Consumers seek brands with a mission
Authentic. Cause-related. Good for you. That’s what many of today’s shoppers — especially the 77 million millennials throughout the country — want in the products they buy, and beauty is no exception. This has given rise to an array of beauty brands that promise to do much more than enhance one’s physical appearance.
According to data from the NPD Group, the natural personal care market has experienced double-digit growth since 2008, and has seen a compound annual growth rate of 11.3% over the last five years. It is projected to post an increase of 9.2% to reach $46 billion in 2018.
“Although growth numbers have settled, many factors — including a focus on new natural ingredients, the opening of new channels of distribution and a consumer movement demanding greater transparency in labeling — are stimulating the industry. Moreover, marketers are offering products designed for specific demographic groups like men and babies, thereby opening up greater opportunities,” said Carrie Mellage, VP of Kline’s Consumer Products practice, when releasing the data.
Looking to appeal to these shoppers, several beauty brands have entered the spotlight, such as Out of Africa, which contributes 15 cents with each purchase of its natural formulations to help provide education to women and children in West Africa. There’s also Sundial’s SheaMoisture, which offers bath and body, hair care, men’s and children’s products made with certified-organic and ethically sourced ingredients. SheaMoisture ethically sources its shea butter from seven women’s co-ops in Northern Ghana and works directly with the women to pay above market prices for their shea butter.
Report: Hy-Vee embarks on aggressive growth plan
SPRINGFIELD, Ill. — The new Hy-Vee new store in Springfield, Ill., which marks the grocer’s 238th store in eight Midwestern states, is part of an aggressive growth plan, according to a local news report.
Hy-Vee chairman, president and CEO Randy Edeker told the State Journal-Register that the $20.8 million investment in the new Springfield location, which includes a pharmacy, is part of an aggressive growth plan that involves opening new stores, updating existing locations and branching out into new markets.
By the end of its fiscal year in September, Hy-Vee will have opened four new stores, including the Springfield store, expanded or remodeled 10 stores, relocated two and opened 16 convenience stores, the article states.
Furthermore, the company plans to open a new store is planned for Bloomington in the fiscal year that begins Oct. 1, and land has been purchased for a second store in Peoria, the article states. The company also just announced plans to expanding into the Minneapolis market
Progress report: Transatlantic Taskforce on Antimicrobial Resistance has adopted 17 recommendations
WASHINGTON — The U.S. Department of Health and Human Services and the European Commission on Tuesday released the first progress report of the Transatlantic Taskforce on Antimicrobial Resistance. The report renews the commitment of U.S. and European Union health authorities to pursue specific goals in their joint battle against antimicrobial resistance.
“The partnership offers a unique perspective to tackle antimicrobial resistance worldwide,” said Jimmy Kolker, HHS assistant secretary for global affairs. “We hope that the positive outcomes of this partnership will serve as a global model as we continue to work on this critical issue.”
TATFAR identified and adopted 17 recommendations for collaborations between the United and the European Union. Implementation of the recommendations has been carried out through increased communication, regular meetings, joint workshops and the exchange of information, approaches and best practices. Moving forward, one new and 15 existing recommendations will serve as the basis for partner agencies in the United States and the European Union to focus on areas where common actions can deliver the best results in prevention and control of antimicrobial resistance.
“Antimicrobial resistance is a priority of the European Commission, and international cooperation is key in addressing this serious cross border and global health threat. I am positive that our renewed commitment to TATFAR can make a tangible contribution in the area of global health security,” said John Ryan, acting director for Public Health in the European Commission.
TATFAR was created following the 2009 United States-European Union presidential summit with the goal of improving cooperation between the United States and the European Union in three key areas: appropriate therapeutic use of antimicrobial drugs in medical and veterinary communities, prevention of healthcare- and community-associated drug-resistant infections and strategies for improving the pipeline of new antimicrobial drugs. In 2013 it was decided to renew TATFAR for another two-year term.
The full report is available at CDC.gov/drugresistance/tatfar/report.html.