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Getting down to ‘Just the Basics’ pays off
Private-label penetration at CVS/pharmacy locations is expected to grow to more than 20% in the next two to three years, and to help drive that growth, the retailer has developed its new Just the Basics line of store-brand products.
Officially launched in February 2011, the brand represents a functional, value- priced, smart-simplicity positioning. It is comprised of nearly 100 items, and there are plans to expand the line going forward.