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NPD: Consumers remain focused on health, wellness

Mass Relators

It’s not all that shocking to note that over the course of the pandemic consumers focused more intensely on health and wellness. retail sales of products in health and wellness categories continue to match peak growth rates, according to The NPD Group. PORT WASHINGTON, N.Y.

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Health & Wellness Products Win Over Customers

Independent Retailer

There is no denying the pandemic has significantly modified the purchasing habits of consumers. According to research from the Global Wellness Institute , the wellness industry was measured at $4.3 Delivering convenient experiences that are easy to navigate is key to gaining interest from Gen X wellness consumers.

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

Mass Relators

consumers have grown accustomed to—and very comfortable with—the idea of receiving health services at their local pharmacies. Power finds retail health, wellness services thriving appeared first on MMR: Mass Market Retailers. TROY, Mich. With more than 258.1 According to the J.D. Power 2022 U.S. The post J.D.

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Wellness booms and so does the share price of pharmaceutical retailers

Inside Retail

Retailers within the pharmacy sector are evolving and exploring ways to best cater to consumers with the creation of one-stop-shop pharmacy retail spaces and superstores. Wesfarmers acquired Priceline’s parent company API in 2022 when CEO Rob Scott saw an opportunity to enter the fast-growing $25 billion health, well-being and beauty sector.

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4 Tips for Retail Businesses Hungry for Venture Capital Funding

Retail TouchPoints

Investment Darlings: Sustainability, AI and Personalization While the industry is rife with new brands designed to challenge the marketplace and offer consumers more pointed solutions, investors are considering the ripple effects of external forces, like inflation, that will undoubtedly impact the long-term ROI of their investments.

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CVS to Close 900 Locations Over Three Years, Focus on Three Store Formats as Part of Omnichannel Strategy

Retail TouchPoints

The store closures will begin in spring 2022 and are the result of CVS “evaluating changes in population, consumer buying patterns and future health needs to ensure it has the right kinds of stores in the right locations for consumers and for the business,” according to a company statement.

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4 Tips for Retail Businesses Hungry for Venture Capital Funding

Retail TouchPoints

Investment Darlings: Sustainability, AI and Personalization While the industry is rife with new brands designed to challenge the marketplace and offer consumers more pointed solutions, investors are considering the ripple effects of external forces, like inflation, that will undoubtedly impact the long-term ROI of their investments.