Walgreens reports increase in July sales
DEERFIELD, Ill. — Walgreens posted an 8% boost in July sales as comp-store sales also enjoyed an increase for the month.
July sales totaled $6.03 billion, an increase of 8% from $5.59 billion for the same month in fiscal 2012. Sales in comparable stores increased by 6.3% in July. Calendar day shifts positively impacted total comparable sales by 1.4 percentage points, while generic drug introductions in the last 12 months negatively impacted total comparable sales by 1.8 percentage points.
Total front-end sales increased 3.6% compared with the same month in fiscal 2012, while comparable store front-end sales increased 2.3%. Customer traffic in comparable stores decreased 1.2% while basket size increased 3.5%.
Prescriptions filled at comparable stores increased by 9.5% in July and increased 7.3% on a calendar day-shift adjusted basis. This year’s July had one additional Wednesday and one fewer Sunday compared with July 2012. These calendar shifts positively impacted prescriptions filled at comparable stores by 2.2 percentage points. The company noted that the percentage of Express Scripts prescriptions returning to its pharmacies continued to increase in July.
July pharmacy sales increased by 9.9%, while comparable store pharmacy sales increased 8.8% and increased by a calendar day-shift adjusted 6.6%. Calendar day shifts positively impacted pharmacy sales in comparable stores by 2.2 percentage points. Calendar day-shift adjusted comparable store pharmacy sales were negatively impacted by 2.8 percentage points due to generic drug introductions in the last 12 months. Pharmacy sales accounted for 64.6% of total sales for the month.
The pharmacy retailer also stated that registrations for Walgreens Balance Rewards loyalty program, which launched in September 2012, totaled 79 million through July.
Calendar 2013 sales to date were $42.02 billion, an increase of 3.4% from $40.64 billion in 2012.
Fiscal 2013 year-to-date sales for the first 11 months were $66.05 billion, up 0.4% from $65.79 billion in the comparable period in fiscal 2012.
Pure Protein launches Soft Baked Bars nationwide
RONKONKOMA, N.Y. — Pure Protein, manufacturers of protein products, introduced Wednesday a new protein bar the company hailed as unlike any other protein bar, with the introduction of Soft Baked Bars. Each new bar delivers protein necessary for a lean, healthy and strong body, with 5 g of sugar, the company added.
Pure Protein introduced two flavors into the Soft Baked line: Double Chocolate Vanilla Crunch, which has layers of chocolate and vanilla, wrapped around a soft cake center, and Double Chocolate Peanut Butter Crunch, with layers of peanut butter and chocolate around a soft cake center.
Soft Baked Bars are the latest addition to the Pure Protein product line. Pure Protein is on a mission to deliver high-quality protein products that support lean muscle and strength, promote overall good health and help fuel the body as exercise regimens and today’s active lifestyles demand, the company stated. As with all Pure Protein products, spanning a wide variety of bars, shakes and powders, new Soft Baked Protein Bars take a lifestyle approach to optimal nutrition.
Pure Protein Soft Baked Protein Bars are available nationwide now at leading retailers including Walmart, Target, Publix, Safeway, Meijer, Giant, Stop & Shop, Shop Rite, Wegmans, Harris Teeter, Roundy’s, A&P, Market Basket, CVS Pharmacy, Duane Reade, 7-Eleven, GNC and Harmon.
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NPD Group: Skin care, makeup drove growth in U.S. prestige beauty during first half of 2013
PORT WASHINGTON, N.Y. — The global prestige beauty market experienced mixed results in the first half of 2013 but the U.S. prestige beauty market posted an 8% gain during the first six months of the year, according to the NPD Group.
The U.S. prestige beauty industry generated $5 billion in the first six months of the year, an increase of 8%, the NPD Group stated. In Europe, the United Kingdom gained 6%, generating £803 million in prestige beauty sales, while France, Italy, and Spain continued to face challenges in this industry.
“Our expectation for 2013 was that the global prestige beauty industry would look similar to 2012, and the results thus far are proving this to be true, as economic uncertainties continue to weigh heavily on the European markets,” stated Karen Grant, VP and senior global industry analyst for the NPD Group.
Skin care and makeup were the primary drivers behind U.S. growth in the first half of 2013, with $1.8 billion, and $2 billion in sales, respectively. Fragrance performance was positive as well (+4%), at $1.1 billion, but at a slower pace than seen in the first six months of 2012 (+8%). In all three categories, premium-priced products contributed to increases in sales so far this year.
Despite declines in many countries, fragrance continues to account for the largest share of prestige beauty sales in Europe (U.K: 43%, France: 62%, Italy: 40%, Spain: 51%). However, makeup was the star performer, with strong gains in the United Kingdom, and a slight uptick in Spain. In terms of market share, Italy is the most level playing field, with each category representing close to a third of sales in the first half of the year.
“The similarities in retail distribution, brand assortment and product mix in the United States and United Kingdom continue to help both markets capitalize on positive trends. Though the results for these countries, compared to those in the Euro zone, look like ‘the tale of two markets’, there is one common thread: investment spending continues. The markets in the Euro zone face greater challenges, but, with the exception of Spain, most markets are continuing to show increases in average selling price across all categories. This tells us that while consumers may be cutting back in spending, they are continuing to invest in value, even when that may be at higher prices,” Grant stated.