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INSIGHTS AND PERSPECTIVES

  • WAG-RAD merger possible, but not likely

    WHAT IT MEANS AND WHY IT'S IMPORTANT — A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site.

    (THE NEWS: Reports: WAG-RAD merger speculation drives RAD stock to four-year high. For the full story, click here)

  • Walgreens' Surescripts deal heralds bright future for pharmacy

    WHAT IT MEANS AND WHY IT'S IMPORTANT — There is power in information. There is even more power in that information when it is conveniently available at the precise moment it is needed — in this case, during one of a patient's increasingly time-crunched appointments with a general healthcare practitioner. Today more than half (52%) of all office-based doctors are using that Surescripts network to streamline and help manage the prescriptions they write, which is connecting them to 94% of all retail pharmacies.

  • 'Most ethical' companies include Costco, Safeway, Target

    NEW YORK — The Ethisphere Institute's sixth annual selection of the "World's Most Ethical Companies" included several of the nation's top retailers.

    Among this year's list of 145 organizations, Ethisphere — which describes itself as a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability — included Costco, Safeway, Target, Wegmans and Whole Foods.

  • Patients taking oral cancer drugs may risk drug interactions, study finds

    WASHINGTON — Pills for treating cancer have created numerous alternatives to spending hours in a clinic or at home receiving chemotherapy infusions, but risks of drug interactions remain, according to a new survey by the research arm of pharmacy benefit manager Medco Health Solutions.

  • SymphonyIRI: Consumers continue to seek value in 2012

    CHICAGO — While consumers will continue to define value based on price, other key trends — including new product development, technology, store layouts and shopping patterns — will drive the market in 2012, according to SymphonyIRI research.

    In its latest Times & Trends report, "CPG 2011 Year in Review: The Search for Footing in an Evolving Marketplace," SymphonyIRI said that in order to effectively compete in the market, consumer packaged goods manufacturers and retailers should take note of the following predictions:

  • White rice consumption could accelerate diabetes risk

    BOSTON — A new study has indicated that the consumption of white rice can increase one's risk of developing Type 2 diabetes.

  • Survey: WAG-ESI dispute sends customers to independent pharmacies

    WASHINGTON — Many Walgreens customers are "flocking" to independent pharmacies amid the dispute between the retail pharmacy chain and pharmacy benefit manager Express Scripts, a trade group representing the PBM industry said.

    The Pharmaceutical Care Management Association announced results of a survey conducted by North Star Opinion Research, touting the results as evidence of preferred pharmacy networks' benefits to independent retail pharmacies and customers.

  • Nielsen: During holiday season, retail apps, websites reached nearly two-thirds of consumers

    NEW YORK — During the 2011 holiday season, the top retail applications and websites combined — including Amazon, Best Buy, eBay, Target and Walmart — reached nearly 60% of smartphone owners, according to Nielsen.

    “The majority of smartphone owners used their devices for shopping this past holiday season,” said John Burbank, president of strategic initiatives at Nielsen. “Mobile shopping has reached scale and is only going to grow as smartphone penetration continues to rise.”

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