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Health & Wellness Products Win Over Customers

Independent Retailer

According to research from the Global Wellness Institute , the wellness industry was measured at $4.3 trillion in 2017, and is expected to grow at an impressive 10 percent annual pace through 2025, when it will reach $7 trillion. Home and Kitchen — 40% online and 27% in-store. Electronics — 37% online and 41% in store.

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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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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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Fabletics, Tough Mudder Team Up for Pop-ups, Custom Apparel and Experiential Offerings

Retail TouchPoints

Fabletics plans to participate in several events for the 2021 and 2022 Tough Mudder seasons, including exclusive on-site experiences curated for participants. The brand also recently announced its plans to open 24 new store locations across the U.S.

Apparel 179
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Why Chemist Warehouse wants to educate customers about clinical trials

Inside Retail

However, a new collaboration between clinical researchers at ObvioHealth and Australian pharmacy chain Chemist Warehouse promises to bring clinical trials to a wider audience: Chemist Warehouse’s 500,000 daily shoppers. We really want to be the destination for health, wellness, beauty, as well as over-the-counter pharmacy related items.

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e.l.f. Beauty’s Growth Formula: TikTok, Clean Products and a Clear Brand Mission

Retail TouchPoints

continues to outpace category trends by leaning into our superpowers, which are even more relevant in today’s environment — delivering premium quality products at an unbelievable price that are vegan and cruelty-free. We will continue to lead with insight, a first-ever mentality and a pipeline of innovative activations planned.

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4 Tips for Retail Businesses Hungry for Venture Capital Funding

Retail TouchPoints

In addition, every separate funding stage was down by 44% to 54% YoY, which shows investors are comprehensively assessing all current and potential investments at all stages of growth. From a business model perspective, we have found DTC to be a misnomer,” explained Sonia Nagar, General Partner at Pritzker Group Venture Capital.