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June 14, 2012

Drug Store News recently spoke with Greenwood Group president Pat O’Leary about the challenges small- and mid-tier companies face in the mass market.

AUDIO Q&A: DSN spoke with Greenwood Group president Pat O’Leary about the challenges small- and mid-tier companies face in the mass market.

June 14, 2012

Pacific World is a provider of nail care products and beauty accessories and sells its products in more than 85,000 doors in more than 80 countries. Joel Carden, EVP of Pacific World, recently talked with Drug Store News about what has led to the global beauty company’s success and how it continues to achieve growth through retailer partnerships, innovation and mergers.

AUDIO Q&A: Joel Carden, EVP of Pacific World, recently talked with Drug Store News about what has led to the global beauty company’s success and how it continues to achieve growth through retailer partnerships, innovation and mergers. Pacific World is a provider of nail care products and beauty accessories and sells its products in more than 85,000 doors in more than 80 countries.

 

June 25, 2012

Beauty is not just about making women (and men), well, beautiful. But it is increasingly about providing consumers with solutions that will save them time and money, and, perhaps even more importantly, provide value. And those products that deliver value, help consumers save money and make their lives just a little bit easier stand to win big.

DENVER — Another NACDS Marketplace is nearing an end, and as I think about all of the beauty products I’ve seen this year on the show floor, I come away with this thought: Beauty is not just about making women (and men), well, beautiful. But it is increasingly about providing consumers with solutions that will save them time and money, and, perhaps even more importantly, provide value.

June 25, 2012

Executives from Coca-Cola and Facebook on Monday morning shared social media best practices and strategies here at NACDS Marketplace 2012.

DENVER — Executives from Coca-Cola and Facebook on Monday morning shared social media best practices and strategies here at NACDS Marketplace 2012.

Social media is about engaging the end-consumer in an interactive dialogue, more than it is about accumulating “likes.”

June 25, 2012

This will be the last time I walk an NACDS Marketplace floor. Ever. I’m done. Because next year, it will be the Total Store Expo, and I’m already getting a little jazzed about that. But that’s a year away, yet. For now, let me share some snippets around some of the products and suppliers I found interesting making my last walkthroughs on the Marketplace show floor. Ever.

DENVER — This will be the last time I walk an NACDS Marketplace floor. Ever. I’m done.

Because next year, it will be the Total Store Expo, and I’m already getting a little jazzed about that. Here’s my thought process — is there an opportunity in sitting down with a retail pharmacy operation team along with an OTC buying team and exploring possible synergies between the two? Is there a value-add already built into this meeting?

June 25, 2012

Monday morning kicked off with a bang at NACDS Marketplace, as SymphonyIRI Group’s Navin Gautam took attendees inside the mind of today’s value-conscious shopper.

DENVER — Monday morning kicked off with a bang at NACDS Marketplace, as SymphonyIRI Group’s Navin Gautam took attendees inside the mind of today’s value-conscious shopper.

“Delivering truly shopper-centric value is going to be key, and neither manufacturers nor retailers can do it alone,” Gautam, principal of client services for SymphonyIRI, told attendees during his presentation, titled “Inside the Mind of the Shopper: Understanding the Difference in Motivation by Generations.”

June 24, 2012

What’s the buzz in beauty? Walking the NACDS Marketplace show floor, there is definitely more of the same old same old, but DSN beauty expert Antoinette Alexander found several products she thinks will make the cut.

What’s the buzz in beauty? Walking the NACDS Marketplace show floor, there is definitely more of the same old same old, but DSN beauty expert Antoinette Alexander found several products she thinks will make the cut.

June 24, 2012

Fresh is driving new trips to drug stores — there is no denying. But, in general, drug stores have been good at creating more reasons to shop their stores. DSN identified a few hot consumables and GM products that are likely to help grow impulse purchases.

Fresh is driving new trips to drug stores — there is no denying. But, in general, drug stores have been good at creating more reasons to shop their stores. DSN identified a few hot consumables and GM products that are likely to help grow impulse purchases.

June 24, 2012

Products and services targeting the Hispanic market will realize much success in the coming years, noted a recently published SymphonyIRI Group “Point of View” report that outlined the growing opportunity in targeting that demographic.

CHICAGO — Products and services targeting the Hispanic market will realize much success in the coming years, noted a recently published SymphonyIRI Group “Point of View” report that outlined the growing opportunity in targeting that demographic.

And this rapidly growing group is expected to wield $1.3 trillion in purchasing power through the end of this year.
Hispanics, as a group, spend nearly 8% more on consumer packaged goods than any other population, and have particularly strong spending in the mass merchandise and club channels, the report noted.

June 24, 2012

So what’s the buzz in beauty? In walking the show floor there is, I’ll admit, more of the same ole stuff we see each year. But there certainly are a few trends that stand out from the crowd.

So what’s the buzz in beauty? In walking the show floor there is, I’ll admit, more of the same ole stuff we see each year. But there certainly are a few trends that stand out from the crowd.

June 24, 2012

According to DSN OTC expert Michael Johnsen, there is a great opportunity for all vendors to sell more by engaging with retailer education programs. Here are MJ's picks for hot products in health and wellness.

According to DSN OTC expert Michael Johnsen, there is a great opportunity for all vendors to sell more by engaging with retailer education programs. Below are MJ's picks for hot products in health and wellness.

June 24, 2012

Maybe it’s the fact that we’re a mile above sea level that’s giving me that air-up-there feeling. But I don’t think so. Because every time I walk a new Marketplace floor, no matter the locale, I get heady with the number of opportunities that have yet to be realized. So why should this year be any different?

Maybe it’s the fact that we’re a mile above sea level that’s giving me that air-up-there feeling. But I don’t think so. Because every time I walk a new Marketplace floor, no matter the locale, I get heady with the number of opportunities that have yet to be realized. So why should this year be any different?

June 24, 2012

The next generation of trade shows is nearly upon us. Enter NACDS Total Store Expo, which debuts Aug. 10 to 13, 2013. Jim Whitman, SVP member programs and services, and Steve Perlowski, VP industry affairs and member relations, talked with Drug Store News about this new concept, which will combine the Marketplace, Pharmacy and Technology, and Supply Chain and Logistics conferences.

The next generation of trade shows is nearly upon us. Enter NACDS Total Store Expo, which debuts Aug. 10 to 13, 2013. Jim Whitman, SVP member programs and services, and Steve Perlowski, VP industry affairs and member relations, talked with Drug Store News about this new concept, which will combine the Marketplace, Pharmacy and Technology, and Supply Chain and Logistics conferences.

DSN: TSE has been described as a “true laboratory of innovation.” Can you elaborate?

June 24, 2012

A mile high here at NACDS Marketplace 2012, spirits are riding about as high. All things considered, this is a pretty good time to be in the drug store business.

A mile high here at NACDS Marketplace 2012, spirits are riding about as high. All things considered, this is a pretty good time to be in the drug store business.

Pharmacy dollars and scripts are ahead of the overall trend, and on the front-end, dollars and trips are up considerably as consumers are trading trips to the big boxes for more quick trips to the drug store.

June 23, 2012

The 2012 National Association of Chain Drug Stores Marketplace Conference kicked off Saturday morning with a bang as retailers and suppliers gathered for Meet the Market, a special program designed to provide attendees the opportunity to present and be presented with new products.

DENVER — The 2012 National Association of Chain Drug Stores Marketplace Conference kicked off Saturday morning with a bang as retailers and suppliers gathered for Meet the Market, a special program designed to provide attendees the opportunity to present and be presented with new products.

(For photos, click here.)

June 23, 2012

As 2012 NACDS Marketplace swings into action, Jim Whitman, SVP member programs and services, and Steve Perlowski, VP industry affairs and member relations, talked with Drug Store News about the highlights of this year’s event and how attendees can make the meeting a success.

As 2012 NACDS Marketplace swings into action, Jim Whitman, SVP member programs and services, and Steve Perlowski, VP industry affairs and member relations, talked with Drug Store News about the highlights of this year’s event and how attendees can make the meeting a success.

DSN: How can retailers and suppliers make the most of this year’s event?

June 23, 2012

“Show me white spaces and create [value] that I don’t already have.” That’s what one retailer polled by the Mack Elevation Forum said regarding what suppliers need to do to score a win. And that may be both the challenge and the opportunity for suppliers today as they prepared for NACDS Marketplace meetings.

DENVER — “Show me white spaces and create [value] that I don’t already have.” That’s what one retailer polled by the Mack Elevation Forum said regarding what suppliers need to do to score a win. And that may be both the challenge and the opportunity for suppliers today as they prepared for NACDS Marketplace meetings.

(For pictures from the Elevation Forum, click here.)

June 21, 2012

Lewis Drug is celebrating its 70th anniversary — a milestone that can be attributed, in part, to its willingness to embrace change.

SIOUX FALLS, S.D. — Lewis Drug is celebrating its 70th anniversary — a milestone that can be attributed, in part, to its willingness to embrace change.

“One of the most important things I learned about the retail business is that you need to change. You need to keep yourself fresh and creative, and things will work out,” said Mark Griffin, president and CEO of Lewis Drug, which currently operates more than 30 locations. “Obviously, in 70 years, things worked out well and we continue to evolve.”

June 20, 2012

The economy is still a predominant theme resonating with today’s shopper, judging by some of the new-product trends identified within the SymphonyIRI Group “2011 New Product Pacesetter” report — namely beauty and consumables that replace a trip to the salon or restaurant with an upscale home experience, as well as product launches that target a specific, finite audience.

The economy is still a predominant theme resonating with today’s shopper, judging by some of the new-product trends identified within the SymphonyIRI Group “2011 New Product Pacesetter” report — namely beauty and consumables that replace a trip to the salon or restaurant with an upscale home experience, as well as product launches that target a specific, finite audience.

June 20, 2012

With more retail pharmacies pursuing pet prescriptions, Drug Store News recently talked to Rob Devlin, Nutramax director of veterinary science division, for some perspective on what the opportunity might be across the aisle in over-the-counter pet health products.

With more retail pharmacies pursuing pet prescriptions, Drug Store News recently talked to Rob Devlin, Nutramax director of veterinary science division, for some perspective on what the opportunity might be across the aisle in over-the-counter pet health products.

DSN: With the number of retailers looking to expand their reach into veterinary pharmaceuticals, what is the opportunity on the OTC side?

June 7, 2012

The National Association of Chain Drug Stores has announced that this year's Marketplace Conference in Denver will feature a new interactive educational resource.

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has announced that this year's Marketplace Conference in Denver will feature a new interactive educational resource.

This year's NACDS Marketplace Conference will take place June 23 to 26 in Denver.

NACDS and technology solutions company Inmar, an NACDS associate member, will partner to launch the NACDS Marketplace Digital Learning Center to help retailers and suppliers gain an understanding of the importance of developing and implementing a cohesive digital strategy.
 

May 31, 2012

The National Association of Chain Drug Stores has officially launched its 2012 Marketplace Conference mobile application.

ALEXANDRIA, Va.  — The National Association of Chain Drug Stores has officially launched its 2012 Marketplace Conference mobile application.

The mobile app, which is sponsored by the Emerson Group, offers a toolkit for conference attendees to enhance planning and the overall experience for the NACDS Marketplace Conference. This year’s NACDS Marketplace Conference will be held June 23 to 26 in Denver.