All Health & beauty articles – Page 127
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News
Walgreens has posted record figures for the year ended August 31
Drugstore chain Walgreens has posted record figures for the year ended August 31, with sales rising 7.3% to reach $63.3bn (£39.76bn).Net earnings for 2008/09 were $2.01bn (£1.26bn) reflecting a 7% decrease from the previous year.The retailer, famed for its rapid expansion, now wants to slow the pace of store openings. ...
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News
Rite Aid Q2 sales down 2.7%
Year-on-year sales at pharmacy chain Rite Aid declined 2.7% to $6.3bn (£3.9bn) for the second quarter to August 29.The slide was attributed primarily to store closures and non-pharmacy same-store sales. Overall, same-store sales fell 1.1% for the quarter, with a 4.9% decrease in non-pharmacy sales and a 0.8% increase in ...
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NewsBoots eyes more drive-throughs after trial success
Boots is to expand its drive-through pharmacy business on the back of soaring sales at its trial location.
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NewsWaitrose chases convenience market and signs deal with Boots UK
Waitrose is to make a major play for the convenience market, and has embarked on a partnership with Boots UK to sell select product ranges in each others’ stores.
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News‘Recovery hopes premature’ as August UK retail sales fall
UK retail like-for-like sales fell 0.1% in August as shoppers stayed away from the high street due to very wet weather, casting doubt on early economic recovery hopes.
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NewsJulian Graves fascia to survive acquisition by Holland & Barrett
Holland & Barrett will retain the Julian Graves fascia in the majority of stores following clearance last Friday from the Office of Fair Trading (OFT) for its takeover of the chain.
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AnalysisWhat it’s like to work at LloydsPharmacy
The inside view from HR and change director Fiona Morgan
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NewsHolland & Barrett takeover approved
Health food specialist Holland & Barrett’s takeover of Julian Graves does not substantially reduce competition in the food and ingredients sector, the Competition Commission has found.
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News
Pharmacy 36.6 faces bankruptcy proceedings
Pharmaceutical distributor Protek has initiated bankruptcy proceedings against Pharmacy Chain 36.6 in an attempt to recover debts owed by the retail giant.On August 4 Protek filed papers with the Arbitration Court of Nizhny Novgorod recognising the debtor TDE Pharmacy - part of the Pharmacy Chain 36.6 network - as insolvent. ...
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News
Lawson and pharmacy chain Matsumotokiyoshi agree to broad joint venture
Convenience retailer Lawson and pharmacy chain Matsumotokiyoshi have agreed to a broad joint venture that will include new stores selling over the counter medicines, in a move aiming to strengthen their competitive edge.The first store is set to open as early as next spring. The stores will combine each company’s ...
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AnalysisCVS strategy pays off as it storms ahead of rivals
“This is shaping up to be a very good year and we expect an even better 2010.” Such upbeat words have not been heard often in retail this year, but Tom Ryan, chief executive of US pharmacy retailer CVS, has every right to be on a high after turning in ...
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News
Pharmacy Chain 36.6 reports preliminary consolidated sales drop
Pharmacy Chain 36.6 reported preliminary consolidated sales dropped 13.1 per cent in the first half of the year to RUB11.63bn (£222.1m).The company’s retail sales slumped 17.4 per cent on the year to RUB8.8bn (£168m).At the end of June the company had 1,036 pharmacies in 29 Russian regions. It opened six ...
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AnalysisWhat it’s like to work at…Boots UK
The inside opinion from head of recruitment services Paul Stretton
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AnalysisJeremy Seigal says AS Watson is back on track
In his first interview since taking the helm of Superdrug owner AS Watson, Jeremy Seigal tells Jennifer Creevy the business is back on track
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NewsSuperdrug to focus on beauty as it posts loss
Superdrug is confident it can increase its beauty market share despite suffering a pre-tax loss of £7.4m in the year to December 2008.
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NewsCrabtree & Evelyn to focus on heritage
Natural beauty retailer Crabtree & Evelyn has restructured its management and will be led from London rather than the US as it refocuses the brand around its English heritage.
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NewsLloydspharmacy to sell Tamiflu online
Lloydspharmacy has become the first major retailer to sell the swine flu drug Tamiflu online.
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News
Avon plans job cuts
Mail order and door-to-door beauty specialist Avon is planning to cut 1,200 jobs over the next four years in a major cost-saving drive.The retailer expects to take on a second-quarter charge of about $90m (£54.5m) for its restructuring plan. The overhaul – which includes focusing on streamlining the business and ...
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NewsRazwar.com takes razor blades online
Razors and blades have been synonymous with the marketing strategy that has been used to sell them since King C Gillette started using razor blade handles as a loss-leader to encourage ongoing sales of his disposable razor blades in 1901.
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News
Schlecker interested in buying Woolworths Germany stores
Chemist Schlecker is understood to be interested in buying some of the stores of insolvent retailer Woolworths Germany. The health and beauty giant would convert the shops to its Schlecker XL fascia.Other retailers interested in snapping up some of the 160 stores are thought to be discount grocers Lidl and ...