The year 2014 will be remembered as one of discovery about the power of niche and exclusive beauty brands at retailers in the United States, and that momentum will increase well into the future. Global retailers long ago recognized the potential for creating differentiation and loyalty with consumers through their own brands. The potential for
The most stunning aspect of the recently held NACDS Regional Chain Conference, convened on the west coast of Florida on February 1, was the absence of many of the industry veterans around whom the conference revolved in years past. Tony Civello, until recently the head of Kerr Drug, was absent, having sold his drug chain
MEMPHIS, Tenn. — Former CVS and Family Dollar Stores Inc. executive Mike Bloom has become president and chief operating officer of small-box discounter Fred’s Inc. “Our board of directors views this senior management addition as an important step in the process of developing the Fred’s team of the future,” said company chairman Michael Hayes. “The hiring
WOONSOCKET, R.I. — CVS Caremark Corp. will halt all sales of cigarettes and other tobacco products through its more than 7,600 CVS/pharmacy stores nationwide by Oct. 1. The action makes CVS/pharmacy the first national drug chain to take this step. “Ending the sale of cigarettes and tobacco products at CVS/pharmacy is the right thing for
As if the obvious needed to be stated, the period of slow, evolutionary change in the retailing environment for drug, food and convenience items is long over. The arrival of pure-play e-commerce companies to food, drug and beauty retailing marked the end of evolutionary and the beginning of truly explosive revolutionary change. The battlefield is