As the larger retail game changes, companies have had to adapt how they go about bringing innovative products to market — and the stakes have gotten higher.
Moderating the “Ideas that Matter” panel at the DSN Industry Issues Summit, Mack Elevation founder Dan Mack highlighted the fact that not all partnerships between retailers and suppliers are created equal.
In the U.K., there are basic levels of pharmacy classification, defined services, training and supervision required, as well as some significant price controls and limits to the overall system.
Despite long-held concerns that the e-card or Facebook wall post would wipe out the nearly $8 billion greeting card industry, it continues to hold strong.
A panel of retail OTC executives convened at the Drug Store News Industry Issues Summit to discuss some of the “Ideas that Matter” when it comes to building retailer-supplier partnerships in an effort to win consumers over wherever they are.
Panelists at the DSN Industry Issues Summit emphasized opportunities for improvement centered on education, personalization and prevention with regard to chronic care management.
Drug Store News looks at how independent community pharmacies stay competitive in the face of unprecedented pressures in the form of national chain competitors and a drug-pricing system that’s stacked against them.
