Procter & Gamble is holding talks with Trian Fund Management, which has a $3.5 billion stake in the company, about the future of its brands, the P&G CEO David Taylor confirmed to CNBC. Taylor called the talks “constructive” and noted, "We are willing to engage. We want to be better.” Trian has been increasing its stake in P&G and the company looks to cut costs by some $10 billion, the report said. (CNBC)
Though CVS Pharmacy saw the launch of 39 locations within Target stores in Colorado in 2016, the new Parker, Colo. location is the first retail location for the chain, and the first of three planned openings in the Denver area this year.
Edgewell Personal Care is taking the fight to its competitors with its latest initiative for its Schick shaving brand. Fox Business reported Wednesday that Edgewell had launched SchickHydro.com, offering a subscription service for refills of its blades that fit Schick razors. (Fox Business)
Drug Store News spoke to Chandra Coleman, Coty VP U.S. Marketing for Sally Hansen, about the new Rimmel London Edge Your Look campaign and what it says about Coty’s larger efforts to expand its marketing reach to social consumers.
Hamacher Resource Group’s New Item Review team, in its ongoing evaluation of new products, evaluated a whopping 2,685 health, beauty and wellness items in 2016. The top 40 are listed in this special report.
Sales of artificial eyelashes packaged with adhesives rose 31% to $157 million, according to IRI data for multi-outlet retailers for the 52-week period ended March 19. Eyelash adhesives kicked in another $30 million and showed growth of 24%.