3 Misconceptions About Amazon Pharmacy & What It Says About the Future of Physical Pharmacy Retail
Amazon rattled the pharmacy world when it announced its new Amazon Pharmacy concept in late November. Competitors’ stocks fell from 8 to 22 percent the day the news was shared. The timing could not have been better for Amazon Pharmacy, as CNBC reported: “Americans are increasingly relying on getting their medicines via mail to avoid […]
Caring for Communities: How the Top 3 Retail Pharmacies Lead the Charge
When Amazon announced they would expand its pharmacy services, analysts called it a warning shot for the top retail pharmacies. Amazon was expected to bring the same type of disruption to pharmacy that it had to books, DVDs, retail and grocery. Retail pharmacies, however, have an edge on Amazon: they’ve got roots in the communities […]
Top 3 US Retail Pharmacies: Who’ll Capitalize on Consumer Obsession with Health & Wellness?
Note to reader: This is the second installment of our series on how the top retail pharmacies in the US—Rite Aid, CVS, and Walgreens—are evolving to meet ever-changing consumer demands. When you’re done, check out first installment on new store formats. Retail pharmacies have long been a one-stop-shop for beauty, grocery and yes, pharmacy. But […]
Top 3 US Retail Pharmacies: Are New Store Formats the Prescription for Success?
It’s a race to the top in pharmacy retail. The top three pure play brick-and-mortar pharmacy retailers are choosing different but similar paths to get there. In a new series, we’ll be taking a closer look at what Rite Aid, CVS, and Walgreens are doing in five pharmacy retail markers for success. Up first: new […]
Can’t Touch This: Contactless is Now a Must-Have for Grocers
One of the biggest ironies of ecommerce had been how willing people are to purchase cars or 60-inch TVs sight unseen, but still prefer to choose their own eggs and apples. Then… the pandemic came along ready to disrupt an industry that was ripe for change. Hello, online grocery. In 2019, Publicis Groupe had predicted […]
3 Reasons Why Dollar Stores Are On The Rise
When it comes to the rise of dollar stores, the numbers are somewhat staggering. Three-fourths of Americans live within five minutes of a Dollar General store, currently the largest US retail chain by store count. And while retailers around the country are closing at a record pace, Dollar General is adding almost 2,000 stores over a […]
C-Store Rebranding in 2019: Chains Weigh Opportunities and Risks
The signs, they are a changin’. So are the coffees, the burritos and the fuel brands. Convenience stores are in the midst of an overhaul as chains absorb brands large and small. The end result: a cohesive national strategy. The opportunities for synergy certainly are there—but so are the risks of removing loyalty from the […]
The Recipe for Successful Alternate Format Grocery Stores
In today’s rapidly changing retail landscape, it’s no wonder that one of the most basic human needs—food—is undergoing the biggest transformation. Traditional grocery is at the heart of the changes. Since 1988 it has seen its market share shrink from 90 percent to 44 percent. A couple of key points underpin this shift, namely the […]
AI in Apparel Retail: From High Tech Gadgetry to Revenue Builder
Imagine a world in which apparel retailers and manufacturers truly know what customers will buy. One in which they can anticipate which products will be returned because of poor fit. One in which they can bring each store team’s attention to the products in the highest demand to ensure availability. And one in which they […]
Key Takeaways from CB4’s Interviews with Top Women in Grocery
There’s an old adage in tennis: to improve, play with those who are better than you. The same principle holds true in the supermarket business. Learn from those who are a few steps ahead on the career ladder or those who have excelled in specific areas. We serve up some insights from three accomplished grocery […]
