NCPA, McKesson to host three-day pharmacy ownership seminar
ALEXANDRIA, Va. — The National Community Pharmacists Association on Thursday announced it will host its NCPA Ownership Workshop from May 17 to 19 at the Seattle Airport Marriott. The Ownership Workshop, sponsored by McKesson and in part by Pharmacists Mutual and Live Oak Bank, gives prospective and current pharmacy owners an in-depth look at the industry and the financial, management and marketing skills needed to operate a successful pharmacy business. The three-day session also offers pharmacists 20 hours of continuing education credits.
“Getting started in pharmacy ownership can be a daunting and sometimes discouraging venture when one does not have a familiarity with the process,” stated NCPA president Donnie Calhoun. “That’s why NCPA has designed this comprehensive workshop to be the best resource for any potential community pharmacy owners, including practicing pharmacists and pharmacy students, to hear directly from the experts about every facet of ownership — from finding the funding to purchase a pharmacy to how to successfully market your business once you open.”
Launched in 1991, Ownership Workshop is part of the multi-faceted, comprehensive NCPA Ownership Academy, which helps pharmacists navigate every step of the entrepreneurial process from buying to selling a pharmacy, as part of the association’s focus on increasing the number of independent community pharmacy owners throughout the country. More than 50% of previous Ownership Workshop participants now own their own pharmacy.
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Eleven Logli, Hilander stores to be unified under Schnucks brand
ROCKFORD, Ill. — Schnucks is renaming all of the 11 Logli and Hilander stores it operates in Rockford, Ill., and Janesville, Wis., the supermarket company said.
The St. Louis-based company said it would rebrand the stores as Schnucks, starting with two stores on Monday. The process of converting all 11 stores is estimated to take about two weeks. Schnucks acquired three of the Logli stores in Rockford in 1998 and continued using the Logli name for the other three, including one that was under construction at the time, one that was relocated two years later and a new one built in Janesville in 2002. The Hilander stores were purchased from The Kroger Co. in September 2011. All of the other stores in the 100-store chain operate under the Schnucks name.
"It has always been our belief that no matter what name is on the outside, inside all of our stores operate with the same focus on customers and emphasis on quality, value and service," Schnucks chairman and CEO Scott Schnuck said. "However, unifying our stores under one banner, our family name, is an acknowledgement to our teammates and customers of our commitment to the Rockford and Janesville communities."
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U.S. beauty device market gears up
Beauty mavens are loving their beauty devices. As untapped potential exists in Asian and European beauty devices markets, the United States has retained its global market share lead with strong double-digit growth in 2012, according to recent research.
Consulting and research firm Kline Group stated earlier this year that the U.S. beauty device market grew nearly 20% in 2012, driven by both new product launches from existing marketers and new players.
"Convenience and a certain economic rationalism are motivating consumers to bring home the beauty experience traditionally provided by aestheticians or physicians," stated Karen Doskow, Kline’s Consumer Products practice industry manager. "It’s a large and growing phenomenon, with at-home beauty devices offering multiple benefits [being] a notable driving force." Presently, there are few truly multifunctional devices on the market, but as is already the case in Asian markets, these will become the norm rather than the exception."
Kline noted that market growth is being fueled by new product launches from such companies as Tria Beauty, Nu Face and BelleCore, in addition to new players like University Medical, with its anti-aging WrinkleMD Eye entering the fray. And Clarisonic continues to deliver high sales growth under its new parent company L’Oréal.
Tria Beauty, a maker of light-based skin care products, recently announced that Ulta is featuring its Tria Hair Removal Laser 4X, the Tria Skin Perfecting Blue Light for acne and a line of topical skin care products on Ulta.com. The Tria Laser 4X and SmoothStart Calming Gel launched in 25 Ulta doors in mid-April.
In March, Tria Beauty announced a similar retail partnership with Sephora.