|| Print ||
|Articles - August 2011|
|Wednesday, July 20, 2011|
Page 2 of 6
“It takes a lot more effort to stay in business today,” says Gary Balo, the proprietor of Paulsen’s Pharmacy in Portland, a store that has been in operation since 1918. “There’s more paperwork and the big insurance companies make the rules.” But other market conditions, such as an aging population, are more promising. Competing as an independent, Balo says, requires carving out a niche and banding together with fellow owners to boost purchasing power and political clout. In an era of health care reform, it also means convincing consumers and legislators that neighborhood drugstores are not relics of the past, but instead play a role in containing costs and improving patient outcomes. “We provide a service that cannot be matched,” says Balo.
Fein, who writes a well-known industry blog, DrugChannels, puts it more bluntly. “I have a tough-love message for independents,” he says. “Get big, get focused or get out.” The independent pharmacy industry represents a $94 million marketplace and employs about 62,000 pharmacists, according to the National Community Pharmacists Association (NCPA), Although there are no official figures on the value of the Oregon market, there are about 624 retail pharmacies in Oregon, including independents, chains such as Rite-Aid and mass merchants such as Walmart.
To understand why so many independent pharmacists in Oregon chose to “get out” last year, start with the fact that many of the owners were in their 60s or 70s. “It was a huge slide,” acknowledges Diana Courtney, owner of Lake Shore Pharmacy in Lake Oswego and a member of the board of directors for the Oregon State Pharmacy Association. But according to Courtney, many of the pharmacies didn’t close for lack of business; they closed because the owners were retiring and there was no one to take over. David Swenson, the former owner of Bandon Pharmacy in Bandon, one of the 64 that closed over the past two years, is a case in point. Swenson, 73, spent the last eight years trying to sell his store — to no avail, although he did manage to sell his inventory to another Bandon pharmacy, Tiffany’s. “There’s a glut of us on the market,” he says.
Why? Certainly, the economy played a role. So did the workplace benefits, or the lack thereof, according to Swenson. “If you work for a chain, you get time off and paid vacations,” he says. “With independents, you don’t get that.”
Wednesday, January 14, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN
A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.
Thursday, February 05, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask chiefs of staff for the scoop on Oregon legislators.
Friday, February 27, 2015
VIDEO: 2015 100 Best Companies to work for in Oregon
Monday, February 23, 2015
BY JESSICA RIDGWAY | OB CONTRIBUTOR
Live, Work, Play: Catching up with Chris Johnson.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
Monday, January 26, 2015
BY JACOB PALMER
Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.
Real Time - Oregon Business
Tweets by @OregonBusiness
|The 100 Best Companies to Work For in Oregon|
|Help Wanted: Poached Jobs aids restaurateurs |
|How Oregon will survive the loss of Hanjin|
|On the Brink|
|Thy neighbor's house|
|How a Utah-based essential oils company cornered the Oregon market|
|Green Rush: Cashing in on legal marijuana|
|With AmEx out, Costco turns to Visa, Citi|
|California gas prices spike|
|SeaWorld aims to alter marketing strategy|
|Herbalife stock falls after forecast cut|
|Target reports $2.6B loss in 4Q after closing Canadian holdings|
|Jury: Apple must pay $529.9M to settle patent case|
|Study finds many retire earlier than they expected|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Local businesses interested in offering retail items, food and beverage, or passenger services at Portland International Airport are invited to attend one of two meetings on March 17.
The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.
The Oregon Chapter of the Society for Marketing Professional Services, will be hosting it’s Annual Dinner and Keynote event on March 12, 2015. The evening promises to be memorable, with this years Keynote, Christine McKinley.