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| [February 25, 2013] |
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Lil' Drug Store Products Poised to Lead HBC Growth in the Convenience Channel
CEDAR RAPIDS, Iowa --(Business Wire)--
Lil'
Drug Store Products, Inc. (LDSP), a global consumer products company
and top health and beauty care (HBC) product supplier to the convenience
channel, summed up 2012 as a year of successes that reinforce the
company's position as the top HBC supplier to the convenience channel.
Since 1974, LDSP's
unique business model has revolutionized the sale of HBC in convenience
retail locations with the innovative idea of making premium
over-the-counter and personal care products available to consumers in
conveniently sized and easy-to-use packages. The company continues to be
the leading HBC product supplier to the convenience channel, according
to recent 52-week data from Symphony IRI, which reflects LDSP's
innovative products, impeccable service, and data-driven solutions to
the challenges of this complex product category.
The exceptional performance and innovative strategies that kept LDSP
at the top of HBC convenience retailing in 2012 include:
-
A nearly tripling of sales vs. a year ago of Lil'
Drug's own line of products, with Lil' Drug Multi-Symptom Sinus
one of the top category performers.
-
An expanding line-up of popular brands, including the recent additions
of Crest Complete, Colgate Total, Germ-X, and Emergen-C.
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Strong partnerships with national brands like Carmex lip balm and
Ricola cough drops, plus a new exclusive distribution partnership with
Rayovac that establishes the popular battery brand in the c-store
channel.
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The launching of two new innovative and successful merchandising
programs with EZ Bins and EZ OTC. EZ Bins is a new merchandising
system for popular personal care items in travel sizes for on-the-go
shoppers. EZ OTCÂ is a collection of popular OTC formulas available in
mid-size packages designed specifically for c-store shoppers.
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Receiving the "2012 Best New Products Award" for EZ OTC from Convenience
Store News (CSN).
"LDSP
helps retailers manage their HBC, general merchandise, and automotive
needs effectively and efficiently through a combination of innovative
retailing solutions and a diverse portfolio of over-the-counter drug,
personal care, general merchandise and automotive items which are
brought to market by our strong distribution and marketing network
throughout the country," said Paul Rossberger, vice president of sales &
marketing for Lil'
Drug Store Products. "We've built a strong reputation in the
convenience channel by being flexible and responsive in ways that
enhance product and service excellence and will continue to offer our
customers and partners the kind of collaboration and forward thinking
that enhances their sales and profitability."
*IRI Convenience 52 weeks ending 12-30-12.
Headquartered in Cedar Rapids, Iowa, Lil'
Drug Store Products offers a variety of premium brands
through its 3 divisions: Convenience Retailing, Consumer Products, and
International. Convenience Retailing lines include OTC drug
products, trial size personal care items, general merchandise products,
automotive accessories and exclusive brands like Rayovac, Carmex, and
Ricola.

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