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Scissors cut into segment growth
Judging by the numbers, the wobbly economy largely has benefited the men’s grooming segment.
As previously reported by Drug Store News, the economy has resulted in solid sales — and even a trading up — in such segments as grooming/scissors. For example, Wahl Clipper stated in late 2010 that its “shining star” has been its Lithium Ion grooming kit, priced at $39.99.
That trend appears to be continuing, as many grooming/shaving scissors are experiencing double-digit growth, according to the latest SymphonyIRI Group data.
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Walgreens, Supervalu brew biz with beer
CHICAGO — The real question behind the introductions of a store-brand beer from both Walgreens and Supervalu is whether or not the new brews will be hits by year’s end. In other words, can Big Flats 1901 and Buck Range Light be to beer what Trader Joe’s Two-Buck-Chuck was to wine?