Health & beauty and drugstores news

20 March 2023
CK Hutchison reported its retail revenue (A.S. Watsons) fell by 2.0% to HKD169.6 bn (US$21.9 bn), and its earnings (EBITDA) decreased by 11% to HKD14.3 bn (US$1.8 bn) in its full year 2022 results. In local currencies, its total revenue increased by 6%, while EBITDA declined by 2%. Performance of A.S. Watsons across different markets and businesses • Healthy and Beauty China sales decreased...
15 March 2023
After a 17-year absence, Sephora is back in the UK with a bang! Sephora returned to the UK market in autumn 2022 as an online-only offering, opening its flagship store in Westfield London, White City on 8 March. Last week we attended the store launch, alongside over 1,000 beauty fans, some of whom had camped out overnight to be one of the first to enter the new stores’ doors! Pop legends, Suga...
25 January 2023
Rossmann announced its record sales of €12.2 bn in 2022, a growth of 9.5% compared to 2021. The drugstore operator celebrated its 50 th anniversary and completed 2022 with 4,514 stores across eight European countries. Sales performance Rossmann Germany saw an increase in sales by 7% to €8.5 bn in 2022 and completed the year with 2,263 stores. The group also performed well outside of German...
13 December 2022
Loblaw is opening four additional pharmacist-led clinics in Alberta following the success of its first location in the province. The retailer launched this new model in Lethbridge in June. Expanded role for pharmacists The new clinics are being developed following a change in the province to expand the scope of pharmacists. This enables them to assess patients and prescribe medications for ...
02 November 2022
Walmart plans to open 16 new health centres in Florida next year. We look at how the concept is evolving and what it means for Walmart’s business model. Almost 50 facilities operational by end of 2023 The new Walmart Health facilities will open next to existing Supercenters in Jacksonville, Orlando and Tampa. The retailer first launched the concept in 2019, offering primary and urgent care,...
18 October 2022
Sephora Singapore launched its first “Store of the Future” at its Raffles City outlet, Singapore, in September 2022. We recently visited the store to observe how the latest concept combines technology, personalised services and classes to win shoppers. Source: IGD Research Excitement even before entering the store Source: IGD Research Source: IGD Research Before ente...
25 August 2022
Boots is expanding its partnership with Deliveroo to 125 stores across the UK. Expansion follows successful trial Following a successful trial in 14 stores , Boots is rolling out the rapid delivery service to 125 stores across the UK. The service will be available in new cities such as Belfast, Bristol, Glasgow and Manchester. For regions that were part of the trial, including Birmingham, ...
16 August 2022
Superdrug has launched a new weekly discount promotion, ‘Feel Good Fridays’, as it looks to help shoppers during the cost-of-living crisis.   Exclusive to Superdrug’s Health & Beautycard members According to Superdrug, the weekly discount promotion is one of the biggest weekly discounts the retailer has ever run. It offers Health & Beautycard members up to 60% off across a selection of prod...
16 August 2022
Superdrug and Watsons’s parent company A.S. Watsons released its first half results. The retailer’s performance was mixed across its operations in China and other regions. COVID-19 still posing a threat to performance in mainland China The group’s total revenue increased by 3% in the first half to HK$84.9 bn (US$10.9 bn), while EBIT declined by 12% to HK$4.3 bn (US$552.6m). The decline w...
05 August 2022
With the rise in consumer interest in health and wellness driven by the pandemic, Watsons in China announced the launch of a Health Care zone that offers a range of healthcare products and services online and in stores. The Health Care zone provides a seamless O+O (Offline plus Online) shopping experience Along with launching online, the Health Care zones will feature in over 1,200 stores...