Chain Drug Review back issues from June 1994:
Health plan top priority at NACDS. (National Association of Chain Drug Stores)
Jun 06, 1994 ... ALEXANDRIA, Va.--Toward the end of the first week of February 1994 two buildings recently purchased by the National Association of Chain Drug Stores for expansion were still shells. By the following Monday they housed fully furnished, partitioned offices outfitted with computers, telephones, ...
Ziegler leads drive to enact reform plan. (National Association of Chain Drug Stores President and CEO Ron Ziegler)
Jun 06, 1994 ... ALEXANDRIA, Va.--Community pharmacy has more than a just right to press for passage of the Clinton health care reform plan, according to National Association of Chain Drug Stores president and chief executive officer Ron Ziegler. It has a responsibility.That's the essence of NACDS' ...
Thrifty PayLess fills executive ranks. (Thrifty PayLess Inc.)
Jun 06, 1994 ... WILSONVILLE, Ore.--Thrifty PayLess Inc. moved ahead with the formation of the management team that will lead it by appointing six more senior vice presidents.The newly named executives at the chain, created by the merger of Thrifty Corp. and PayLess Drug Stores, are: * ...
Longs is optimistic about future. (Longs Drug Stores Corp.)
Jun 06, 1994 ... WALNUT CREEK, Calif.--The tone of Longs Drug Stores' annual meeting in May was one of optimism. Besides reelecting four people to the board of directors of the 307-store chain, stockholders were given an overview of the retailer's progress in 1993 and updated on plans for the future. ...
FTC examines proposed merger of Revco, HSI. (Federal Trade Commission; Revco Drug Stores Inc.; Hook-SupeRx Inc. Hooks Drugs)
Jun 06, 1994 ... TWINSBURG, Ohio--The Federal Trade Commission (FTC) has asked both Revco D.S. and Hook-SupeRx Inc. (HSI) to supply it with additional information to determine if the merger of the drug chains would lead to violations of antitrust laws in some of the markets that they serve. The FTC is ...
Woolworth executives cleared. (Woolworth Corp.)
Jun 06, 1994 ... NEW YORK--Woolworth Corp., whose retail operations include the Rx Place drug chain, has released a report clearing senior executives of wrongdoing in regard to accounting irregularities, while simultaneously blaming them for creating a business climate leading to inaccurate financial ...
Net income soars at FoxMeyer. (FoxMeyer Corp.)
Jun 06, 1994 ... DALLAS--Closing with a strong fourth quarter FoxMeyer Corp. reported geometric gains in operating, pretax and net income during fiscal 1994, when measured against prior-year results that were impacted by a major unusual item.The giant drug wholesaler posted net profits of $26.9 ...
Strong sales at CVS boost Melville results. (C.V.S. H.C. Inc.; Melville Corp.)
Jun 06, 1994 ... RYE, N.Y.--Melville Corp., aided by what was evidently a solid performance from CVS and the benefits of last year's moves to eliminate underperforming divisions and stores, shaved away much of its deficit during the first quarter of 1994.The diversified specialty retailer reported ...
Longs posts 19.3% gain in earnings. (Longs Drug Stores Corp.)
Jun 06, 1994 ... WALNUT CREEK, Calif.--Propelled by a big run-up in gross margins, Longs Drug Stores tallied a 19.3% jump in earnings before a onetime accounting item on a 2.4% sales increase during the period ended April 28.First quarter net reached $13 million, up from $10.9 million a year ...
Pathmark significantly narrows losses for year. (Pathmark Stores Inc.)
Jun 06, 1994 ... WOODBRIDGE, N.J.--Comparing against a prior year that was burdened by a huge write-off, a recapitalized Pathmark Stores significantly narrowed its losses during the year ended January 29.Excluding the effects of accounting changes and onetime losses on early debt extinguishment, ...
Chain drug industry finds that less is more. (Industry Overview)
Jun 06, 1994; ... In the wake of several recent acquisitions and mergers, consolidation has become the talk of chain drug retailing. And indeed, with the imminent departure of such names as Hook Drugs, Brooks Drug, SupeRx Drugs, LaVerdiere's Super Drug Stores and Thrifty Drug Stores Inc.--all victims of ...
NACDS Marketplace Conference expected to set attendance mark. (National Association of Chain Drug Stores) (Marketplace '94 Preview)
Jun 06, 1994 ... ALEXANDRIA, Va.--The National Association of Chain Drug Stores Marketplace Conference, the industry's premier event for building and strengthening trade relations, is once again expected to attract record numbers of retailers and suppliers. Scheduled to run from June 19 through June 22 at ...
Futterman on the state of the industry. (National Association of Chain Drug Stores Chairman Jack Futterman)
Jun 06, 1994 ... The following remarks are taken from the speech delivered by Jack Futterman, chairman and chief executive officer of Pathmark Stores Inc. and new chairman of the National Association of Chain Drug Stores, at the NACDS Annual Meeting in Palm Beach, Fla., in April.As I prepared my ...
Doing business in Mexico to be focus of symposium. (Marketplace '94 Preview)
Jun 06, 1994 ... ALEXANDRIA, Va.--With the North American Free Trade Agreement sure to open up opportunities for U.S. retailers and suppliers south of the border, this year's National Association of Chain Drug Stores Marketplace Conference will feature a symposium entitled "Doing Business in Mexico." The ...
Glammy awards to honor chains, suppliers. (Glamour magazine) (Marketplace '94 Preview)
Jun 06, 1994 ... NEW YORK--For the third consecutive year Glamour magazine and the National Association of Chain Drug Stores will present Glammy awards to both a large and a small drug chain and the suppliers that worked with them to develop the best in-store beauty promotions during the past year. ...
Ethnic cosmetics category emerges as a force at chains.
Jun 06, 1994 ... NEW YORK--As cosmetics suppliers recognize the untapped spending power of women of color, they are coming out with more and more products designed specifically for them. As a result, the ethnic cosmetics category has emerged as a potent market segment in chain drug stores."Women of ...
Pavion targets Hispanic market. (Pavion Ltd.)
Jun 06, 1994 ... NEW YORK--The fastest-growing segment of the U.S. population has until very recently been the most neglected by cosmetics manufacturers, and Pavion Ltd. is one firm that has taken steps to rectify that.The number of Hispanics in this country is growing six times faster than the ...
Ethnic hair care arena is poised for growth.
Jun 06, 1994 ... NEW YORK--With African-American women continuing to embrace a multitude of hairstyles, the ethnic hair care category has come to encompass an unusually wide array of products."African-American women have traditionally been willing to experiment," says General Therapeutics Inc ....
Hair coloring products gain ground.
Jun 06, 1994 ... NEW YORK--African-Americans are demonstrating a strong interest in hair coloring products. Recognizing that trend, manufacturers are expanding the selection of items targeted to them."African-Americans can trace the practice of coloring their hair back to the time of Cleopatra," ...
Consumer education key to growth in antiseptics.
Jun 06, 1994 ... NEW YORK--Although most industry observers classify antiseptics and antibiotics in the first aid/topical wound care category, the wide variety of healing products for such problems as cuts, sunburn and mouth sores often leads to confusion among retailers and consumers.Warner ...
PolyMedica introduces Spyrofelx. (PolyMedica Healthcare Inc.)
Jun 06, 1994 ... NEW YORK--The dynamics of the first aid and wound care category may change significantly as a result of the introduction of bandages designed to be left in place for extended periods of time.The products, which continuously keep wounds moist, are slowly being transferred from the ...
Curad debuts Flintstones bandages. (Kendall-Futuro Co.'s new bandage product line)
Jun 06, 1994 ... Latest in series from Kendall-FuturoCINCINNATI--With the promise of "modern relief for stone age boo-boos," Kendall-Futuro Co. is introducing a line of Curad adhesive bandages featuring characters from "The Flintstones," an animated television series.The licensing ...
J&J remains no. 1 in bandage category. (Johnson and Johnson Consumer Products Inc.)
Jun 06, 1994 ... NEW YORK--Paced by strong sales of its venerable Band-Aid adhesive bandages, Johnson & Johnson Consumer Products continues to dominate the wound care and first aid category.Excluding the $148.4 million antiseptic market first aid products generated $201.1 million in sales at drug ...
Banana Boat aims at no. 2 spot.
Jun 06, 1994 ... UV index encourages use of sunscreensNEW YORK--Early into the sun care season two noteworthy trends have emerged in the $561 million category of which the mass market accounts for over $300 million. The first is the emergence of Sun Pharmaceutical's Banana Boat as a strong player ....
McAlear begins the process of integrating Thrifty, PayLess. (merged companies Thrifty Drug Stores Inc. and PayLess Drug Stores president and CEO Tim McAlear)
Jun 20, 1994 ... WILSONVILLE, Ore. -- As Thrifty PayLess Inc. president and chief executive officer Tim McAlear wrestles with the inevitable headaches of integrating the Thrifty Corp. and PayLess Drug Stores groups into the nation's third largest drug chain, he can be forgiven if he thinks back to 1992 when ...
Former Phar-Mor execs square off. (former Phar-Mor Inc. president Mickey Monus, involved in cases of fraud, money laundering and tax evasion; former Phar-Mor Inc. CFO Patrick Finn, government's star witness against Monus)
Jun 20, 1994 ... CLEVELAND -- For years, Mickey Monus and Patrick Finn worked together to help lead Phar-Mor Inc. to apparent financial success. But now they are squared off against each other in what federal prosecutors have described as perhaps the largest white-collar fraud case ever.Monus, the ...
Walgreens will enter Philadelphia in 1995.
Jun 20, 1994 ... DEERFIELD, Ill.--Walgreen Co. made it official at the end of May, announcing it would enter the Philadelphia market in the fall of 1995.With sources close to the 1,913-unit drug chain indicating that Philadelphia would be its next major expansion target, Walgreens announced that it ...
May's aims to solidify top position in Tulsa drug store market. (May's Drug Stores Inc.; Tulsa, Oklahoma)
Jun 20, 1994 ... TULSA, Okla. -- In the 57 years since May's Drug Stores Inc. opened its first outlet here the chain has seen the local economy rise and fall along with the fortunes of the oil business. Through it all the privately held retailer has demonstrated resilience and a willingness to embrace ...
Chain opens 14th drug warehouse; May's takes double-barreled approach to growth. (May's Drug Stores Inc.; Ponca City, Oklahoma)
Jun 20, 1994 ... May's takes double-barreled approach to growthPONCA CITY, Okla. -- Many retailers would be dissuaded from opening a store in a small town that already claims two major discounters and seven independent pharmacies, but May's Drug Stores Inc. remains undaunted.With the ...
Leiner meets USPC guidelines for vitamins. (Leiner Health Products Inc.; US Pharmacopeial Convention Inc.)
Jun 20, 1994 ... TORRANCE, Calif. -- Leiner Health Products has become the first manufacturer to meet newly developed standards of purity and potency for vitamins and nutritional supplements. To comply with the new guidelines, Leiner has reformulated its entire line of Your Life brand and private label ...
American Drug Stores operating profits up 11.6%.
Jun 20, 1994 ... SALT LAKE CITY--American Drug Stores parlayed a tight rein on expenses and a modest sales gain into an 11.6% rise in operating profits during the first quarter of fiscal 1994.The operator of Sav-on Drugs and Osco Drug outlets produced operating income to $48 million over the 13 ...
H&BA dollar sales growth slows to 1.5% for quarter. (health and beauty aids departments; 1st qtr. 1994) (Industry Overview)
Jun 20, 1994; ... Health and beauty aids departments experienced decelerated sales growth during the first quarter of 1994 in drug stores. First quarter dollar sales advanced 1.5%. This compares with a 4.4% increase in the fourth quarter of 1993 and a 5.8% gain in the third quarter of 1993. On an annualized ...
An eventful six months for the chain drug industry. (Industry Overview)
Jun 20, 1994; ... It's NACDS Marketplace Conference time again. Time to review the chain drug industry's first half.As usual, it's been an eventful and exciting six months, a period that has seen huge acquisitions and significant management changes, strong performances and teasing questions, ...
Mass retailers adapt to needs of a changing marketplace.
Jun 20, 1994 ... NEW YORK -- With the industry entering what Management Horizons describes as the third wave of retailing, mass marketers face new challenges on a number of fronts.While the first two waves of retailing were driven by merchandise and store expansion, the third is being propelled by ...
Deep discounters back on track. (deep discount drug stores)
Jun 20, 1994 ... Well positioned for greater gainsNEW YORK -- As a group, deep-discount drug store operators have had their ups and downs in recent years, but the basic formula that made them such a hit with consumers continues to work. "Shopping deep-discount drug stores combines the strong ...
Convenience is lure of combos. (food/drug combination stores)
Jun 20, 1994 ... NEW YORK -- The food/drug combination store is the format that initiated the popularity of hybrid outlets in mass market retailing. Like most retailers, operators of food/drug combos face new challenges in the 1990s, but the same attributes that originally made the format a winner with ...
CDR/Towne-Oller report finds that drug chains lead in H&BAs.
Jun 20, 1994 ... NEW YORK -- Perhaps Walgreen Co. president and chief operating officer Dan Jorndt put it best when he said, "The bigger the big stores get the less convenient they become, and probably the less you want to go there if you only have 5 or 10 minutes. Convenient, 10,000-square-foot stores make ...
Drug chains have big advantage in Rx to O-T-C products. (prescription to over-the-counter products)
Jun 20, 1994 ... NEW YORK -- One of the segments of health care in which drug chains are strongest is the sale of pharmaceutical products that have been converted from prescription to over-the-counter status.A look at the 10 top-selling prescription to O-T-C drugs as tracked by the Towne-Oller & ...
Fastest growing categories play critical role at chain drug stores. (top new products at drug store chains)
Jun 20, 1994 ... NEW YORK -- The real question that people should be asking is not why drug stores have lost market share in health and beauty aids, but how they have been able to maintain dominance in the category despite fierce competition.Perhaps the answer lies in the savvy of drug chains and ...
Panasonic rechargeables meet exacting standards. (Panasonic Industrial Co.; rechargeable batteries)
Jun 20, 1994 ... SECAUCUS, N.J. -- In keeping with today's more demanding energy requirements, Panasonic Industrial Co.'s new line of rechargeable batteries can be ready for use in as little as three hours and hold their charge up to 25% longer than ever before."Such products as electronic toys and ...
Del Laboratories attains new heights.
Jun 20, 1994 ... FARMINGDALE, N.Y.--If you're a chain drug retailer, you have to like the things that Del Laboratories Inc. is doing these days. Indeed, Del is developing more and more creative initiatives than companies twice its size."All of our brands are gaining market share," says chairman, ...
New commitment to fragrances at L'Oreal marked by V debut.
Jun 20, 1994 ... NEW YORK--In an effort to expand its presence in the beauty aids business, Cosmair Inc.'s L'Oreal cosmetics and fragrance division, which is best known as a supplier of skin treatments and color cosmetics, has started to bolster its efforts in the fragrance category."We are seeing ...
L'Oreal launches 'the next generation of hair coloring.'
Jun 20, 1994 ... NEW YORK -- Promising a new generation of permanent hair color, the L'Oreal hair care division of Cosmair Inc. is set to introduce its Excellence Creme line, which is being billed as the first cream hair color for home use. Set to ship in September, the 26-color line is designed to provide ...
Coty continues to show bold spirit with unique intros. (Coty Inc.; perfumes)
Jun 20, 1994 ... NEW YORK--Launching a truly distinctive fragrance always invites controversy, says Coty Inc. president Jerry Abernathy.With that in mind, Coty--the leading mass market fragrance manufacturer--kept the projections conservative for its Vanilla Fields rollout. Because of the product's ...
J&J urges chains to expand in home health care. (Johnson and Johnson; drug store chains)
Jun 20, 1994 ... NEW BRUNSWICK, N.J. -- Johnson & Johnson Home Health Care product director Stephen Aronson is urging drug chains to expand their participation in the booming home health care category. "The key message I would like to get across to drug chains is that they need to decide whether they want to ...
P&G hones cosmetics offerings. (Proctor and Gamble Co.)
Jun 20, 1994 ... CINCINNATI -- The need to improve cost efficiencies for both retailers and suppliers is today's overriding issue in the cosmetics category, and Procter & Gamble Co. (P&G) is meeting that need head-on. "The whole cosmetics category is under increasing financial scrutiny," says cosmetics and ...
New products, acquisitions generate growth at Ciba. (Ciba Consumer Pharmaceuticals)
Jun 20, 1994 ... WOODBRIDGE, N.J.--Growth is the operative word at Ciba Consumer Pharmaceuticals.In its first 11 years of existence the subsidiary of Ciba-Geigy Corp. (the giant Swiss chemical and pharmaceutical maker) has used innovative product introductions, acquisitions and licensing agreements ...
Neutrogena's TV ad campaign bows. (Neutrogena Corp.'s first TV advertising campaign for its Heat Safe hair care product)
Jun 20, 1994 ... LOS ANGELES -- Forty years after it introduced its initial skin cleanser, Neutrogena Corp. has launched its first network television advertising campaign. President Shelly Zimbler says that the subject of the ads, the new hair care product Heat Safe, represents a major opportunity for ...
LaLoren unveils home fragrances.
Jun 20, 1994 ... STOUGHTON, Mass.--Building on the success of its Sarah Michaels bath and body care brand, LaLoren Inc. is launching a home fragrance line that will be marketed under the Sarah Michaels name.Debuting at the National Association of Chain Drug Stores Marketplace Conference in New ...
Health-Tech helps boost profitability of breath fresheners.
Jun 20, 1994 ... PATTERSON, N.J. -- Health-Tech Inc. made one of the most significant product introductions in its 18-year history at last year's National Association of Chain Drug Stores Marketplace Conference. In an effort to bolster profitability in the breath freshener category and complement its ...
Beiersdorf begins U.S. launch of Nivea Visage.
Jun 20, 1994 ... NORWALK, Conn.--Executives at Beiersdorf Inc. knew that Nivea Visage antiwrinkle cream was going to be a hot product when they received the results of a test by a leading French consumer magazine. A panel of women brought together by the Paris-based consumer magazine 50 Millions de ...
Bonne Bell harnesses power of youth market in H&BAs. (health and beauty aids)
Jun 20, 1994 ... LAKEWOOD, Ohio -- Over its 67-year history Bonne Bell Inc. has developed an unmatched ability to harness the power of the youth market to provide retailers with increased profits in a health and beauty aids category generally characterized by slow growth."We have focused all our ...
Commitment to retailers sets Pope & Talbot apart.
Jun 20, 1994 ... PORTLAND, Ore.--Pope & Talbot Inc. has one ambitious, if simple, goal. "We want to be the premier private label supplier in every category in which we participate," says director of marketing Jerry Jacobsen.Right now those categories include bathroom tissue, paper towels, paper ...
Marvel experiences phenomenal growth. (Marvel Entertainment Group Inc.)
Jun 20, 1994 ... NEW YORK--Marvel Entertainment Group inc. has a 30-year heritage as the country's leading comic book publisher. But it's in the past three years that the firm has experienced phenomenal growth.Comics are now just one part of a diversified company whose operations include films, ...
J&J extends Clean & Clear line. (Johnson and Johnson Consumer Products Inc.; facial cream cleanser)
Jun 20, 1994 ... SKILLMAN, N.J. -- Johnson & Johnson (J&,J) Consumer Products Inc. is planning an ambitious promotional campaign to support the launch of its new facial cream cleanser. J&J's new cream cleanser represents an extension of the supplier's Clean & Clear line of facial care products. The new ...
Redmond launches Aussie Intermissions conditioner. (Redmond Products Inc.; color enhancing hair conditioner)
Jun 20, 1994 ... CHANHASSEN, Minn.--Following up on the immense success of Aussie Intermissions color enhancing shampoo, Redmond Products Inc. has launched Aussie Intermissions color enhancing conditioners.The shampoos and conditioners form the first "color on color" system designed to enhance and ...
Fran Wilson makes big marketing push.
Jun 20, 1994 ... NEW YORK -- Although American women love fashion, the cosmetics from Fran Wilson Marketing have thus far found their biggest audience abroad. "We currently sell about 70% of our products through export," says vice president of sales and marketing David Leib. "Asia, especially Japan, is a ...
Targeting chain drug market pays off for Dial. (Dial Corp.)
Jun 20, 1994 ... PHOENIX -- Dial Corp., which manufactures laundry detergents and household cleaners as well as soap and skin care products, began targeting drug chains just three years ago. Since then it has seen its Purex laundry detergent line rise to the No. 2 position in the category in that trade ...
Cabot bolsters retail presence with revamped skin care line. (Cabot Laboratories Inc.)
Jun 20, 1994 ... NEW YORK -- Cabot Laboratories Inc., which spearheaded the formulation of vitamin E skin care products 24 years ago, has been re-engineered for an all-out drive on the mass market. Long known as an authority on topical vitamin-based skin care, Cabot is focusing on chain drug stores and other ...
Cool Ray sunglasses continue to thrive at drug chains.
Jun 20, 1994 ... AMITYVILLE, N.Y. -- The name recognition of few product lines exceeds that of Cool Ray sunglasses. For close to 50 years the brand has been a staple in most drug chains, and it continues to thrive despite increased competition.A prime reason for the success of the Cool Ray line, ...
Rexall Sundown grows rapidly.
Jun 20, 1994 ... BOCA RATON, Fla. -- Quality products, competitive pricing, superior customer service: adherence to those three principles has helped Rexall Sundown Inc.'s Sundown Vitamins become a leader in the increasingly competitive vitamin and supplements category."We offer more SKUs, more ...
Leiner enhances Your Life vitamins. (Leiner Health Products Inc.)
Jun 20, 1994 ... TORRANCE, Calif.--As consumers look for ways to stay healthy, Leiner Health Products Inc. is reinforcing its position as one of the nation's leading suppliers of vitamins. In fact, according to a company spokeswoman, its Your Life, Pharmacists Formula and Natural Life brands make it the ...
Roman Research extends earring line.
Jun 20, 1994 ... PEMBROKE, Mass. -- Roman Research Inc. is emphasizing the healthfulness of its Simply Whispers earrings with the launch of a range of products at the National Association of Chain Drug Stores Market-place Conference in New Orleans.Under the slogan, "beautiful ears without the ...
Numark revitalizes established prescription products. (Numark Laboratories Inc.)
Jun 20, 1994 ... EDISON, N.J .---A key part of Numark Laboratories Inc.'s marketing strategy is the revitalization of mature and long established prescription brands. Over the last several months the company has acquired two prescription drugs that have enjoyed longtime success: Melfiat (phendimetrazine ...
Barnett builds on success of hangover relief medication. (Barnett Laboratories Inc.)
Jun 20, 1994 ... HOUSTON -- Barnett Laboratories Inc. has picked the National Association of Chain Drug Stores Marketplace Conference as the setting for the introduction of its XS hangover relief caplets.The caplets, which will begin shipping October 1, are designed to complement the XL hangover ...