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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. billion by 2030. Chemist Warehouse recently opened its first Irish superstore earlier this month.

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API rejects “opportunistic” $687m Wesfarmers bid

Inside Retail

The board said the bid’s timing was “opportunistic”, given the impact Covid-19 has had on its retail division, and that it is well placed to bounce back from any short-term struggles with substantial growth expected in the medium-term due to its place within the health, wellness and beauty sectors. “[We]

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Walgreens to Host Virtual Supplier Diversity Summit

Retail TouchPoints

Walgreens will use the Summit to increase sourcing from suppliers that are at least 51% owned, operated and managed by people who are disadvantaged, disabled, military veterans, LGBTQ+, minorities and/or women.

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“We have a lot of rebuilding to do”: Julie Mathers’ return to Flora & Fauna

Inside Retail

Just shy of a month since beauty conglomerate BWX fell into receivership, its e-commerce arms, Flora & Fauna and Nourished Life, have found a new home. Well, kind of. Mathers explained that all three brands play within the same space of ethical and sustainable health and wellbeing, but each brings their own twist on the formula.

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A Discussion of Sexual Wellness and Cosmetic Gynecology with Dr. Michael Reed

Retail Minded

Reed, a world-renowned leader in cosmetic and functional gynecology, is dedicated to destigmatizing sexual health and wellness for women everywhere and will also be a keynote speaker at STIMULATE’s premier trade show and conference in Nashville, TN on August 5-6.

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This week in property news

Inside Retail

As an integrated dining and entertainment destination, there will always be something new for Sydneysiders to discover at Ed.Square Town Centre,” said Felicity Armstrong, general manager of retail assets at Frasers Property Australia. Ed.Square Town Centre is scheduled for completion mid-2021.

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Hy-Vee awards $50,000 in grants to minority businesses

Mass Relators

Category: Innovation & Technology 1 st place – $5,000: Altruize, Beloit, WI About: Altruize is the first data management platform that is volunteer driven creating a centralized database with verified volunteer activities and easily accessible by all parties involved for seamless.