Health & beauty and drugstores news

12 May 2021
Coconut water brand, Vita Coco has launched its first ever haircare products. The range includes shampoos, conditioners, and treatments. Offering relevant ranges In our recent report looking at the future of drugstore, health & beauty we highlighted five areas of change expected as we transition into a post-COVID environment. One of the trends identified was righting the range, which invo...
11 May 2021
Walgreens Boots Alliance (WBA) has announced its COO, Alex Gourlay, is to leave the business. Meanwhile, separately, in the US, its Walgreens division has launched same-day delivery in under two hours and introduced mobile clinics that provide COVID-19 vaccines. Co-COO to step down Bloomberg has reported that WBA’s co-chief operating officer, Alex Gorlay, is set to leave the business on 17 ...
10 May 2021
Boots has opened its first three stores with PT Mitra Adiperkasa Tbk (MAP), a lifestyle retailer in Indonesia. A quick store turnaround Walgreens Boots Alliance (WBA) announced plans to expand into the Indonesian market in 2019, with Boots International signing an agreement to form a store development partnership with MAP. The first set of store openings were expected to occur in the s...
19 April 2021
A.S. Watson’s Group COO and CEO of A.S. Watson (Asia and Europe), Malina Ngai, has spoken at the industry event Beauty Tech Live this week.  She has explained how O+O (Offline plus Online) has become the new retail standard in health and beauty. O+O customers spend three times more than exclusive instore shoppers Malina Ngai describes O+O as “how customers shop today. The customer journey ...
16 April 2021
CVS Pharmacy is expanding its frozen food and healthy snack offering at selected stores in the US as it looks to drive footfall and encourage greater shopper frequency. 74% of adults said their meal and/or snacking habits have changed during the pandemic CVS is looking to make mealtimes ‘quick and simple’ by expanding its convenient meal range to include more frozen meals and healthy snacks...
13 April 2021
Walgreens Boots Alliance (WBA) said group sales increased in its second quarter by 4.6%, 3.5% on a constant exchange basis, to US$32.8 bn. Performance by division   Retail Pharmacy USA Sales increased by 0.4% to US$27.3 bn compared to Q2 2020 Comparable sales increased by 2%, with comparable pharmacy sales up by 4.5%, while comparable retail sales declined by 3.5% Retail sale...
08 April 2021
Watsons Hong Kong has launched a citywide plastic container recycling programme called ‘Plastic Reborn,’ in collaboration with Procter and Gamble. Watsons’ store network across Hong Kong serve as collection points Together with P&G, Watsons now uses its network of 230 stores across the city as collection points for empty plastic containers.  Hong Kong-based service The Loops will send these u...
08 April 2021
Asia-based ecommerce platform Shopee intends to premiumise its beauty offerings, by increasing its focus on K-beauty brands.  Sales of Korean beauty continues to grow in Southeast Asia and Taiwan Korean beauty products remain as one of the top-selling products of Shopee.  The retailer has seen more shoppers searching and buying K-beauty brands on its platform, due to the popularity of K-pop c...
01 April 2021
We look at the leading US beauty retailer’s performance in 2020, highlight its strategy to win in 2021 and its leadership changes. 2020 was a challenging year for Ulta Beauty Total sales declined by 16.8% to US$6.2 bn (2019: US$7.4 bn) for the year ending 30 January 2021 due to the impact of COVID-19 Comparable sales decreased by 17.9% , versus an increase of 5% in 2019 By the...
16 March 2021
A.S. Watson Group, the world’s biggest international health and beauty retailer, has recently announced its refreshed social purpose and 2030 vision for sustainability. Commitment to ‘put a smile on our customers’ faces’ Since the A.S. Watson Group is operating on a massive scale globally, it is determined to take stronger responsibility towards the customers they serve, as well as the envi...