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September 18, 2013

Natural may just be the new normal in the African-American hair care market as sales of relaxers continue to decline, according to new research from Mintel.

CHICAGO — Natural may just be the new normal in the African-American hair care market as sales of relaxers continue to decline, according to new research from Mintel.

According to Mintel, relaxers account for just 21% of African-American hair care sales and the sector has declined 26% since 2008 and 15% since 2011 when sales reached $179 million — the only category not to see growth.

September 12, 2013

With physicians already in short supply and millions of uninsured Americans set to enter the healthcare system in 2014 as the Patient Protection and Affordable Care Act takes effect, nurses and physician assistants are stepping up to fill the gap and are increasingly taking a central role in helping patients stay on therapy, according to Manhattan Research's "Taking the Pulse Nurses 2013" study.

NEW YORK — With physicians already in short supply and millions of uninsured Americans set to enter the healthcare system in 2014 as the Patient Protection and Affordable Care Act takes effect, nurses and physician assistants are stepping up to fill the gap and are increasingly taking a central role in helping patients stay on therapy, according to Manhattan Research's "Taking the Pulse Nurses 2013" study.

August 23, 2013

Dollar Tree generated 3.7% in same-store sales for its second quarter ended Aug. 3, beating analyst estimates, and recorded $1.9 billion in consolidated net sales, an 8.8% increase.

CHESAPEAKE, Va. — Dollar Tree generated 3.7% in same-store sales for its second quarter ended Aug. 3, beating analyst estimates, and recorded $1.9 billion in consolidated net sales, an 8.8% increase. 

Shares of Dollar Tree closed Thursday at $53.13, 88 cents higher than the previous close. 

August 21, 2013

BB creams, the popular beauty product that combines cosmetic and skin care benefits, enjoyed a nearly 50% increase in product launches in 2013 versus 2012, according to new research from Mintel.

CHICAGO — BB creams, the popular beauty product that combines cosmetic and skin care benefits, enjoyed a nearly 50% increase in product launches in 2013 versus 2012, according to new research from Mintel.

August 19, 2013

GMDC highlighted two key business sessions that the association will showcase at its 2013 GMDC General Merchandise Marketing Conference held in Phoenix Sept. 6 to 10.

COLORADO SPRINGS, Colo. — GMDC on Friday highlighted two key business sessions that the association will showcase at its 2013 GMDC General Merchandise Marketing Conference held in Phoenix Sept. 6 to 10.  

August 14, 2013

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.

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.

August 12, 2013

Is your organization prepared to navigate the new healthcare landscape? That was the question posed by health policy experts in a NACDS TSE Insight Session Sunday.

Is your organization prepared to navigate the new healthcare landscape? That was the question posed by health policy experts in a NACDS TSE Insight Session Sunday.

Although employers have been granted a deadline extension on the Patient Protection and Affordable Care Act’s mandate to provide health coverage options for their employees, most provisions of the ACA are scheduled to go into effect next year. With those provisions will come an expansion of Medicaid as tens of millions of Americans become eligible for health coverage through health insurance exchanges.

August 9, 2013

Amazon's grocery service might be making its way to New York next year, according to published reports.

SEATTLE – Amazon's grocery service might be making its way to New York next year, according to published reports.

Citing analysis from SunTrust analyst Robert Peck, EcommerceBytes.com reported that the Seattle-based online retailer may start offering Amazon Fresh in New York in 2014, based on his finding that the company had expanded into a New Jersey warehouse previously used by C&S Wholesale Grocers. 

August 8, 2013

Judging by the continued double-digit sales growth and the new products still flooding the market, the nail color segment continues to shine.

Women still love their nail polish!

Judging by the continued double-digit sales growth and the new products still flooding the market, the nail color segment continues to shine.

August 8, 2013

Craft beer is still the engine driving the beer category. Craft beer dollar sales grew 17%, while volume surged 15% in 2012, according to the Brewers Institute.

Craft beer is still the engine driving the beer category. Craft beer dollar sales grew 17%, while volume surged 15% in 2012, according to the Brewers Institute. Craft beer dollar share has jumped to 10.2% of overall beer category sales. Mintel forecasts that the segment will grow to $18 billion by 2017 — a result that will see the segment tripling from 2007 and 2017.

August 8, 2013

Natural and organic snacks are no longer on the periphery. The products have moved front and center as consumers look for healthier, more satiating options when they snack.

Natural and organic snacks are no longer on the periphery. The products have moved front and center as consumers look for healthier, more satiating options when they snack.

"Consumers, particularly millennials, are looking for higher-quality snacks and are renewing their interest in natural foods," said Shelley Balanko, an analyst at Hartman Group. Natural, she said, means fresh, less-processed foods with a recognized ingredient list. "Consumers want more from their snacks. They want nutritionally-dense foods that are satiating," she said.

August 1, 2013

Emdeon has given pharmacy automation products maker QS/1 certification for electronic prescriptions of controlled substances, or EPCS, QS/1 said Thursday.

 SPARTANBURG, S.C. — Emdeon has given pharmacy automation products maker QS/1 certification for electronic prescriptions of controlled substances, or EPCS, QS/1 said Thursday.

July 25, 2013

The NPD Group, which tracks prestige beauty, has reported that sales of makeup and skin care with SPF reached $1.1 billion in U.S. prestige department stores from June 2012 to May 2013, a 24% increase from three years ago.

PORT WASHINGTON, N.Y. — The NPD Group, which tracks prestige beauty, has reported that sales of makeup and skin care with SPF reached $1.1 billion in U.S. prestige department stores from June 2012 to May 2013, a 24% increase from three years ago.

“Whether it is health concerns, or a more superficial fear of looking older, the intensified focus on sun protection from the beauty and healthcare industries is having a real impact on consumers and the market,” stated Karen Grant, VP and senior global industry analyst for the NPD Group.

July 22, 2013

Front-end drug store sales are weakening, Credit Suisse reported in a research note.

NEW YORK — Front-end drug store sales are weakening, Credit Suisse reported Monday morning in a research note. 

July 19, 2013

Royalty Pharma has hired Marshall Urist as VP research and investments, the company said Friday.

NEW YORK — Royalty Pharma has hired Marshall Urist as VP research and investments, the company said Friday.

Royalty, which invests in royalty interests in drugs, hired Urist from Morgan Stanley, where he worked most recently as executive director and the senior biotechnology analyst.

"We are excited to have Marshall join our team," Royalty founder and CEO Pablo Legorreta said. "He has had a distinguished career on Wall Street, and this experience, coupled with his deep analytical skills, make him an excellent addition to Royalty Pharma."

July 19, 2013

Skin care products that offer multiple benefits in one bottle are increasingly catching the eye of time-starved and money-crunched shoppers, according to new research by Mintel.

NEW YORK — Skin care products that offer multiple benefits in one bottle are increasingly catching the eye of time-starved and money-crunched shoppers, according to new research by Mintel.

July 16, 2013

The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday.

TORONTO — The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday. 

The report cited two industry sources. However, Shoppers Drug Mart chairman Holger Kluge suggested that the chain has had more than a few suitors during an analyst call Monday. 

July 15, 2013

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada.

When Loblaw announced last week it would debut a new health-focused format to take on Whole Foods, no one could have expected it would make a deal to become the No. 1 pharmacy retailer in Canada, leapfrogging from No. 8 to that top spot with the stroke of a pen. Together the companies will operate 1,797 pharmacies across a total of 2,348 locations, meaning 1-in-5 Canadian pharmacies now will be operated by the merged company. Shoppers Drug Mart represents $4.9 billion in annual pharmacy sales, representing 47.3% of sales and $3.9 million in pharmacy sales on a per store basis. And if Loblaw's pharmacy sales are brought up to that level, the merged companies will represent $6.8 billion in pharmacy revenue.

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada. 

June 25, 2013

Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards.

DEERFIELD, Ill. — Walgreens on Tuesday initiated a three-point plan to boost front-end performance as the company shifts its Balance Rewards customer-acquisition focus into second gear with a greater emphasis on redemption and rewards. 

June 17, 2013

Sales of U.S. prestige men’s fragrances are on the rise, according to recent research by global information company The NPD Group.

PORT WASHINGTON, N.Y. — Sales of U.S. prestige men’s fragrances are on the rise, according to recent research by global information company The NPD Group.

Sales of U.S. prestige men’s fragrance increased 6% to $953 million, from May 2012 to April 2013, compared with the same time period last year, according to The NPD Group’s U.S. fragrance industry.

June 12, 2013

Pharmacy automation provider QS/1 has received certification for controlled substances prescribed electronically, the company said.

SPARTANBURG, S.C. — Pharmacy automation provider QS/1 has received certification for controlled substances prescribed electronically, the company said.

QS/1 said it received Electronic Prescriptions for Control Substances certification, making it one of the first pharmacy vendors to certify for EPCS in the 10.6 Script Standard.

June 10, 2013

Are retail clinics a fad or a permanent and viable part of the healthcare landscape?

That was the question explored by health experts at a web-based summit April 25, presented by the Rand Corp. and the University of Pittsburgh.

Are retail clinics a fad or a permanent and viable part of the healthcare landscape?

May 30, 2013

It comes as little surprise that nail color continues to be hot — red hot — as beauty mavens enjoy the self-expression, experimentation and affordability provided by at-home nail color innovation.

It comes as little surprise that nail color continues to be hot — red hot — as beauty mavens enjoy the self-expression, experimentation and affordability provided by at-home nail color innovation.

"The appeal and power of the nail category is both the permission to play and the accessibility in price," stated Karen Grant, VP and global industry analyst for The NPD Group. "Even for those on a tight budget, nail products offer a relatively guilt-free treat, with the power to change their options."

May 30, 2013

Costco Wholesale had sales of $23.55 billion in third-quarter 2013, an 8% increase over last year's $21.85 billion, as well as a 6% increase in same-store sales, the club retailer said.

ISSAQUAH, Wash. — Costco Wholesale had sales of $23.55 billion in third-quarter 2013, an 8% increase over last year's $21.85 billion, as well as a 6% increase in same-store sales, the club retailer said Thursday.

May 3, 2013

Walgreens on Friday posted April sales of $6 billion, an increase of 3.8% as compared to the same month in fiscal 2012.

DEERFIELD, Ill. — Walgreens on Friday posted April sales of $6 billion, an increase of 3.8% as compared to the same month in fiscal 2012. 

Total front-end sales decreased 2.9%, while comparable store front-end sales decreased 4.3%. Customer traffic in comparable stores decreased 5.9% while basket size increased 1.6%.