CLICK HERE TO DOWNLOAD THE ARTICLE The widespread COVID-19 crisis pushed drugstores into the delivery and virtual space, accelerating the already-expanding industry. As people began staying home and prioritizing their health, drugstores were left to meet the demand while strategizing to become more health-conscious for both employees and customers. Within the first two weeks of […]
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CLICK HERE TO DOWNLOAD THE ARTICLE The Story On November 17th, 2020, Amazon officially launched its online store Amazon Pharmacy. The year 2020 has brought many surprises to the retail industry, but Amazon entering into the pharmacy business has been a long time coming since their acquisition of PillPack in 2018. So, how does […]
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Customer shopping habits rapidly shifted during the global crisis, making it difficult for retailers to predict business trends. Drug store visits nationally increased by 28 percent from February 19 to March 27 with the South region leading by a 51 percent increase during that same time, according to Four Square. This could indicate that shoppers […]
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Over the past couple of years, the retail sector has seen significant changes. With the Amazon threat now looming over the pharmacy industry, we’ve seen mergers and acquisitions heavily increase to compete with the e-commerce giant. According to leading research, the drug store industry generates $271 billion in annual revenue with retailers CVS, Walgreens, and […]
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