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Skincare in the US all experienced Moderate Growth: Ken Research

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Title: Skincare in the US all experienced Moderate Growth: Ken Research


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Skincare in the US all experienced Moderate
Growth Ken Research
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  • Dollar General and Dollar Tree established
    themselves by offering wide variety of products
    to its customers
  • Retail sales in Beauty stores is declining day by
    day
  • Ken Research recently announced a report on
    Retail Sales of Drug Stores and Health Beauty
    Stores in the United States which discusses
    detailed historic and forecast data on retail
    sales from 2010 to 2020 which takes into
    consideration Drug Stores and Health Beauty
    Stores in the US.

3
  • This report provides market size, growth and
    forecast to 2020 and helps the existing and new
    players to understand market dynamics. It is also
    equipped with the overview of retail sales of
    drugs and health stores and beauty stores in the
    US.
  • Two biggest dollar-store chains in New York (US)
    i.e. Dollar General and Dollar Tree have shown a
    decline in sales by the nations poorest shoppers
    because they are being compressed by increasing
    rents and healthcare bills. As per Dollar General
    Corporation, the growth in sales in already
    existing stores has declined in the second
    quarter to 0.7 and in the preceding quarter it
    is expected to go down to 2.2. According to
    Dollar Tree statistics, they have seen the
    growth in the sales by 1.2 but it is slower than
    the previous quarter.
  • Due to these issues, these two chains have seen a
    great decline in their stocks in terms of
    financials. Alternatively, during the recession
    time, these Dollar stores have seen a moderately
    vivid impression in a disturbing retail sector
    as weary and tired shoppers preferred to go for
    low prices and suitable locations which are near
    to their residential regions.

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  • These two chains have been developing fastly as
    others are contracting. Dollar tree obtained for
    about USD 9.0 billion of stocks of its competitor
    Family Dollar chains during previous year. Dollar
    General also acquiring thousands of stores and is
    desired to get around 20,000 shops by 2020.
  • Prestige makeup, skincare, and fragrance in the
    U.S. all experienced 2 to 4 percent growth in
    average price. The lip segment was key to
    makeups growth, driven by lip color. Sets and
    kits drove the growth for skincare, with
    anti-aging sets serving as the catalyst. Juices
    experienced the largest increase for womens
    fragrance, while for men it was gift sets.
  • However, the operating conditions are improving
    at Wal-Mart Stores which is somewhat placing
    force on retailers. Last week Wal-Mart
    highlighted the growth in sales in prevailing
    stores in its eight quarter with 1.6 of profit.
    Executives have concluded that Wal-Mart is the
    worlds biggest retailer by revenue and has
    started to spend in billions by lowering price of
    some of the goods and services, also pressurize
    minor players to follow the same.

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Both the chains namely Dollar General and Dollar
Tree have been looking for ways to increase
traffic and prevent competition from online
retailers or in other words, from huge Wal-Mmart
stores. Dollar General will put in additional
fresh foods and health and beauty products to its
range. Dollar Tree gives more importance to
seasonal things i.e. decorations and presents.
Both of them are enlarging very fastly. As far
as retail sales of beauty stores is concerned
John Lewis has revealed a USD 9 million beauty
ballroom extension plan, which wishes to drive
more footfall to its department stores. The
retailer will grow the size by 50 of its beauty
departments in Cambridge, Bluewater in Kent and
Cribbs Causeway in Bristol.
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  • Key Topics Covered in the Report
  • The segments growth prospects by retail sales
    category
  • Key trends, drivers and challenges for the
    segment
  • Comprehensive overview of the retail sales of
    drug stores and health and beauty stores economy
    and demographics
  • Various distribution channels in the segment
  • Forecasted and historical trends
  • Details of the competitive landscape in the
    segment
  • To know more on coverage, click on the link
    below
  • https//www.kenresearch.com/consumer-products-and-
    retail/cosmetics-and-personal-care/drug-stores-uni
    ted-states/47048-95.html
  •  

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Related Reports Retail Sales of Drug Stores and
Health Beauty Stores in South America Market
Size, Growth and Forecast to 2020 Retail Sales
of Drug Stores and Health Beauty Stores in
Asia-Pacific Market Size, Growth and Forecast to
2020 Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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