. With consumer preferences and shopping patterns undergoing sudden and dramatic shifts, stores have had to scramble to meet unprecedented demand, while at the same time doing everything they can to
ARLINGTON, Va. — Leslie Sarasin, president and chief executive officer of FMI — the Food Industry Association, is intent on ensuring that the group’s recent name change signifies more than an update of its image. Formerly the Food Marketing Institute, the newly rechristened association represents an industry far more diverse and complex than it was
RxImpact Day on Capitol Hill was one of the many casualties of the COVID-19 pandemic, which hit this country hard early this month and, as of this writing, showed no signs of abating. Conducted by the National Association of Chain Drug Stores, RxImpact Day would have brought together more than 400 pharmacy advocates in Washington,
PHOENIX — After weathering the storm unleashed by the advent of grocery e-commerce and the attendant predictions about the demise of brick-and-mortar stores, supermarket operators have regained their equilibrium and are charting a new course in the omnichannel world. The change in attitude was evident at the annual Midwinter Executive Conference convened by the industry’s
Retailers and suppliers accustomed to thinking of the United States or Western Europe as the epicenter of innovation should take a moment to consider China, a nation of more than a billion increasingly affluent people who are reshaping the way consumer products are bought and sold. A look at new developments in the dynamic Chinese
Anyone questioning the vitality of the retail industry would have had those doubts put to rest if they were present at the National Retail Federation’s Big Show in New York City earlier this month. With some 40,000 attendees — almost half of them retailers, including everyone from small business owners to John Furner, president of
Among the myriad laws and regulations that took effect across the country at the start of 2020, none is likely to have a bigger impact on the way mass market retailers do business than the California Consumer Privacy Act. Passed by the state legislature and signed into law by Gov. Gavin Newsom amid calls for
Actuaries at the Centers for Medicare and Medicaid Services have released their annual look at trends in U.S. health care spending. Published in the journal Health Affairs, the report contains a few bright spots, but the overall picture remains bleak. Total expenditures on health care increased 4.6% in 2018 to reach $3.6 trillion. While the
At the beginning of the month, Kroger Co. unveiled a redesigned corporate logo intended to impart a contemporary look and feel to the supermarket operator’s iconic brand. Complemented by the tagline “Fresh for Everyone,” the new logo is the tip of the spear in a multimedia brand transformation campaign whose aim is to express Kroger’s
The rush to capitalize on widespread consumer interest in products that contain cannabidiol has become a stampede. Not a week goes by without news from companies looking to enter or enlarge their presence in the burgeoning CBD business, one whose reach already extends across a range of CPG categories, including health and wellness, beauty, food
Always a major factor in determining where people choose to shop, the concept of convenience is now continually redefined by rapid advances in technology. Consumers can, of course, turn to e-commerce to order products and services anytime, anywhere, and usually expect to receive them in short order, and digital devices enable them to access detailed