RETAIL NEWS

VARENNES, Quebec — The Superior Court of Quebec ruled in favor of the Jean Coutu Group late December, the Canadian retailer announced Tuesday, ruling that the company's franchise agreements with pharmacist owners are not in violation of section 49 of the Code of Ethics of pharmacists of Quebec which prohibits pharmacists from sharing profits from the sale of medications or from their fees with a nonpharmacist.

VR. AR. AI… Oh my.

There is no question how much technology is changing not only the way retailers and brands engage consumers during the pre, during and post phases of the shopping experience, and reshaping the path to purchase, but also how brands bring new innovation to the market and rethink how products are merchandised online and in store.

Below, DSN outlines the big trends, predictions and critical issues that will make the news in 2017 and beyond.

1. VR takes over

From the hot color segments to new product launches, here is what you need to know about the beauty business in 2017.

(To view the full Beauty Trends Report, click here.)

Mass market color cosmetics sales continue to climb, driven primarily by adventurous millennials.

Rather than watch the nail category continue to evaporate, retailers and brands are bonding together with innovative launches and impactful in-store presentations.

(To view the full Beauty Trends Report, click here.)

For the 52-week period ended Oct. 30, nail color sales were down 11.4% across multi-outlets, according to IRI. That’s prompting action.

There is perhaps a latent opportunity for retailers to create a new destination center out of three existing categories that would appeal to a new millennial mom — products boosting preconception health; products supporting a pregnant woman’s health; and products supporting lactation and breast feeding following her pregnancy.

(Click here to view the full VMS Report.)

It probably won’t surprise anyone that I was NOT one of the hundreds of millions of people who got swept away in the whole Pokémon Go thing last summer. If you would have told me a year ago that you were looking for Pikachu, I probably would have said, “God bless you.… Now what are you looking for?”

Consumer Suzanne Lee grew up in upstate New York, but moved to Ontario many years ago. Recently, upon visiting her hometown, she stopped at a local drug store for her favorite skin care product. She was surprised to find it wasn’t sold there.

(To view the full Beauty Trends Report, click here.)

A key trend captured by the 2016 TABS Analytics Vitamin and Minerals Supplements study is the continued decline in the number of heavy buyers (those who purchased more than three types of vitamins in a year). Heavy-buyer penetration peaked at 40% in 2012, but in 2016, heavy-buyer penetration dropped to 30%.

(Click here to view the full VMS Report.)