Health & beauty and drugstores news

09 June 2021
With the pandemic limiting peoples’ access to dental check-ups, they have had to rely on at-home oral care products to maintain their oral health. We explore five ways of how oral care brands have evolved their responses and strategies during the pandemic to help boost sales and transform the category to strengthen its prospects. 1. Transforming oral care into a premium beauty routine In ...
08 June 2021
L’Oréal has teamed up with TikTok to test its in-app shopping feature. New and exciting ways to shop beauty  TikTok recently announced plans to work with brands in Europe to offer users an easy-to-use in-built shopping experience. L’Oréal is the first beauty brand to work with TikTok to trial the feature with its Garnier and NYX Professional Make-up brands. Customers in the UK and Irel...
08 June 2021
Last September, the retailer shared plans to open its first flagship store in Thailand in 2021 with its joint-venture partner CP ALL. However, the plans have changed, and it will only sell products through its partner. Adjusting business strategy to fit demand The retailer’s planned to open stores between 200-300 sq. m., with 20% of the products under the Guardian brand. The company is focu...
02 June 2021
CVS Pharmacy has launched more than 150 new products under its private label brands in the grocery, beauty, and wellness categories. Listening to customers to meet their needs in new ways The US-based drugstore operator launched more than 150 products under its Gold Emblem and Gold Emblem Abound Food brands, Live Better by CVS and a newly launched men’s skincare and grooming brand, Goodlin...
02 June 2021
The Dairy Farm Group’s health and beauty banner Mannings will carry the products of South Korean healthcare retailer Olive Young in Hong Kong. Over 100 brands from Olive Young available in 300 Mannings stores More than 100 beauty and personal care brands from Olive Young will be available in over 300 outlets of Mannings, as well as its online store.  These products include Olive Young’s bes...
02 June 2021
PT Hero Supermarket, owned by Dairy Farm International, plans to close its hypermarket banner Giant by the end of July to improve its finances.  Some of these will be converted into new outlets for its IKEA, Guardian and Hero banners.  Sales drop in hypermarkets has influenced the decision to retire Giant The Group, which currently operates 75 Giant outlets, has seen its revenue drop 34% ye...
27 May 2021
CVS Health released positive first quarter results and announced plans for its Beauty Mark initiative, which is aimed at boosting positive self-image and beauty inclusivity. Subdued growth for Retail/LTC segment compared to other segments Total revenue across all segments increased by 3.5% to US$69.1 bn (Q1 2020: US$66.8 bn). Operating income and adjusted operating income increased by 3.4% ...
27 May 2021
Video-sharing social media platform, TikTok is working with brands in Europe to test an in-app shopping feature. Expanding into the world of ecommerce As reported by Bloomberg, TikTok is looking to join other social media platforms, such as Facebook and Instagram, to offer users an in-built shoppable experience. It is aiming to work with multiple brands in Europe to offer products for users...
25 May 2021
Boots UK reported another tough year as total revenue declined by 10.8% to £5.9 bn (2019: £6.7 bn) for the year ending 31 August 2020. For the year, Boots UK reported an operating loss of £245m. FY2020 performance severely impacted by COVID-19 pandemic The drugstore operator highlighted its challenging year, despite its on-going efforts to improve and invest in its store portfolio and produ...
21 May 2021
We round up the latest initiatives and developments from South Korea’s convenience retailers, covering topics such as beauty & cosmetics, green environment, subscription service and COVID-19.  Beauty & Cosmetics: CVS as a new sales channel Convenience stores are emerging as a new channel for cosmetics products: GS25's cosmetics sales up +18.2% vs. 2019 CU's cosmetics sales up +6.7%...