An ongoing senior leadership transformation at 99 Cents Only stores has put a former Kmart executive in the role of interim CEO, and now the company has named a former Walmart executive as interim CFO for the second time.
Fresh from two major acquisition announcements — Target’s pharmacy business and Omnicare — CVS Health remains "a category of one” and continues to look ahead to its next innovative move, Helena Foulkes, EVP of CVS Health and president of CVS/pharmacy, told investors at the Jefferies 2015 Global Consumer Conference Tuesday morning.
Published reports are noting that beauty brand Coty has reportedly bolstered its portfolio by winning an auction process for three parts of Procter & Gamble’s beauty business for a value that could reach $12 billion.
Walmart, Costco and Rite Aid are three retailers driving significant traction in vitamin, mineral and supplement sales, TABS Group reported in May, helping to take share away from such online retailers as Amazon, which captures 36% of all online vitamin traffic, even as sales overall were up 3% to $11.8 billion.
While online sales of allergy products may still be relatively low, thousands of consumers are making these purchases online — and many millions more are using the Web to learn about products and decide which brands to purchase.