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Take me to PSFK iQThis shopper education & assistance guide is a wellness in retail strategy report to help retailers understand the business and consumer opportunities by providing health and wellbeing services to their shoppers and guests.
Optimal wellbeing and physical health are guiding forces in consumers’ lives today, informing their preferred brands and products and ultimately driving purchase decisions and loyalty. As grocery, pharmacy, and big box retailers look to both win back and grow their customer bases, the boom in the health care and wellness markets provides new opportunities for retailers to expand in innovative and impactful ways.
In this wellness retail strategy report, PSFK iQ researchers have identified five store experience & design strategies for retailers to consider as they optimize or build out new approaches to products, services, and tools in the health and wellness market space. Best-in-class examples showcase illustrative models through which pharmacy, grocery, and big-box industry leaders can engage consumer sets in differentiated ways to help them live longer and healthier lives; as well as provide a roadmap for building more equitable access into our healthcare system, ultimately creating a healthier tomorrow.
In this wellness retail strategy report, PSFK iQ researchers have identified five strategies for retailers to consider as they optimize or build out new approaches to products, services, and tools in the health and wellness market space. Best-in-class examples showcase illustrative models through which pharmacy, grocery, and big-box industry leaders can engage consumer sets in differentiated ways to help them live longer and healthier lives; as well as provide a roadmap for building more equitable access into our healthcare system, ultimately creating a healthier tomorrow.
This wellness retail strategy report includes:
This product manufacturing innovation report was developed by the same PSFK research department that since 2004 has provided trends-led innovation consulting advice to Apple, BMW, Facebook/Meta, Google, Microsoft, Samsung and Volkswagen.
Pharmacies, grocers, and big-box retailers fill an important role for people with limited access to quality healthcare, especially in rural and underserved communities. Companies are addressing health inequities straight on, creating greater access to a depth and breadth of healthcare options, ranging from primary care, basic screenings, and urgent care to fresh food, jobs, educational programs, health and wellness initiatives, and mental health support. Companies that work to integrate themselves directly into communities,...
Health and Wellness HubsOne-stop retail healthcare (or “medtail”) is the new model for pharmacies and big-box retailers seeking to rebuild ground lost to online pharmacies and retailers but also to expand telehealth services launched during the pandemic. These retailers are taking an omnichannel approach to healthcare, expanding into primary and urgent care, holistic health and wellness products and services, and even mental health and wellness. These health superstores or hubs are a direct effort to establish...
Personalized CareAlongside innovations in customized, localized healthcare services and products like telehealth, the ensuing inflationary pressures, privacy woes, and the impetus to “return-to-normal” have caused consumer confusion when it comes to the right way to take care of your family’s health and to not break the bank in the process. Pharmacies, grocers, and big box retailers are meeting the demand–and educating consumers in the process. These retailers are developing innovative personalized health and nutrition...
In response to a heightened consumer focus on their personal health, retailer Albertsons Companies is expanding affordable, convenient access to wellness products and fresh food for millions of shoppers.
Walmart Offers Snapchat AR Lens to Encourage Healthy Food ChoicesSnap Scan Shop is launched in partnership with Meredith’s Allrecipes,Snap andWalmart and offers a shoppable solution for home chefs looking for the perfect, and perfectly responsible, meal.
Walgreens Rolls Out Retail Health OfferingSince acquiring VillageMD in 2021, Walgreens Boots Alliance has been expanding the footprint of the doctor-staffed clinics at a breakneck pace, opening a new location nearly every three days.