Rite Aid is Sharing Its Vision for the Pharmacy of the Future
Laura McQuarrie — November 10, 2020 — Business
References: riteaid & businesswire
Rite Aid recently revealed its rebranding as part of its RxEvolution strategy, which introduces its vision for the pharmacy of the future and its mission to "transform the company into the leading whole health destination that treats mind, body and spirit." Consumers will now be able to find even more products that are organic, non-GMO, cruelty-free, clean and free from harmful chemicals, plus merchandise that focuses on alternative solutions for supporting sleep, stress, immunity and more.
The refreshed brand identity for Rite Aid includes a new logo, which expresses its commitment to traditional medicine and alternative remedies. As a destination, Rite Aid aims to cater to not just Millennial and Gen X women who are passionate about taking care of themselves but also their children, aging parents and pets.
Image Credit: Rite Aid
The refreshed brand identity for Rite Aid includes a new logo, which expresses its commitment to traditional medicine and alternative remedies. As a destination, Rite Aid aims to cater to not just Millennial and Gen X women who are passionate about taking care of themselves but also their children, aging parents and pets.
Image Credit: Rite Aid
Trend Themes
1. Whole-health Pharmacies - The trend towards whole-health pharmacies presents an opportunity to explore innovative solutions for combining traditional medicine and alternative remedies.
2. Organic and Alternative Health Products - The rising demand for organic, non-GMO, cruelty-free, clean, and chemical-free health products creates an opportunity for businesses to offer innovative and diverse options.
3. Holistic Health and Wellness - The trend towards holistic health and wellness presents an opportunity to integrate traditional medicine and alternative remedies to provide comprehensive wellness solutions to consumers.
Industry Implications
1. Pharmacy - The pharmacy industry can explore innovative ways to provide comprehensive wellness solutions to customers by incorporating traditional medicine and alternative remedies.
2. Retail - The retail industry has an opportunity to capitalize on the trend towards whole-health pharmacies by offering a diverse range of organic and alternative health products.
3. Health and Wellness - The health and wellness industry can integrate traditional medicine and alternative remedies to provide comprehensive wellness solutions to customers, with the trend towards holistic health and wellness.
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