After a strong first quarter, consumers in May took a more practical approach to their spending. According to a National Retail Federation release on Wednesday, May retail sales (excluding automobile, gas stations and restaurants) decreased 0.3% seasonally adjusted from April but increased 4.8% unadjusted year over year, marking 23 consecutive months of retail sales growth.
The joint venture between Procter & Gamble's Duracell brand and Powermat Technologies is bringing its Duracell Powermat products to major retail outlets in the New York market, along with select online retailers and DuracellPowermat.com.
It’s an underappreciated fact that advertising drives store sales. Many marketers don’t appreciate just how critical it is. Here’s a secret: The “closer” to the store the advertising is, the more likely it is that retailers will see a direct correlation between advertising and sales.
With overwhelming support in both the U.S. House and Senate and the strong backing of President Obama, a reauthorization of the landmark Prescription Drug User Fee Act that funds new drug application reviews at the Food and Drug Administration is a near certainty, probably within days or weeks at most. But one amendment to the Senate's version of PDUFA reauthorization, contained in the Food and Drug Administration Safety Innovation Act, could threaten both retail pharmacies and the patients they serve.
Quietly but noticeably, two trends have been occurring over the past few years: A move toward "locavorism" and a demand for fresh produce. The fresh produce trend is evident from a Produce Marketing Association consumer survey from 2010 that showed an increased interest in buying fresh fruits and vegetables and shopping at farmer's markets, while such retailers as Bartell Drugs, Meijer and Duane Reade are devoting significant shelf space to locally sourced products.
A worldwide provider of managed videoconferencing, telepresence and visual collaboration services has partnered with Telemed Ventures to deliver a managed visual collaboration solution to Walmart's retail medical clinics.
The Retail Employees with Disabilities Initiative certainly is a noble cause, but more than that, this is a prime example of Walgreens' active pursuit of an experience with its audience through the mediums that that audience chooses — in this case, Twitter. It represents a new paradigm in marketing as drug retailers and others swap a consumer reach and brand identity proposition for one of engagement and presence.