Ask most Canadian pharmacy owners where their profit comes from, and they will likely point to the dispensary. Ask their accountant, and you may get a different answer. Prescription dispensing will always be the foundation of community pharmacy. However, it also operates within a highly regulated reimbursement environment. According to IBISWorld’s Pharmacies & Drug Stores…
Read article
The Pharmasave Conference & Trade Show 2026 transformed the Metro Toronto Convention Centre into a hub for pharmacy innovation, technology, and industry connection. The event brought together Pharmasave members, vendor partners, and pharmacy professionals from across Canada for several days of networking, collaboration, and conversations focused on the future of community pharmacy. A Pharmasave Convergence…
Read article
The retail industry is currently navigating a momentous transition as the long-awaited AI (8112) Universal Digital Coupons (UDCs) shift from experimental pilot programs into full-scale market saturation. For decades, the coupon landscape was defined by the legacy paper coupons or the AI (8110) barcode, a data format that is riddled with inefficiencies and a staggering…
Read article
Running a small health centre pharmacy involves balancing patient care, dispensing medications, managing retail products, and handling daily operations. Many pharmacy teams work with limited staff, tight schedules, and manual workflows. While this can work for a limited time, upgrading to a modern pharmacy Point of Sale (POS) system can significantly improve efficiency, accuracy, and…
Read article
Canada’s pharmacy market is on the rise, fueled by an aging population and growing demand for prescription medications. In fact, the sector is projected to grow at an impressive 4.86% annually through 2029. At the heart of this growth are independent and community pharmacies that have spent years serving patients, building trust, and providing essential…
Read article
With ever increasing shifts to the pharmacy industry, it can be difficult to keep track of trends that provide opportunities for accelerated growth. Here, we explore one emerging industry, pharmacy rentals, and how to effectively meet the rising demand for medical equipment rentals. The Pharmacy Rentals Market The google search term “medical equipment rental near…
Read article
In the bustling world of retail pharmacy, where big corporations often dominate the landscape, independent pharmacies stand as pillars of community health and personalized care. Their significance goes beyond just dispensing medications; they are integral parts of neighborhoods, offering tailored services and fostering trust among their patients. As one of the largest independent pharmacy groups…
Read article
In the ever-evolving landscape of retail, eCommerce has emerged as a game-changer, reshaping industries, and forever changing the way consumers shop. One sector that is undergoing a significant transformation is pharmacy retail, where traditional brick-and-mortar stores are embracing digital platforms to meet the changing needs and preferences of customers. eCommerce is empowering both businesses and…
Read article
In today’s competitive retail landscape, pharmacies play a critical role in providing essential healthcare services to communities. Beyond dispensing medications, successful pharmacies have evolved to become retail destinations that offer a range of health and wellness products and services. To thrive in this dynamic environment, it’s essential for pharmacies to implement effective retail strategies. Here…
Read article
Data breaches and compromised personal information are serious hazards of the modern age. According to the 2022 Data Breach Report from the Identity Theft Resource Center, there were 1,802 compromising events that year, affecting more than 422 million people (up from 294 million affected in 2021). All retailers know the importance of protecting customers’ credit-card…
Read article