By  on May 5, 2019

Change was in the air at the National Association of Chain Drug Stores’ annual meeting, held April 27 to April 30 at The Breakers in Palm Beach, Fla.

Historically, the pharmacy accounts for about 70 percent of most drug chains’ revenue. But escalating fees for prescription drugs — NACDS reports that DIR [direct and indirect remuneration] fees have increased 47,000 percent from 2010 to 2017 — has cut into the profit margins of many retailers and put pressure on the front end of the store to be more productive, particularly on beauty, which constitutes the most profitable section of most mass retailers.

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