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Pharmacy U news

  • Flu shots and adult immunizations and COVID vaccines...oh my!

    With the second flu season of the pandemic upon us, pharmacies are gearing up for another challenging winter. Although last year had an abnormally low number of influenza detections across Canada (69 cases, compared to the annual average of ~50,000), experts predict a more significant flu season this year.
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  • Game on! Get ready to compete in the infinite game of pharmacy

    Ah, games. Games can be fun, but they can also be frustrating. They can be frustrating when you do not know the rules.
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  • What keeps customers coming back to your pharmacy?

    The biggest challenge of every retail pharmacy business in today’s hyper-competitive market is finding the right formula to attract customers and keep them. Many businesses believe that the key to success is customer service satisfaction. But just satisfying customers doesn’t cut it anymore.
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  • Planned and unplanned exits: Beware the 4 Ds!

    When your exit plan takes a detour – look out for the 4 Ds. The long-term goal of most pharmacist-owners is retirement. It is the significant component of an exit strategy and the most common reason for selling their pharmacy. But, in the real world, events do not always follow our best-laid plans.
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  • Amazon Pharmacy is coming. Will you be ready?

    What do you feel when you hear Amazon Pharmacy is coming to Canada? Fear? Frustration? Annoyance? Perhaps you feel excited because you are curious to try the service?
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  • Get ready to stretch like a rubberband

    This is the magic of the rubber band. It only works when it is stretched! Its real value is realized when it is stretched. And you know what? The same is true for you and me. We provide more value and we become more valuable when we are stretched, just like a rubber band!
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  • TFSAs – Important technical info

    What's the difference between a survivor holder (also known as successor holder) and beneficiary? Canadian pharmacy owners and pharmacists in general should be aware of an important wrinkle associated with Tax-Free Savings Account administration.
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  • How to help your patients with dementia and their carers

    Early detection is the key to effective management of dementia. For starters, if testing is done early enough, patients might learn that their memory loss results from vitamin B12 deficiency or other conditions that can be fully or partially reversed.
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