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J.D. Power finds retail health, wellness services thriving

Mass Relators

Pharmacy Study, released Thursday, the evolution toward health and wellness services—in addition to medication management—may be the key to the future of the retail pharmacy industry as it contends with growing threats from online retailers. Of that group, 38% say they “definitely will” switch pharmacies in the next 12 months.

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Wellness booms and so does the share price of pharmaceutical retailers

Inside Retail

Wellness has become a priority for people in the wake of the pandemic as evidenced by the surge in demand for health and well-being products, which is projected to reach $5.2 trillion in managed assets. million, whilst the beauty-focused EAORON-branded skincare products accounted for $4.6 billion by 2030.

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Hy-Vee promotes three executives

Mass Relators

He held many retail store operations and management positions within Hy-Vee, and in 2006 he was promoted to assistant vice president, operations, northwestern district. He worked off and on at the store while in college, as well as at the Cedar Falls, Iowa, store. After graduating, he served in various operations leadership roles.

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Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

A demand for counterfeit goods was thus sparked, fuelling a boom for local manufacturers and leading China to become the top global market for the production and sale of fake goods. These brands, often unique or even unknown to the market, satisfied the desire for individuality. The Decline of the West.

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Dilmah CEO Dilhan Fernando on how Gen Z is breathing new life into tea

Inside Retail

In the global tea category, we’re very much a speciality tea in a market that has become commoditised – and that was accelerated by the GFC, which led too many wonderful owner-operators and family-run businesses to change hands and so we’ve had the emergence of several large operations that control the category.