USA news

11 February 2013
Having promoted Joseph Magnacca to Executive Vice President on February 1st, Walgreens has announced his departure from the company. Critical role in company strategy The final role held by Mr Magnacca before his departure was that of President of Daily Living Products and Solutions. Joseph Magnacca was credited with being the driving force behind the Duane Reade urban model which included...
11 February 2013
At IGD we keep a close eye on innovation and developments in our  industry.  Here are our latest top picks from around the world.  McCain multi-sensory bus stop ads When McCain launched its new Ready Baked Jackets, it created 3D bus stop adverts containing heating elements. As people activated them, they released  the smell of slow-baked jacket potatoes. The posters were located at bus  shel...
07 February 2013
Brazilian drugstore operator Drogaria Onofre has been acquired by the US chain CVS Caremark, for an undisclosed amount.  CVS's first international acquisition This acquisition was hinted at in local US media back in December 2012, when the press said that CVS could buy a stake of around 80% in the Brazilian chain.  CVS's chief executive, Larry Merlo, was quoted: "We view Brazil as an a...
07 February 2013
We highlight the stores you’ve looked at the most on Retail Analysis in January Aldi, Atherstone, UK : an increasingly potent format Source: IGD research With the discount channel growing rapidly, this store demonstrates many of the reasons why discounters are trading so successfully. The store has developed its product range through investing in NPD acr...
06 February 2013
You might have heard of 'gamification' – it's becoming an industry buzzword as consumer goods companies use it to engage with shoppers, reward loyalty and gain a competitive edge. We explain how it's developing and how it could help keep your businesses agile. What is 'gamification'? Gamification, in simple terms, is applying the principles of video or computer games to other contexts. Th...
31 January 2013
With the 47th Superbowl taking place next Sunday, February 3rd, the major US grocery retailers are focusing this week on maximising the trading opportunities. As the largest sporting event in the US, and one of the largest globally, what are the key focus areas for the retailers? Game themed flyers used almost universally With weekly flyers a key promotional tool for retailers in the US , m...
30 January 2013
Amazon has announced net sales up 27% for 2012, with high demand for the Kindle Fire HD tablet helping drive growth; despite this operating income for the year was down 22%. Strong Christmas season In North America, full year sales were up 30% and were similarly high in Q4, showing a 23% increase, in US dollar terms.  Internationally, sales were up 20% in the fourth quarter and grew by 23...
28 January 2013
Target has revealed its range of private brands, exclusive partners and limited time collections that will be available to Canadian shoppers when its first stores open in the country in March and April. Private label will support value credentials in grocery Many of the brands are recognised Target ranges which are currently available through its US stores. These include its food and co...
24 January 2013
Target has appointed Jason Goldberger as Senior Vice President of Target.com and Mobile. Strong track record in developing online businesses Goldberger will join Target on February 11th and will be responsible for all areas of the retailer’s e-commerce operations, including user experience, merchandising and analytics. He brings with him a wealth of experience in online retailing. Most re...
22 January 2013
At the company's recent annual meeting held in Chicago, Walgreens confirmed to shareholders that it will continue to push the envelope of traditional drugstore retailing. Moving forward, the company will focus on three growth areas, one of which is directly related to the strategic partnership with Alliance Boots. Positioned for long term growth The three strategic objectives identified by...