What can retailers do to create a better proposition for the New General Market? Where are the opportunities? How can retailers and brands work together to cultivate New General Market consumers and foster their success? These were the key questions executives at the third annual New General Market Summit faced in a series of vendor panel discussions.
The combined one- and two-letter vitamins and vitamin, herbal and mineral supplement categories saw an all outlet (total U.S.) growth of 3% for the last 12 months versus the year-ago period, yet the food channel delivered gains of 4% while the drug channel lagged at 2%.
The growth trends in sales of vitamins and supplements in specialty channels, ranging from natural grocers to gourmet wellness stores, are great harbingers of what might soon be best-selling categories within mass outlets.
In addition to the timeline and visual logbook, new features include a fingerprint login, an events newsfeed featuring diabetes-related articles, set reminders and a break out of pre- and post-meal tagged results.
Industry leaders talk soulful brands, doing good and operating with purpose at the third annual New General Market Summit. In this special report, DSN highlights the big ideas and best practices that emerged from the event.
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.