The National Association of Chain Drug Stores is bringing Grammy winning artists Huey Lewis and the News to NACDS Annual this year. The band will perform at the Opening Celebration of NACDS Annual, taking place from April 21 to April 24 at the Breakers in Palm Beach, Fla., this year.
Deerfield, Ill.-based Walgreens will be introducing the first implementations of its new store format later this spring, or in early summer, executives said Monday night at the 36th Annual J.P. Morgan Healthcare Conference. The new format will mark the first major overhaul of the core Walgreens format since the finalization of its merger with Alliance Boots in December 2014.
When it comes to retail, millennials have a lot going for them. They represent 92 million U.S. consumers in their prime spending years. They are the first truly digital generation. They have high disposable incomes, and control more than $600 billion in annual purchasing power. By 2020, millennial spending in the United States is projected to balloon to $1.4 trillion annually and will represent 30% of total retail sales. These shoppers are tech savvy, plugged in and well-informed — and demanding.
In an effort spearheaded by MPA, the Association of Magazine Media, nearly 140 magazine brands from 37 companies have joined forces in an industry-wide marketing campaign to share the message that magazine media delivers the most credible, trusted and engaging content over any other form of media.
Since 1990, Cosmetic Promotions has offered its clients experiential marketing for beauty brands and retailers. With services that include product sampling, demonstrations, launch kits and sweepstakes, among other services, founder and CEO Joann Marks said the company’s aim is to help its clients save money and labor.
Drug Store News caught up with Marks to discuss her company’s offerings and how its clients can set themselves apart from the competition.
Automation and Technology
Pharmacists still are waiting for the handcuffs to come off. That’s the consensus of industry leaders who are frustrated with the challenges of getting reimbursements for a wider range of services these professionals can perform. It’s a topic at the center of enabling patient care in community-based pharmacy.
“We talk about pharmacists being able to practice at the top of their license,” said CVS Health executive vice president of retail pharmacy and supply chain Kevin Hourican.