With dollars continually shifting between channels and, in many cases, moving online, it's imperative for
drug store retailers to understand what's driving consumers into their stores and into the aisles, in order to continue delivering value.
The FDA's cease and desist order was issued following Watson's announcement that it would conduct immunization activities at the
drug store using the vaccine which cost P4,000 a dose.
An informed consent was obtained from every
drug store. All the filled questionnaires were checked and verified by the principal investigator.
The study found that
drug stores captured a half-point share gain in total CPG spending this past year, a sizable increase given the fact that
drug store total share is just 5.6 percent.
* A $3.125 million loan for an Eckerd
drug store on Clark St.
The free sample at the
drug store is not going to make me rush out and join the line-ups at the lottery stands.
"There's consumer loyalty because of the prescription business, but is [housewares] going to be a growing, bustling business for
drug stores? I don't think so.
Chain
drug stores account for about two-thirds of all
drug store sales and their sales growth was an even more impressive 8.5 per cent compared to the 7 per cent achieved by all
drug stores.
A dose of the vaccine costs P 4,000 at the
drug store, with three doses to be administered in a year.
According to data from Nielsen Product Insider, powered by Label Insight, within the
drug store consumers are increasingly focused on simpler ingredients.
The
drug store channel either maintained or gained share across all consumer packaged goods categories and achieved a full two-point share gain in health and beauty care products.