In today’s rapidly changing landscape, retail pharmacies are finding it tougher to survive, let alone thrive. Gross profit challenges are popping up everywhere — new competitors, generic drug price deflation, Medicare Part D plans pushing patients toward in-network or mail order pharmacies — and all of this before direct and indirect remuneration (DIR) fees. For
SOLON, Ohio – Efficient Collaborative Retail Marketing (ECRM) announced Thursday the hiring of industry veteran Eric Savitch as senior vice president, international business development, to lead ECRM’s efforts in growing its Trade Promotion Organization (TPO) segment. Savitch will be responsible for expanding ECRM’s existing TPO relationships and engaging new TPOs by developing a comprehensive program
SOLON, Ohio – ECRM has hired industry veteran Jeff Smalley as senior vice president of general merchandise. Smalley is a veteran consumer packaged goods executive with more than 25 years of experience leading sales teams. As SVP of general merchandise, he will lead the division’s efforts in growing engagement with buyers and sellers across its
Over the past few years we’ve all seen the impact of wellness on how customers shop. They are looking for cleaner and more functional ingredients and more organic foods, and even watching what HBC products they are putting on their face and skin. But we’re reaching a tipping point where wellness is no longer a
CHICAGO — Chain Drug Review conducted a CBD Roundtable at the recent ECRM Cough/Cold Show at the Sheraton Grand Hotel. Participating in the panel discussion were: Dave Donnan, senior partner, A.T. Kearney. Vincent Porpiglia, president of Hero Brands, internal sales arm for Select CBD. Dave Janowicz, vice president of merchandising and retail operations, Pharmaca. Dr.
SAN FRANCISCO — ECRM’s RangeMe has launched RangeMe Verified brands, a new service to help retail buyers to identify “business-ready” products and companies. RangeMe said Wednesday that the RangeMe Verified brands service is designed to make the sourcing the right products less time-consuming for retailers. “Getting a product on store shelves can be a challenging task
SOLON, Ohio — Efficient Collaborative Retail Marketing (ECRM) is turning the spotlight on nine food, drug and mass retailers with Merchant Team of the Year awards. ECRM said the awards, its second annual, are being presented to the chains for their excellence in sourcing, merchandising and supplier collaboration. This year’s winners span 10 categories across
SAN FRANCISCO — Rite Aid Corp. is enlisting the RangeMe online product discovery and buying platform for a major initiative to scale its product innovation efforts. San Francisco-based RangeMe, recently acquired by Efficient Collaborative Retail Marketing (ECRM), said Tuesday that its platform will enable Rite Aid’s category buying teams to source trending, consumer-ready products faster
ITASCA, Ill. — Walgreens teamed up with ECRM this week to host a one-day Supplier Diversity Summit here. The Walgreens-ECRM Supplier Diversity Summit, held Wednesday, provided an opportunity for the retailer’s category managers to meet with suppliers with diversity in ownership in the health and wellness, beauty and personal care, competitive convenience, and wellness over-the-counter
SOLON, Ohio — Efficient Collaborative Retail Marketing (ECRM) has acquired RangeMe, a San Francisco-based provider of an online platform that streamlines new product discovery between consumer packaged goods (CPG) suppliers and retailers. ECRM said Tuesday that San Francisco-based RangeMe will add scalability and bolster the technology foundation that it has developed over the past two
SOLON, Ohio — This summer, ECRM and Walgreens Boots Alliance plan to host a Supplier Diversity Summit in Chicago. During the full-day program, scheduled for July 19 in Chicago, Walgreens category managers will meet with diverse suppliers of products in the health and wellness, beauty and personal care, competitive convenience, and wellness OTC/advanced care categories.
SOLON, Ohio — Efficient Collaborative Retail Marketing (ECRM) has launched the Prestige Cosmetics & Beauty Care Efficient Program Planning Session (EPPS). ECRM said late Monday that the new EPPS focuses on prestige, masstige and indie cosmetics, fragrance and beauty brands and was developed to connect suppliers in these categories with buyers at department, specialty and
SOLON, Ohio — Efficient Collaborative Retail Marketing (ECRM) has named Wayne Bennett as senior vice president of retail. ECRM said Thursday that Bennett will assume his new role on Aug. 2. He joins ECRM after 20 years at Drug Store News, most recently as group publisher and managing director of live health events. “Bennett’s business
NEW YORK — ECRM has been sold by BV Investment Partners to private equity firm Snow Phipps Group. Financial terms of the agreement, announced Thursday, weren’t disclosed. BV Investment Partners had acquired ECRM in July 2013, at which time Greg Farrar joined ECRM as chief executive officer. Solon, Ohio-based ECRM facilitates category-specific buying and selling