Is intelligence becoming artificial?
by Dave Wendland, vice president strategic relations, as seen in America’s Pharmacist Dispensing medications is no longer enough to sustain a profitable independent pharmacy. As prescription and dispensing costs have increased and reimbursement rates have declined, introducing expanded patient care services is necessary for retail pharmacies to not only fill a market void, but also improve […]
Single Source of Truth: Utilizing AI for data capture efficiencies
This blog series about a single source of truth for product content is based on the webinar, Let’s Get Digital, presented for the CHPA Academy in March 2024. by Lisa Lopez, HRG data assets manager Data is captured many different ways and artificial intelligence (AI) is getting a lot of buzz. AI is an amazingly impressive […]
Retailers must keep pace with technological change
by Dave Wendland, vice president strategic relations, for Chain Drug Review Consumer behavior in the foreseeable future will likely continue to be shaped by economic uncertainty and access to new technological advances. Meanwhile, retailers will be met with a variety of competitive forces, ever-changing shopper preferences, retail media network evolvement, omnichannel demands, and the risks and […]
Single Source of Truth: Data governance
This blog series about a single source of truth for product content is based on the webinar, Let’s Get Digital, presented for the CHPA Academy in March 2024. by Lisa Lopez, HRG data assets manager How data is formatted, consumed, stored, and dispersed both internally and externally matters! Having a single source of truth includes the […]
Single Source of Truth: Barcodes — not so simple and straightforward
This blog series about a single source of truth for product content is based on the webinar, Let’s Get Digital, presented for the CHPA Academy in March 2024. by Lisa Lopez, HRG data assets manager A single source of truth for product content is the optimal state — the most accurate, up-to-date, and approved descriptions […]
Beauty benefits: Focus on ingredients
by Megan Moyer, corporate marketing manager, as appeared in Inside Beauty for Drug Store News Every year, HRG conducts a review of the new health, beauty, and wellness products released to identify trends and shifts in the market. There were 632 beauty and 302 wellness items that were launched in 2023 and the first three months of […]
HRG Reviews 1,634 New HBW Items in 2023
Waukesha, Wisconsin – February 27, 2024– HRG’s new item review team, in its ongoing evaluation of products suitable for the independent pharmacy channel, examined 1,634 new health, beauty, and wellness (HBW) items in 2023. This is a decrease of 12.8% from the 1,875 products reviewed in 2022. Of the newly introduced items in 2023, 18, […]
HRG Presents Webinar for CHPA Academy March 6th
Waukesha, Wisconsin — February 7, 2024 — HRG’s digital assets manager, Lisa Lopez, and vice president of strategic relations, Dave Wendland, will be presenting a webinar, Let’s Get Digital, for the CHPA Academy on March 6th at 2pm EST. Webinar attendees will learn the importance of managing their data assets and the large influence it […]
HRG Updates and Rebrands its Benchmark Performance Analysis Service
Waukesha, Wisconsin — December 21, 2023 — HRG has updated and rebranded its Benchmark™ Performance Analysis program for independent pharmacies. After a thorough review that included gathering feedback from retailers and wholesalers, HRG defined enhancements to improve usability. Benchmark provides a store-specific assessment of which categories are performing well or under-achieving compared to national averages […]
Analysis Angles
by Lisa Lopez, digital assets manager, for Chain Drug Review While businesses don’t often use the term “big data” anymore, the concept has not disappeared. The analysis of large amounts of data to mine a variety of insights and actions still provides the strongest guideposts when building a strategic direction. Many companies still struggle with […]