Tuesday, September 18, 2007

Drug Mart To Open Health Section

"Shoppers Drug Mart Corp. CEO Jurgen Schreiber says the drugstore giant will rework its health and living department with organic product lines and launch a new VIP card in the first quarter.

Schreiber told a Scotia Capital retail conference Tuesday that "driving penetration is absolutely a key factor for (Shoppers) for the next year."

He added that while the health and living section of its stores include vitamins and food supplements, he believes the department is "not optimized."

"We want to be playing in health in every aspect," he said. "We will launch a very significant range of organic products in the first quarter" of next year."


Read the article