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Learn moreMar 2020
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E-commerce has transformed the way consumers research, compare and purchase products, in addition to offering shorter delivery times, forever changing the way consumers access goods and services across all industries. Although homeshopping recorded stable current value growth over the review period, its ageing demographic is now shifting away from spontaneous personal and home purchases to recurrent prescription drugs.
Services such as Alliance Rx Walgreens Prime and CVS ProCare Mail Service have benefitted from an ageing baby boomer generation. With imminent competition coming from online delivery services, drugstore giants have managed to secure top-of-mind positioning among consumers, by offering convenient options to refill prescriptions for up to 90 days, so long as the option is included in their medical insurance plan.
There are increasing concerns about the impact of extreme weather on mail-ordered prescriptions. There are a large number of medications that need to be stored in a specific temperature range, with extremely hot or cold weather conditions possibly having a detrimental impact on a medication’s effectiveness.
Qurate Retail has started operations at a new fulfilment centre for QVC and HSN products in Bethlehem, Pennsylvania. It will serve as a joint fulfilment platform for the two players, eventually expected to handle around 25% of combined volume for the two brands once it is operating at full capacity.
Pharmacy services providers Express Scripts and Prime Therapeutics have entered into a three-year collaboration that will look to deliver more affordable care for clients and their members by enhancing pharmacy network and pharmaceutical manufacturer value. Prime Therapeutics provides total drug management solutions for more than 28 million people covered by 23 health plans, plus employers’ and government programmes including Medicare and Medicaid.
Following its acquisition by Amazon, PillPack is said to be encountering some problems when trying to transfer prescriptions from other pharmacies. For example, CVS and Walgreen are claimed to be rejecting prescription transfer requests.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Homeshopping industry in USA with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Homeshopping industry in USA, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Retailing market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.