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Lawsuit settlement. (Industry News).(MasterCard International and Wal-Mart Stores Inc.)(Brief Article)
May 12, 2003... LAWSUIT SETTLEMENT: MasterCard International has agreed to settle an antitrust suit flied by Wal-Mart Stores Inc. and millions of other retailers over its debit card policies. Terms of the settlement have not been disclosed.
A&P deal is closed. (Industry News).(Brief Article)
May 12, 2003... A&P DEAL IS CLOSED: A&P has completed the sale of four supermarkets in New England to Stop & Shop Supermarket Co. A&P, which has divested stores this year from the Northeast to Wisconsin, also is reportedly trying to sell its A&P and...
Tuesday morning CFO. (Industry News).(Loren Joseph)(Brief Article)
May 12, 2003... TUESDAY MORNING CFO: Tuesday Morning Corp. has named Loren Joseph chief financial officer and promoted Michael Marchetti to chief operating officer. Jensen brings nearly 20 years of financial experience to the home furnishings and gift store...
Shaw's Boston unit. (Industry News).(Brief Article)
May 12, 2003... SHAW'S BOSTON UNIT: Shaw's Supermarkets Inc. has unveiled a store in the Prudential Center in the heart of Boston. At nearly 40,000 square feet the unit is almost double the size of the Star Markets location on Boylston Street that it replaced....
New Kroeger brand. (Industry News).(Naturally Preferred)(Brief Article)
May 12, 2003... NEW KROGER BRAND: Kroger Co. has launched Naturally Preferred, a private label line of some 140 natural and organic products. The national rollout of Naturally Preferred ranks as one of the largest brand launches in Kroger's 120-year history....
Coughlin's role grows at Wal-Mart.(Tom Coughlin)
May 12, 2003... BENTONVILLE, Ark. -- Tom Coughlin has been promoted to executive vice president and vice chairman of Wal-Mart Stores Inc.
Coughlin, a 25-year company veteran, had been president and chief executive officer of the Wal-Mart Stores division....
Ahold combines exec ranks at Giant, Tops.
May 12, 2003... CHANTILLY, Va. -- Continuing to implement its shared services program, Ahold USA has announced several executive changes in its Tops Markets and Giant operations.
The program is designed to combine administrative operations of several...
Kmart exits chap. 11. (Spotlight).
May 12, 2003... CHICAGO -- Ending what was the largest retail bankruptcy in U.S. history, Kmart Corp. emerged from 15 months of Chapter 11 federal bankruptcy protection last week.
"We will emerge as a vital enterprise, focusing on providing value to our...
CVS now on track for future.
May 12, 2003... WOONSOCKET, R.I. -- Despite a feeling that the company was still being punished on Wall Street for its dismal performance in 2001, CVS Corp. chairman, chief executive officer and president Tom Ryan told the 100 people gathered here for the...
Fleming taps restructuring experts. (News).(Brief Article)
May 12, 2003... DALLAS -- Fleming Cos. has signed two restructuring experts to interim financial management positions to help lead its reorganization under Chapter 11.
Becky Roof was named the company's interim chief financial officer, and Mike Scott was...
NACDS pushes for Rx benefit.(National Association of Chain Drug Stores)(Brief Article)
May 12, 2003... PALM BEACH, Fla. -- This is a critical time for passage of a Medicare prescription drug benefit, National Association of Chain Drug Stores president and chief executive officer Craig Fuller said at the group's Annual Meeting here last month....
Correction.(Correction Notice)
May 12, 2003... An article in the April 21 issue of MMR on Eagle Food Centers Inc. filing for Chapter 11 protection erroneously made reference to Giant Eagle. Giant Eagle Inc. has no connection with Eagle Food Centers Inc.
Longs buys mail-service pharmacy.(Diversified Pharmacies Inc.)(Brief Article)
May 12, 2003... WALNUT CREEK, Calif. -- Longs Drug Stores Corp. is now offering customers a new way to get prescriptions filled--by mail.
The company recently acquired Sacramento, Calif.-based American Diversified Pharmacies Inc., which operates a...
Biggest gainers.(drugstore securities)(Brief Article)(Illustration)
May 12, 2003...
MONEY MMR
BIGGEST GAINERS
Close Change %
Stock 04/17/03 vs. 03/28/03 Change
Rite Aid 3.03 +0.77 +34.1
BJ's 14.16 +2.66 +23.1...
Biggest losers.(drugstore securities)(Brief Article)(Illustration)
May 12, 2003...
BIGGEST LOSERS
Close Change %
Stock 04/17/03 vs. 03/28/03 Change
Safeway 16.70 -2.98 -15.1
J.C. Penney 17.04 -2.83 -14.2
drugstore.com 3.62 ...
Most active.(drugstore securities)(Brief Article)(Illustration)
May 12, 2003...
MOST ACTIVE
Vol. (000) As a % Change vs.
1 Wk. Ended of Total 1 Wk. Ended
Stock 04/17/03 Shares 03/28/03
Safeway 30,642 6.4 +267.8
Rite...
Scoreboard. (Money News).(drugstores)(Illustration)
May 12, 2003...
SCOREBOARD
Quarter Dollar %
RETAILERS Ended Sales Change
Burlington 03/01 799.9 mil +2.6
drugstore.com (1) 03/30 57.1 mil +30.1
Duane Reade (2) 02/29...
Albertsons uneven. (Spotlight).
May 12, 2003... BOISE, Idaho -- Benefiting from comparison with a year that saw substantial restructuring charges, income from continuing operations soared nearly 75% for Albertsons Inc. in fiscal 2002. On an adjusted basis, however, net earnings were...
Coutu net up 12.8% in quarter.
May 12, 2003... LONGUEUIL, Quebec -- Overcoming the effects of a warehouse strike in Canada, Jean Coutu Group posted a double-digit increase in earnings for the three months that ended on February 28.
Net income for the third quarter of fiscal 2003...
Adjusted loss falls at Kmart.
May 12, 2003... TROY, Mich. -- Kmart Corp. nearly halved its loss on an adjusted basis during fiscal 2002 but saw bottom-line red ink swell after factoring in special charges, reorganization items and discontinued operations.
The discounter, which filed...
Retail stocks start to climb.(Illustration)
May 12, 2003... NEW YORK -- Mass market retailing stocks started to show strength during April as Iraqi War combat subsided and optimism over a renewal of the nation's economic growth began to return.
During the period from March 31, 2003, to April 25,...
ShopKo earnings surge before accounting change. (Money).
May 12, 2003... GREEN BAY, Wis. -- Despite continuing stagnant sales and a weak fourth quarter selling environment, ShopKo Stores Inc. managed an almost 50% gain in earnings before an accounting change in fiscal 2002. A significant one-time charge associated...
Drug chains must look beyond the Rx counter. (Opinion MMR).(Column)
May 12, 2003... At the National Association of Chain Drug Stores Annual Meeting late last month leaders of the industry had a chance to examine their companies' collective performance in the bruising competition for the allegiance of consumers. Much of what...
A study that's worth pursuing. (Opinion MMR).(Column)
May 12, 2003... Anyone neither recognizing nor understanding the impact of Europe's global retailers on the retailing marketplace of the early 21st century does so at his or her peril.
It's not just the numbers that make global retailers so intriguing,...
Understanding how women buy. (Opinion MMR).(Brief Article)
May 12, 2003... NEW YORK -- Retailers with poor sales should take a hard look at their relationships with the women who are their core customers.
"Whenever sales are down we hear retailers blaming the weather, the economy or some other factor and asking,...
Daiei profit is up. (Global News).(Brief Article)
May 12, 2003... DAIEI PROFIT IS UP: Beleaguered Japanese retailer Daiei Inc. posted a net profit of 135.39 billion yen ($1.13 billion) in fiscal 2002, which ended February 28. The results reversed a loss of 332.51 billion yen last year and exceeded the...
Woolies' exec move. (Global News).(Bill Wavish)(Brief Article)
May 12, 2003... WOOLIES' EXEC MOVE: Bill Wavish, director of supermarkets for Australian grocer Woolworths Ltd., unexpectedly announced that he would retire next year. He was viewed as the favorite to succeed chief executive officer Roger Corbett. Without...
Cencosud loan bid. (Global News).(wants to acquire Santa Isabel)(Brief Article)
May 12, 2003... CENCOSUD LOAN BID: Cencosud SA, the retail group that plans to buy the Santa Isabel retail chain from Ahold NV, is negotiating a $100 million loan from Spanish bank BBVA to make the purchase. Cencosud, which owns several shopping centers as...
Auchan russian unit. (Global News).(to open hypermarket)(Brief Article)
May 12, 2003... AUCHAN RUSSIAN UNIT: The privately held French retailer Auchan will open its first hypermarket in Russia's second-largest city, St. Petersburg, in 2005. The company already operates three stores in Moscow. St. Petersburg as yet has no...
Sears canada profit. (Global News).(Brief Article)
May 12, 2003... SEARS CANADA PROFIT: Sears Canada Inc. recorded a slender profit of $11.4 million ($7.9 million U.S.) for the first quarter of fiscal 2003, contrasted to a loss of $115.9 million last year. Prior-year results were affected by a $124.3 million...
Somerfield says bid is insufficient. (Global MMR).(Brief Article)
May 12, 2003... LONDON -- The board of directors at No. 5 British food retailer Somerfield PLC has rejected a proposed takeover bid, contending that it undervalues the company.
A team led by former retail entrepreneurs John Levering and Bob Mackenzie on...
Approach at Tesco is paying off. (Global MMR).(Brief Article)
May 12, 2003... CHESHUNT, England -- Tesco PLC has reported an 11.5% increase in sales for 2002 to $44.9 billion, while underlying pretax profit showed a gain of 14.7% to $2.2 billion.
The company said that sales had grown by 7.9% in the United Kingdom to...
U.S. goes to France. (Spotlight).(Carrefour S.A. hosts United States suppliers)
May 12, 2003... PARIS -- Carrefour SA, the world's second-largest retailer, played host to a group of suppliers from the United States over a two-day period last month, a whirlwind 48 hours that included a tour of the company's newest stores and a breakfast...
Carrefour optimistic. (Global MMR).
May 12, 2003... PARIS -- Executives at French supermarket giant Carrefour SA said last month that they remain optimistic about the company's fortunes this year, hinting that the chain could be on the verge of acquiring parts of one of its largest competitors....
Delhaize super, convenience store test German market. (Global MMR).(Brief Article)
May 12, 2003... BRUSSELS -- Delhaize Group SA is considering expanding into Germany, depending on the performance of two recently opened stores there. Executives will be eyeing results at a supermarket and a convenience store that debuted in Aachen, situated...
Seiyu loss surpasses forecast. (Global MMR).(Brief Article)
May 12, 2003... TOKYO -- Seiyu Ltd., which is partly owned by Wal-Mart Stores Inc., posted a net loss of 90.8 billion yen ($754 million) in fiscal 2002, which ended February 28. The red ink surpassed the company's forecast of an 83 billion yen deficit and...
Walmex has strong quarter.(Wal-Mart de Mexico)(Brief Article)
May 12, 2003... MEXICO CITY -- Wal-Mart de Mexico (Walmex) turned in a strong performance for the first quarter of fiscal 2003.
Walmex's net income for the period was up 4.8%, from 900 million pesos ($84.4 million) to 943 million pesos ($88.5 million).
...
Ito-Yokado profits plummet 60%.
May 12, 2003... TOKYO -- The cost of closing six stores and renovating dozens of others coupled with losses from the sale of its Daikuma Co. unit dragged down Ito-Yokado Co.'s profits by nearly 60% for the fiscal year ended in February, the supermarket and...
Woolworth's plans expansion.(Woolworth's Ltd.)(Brief Article)
May 12, 2003... SYDNEY -- Woolworth's Ltd. executives revealed recently that the chain plans to open as many as 25 supermarkets and eight general merchandise units over the next year.
"We are opening between 15 and 25 new supermarkets and six to eight Big...
On the Carrefour tour. (Global).(Brief Article)
May 12, 2003... A group of suppliers from the U.S. went to France recently to examine the newest Carrefour hypermarket, in Collegien, outside Paris. They saw, among other things, a new shelf-tag system with electronic price-changing capability, an expanded...
Frills at-home spa treatment collection. (Merchandising News).(Cosmar Corp.)(Brief Article)
May 12, 2003... FRILLS AT-HOME SPA TREATMENT COLLECTION: New Cosmar Corp. has introduced Frills, an at-home spa treatment line offering products for hand, nail and foot care. The collection includes such full-treatment kits as Manicure SEAcrets, featuring a...
Women's all-in-one intuition schick shaver. (Merchandising News).(Brief Article)
May 12, 2003... WOMEN'S ALL-IN-ONE INTUITION SCHICK SHAVER: Schick Shaving Products, a division of Pfizer Inc., has introduced Intuition, an all-in-one shaver for women designed to work best in the shower or bath. It includes a patented cartridge that contains...
Organics line of shampoos & conditioners. (Merchandising News).(Levlad Inc.)(Brief Article)
May 12, 2003... ORGANICS LINE OF SHAMPOOS & CONDITIONERS: Levlad Inc. has introduced Nature's Gate Organics line of shampoos and conditioners formulated with certified organic ingredients and certified organic botanicals and essential oils. The collection of...
LDS wart-removal product uses freezing. (Merchandising News).(Brief Article)
May 12, 2003... LDS WART-REMOVAL PRODUCT USES FREEZING: LDS Consumer Products has introduced Wartner, a wart-removal compound that freezes common warts and removes them with a single application. Selling for $19.99, which includes 10 treatments, Wartner can be...
Colomer USA's ethnic hair-relaxer systems. (Merchandising News).(Brief Article)
May 12, 2003... COLOMER USA'S ETHNIC HAIR-RELAXER SYSTEMS: Colomer USA Inc. has expanded its Revlon Realistic no-lye hair relaxer systems to include four new formulas--two designed especially for Hispanic women and two for African-American women. The relaxer...
Nutra nail power gel transforms brittle nails. (Merchandising News).(CCA Industries Inc.)(Brief Article)
May 12, 2003... NUTRA NAIL POWER GEL TRANSFORMS BRITTLE NAILS: CCA Industries Inc. has introduced Nutra Nail Power Gel, a two-step brush-on nail-hardening system that creates a durable wraplike surface on nails. Selling for $9.99, the process includes a...
Dr. Fresh fire fly tootbrush for children. (Merchandising News).(Brief Article)
May 12, 2003... DR. FRESH FIRE FLY TOOTHBRUSH FOR CHILDREN: Dr. Fresh Inc. has introduced the Fire Fly toothbrush, which lights up to help children with their brushing. It contains an LED light that is activated by pushing a button at the bottom of the brush....
P&G, Pharmavite do deal; line of Olay vitamins to debut. (Merchandising MMR).(licenses use of Olay trademark)(Brief Article)
May 12, 2003... CINCINNATI -- Procter & Gamble Co. (P&G) and Pharmavite LLC have announced that P&G has licensed the use of the Olay trademark to Pharmavite to manufacture and market Olay vitamins.
This will result in the first vitamin collection that has...
First of a kind 'diaper pants'. (Merchandising MMR).(Kimberly-Clark Corp.)(Brief Article)
May 12, 2003... DALLAS -- Kimberly-Clark Corp. is introducing diapers that can be pulled up like pants or fastened like a traditional diaper.
Huggies Convertibles, due on shelves in late summer, are billed by the company as first-of-a-kind "diaper-pants."...
Teen girls targeted by Rite Aid. (Merchandising MMR).(Brief Article)
May 12, 2003... CAMP HILL, Pa. -- Rite Aid Corp. has launched Glam Camp, a national promotion targeting female teens.
The program will run in 3,400 Rite Aid stores nationwide.
"What teens want is a fresh new look for each season," says John Learish,...
A new-look Snyders. (Spotlight).
May 12, 2003... BLOOMINGTON, Minn. -- The newest Snyders drug store here is not really a Snyders outlet at all.
While a shopper in the 16,000-square-foot store in this Minneapolis suburb can purchase every item he or she will find in a typical Snyders...
New women's shaver has panache. (Merchandising MMR).(Gillette Co. )(Brief Article)
May 12, 2003... BOSTON -- Gillette Co. has launched an extensive marketing campaign for its new Gillette for Women Passion Venus shaving system.
The system combines advanced shaving technology with an eye-catching pink translucent handle. It is designed...
McGraw-Hill steps into new territory. (Merchandising).
May 12, 2003... NEW YORK -- McGraw-Hill Children's Publishing (MHCP) has launched a major drive to expand beyond its core strength in the educational publishing field and create a major presence in the juvenile literature category. The publisher's primary...
Stop & Shop now on-line in Hartford. (Merchandising).(Brief Article)
May 12, 2003... CHICAGO -- Internet grocer Peapod Inc. and Stop & Shop Supermarket Co. have expanded service to Hartford, Conn.
Residents of more than 100 Hartford area zip codes can visit www.stopandshop.com to purchase the supermarketer's products.
...
New photo service at Wal-Mart Canada. (Merchandising).(Brief Article)
May 12, 2003... MISSISSAUGA, Ontario -- Wal-Mart Canada Corp. has contracted with PhotoChannel Networks Inc. to let the discounter's shoppers order digital prints on line.
Consumers will be able to print images by accessing the new Wal-Mart PhotoCentre...
Gummi Bear touts Sinbad. (Merchandising).(Health Asure Inc. partners with DreamWorks Pictures)(Brief Article)
May 12, 2003... CALABASAS, Calif. -- Health Asure Inc. is partnering with DreamWorks Pictures and its Bear Essentials Children's Gummi Bear Vitamins to make the animated feature film Sinbad: Legend of the Seven Seas.
In May and June Sinbad will be...
More help for diabetes sufferers. (Merchandising).(Brief Article)
May 12, 2003... LOS ALAMITOS, California -- Woodward Laboratories Inc., a leading provider of antimicrobial products for skin and nails, has extended its diabetic care line with the Diabetic Basics Healthy Foot Illuminated Mirror.
The ergonomically...
'Consumers want innovation, originality'. (Skin Care).(Brief Article)
May 12, 2003... NEW YORK -- A recent report on the health and beauty aids business by a respected research firm notes that the overall market for cosmetics and toiletries grew by only 2% in 2002. One factor contributing to that slow growth, the research firm...
Cleansers, moisturizers have cosmeceutical bent. (Merchandising).
May 12, 2003... NEW YORK -- Facial cleansing and moisturizing traditionally have been the focus of most consumers' involvement in skin care, and that is where manufacturers have put most of their marketing muscle. Both trends continue. A bevy of new facial...
Brooks tries upscale approach. (Merchandising).(Brooks Pharmacy)(Brief Article)
May 12, 2003... WARWICK, R.I. -- A number of mass market retailers have experimented with new approaches to merchandising the skin care category, often adopting a more upscale format. Brooks Pharmacy, a unit of Jean Coutu Group, has raised the bar to a new...
Hands, body get attention. (Skin Care).(skin care market)
May 12, 2003... NEW YORK -- The hand and body segment of mass market skin care has undergone a dramatic metamorphosis over the past decade. Once limited to a handful of SKUs dominated by two brands and highly seasonal in nature, hand and body today has taken...
Notable intros help keep category fresh. (Merchandising).(Brief Article)
May 12, 2003... NEW YORK -- Product launches and line extensions may be more abundant in skin care than in any other category in the mass market merchandise mix. Some notable recent introductions include:
* A trio of body washes with summer-themed...
Using that cosmetics know-how. (Merchandising).(Physicians Formula)
May 12, 2003... NEW YORK -- One of the first brands to straddle the line between skin care and cosmetics was Physicians Formula.
Originally developed as a hypoallergenic skin care and cosmetics line for the wife of its creator, Frank Crandall, it has...
New weapons fight skin problems. (Merchandising).(Galderma Laboratories's Rosanil cleanser )(Brief Article)
May 12, 2003... NEW YORK -- Therapeutic products comprise an important segment of the skin care category. The most popular products are those used for treating acne and such common skin conditions as eczema, psoriasis and rosacea.
Galderma Laboratories...
An acceptable way to indulge. (Cosmetics).(cosmetics and aging baby boomers)
May 12, 2003... NEW YORK -- There are a number of bright spots in the mass market cosmetics category, most notably the lip segment, but retailers also face several challenges. Sales growth in such segments as face makeup and nail polish has been lackluster,...
Youth factor potent, but evasive. (Merchandising).
May 12, 2003... NEW YORK -- The youth factor is a critical issue for mass market retailers and their suppliers in the cosmetics category, although it can be difficult at times to define its parameters.
While retailers and manufacturers agree that the youth...
Simplicity, fun, innocence are in. (Merchandising).
May 12, 2003... NEW YORK -- Looking back to a simpler time of childhood and innocence best describes the overall theme of color trends in the cosmetics category for the spring, summer and fall seasons of 2003.
"The 2003 makeup collections are resolutely...
Artificial nails up slightly; in color it's shine, shimmer. (Cosmetics).
May 12, 2003... NEW YORK -- Overall sales of nail care products through mass market retail outlets have been soft for the past year or so. However, some segments within the category continue to do well, and the latest round of product introductions may inject...
What makes consumers buy and why. (Merchandising).(Brief Article)
May 12, 2003... NEW YORK -- While consumers spend billions of dollars on cosmetics in the United States every year, just how they spend that money is one of the reasons the category is so competitive.
"Brutal" is how Ken Brenden, a retail analyst for...
Crossover products are force to be reckoned with. (Merchandising).
May 12, 2003... NEW YORK -- A blurring of the lines between cosmetics and skin care has been one of the notable trends in beauty care over the past several years. That emerging confluence gets a boost in a number of products introduced recently.
One of...
Chains give ethnic another hard look. (Merchandising).(Brief Article)
May 12, 2003... NEW YORK -- When it comes to ethnic beauty care, mass market retailers tend to focus their efforts primarily on the hair care segment. Lately, however, there has been growing activity in the ethnic cosmetics segment, and that is creating new...
A diverse group wields growing power. (Merchandising).(Hispanics)
May 12, 2003... NEW YORK -- Hispanics represent the largest and fastest-growing ethnic minority in the United States. In the years ahead they can be expected to wield increasing clout not only in the marketplace but in the political arena as well.
For...
A Spanish-flavor shopping environment. (Hispanic Marketing).(Hispanic market offers opportunities for mass market retailers)
May 12, 2003... NEW YORK -- The Hispanic market offers great opportunities for mass market retailers. But to capitalize on it they need to develop a good understanding of the similarities as well as the differences among Hispanic Americans.
A number of...
Sharp marketers say it in Spanish, fine tune mix. (Hispanic Marketing).
May 12, 2003... CHICAGO -- The rapid growth of Hispanics' purchasing power represents a great opportunity for consumer goods marketers who communicate effectively with these shoppers. Experience has shown, however, that there are a number of pitfalls to be...
Suppliers do more to reach Hispanics. (Merchandising).(Consumer packaged goods advertisers)
May 12, 2003... NEW YORK -- The current boom in Hispanic purchasing power is sparking heightened interest among consumer packaged goods (CPG) advertisers. With the overall economy continuing to stagnate, the shift makes sense and is overdue.
On the whole,...
Determining the 'right spend'. (Merchandising).(Major advertisers in US should reanalyze the way they allocate marketing resources in relation to Hispanic population)
May 12, 2003... NEW YORK -- A new study commissioned by the Association of Hispanic Advertising Agencies (AHAA) concludes that major advertisers in the United States should reanalyze the way they allocate marketing resources in relation to the Hispanic...
Mass retailers react, reach out. (Hispanic Marketing).(Kmart Corp. and Sears, Roebuck and Co., among others, aim to increase visibility in Latino community)
May 12, 2003... NEW YORK -- With the Spanish population growing rapidly, mass market retailers, including Kmart Corp. and Sears, Roebuck and Co., have been pursuing a variety of activities to increase their visibility in the Latino community and attract such...
Panasonic strengthens hispanic ties. (Merchandising).(Brief Article)
May 12, 2003... SECAUCUS, N.J. -- Panasonic Consumer Electronics Co. has launched an marketing campaign consisting of print ads and two television commercials targeting Hispanic consumers. The ads, which are in Spanish, will appear in Hispanic media in New...
Navarro has always had knack. (Merchandising).(Navarro Discount Pharmacies has done well at catering to Hispanic community)
May 12, 2003... MIAMI -- Navarro Discount Pharmacies is an example of a mass market retail chain that has mastered the art of catering to a Hispanic community. Of course, the company had a head start in that effort.
Founded in Havana in 1940 by Jose...
Knowing the customer a must. (Hispanic Marketing).
May 12, 2003... NEW YORK -- Stocking the right products in the right quantities is the most basic requirement for attracting and keeping Hispanic consumers. Unfortunately, knowing what those products and quantities are is not a slam dunk.
"Retailers need...
Brand loyalty big factor in beauty. (Merchandising).(Beauty care represents area of opportunity for retailers wishing to attract Hispanic shoppers)
May 12, 2003... NEW YORK -- Beauty care represents one of the biggest areas of opportunity for retailers wishing to attract Hispanic shoppers. There are more than 17 million Latino women in the United States, and they use more beauty products than other...
A preference for fragrances. (Merchandising).(Fragrances are strong category in Hispanic market)
May 12, 2003... NEW YORK -- Along with beauty care, fragrances constitute one of the most vibrant health and beauty aids categories in the Hispanic market. Moreover, it is a category that can be interpreted broadly to include not only bath items but even...
Nash Finch fills need with AVANZA supermarkets. (Merchandising).(Brief Article)
May 12, 2003... MINNEAPOLIS -- One retailer taking a highly targeted approach to the Hispanic market is Nash Finch.
The food retailer and distributor has opened three specialized supermarkets for Hispanics under the AVANZA (Spanish for advance) banner....
Candy: an affordable indulgence everyone buys. (The Market).
May 12, 2003... The candy category has a lot to offer mass retailers: high margins, broad appeal and the ability to generate both store traffic and incremental sales.
National Confectioners Association (NCA) president Larry Graham notes that consumers...