The pharmaceutical industry is back. Fueled by the launch of expensive, new biotech medicines, rising prices for both branded and generic drugs and a recent slowdown in branded-drug patent expirations and generic competition, the U.S. pharmaceutical market is staging a remarkable resurgence.
We didn’t go crazy making a lot of predictions for 2015. That’s because 2015 is the year so many of our past predictions will come true, as the forces of healthcare consumerism and mobile technology collide to forever change the way health care is purchased, consumed and delivered. Call it the Big Bang of retail health.
Beauty is a big business with diverse outlets for consumption. To help suppliers and retailers better understand who is buying, what they are buying and where they are buying, Drug Store News this month hosted an exclusive webinar from consumer analytics company TABS Group, “2014 Insights into the Beauty Consumer.”
The holiday season is the battery category’s best friend. A shift in the consumer electronics industry to built-in rechargeable batteries and the growth of do-it-all smartphones that replace many battery-operated devices has left the category in a slump.
The 1990s are long over, and so is the thin eyebrow trend that came with it. “It’s a big brow boom right now. It is really a good time to be in the brow business,” Joey Healy, a prominent eyebrow stylist who is a favorite among celebrities and companies, told Drug Store News.
Understanding the importance of consumer education to drive sales of at-home beauty devices, earlier this year market leader Clarisonic opened its first brand installation within Macy’s Union Square location in San Francisco.
There’s a shift happening within the ethnic beauty market — specifically in the hair care segment — as competition in the category becomes more intense and as multicultural beauty marketers increasingly recognize the importance of breaking the borders between general and multicultural beauty.