Health & beauty and drugstores news

16 December 2021
Well Pharmacy and WHSmith have announced they will open a new combination store stocking ranges from both retailers in London’s Euston station. Slow expansion of combination store format The retailers opened the first combination store in 2019 in Heathrow Airport, while a second was opened in 2020. The two retailers’ ranges are well segregated in-store, providing a combination of WH Smith’s...
08 December 2021
Walgreens Boots Alliance (WBA) is suggested to be looking to sell Boots in 2022 for up to £5 bn. According to reports, WBA has employed Goldman Sachs as advisors to explore options for Boots, with suggestions this could lead to a sale or IPO of the business. WBA priorities to focus on Walgreens’ US operations In October 2021, WBA announced changes to its strategic priorities, putting its ...
30 November 2021
Dm reported sales in Europe increased by 6.5% to €12.3 bn in the financial year ending 30 September 2021. Its operations in Germany underperformed, with sales rising by 5.8% to €9.04 bn. Omnichannel is the way forward for Dm The health and beauty operator revealed the positive performance was driven by the ‘strong popularity for omnichannel retailing’ amongst its shoppers. One of the main...
26 November 2021
CVS Health plans to close 900 stores in the next three years as it looks to boost its online business and transform its stores into healthcare destinations. Plans to close nearly 10% of its store network In response to ‘ changes in population, consumer buying patterns and future health needs’ , CVS Health has reviewed its store model to ensure it has the right type of stores, in the righ...
04 November 2021
McKesson is to sell its UK businesses, including LloydsPharmacy and AAH, to pan-European asset management group, AURELIUS. McKesson looking to invest in strategic growth outside of Europe The deal includes the sale of LloydsPharmacy, LlyodsDirect, AAH Pharmaceuticals, LloydsPharmacy Clinical Homecare, LloydsPharmacy Online Doctor, MASTA and John Bell & Croyden for £477m. McKesson announced ...
19 October 2021
Walgreens Boots Alliance reported a strong performance in its fourth quarter and fiscal year 2021, revealing growth in its US and international segments, with the latter driven by Boots UK. Performance by divisions In the fourth quarter, WBA reported sales increased by 12.8% to US$34.3 bn, up 11.8% on a constant currency basis. In its 2021 fiscal year, sales increased by 8.6% to US$132.5 bn...
18 October 2021
Tops, the leading supermarket banner in Thailand, and Watsons, the leader in health and beauty stores, are partnering to strengthen their competitiveness in the market. 200 best selling Watsons products available This is the first time Watsons products will be available outside its own stores. Five well-known brands, namely Watsons, Arome by Watsons, Bella by Watsons, Naturals by Watsons an...
12 October 2021
Watsons, the flagship health and beauty banner of the A.S. Watson Group, is partnering with Breast Cancer Welfare Association (BCWA) Malaysia. They will drive together breast cancer awareness through the Watsons Positively Pinktober campaign. It includes encouraging customers to submit their recorded dance using steps from their breast self-examination, as well as discounts on participating produ...
07 October 2021
Watsons, the flagship health and beauty banner of the A.S. Watson Group, has recently launched over 1,600 Sustainable Choices products in its physical stores as well as online.  It has collaborated with global supplier partners, including Beiersdorf, GlaxoSmithKline, Johnson & Johnson, Kao, L'Oréal, Procter & Gamble, Reckitt, Shiseido and Unilever for this initiative. Products from the Sustain...
05 October 2021
Watsons, the flagship health and beauty banner of the A.S. Watson Group, has been voted as the number one beauty retailer in Yi magazine’s 2021 most loved local brands. O+O strategy is key to Watsons’ popularity in China Yi Magazine conducts a survey every year where more than 4,000 people vote for their favourite brands.  Watsons China owes its top ranking in the beauty retailer category to ...