Department: HBC

  1. Department: HBC

Starbucks selling Evolution Fresh juices to Bolthouse Farms

Starbucks has reached a deal to sell its Evolution Fresh cold-pressed juice brand to Bolthouse Farms. Bolthouse is owned by the private equity group, Butterfly, which acquired the brand from The Campbell Soup Company in 2019 for $510 million transaction. Terms of the current deal have not been disclosed.
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  1. Department: HBC

Starbucks Sells Evolution Fresh To Bolthouse Farms

Starbucks announced yesterday that it is selling its Evolution Fresh business to Bolthouse Farms.  Terms of the deal were not disclosed. The announcement said that “Evolution Fresh is a leading producer of primarily organic, cold-pressed, premium juice products. By joining forces with Bolthouse Farms – the No. 1 super premium refrigerated beverage brand and largest […]
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  1. Department: HBC

Bolthouse Farms Acquires Evolution Fresh From Starbucks

SEATTLE–(BUSINESS WIRE)–Starbucks (NASDAQ: SBUX) and Bolthouse Farms today announced entry into a definitive agreement for Bolthouse Farms to acquire the brand and business of Evolution Fresh. The partners (employees) that support the business will also transition to Bolthouse Farms upon close of the transaction. Evolution Fresh is a leading producer of primarily organic, cold-pressed, premium […]
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  1. Department: HBC

Bausch + Lomb gets Health Canada approval for Lumify

VAUGHAN, Ontario — Bausch + Lomb Corp. announced that Health Canada has approved Lumify (brimonidine tartrate ophthalmic solution 0.025% w/v), the first and only over-the-counter eye drop developed with low-dose brimonidine tartrate to relieve redness of the eye due to minor eye irritations for adults. “With Health Canada’s approval of LUMIFY, we are excited to […]
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  1. Department: HBC

Household Products: Their Need to Go Green or Go Home

Empty shelves and $10 bottles of hand sanitizer….ah, those were NOT the days. But working from home, learning to cook for ourselves, and becoming increasingly more aware of how dirty the world can be has created a need for more household cleaning products. COVID-19 turned cleaning brands into lifestyle brands and built disinfecting habits consumers […]
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  1. Department: HBC

Olympian Sues H-E-B, Supplement Maker For Deceptive Marketing

The Dallas Morning News has a story about how a North Texas Olympic bronze medalist is suing H-E-B and a supplement manufacturer for deceptive marketing and trade practices. Here’s how the News frames the story: “After winning the bronze medal for the United States at the 2016 Olympic Games, Jaqueline Galloway began the long and […]
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  1. Department: HBC

Best Buy Revises Its FY23 Plans After Q1 Struggle

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some other brands, and that struggle has the company rethinking what lies ahead for it the rest of this fiscal year. While Best Buy stock continued to rise in early trading […]
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  1. Department: HBC

The GoodRx-Kroger Blowup: Spread Pricing, Pharmacy Margins, and the Future of Discount Cards

A few weeks ago, GoodRx surprised investors with the unpleasant news that a major grocery chain had stopped accepting its discount card for an unspecified number of prescriptions. As I explain below, the unnamed chain appears to be Kroger—the sixth-largest U.S. pharmacy. What’s more, GoodRx disclosed that Kroger accounts for an unexpected one-quarter of its […]
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  1. Department: HBC

3 big trends inspiring beauty innovations in 2022

Beauty and personal care (BPC) innovations that have really caught our attention so far in 2022 are tapping into interest in the metaverse, being vocal about value, and engaging consumers with some much needed escapism. 1. Brands utilise interest in the metaverse to blur digital and physical worlds The hype around the metaverse – that […]
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  1. Department: HBC

Peters, Rauch, Visalatha join Walgreens’ top management

DEERFIELD, Ill. — Walgreens this month added three executive positions to its leadership team, a move the national pharmacy chain said was made to bolster its retail, marketing and customer-experience offerings. The newest team members are Linh Peters, senior vice president and chief marketing officer; Luke Rauch, senior vice president and chief merchandising officer; and […]
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  1. Department: HBC

Pharmacy is ripe for a bigger role

PALM BEACH, Fla. — The retail pharmacy industry really demonstrated its value to the American health care system in its response to the COVID-19 pandemic, outgoing National Association of Chain Drug Stores chair Colleen Lindholz asserted during her remarks at the association’s Annual Meeting here last month. The challenge going forward will be to build […]
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  1. Department: HBC

New Meijer supercenters anchor growing areas

GRAND RAPIDS, Mich. — Meijer recently opened two new supercenters in northeast Ohio. Located in Brunswick and Canton, the 155,000-square-foot stores are considered retail anchors in developing communities, the company said in announcing grand openings at both locations. Each supercenter offers consumers a state-of-the-art retail experience that features multiple ways to shop, Meijer said. “These […]
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  1. Department: HBC

Elation pervades in-person NACDS meeting

PALM BEACH, Fla. — There was a distinctly celebratory air here during the NACDS Annual Meeting last month. Both NACDS president and chief executive officer Steve Anderson and incoming chairman Brian Nightengale, president of Good Neighbor Pharmacies, paid tribute to the role that community pharmacy and its suppliers filled during the height of the ongoing […]
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  1. Department: HBC

To Keep Up in Today’s Market, Retailers Must Be More than Competitive—They Must Be Dynamic

Retail is getting more competitive by the day. And while the retail landscape has become increasingly saturated over the last few decades, the 2020 e-commerce boom brought more options to the digital market than ever before. As a result, retailers and brands must strategize new ways to save time, boost profits, and grow—all while meeting […]
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  1. Department: HBC

Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […]
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  1. Department: HBC

Ulta Launches Retail Media Network, Sephora Likely Not Far Behind

Ulta Beauty is the latest retailer to launch a retail media network, aiming to tap into the growing pool of ad dollars flowing into closed-loop systems as marketers look beyond search engines and social media in preparation for a cookie-less future. Ulta’s new offering, which the retailer first announced in late 2021, is called UB […]
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  1. Department: HBC

Hy-Vee offers pediatric COVID-19 boosters

WEST DES MOINES, Iowa — Hy-Vee, Inc. announced Friday that free Pediatric Pfizer-BioNTech COVID-19 vaccine booster doses are now available by appointment only at select Hy-Vee Pharmacy locations for 5- to 11-year-olds at least 5 months after their second dose. Moderately to severely immunocompromised pediatric patients may also receive a booster dose at least 3 months after their […]
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  1. Department: HBC

Rite Aid offers COVID boosters for kids 5-11

PHILADELPHIA — Rite Aid will begin administering a booster dose of Pfizer’s COVID-19 vaccine at select locations for eligible children ages 5 to 11, following approval by the Centers for Disease Control and Prevention and the Food and Drug Administration, the company said Friday. Bartell Drugs, owned by Rite Aid Corp., will also begin administering boosters […]
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  1. Department: HBC

Demand for inclusivity in beauty gets louder: 25% of Gen Z feel left out of beauty advertisements

While the beauty industry has made strides to become more inclusive, there is still room for improvement. According to the latest research from Mintel, almost one in five (17%) US consumers feel left out of beauty advertisements, rising to a quarter (25%) of Gen Z consumers*. Cookie-cutter beauty standards are losing favor, as nearly half […]
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  1. Department: HBC

Rustlers adds another burger to its range

Rustlers is expanding its cook-in-box range with a Peri Peri Chicken Tenders Burger. The new burger is intended to provide customers with more choice and has a recommended retail price of £2.75. Elaine Rothballer, head of marketing for consumer brands at Rustlers owner Kepak, said: “From cold sandwiches and salads to wraps and pasta, chicken […]
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  1. Department: HBC

It’s Time to Put Innovative Contracts Under Warranty

Today’s guest post comes from Jane Barlow, Chief Clinical Officer, and Susan Raiola, President of Real Endpoints. Jane and Susan discuss the mechanism and benefits of warranties in the realm of value-based contracts. To learn more about payer-pharma warranty contracts and whether these agreements can solve issues that limit the utility of more traditional value-based […]
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  1. Department: HBC

Ulta Beauty to Debut New Retail Media Network

Ulta Beauty is joining several major retail chains by introducing a new retail media network. Known as UB Media, the network allows brands to send targeted ads on Ulta Beauty’s app, website and other digital channels, such as email. It also lets marketers use Ulta Beauty’s shopper data to better place ads across the web. […]
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  1. Department: HBC

Target’s Out-of-Stock SKUs Soar

Target’s online out-of-stock SKUs soared from 5% in 2020Q1 to 15% in 2022Q1 according to Earnest Research Retail Pricing data. Out-of-stock SKUs, a proxy for unavailable products, initially jumped in the beginning of the pandemic. Around 20% of Apparel & Accessories items listed on Target’s site were out-of-stock in 2021, compared to 14% in 2020. […]
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  1. Department: HBC

FMI launches new GM and HBC initiative

ARLINGTON, Va. — FMI – The Food Industry Association is launching a new initiative aimed at boosting general merchandise & health and beauty care (GM & HBC) sales in grocery stores. Led by consumer goods and retail industry veteran Tom Duffy, FMI’s new program will aim to “establish community engagement, a portfolio of insights and […]
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  1. Department: HBC

Ulta Beauty Launches Retail Media Network, UB Media

Ulta Beauty, the nation’s largest beauty retailer, today announced the launch of its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards members, the biggest community of beauty enthusiasts in the industry. This new capability will deliver a winning digital strategy for brand partners to personalize consumer engagement, drive growth, and fuel measurable returns.
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Editor’s Choice

  1. Department: HBC

Is Your Brand Meaningfully Different?

As marketing professionals, we’d like to share a quick lesson in one of the fundamentals of marketing having to do with relevance, what we call being “meaningfully different.” Marketers know it’s not enough to be merely relevant to be worthy of a customer’s admiration and loyalty. Something must be relevantly different to attain this status. […]
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  1. Department: HBC

Plant-Based Meat Receives Celebrity Boost as Kim Kardashian Joins Beyond Meat

Recently, US-based plant-based meat maker, Beyond Meat, announced that professional tastemaker, icon and entrepreneur, Kim Kardashian, has become their new “chief taste consultant”, in addition to starring in a new campaign focused on the brand’s mission of health and sustainability. “As an icon synonymous with impeccable taste in food, fashion, beauty and more, Kim will highlight […]
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  1. Department: HBC

E-Grocery Consumer: Price Sensitivity & Future Usage Outlook; Live Shopping

How do consumers view e-grocery platform pricing compared to in-store? In our latest study tracking 1800 online grocery shoppers it was clear that the online grocery players fall into 3 tiers in terms of consumer price perception. First, is Walmart.com which is by far perceived as being most fair / cheapest as the vast majority of […]
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  1. Department: HBC

Pepsi steps away from Super Bowl Halftime Show amid strategic pivot

Dive Brief: Pepsi announced on Twitter that it will no longer sponsor the Super Bowl Halftime Show, a midgame extravaganza it has held the rights to for the past decade. While the brand is stepping away from that particular event, its parent company, PepsiCo, is renewing a larger partnership with the NFL that covers a wide portion […]
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  1. Department: HBC

Kohl’s to Launch 100 Small Format Stores in Untapped Markets

In a bid to get closer to customers and enter new neighborhoods, Kohl’s said Wednesday (May 25) that it was launching a sweeping store investment program that will see the addition of 100 new small-format locations over the next four years. The announcement coincides with the retailer’s Investor Day meetings and marks the latest effort […]
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