Jim Danahy is CEO of retail consultancy CustomerLAB and a partner in pharmacy specialty firm AdhereRx Inc.
Last week’s agreement by global health care distribution giant McKesson to acquire the 470-store Rexall pharmacy chain has the potential to instigate a healthy “space race” among big chains. This deal could accelerate lifesaving and profitable expansions to the scope and quality of care that pharmacies deliver to Canadian communities. And this race could be as beneficial for independent pharmacies as for the big chains that lead it.