Sales of vitamins across food, drug and mass outlets (minus Walmart) grew by a whopping 8.9% to $2.7 billion for the 52 weeks ended Nov. 30, 2008, according to data from Information Resources Inc. That kind of growth affirms an October 2008 survey released by the Council for Responsible Nutrition that suggested the majority of dietary supplement users didn’t cut back on their supplement regimens, despite the tougher economy. According to the survey, 51% of supplement users indicated that the economy’s ills wouldn’t force them to cut back on their supplement-purchasing habits. Survey results also showed that of the 51% who didn’t plan on cutting back their supplement routine, 13% reported supplements were an essential part of their overall wellness regimen — something they couldn’t do without. Click below to download the PDF of ECRM VMS 2009.
Retailers and technology vendors convened at the fifth annual Health, Wellness and Technology Roundtable to discuss what they see in the current technology today, what they expect in 2016 and some of the unmet technology needs.
When Drug Store News last profiled Rite Aid in 2012, the company was posting its best results in years and completing a historic turnaround that saw the chain traveling full speed ahead on its Road to Wellness. Read more
In this exclusive 20-page special report, DSN examines Walmart’s mission to be America’s destination for health and wellness — and the leadership team charting the course. Walmart executives — including president of health and wellness Labeed Diab, SVP of baby, paper goods, chemicals, OTC and optical Carmen Bauza, and others share the company’s vision in pharmacy, OTC, specialty pharmacy, retail clinics, optical and more. Read more
Walmart’s purpose — embodied by the company’s “save money, live better” value proposition — has become a more powerful force, motivating Walmart’s health-and-wellness strategies. And the retailer is much more broadly thinking about its potential role in an evolving healthcare delivery system, where cost promises to be the dominant consideration for decades to come and nutrition will play a great role.
Click below to download the full Walmart Annual Report. Read more
Walmart is rapidly expanding its impact on pharmacy by opening its smaller 45,000-sq.-ft. Neighborhood Market stores at a faster pace, while also experimenting with the even smaller 15,000-sq.-ft. Walmart Express format.