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Article: Discounters' success is testing drug chains.(BEAUTY AIDS BEST-SELLERS)
- Article from:
- Chain Drug Review
- Article date:
- January 21, 2008
CopyrightCOPYRIGHT 2008 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Dollar sales in the beauty care category in drug stores grew 3.9% last year to $7.73 billion, according to Information Resources Inc. This compares with a 2.7% rise to $17.46 billion across the three mass market trade classes, excluding Wal-Mart Stores Inc.
The gain posted by drug stores lagged behind the 4.1% increase generated by discounters. When Racher Press estimates for Wal-Mart (which does not share data about individual product categories with market research firms) is included, the gap widens. Already the dominant force in beauty care, Wal-Mart generated a 5.6% increase last year to $10.8 billion. That performance brought the average gain for ...