Facing a competitive landscape, Canada’s Jean Coutu Group is ramping up promotional activity and working to build loyalty among younger beauty shoppers with its private-label brand.
Facing a “highly competitive market,” Canadian pharmacy retailer the Jean Coutu Group reported on Tuesday a slight increase in first-quarter revenues and a 0.1% lift in same-store sales.
The Jean Coutu Group is looking to bolster holiday sales and make shopping even easier this holiday season with the launch of an e-store window inside the Longueuil Metro Station.
Canadian retail pharmacy operator the Jean Coutu Group will spend nearly $200 million to relocate its headquarters and distribution center, the company said.
The Jean Coutu Group has sold 56 million of its approximately 234.4 million shares in Rite Aid, the company said Friday.