by Kyle Lentz, category analyst 2020 and 2021 provided unique challenges for smaller, independent pharmacies. If COVID-19 has taught us anything, it’s that a proactive approach vs. a reactive approach can have a positive impact on business. Now, no one can predict the future, and sometimes, like in the case of unforeseen circumstances, a reactive … Read More
As mentioned in One Guest’s Recap, part 1, many memories were shared and relationships established or strengthened during last September’s HRG Anniversary Celebration and Growth Summit. One guest, Jeff Guillebeau of International Paper, summarized his experience, writing, “Top 41 Reasons HRG’s Anniversary Growth Conference Was Awesome!” With his permission, we are sharing part 2 here. … Read More
Many memories were shared, and relationships established or strengthened during September’s HRG Anniversary Celebration and Growth Summit. One guest, Jeff Guillebeau of International Paper, summarized his experience, writing, “Top 41 Reasons HRG’s Anniversary Growth Conference Was Awesome!” With his permission, we are sharing it here. 41. I’m in love with the people of Wisconsin, especially … Read More
Be prepared to consult on eye care options by Cat Renwick, merchandising analyst, part of Monthly Retailer Category Tips Learn more about the different eye care ailments and which products may provide relief. According to HRG’s Tri-PAC™ data (52 weeks ending 9/30/21), eye preparations represents 88% of eye & ear care performance in independent pharmacy. Within eye … Read More
by Dave Wendland, vice president strategic relations One of the highlights of HRG’s recent Growth Summit was a keynote address delivered by Jerry Jendusa, founder of Stuck, LLC. Jerry is one of the area’s most prominent entrepreneurs and business advisors, and he shared seven principles for business growth. Hope Remain focused and persistent as you … Read More
by Dave Wendland, vice president strategic relations It’s often said that more than half of new businesses fail during their first year. According to the U.S. Bureau of Labor Statistics, this isn’t necessarily true. Data from the Bureau shows that approximately 20% of new businesses fail during the first two years of being open, 45% … Read More
by Kyle Lentz, category analyst, part of Monthly Retailer Category Tips Learn about the latest in the diabetes management category and apply these tips in your store. Blood glucose testing is up 17% at independent pharmacies over the past 52 weeks*. When a patient with diabetes fills a prescription, it’s an opportunity for you as a health … Read More
by Tara Kaifesh, category analyst, part of Monthly Retailer Category Tips Take time to review your digestive health department and make the recommended updates listed below. Digestive health issues and stress levels have risen due in part to financial instability and uncertainty about the future. Heartburn, nausea, and indigestion are common digestive symptoms of increased stress levels; … Read More
from the desk of Colleen Volheim, category research and analysis manager When was the last time you reviewed your product or product line and where it is in its lifecycle? It’s likely part of your annual planning, including a look at your market segment and share overall, as well as competitors’ positions, trends, consumer behavior, and … Read More
…and how do I treat my maskne? by Fran Lewis, business development and marketing strategist In May, when the national mask and social distancing rules for those vaccinated were lifted, I was surprised at how quickly residential areas and businesses were to adapt. By the next day, post-mandate lift, my apartment complex in Milwaukee, WI … Read More