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Home » drug stores

Articles Tagged with ''drug stores''

bottled water

Drug stores focus on front-end sales

Consumables, including beverages, driving growth
Barbara Harfmann
March 14, 2016

With more consumers using click-and-collect models and home delivery for prescription medications, eCommerce continued to drive double-digit growth in the non-traditional drug store channel, which generated $264.5 billion in sales, a $14.3 billion profit and a 1.4 percent growth rate from 2010-2015, according to IBISWorld’s December 2015 report titled “Pharmacies & Drug Stores in the US.”


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Loyalty rewards, cross promotions could boost beverage sales

Beverages currently make up 6 percent of drug store sales, IRI reports
Jennifer Storelli
March 12, 2015

Although consumers tend to be loyal to their preferred drug stores, 30 percent are more likely to patronize a drug store if it has a loyalty card that offers savings, thus increasing shopper loyalty, according to Diana Smith, senior research analyst of retail and apparel at Mintel.


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IRI posts new strategies for national, private-label brand growth

National brands showing momentum in drug stores; private label standing out in mass/supercenter channel
January 20, 2015

During the recession, private-label products enjoyed increasing popularity as consumers looked for new ways to save on everyday purchases during the economic downturn. In fact, U.S. consumers spent $120 billion on private-label products during the past year, marking a year-over-year increase of 2.1 percent, according to Chicago-based Information Resources Inc. (IRI). However, this growth now seems to be leveling off, and this small uptick was largely driven by price increases, it reports.


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Study examines changing shopping patterns

Shoppers visiting fewer stores, seeking value
October 21, 2014

With more than 2,500 different paths to purchase, it’s no surprise that consumers are changing how they shop, where they shop and when they shop.


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Drug store beverage sales outpace industry average

Channel offers opportunities to promote health and wellness-related beverages
jessica Jacobsen
Jessica Jacobsen
March 14, 2014

A trip to the drug store is no longer just an opportunity to refill a prescription or restock the family first aid kit. Today’s retailers are instituting different programs to provide shoppers with a more value-added experience, experts note.


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Drug stores offer convenience, expertise for consumers

Loyalty and rewards programs keep consumers coming back.
Jennifer Storelli
March 11, 2013

For cold and flu season, allergy season and everything in between, drug stores provide consumers with the advice and relief they need for their ailments.


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Drug stores' prescription for success

Pricing, merchandising attract drug store shoppers
Stephanie Cernivec
August 10, 2012
The drug store channel showed higher-than-average growth last year with unit sales increasing 2.2 percent versus a retail industry average decline of 0.6 percent in food, drug, convenience and mass merchandise stores, excluding Walmart, according to Susan Viamari, consumer insights expert at Chicago-based SymphonyIRI Group.
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Convenience, drug stores fare well in economy

jessica Jacobsen
Jessica Jacobsen
March 7, 2011
Convenience stores saw a sales growth of 2.6 percent in 2010, according to data from Euromonitor International, Chicago, which was a more robust increase than the grocery market overall during the same time period.
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