Chain Store Guide to publish profiles of top 16 retailers
NEW YORK Chain Store Guide, a sister publication of Drug Store News, recently introduced comprehensive profiles, including both up-to-date analysis and in-depth data, on 16 of the top-most retailers operating across food, drug and mass.
By January 2008, Chain Store Guide will field Top Company Profiles of the top 31 retailers, including Walgreens, CVS Caremark and Wal-Mart.
Each report, ranging in size from more than 30 pages to almost 80 pages, offers a unique blend of current operational data on each retailer combined with editorial analysis, historical and statistical data, market share performance and store location analysis, including maps and demographics.
“Manufacturers and suppliers who either have these top companies as accounts and are looking to gain additional insights into their [customers’] strategic initiatives and strategies,” would most benefit from these new reports commented Michael Jarvis, director of product development at Chain Store Guide. The reports may also be of benefit to suppliers and their brokers looking to get a product on the retail shelf.
The reports include several visuals—including sales charts and graphs and store density maps—that will appeal to both senior level executives looking for a concise executive summary as well as action officers who need to crunch and analyze the various data points. “A lot of the marketshare information, that’s pulled from our proprietary database,” Jarvis said. “We collect information on store locations … through our in-house teleresearch department.”
The Top Company Profiles also detail the brands and models of technology used at the corporate and store levels. Additional editorial commentary delivers insight on key marketing and advertising strategies, including market overviews and competitive factors challenging each chain. Listings of executives and merchandising personnel for each company are also key features of the profiles. The profiles are updated annually, Jarvis said, or as necessary on a case-by-case basis so as to field the latest information. “We will be providing personnel updates, sales information and [any] key major changes will be reflected in the profiles.”
Included with the profiles is an Excel spreadsheet containing all of the company’s individual store locations with name, address, phone number, store number and CBSA (Core Based Statistical Area).
Kinney announces services for flu, pneumonia, breast cancer, diabetes
GOUVERNEUR, N.Y. Kinney Drugs on Tuesday announced the addition of flu and pneumonia immunization clinics, breast cancer educational seminars, and diabetes screening/awareness programs in all of its markets.
The clinics started Sept. 29 and will continue through Nov. 28. Both flu and pneumonia vaccines will be free for people with Medicare Part B and many insurance programs are accepted. The immunizations will be administered by a registered nurse employed by Maxim Health Systems.
Breast Cancer Educational Programs will be available to customers at various stores throughout the chain. The programs offer a variety of educational information and services including a lecture by Lois Hjelmstad, a breast cancer survivor and author of two books. The program includes the Mobile Mammography, which operates within a coach-type bus and makes scheduled stops to bring mammograms to underserved populations in the northern New York, and a series of in-store educational programs through partnerships with community medical centers, Susan G. Komen for the Cure and local county Wellness Connection coordinators.
And during the month of November, Kinney Drugs is teaming with 27 medical centers and hospitals to conduct diabetes screenings as part of Diabetes Awareness Month. The screenings will be held in all Kinney Drugs markets; customers will be given their glucose level via finger stick blood test and information on diabetes awareness, prevention and better care. The American Diabetes Association will be on hand at most stores to answer questions and offer their programs and services.
Jean Coutu reports increase for Q1
LONGUEUIL, Quebec The Jean Coutu Group on Tuesday reported an 8.2 percent increase in operating income, which totaled $55.5 million (in U.S. currency) for the first quarter ending Sept. 1, and includes the company’s share of Rite Aid’s results.
The share of the loss in the Jean Coutu Group’s first quarter 2008 earnings amounted to $30.3 million.
“We are satisfied with our first quarter results,” stated Jean Coutu, the Group’s chairman. “We continued to improve sales growth and operating performance in our Canadian network while Rite Aid began the integration of the acquired Brooks Eckerd stores. As expected, this integration will require a lot of effort and resources initially, but will result in even stronger synergies than anticipated when the transaction was closed.”
The company also announced Tuesday that Francois Coutu will resume command of the Canadian operations as president aand chief executive officer of the company. Jean Coutu, who assumed control of the Jean Coutu Group shortly before talks between Rite Aid and the Canadian drug store chain commenced over the sale of Brooks and Eckerd, will continue as Jean Coutu Group chairman.