In 2017, how people shop, why people shop and what they’re shopping for will all be shaped by two overarching themes — access to digitized health information and wearables, as well as other Bluetooth-enabled, diagnostic-style self-care offerings.
There are definitely several themes playing out across Drug Store News’ top 10 list of breakthrough brands, defined by those brands that have contributed the most impactful growth over an annualized period, in this case for the 52 weeks ended Oct. 2 across total U.S. multi-outlets, according to IRI.
Univision Communications Inc., in partnership with Nielsen, in October took a deep dive into how Hispanics buy and shop the self-care aisles. They are an important demographic for OTC purveyors — they have larger households than average; they’re more brand loyal; and they’re not only younger than the average American, but also have a longer life expectancy.
Sales of OTC medicines continued on a strong growth trajectory of more than 3%, growing by approximately $1.4 billion in dollar volume to $45.6 billion for the 52 weeks ended Oct. 2, according to IRI data. And that’s primarily organic growth from existing brands.
In August, Drug Store News and Mack Elevation hosted a special one-day thought leadership summit in Boston, prior to the start of NACDS Total Store Expo. The DSN-Mack Elevation 10× Growth Summit brought together seven leaders, representing a range of experiences, who shared their insights on the leading characteristics and skill sets embraced by 10× growth companies.
President Donald Trump — nobody saw that coming. Except maybe one man Drug Store News interviewed for our January 2011 cover story: Stewart “Stewie Rah-Rah” Rahr, the freewheeling billionaire-philanthropist and former owner/founder of Kinray,
Shea Moisture is unleashing the second phase of its call-to-action program, #BreakTheWalls. This time, the Sundial Brands-owned skin and hair line is challenging the concept of a one-size-fits all representation of beauty.
There aren’t many good-news stories when it comes to loss prevention. But Walmart and its partner Corrective Education are trying to change that with the introduction of the Walmart Restorative Justice Initiative.
Drug Store News recently spoke with Walgreens Specialty Pharmacy group VP Gerry Gleeson about the company’s approach to specialty and the importance of a focus on patient care and pharmacist education in that space.