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Home » Keywords » drug stores

Items Tagged with 'drug stores'

ARTICLES

Dollar Stores
Channel Strategies

Variety, convenience spur growth for dollar, drug outlets

Unemployment, increased foot traffic contribute to channels’ performance
Sabetta lauren
Lauren Sabetta
February 21, 2022
No Comments
As the dollar and drugstore channels are expected to continue with revenue increases, the ongoing COVID-19 pandemic carries mixed impact for retailers.
Read More
Discount retailers
Channel Strategies

Discount, drug stores offer savings, convenience amid pandemic

eCommerce will be key to future growth for channels
Stephanie headshot new cropped
Stephanie Cernivec
February 23, 2021
No Comments
With the outbreak of COVID-19, retailers have worked hard to adapt by making their stores as safe and convenient as possible for consumers. In the limited-assortment stores category, drug stores and discount retailers are finding where they fit in this eCommerce evolution.
Read More
Dirty lemon drug store frictionless / cashierless retail store
Channel Strategies

Drug stores reformat, digitize to compete with online retailers

Wellness centers, frictionless checkout among latest strategies
Sarah graybill
Sarah Graybill
March 18, 2020
No Comments

Known as the place to pick up your meds along with those “few extra things,” drug stores are now exerting extra effort to compete with online retail giants, accommodate consumers’ growing health needs and demands, and leveraging technology to enhance their offerings.


Read More
CVS Drug Store - Beverage Industry

Drug stores offer consumers personalized product sets

Channel capitalizes on health, wellness attributes
Taylor karg beverage industry
Taylor Karg
March 19, 2019
No Comments
As consumers seek out appropriate medical care, many are turning to drug stores to provide them with the necessary prescriptions and products to restore them back to optimal health.
Read More
Tetley Herbal Tea - Beverage Industry

Drug stores offer convenience, expertise

Herbal teas resonate during cold and flu season
Barbara h200x200
Barbara Harfmann
March 13, 2018
No Comments
Compared with an average month, consumers spend 42 percent more dollars on herbal tea with an immunity claim on the label
Read More
beer wine bottles

Drug stores struggle for growth, beverages outperform channel

Alcohol beverages experience unit sales increases
Amanda del buono
Amanda Del Buono
March 10, 2017
No Comments
As consumers’ shopping behaviors continue to evolve, the drug store channel has seen a boon within beverage aisles. Although the channel is struggling to grow, beverages could offer potential for the channel going forward as these stores expand their offerings, says Evan Hoffman, industry research analyst at Los Angeles-based IBISWorld.
Read More
bottled water

Drug stores focus on front-end sales

Consumables, including beverages, driving growth
Barbara h200x200
Barbara Harfmann
March 14, 2016
No Comments

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.”


Read More
Sparkling Fruit2O lime twists

Loyalty rewards, cross promotions could boost beverage sales

Beverages currently make up 6 percent of drug store sales, IRI reports
Haderspeckj headshot200
Jennifer Storelli
March 12, 2015
No Comments

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.


Read More
Beverage News graphic

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
No Comments

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.


Read More
Beverage News graphic

Study examines changing shopping patterns

Shoppers visiting fewer stores, seeking value
October 21, 2014
No Comments

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.


Read More
More Articles Tagged with 'drug stores'
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