How Pharmacy Closures Will Impact Consumers and Personal Care

18 Nov

As pharmacies across the country close and pharmacists strike for higher working conditions, industry experts are analyzing the implications for consumers. It wasn’t so way back that major drugstore chains were committed to expansion, with the intention to be on every corner making health services widely accessible — this approach proved successful throughout the COVID-19 pandemic. Nevertheless, the strategy is now going downhill with many major retailers announcing closures. In October, Rite Aid filed for Chapter 11 bankruptcy. Meanwhile, earlier this yr, in June, Walgreens announced it might close 150 doors, following 200 store closures in 2019. In 2021, CVS said it might close 900 doors over the subsequent three years. Experts attribute these closures to the sheer amount of pharmacies, the...

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15 Nov

Personal Care Products Council Names Thomas F. Myers CEO

by Beautifaire101

Beauty, Featured

Personal Care Products Council Names Thomas F. Myers CEO

The Personal Care Products Council on Wednesday appointed Thomas F. Myers chief executive officer. The appointment will go into effect in January. Myers, who has been with the council since 2010, acts as executive vice chairman for legal and regulatory affairs and general counsel. Prior to joining the council, he worked at the USA Chamber of Commerce as a regulatory counsel for environment and energy, in addition to in international law. Myers will succeed Lezlee Westine, who has led the council as president and CEO since 2009. Under Westine’s leadership, the PCPC has hosted industry summits, published sustainability reports and most recently, pushed for the Modernization of Cosmetics Regulation Act, which is able to require brands to be more transparent...

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4 Nov

P&G’s Freddy Bharucha Named President, North America Personal Care

by Beautifaire101

Beauty, Featured

Freddy Bharucha has been named Procter & Gamble’s first president, North America personal care and wonder operations. Formerly the corporate’s senior vp for its North America personal care division and Old Spice global brand franchise of 5 years, Bharucha will now also lead P&G Beauty’s media efforts, head up its cross-category retail strategy and serve on the board for the Personal Care Products Council. Bharucha will proceed to be based in Cincinnati, Ohio, as he commences the brand new role. “With a consistent track record of brand name, business and organizational growth, Freddy is well-positioned to tackle this newly created position,” said P&G Beauty chief executive officer Alex Keith and Markus Strobel, president of P&G skin and private care, in a...

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21 Oct

Cosmetics Make Up 46 Percent of TikTok Shop U.K.

by Beautifaire101

Beauty, Featured

Cosmetics Make Up 46 Percent of TikTok Shop U.K.

Following its official September rollout within the U.S., TikTok Shop ranked because the Twentieth-largest e-commerce health and sweetness retailer throughout the month within the country, in line with NIQ. The shopping integration launched within the U.K. two years ago, where “many of the top-selling brands have been smaller, indie brands which are benefiting from the full-service marketing and sales service TikTok Shop offers them,” said NIQ’s vice chairman of beauty, Anna Mayo, adding that the same phenomenon is starting to take effect within the U.S., with many of the platform’s early top-selling brands also being indies. Personal care products comprised 61.3 percent of consumer goods sales made via TikTok Shop U.K. throughout the last 12 months, with makeup being the...

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