Tuesday, May 08, 2012 1:45:55 PM
Looking forward, how long would you estimate it would take to very carefully quantify what progress has been made by Greenwood et al on developing Shoppers Drug Mart with over 1,250 Shoppers and Home Health Care stores and #2 in Canada, The Katz Group with Head Office in Edmonton. Daryl Katz, who built the Rexall empire, operates over 500 corporate pharmacies in Canada and the US and 1,800 retail units total, including franchises, under the banners Rexall, PharmaPlus, Guardian, I.D.A and The Medicine Shoppe Pharmacy. Very successful operation and I know from a US NHL team owner that Daryl Katz is extaordinarily competitive. He owns the Edmonton Oilers and is a very active, hands-on, owner.
If I'm Greenwood, I give Shoppers an opportunity to put BIEL products into its program with a one or two year exclusive in Canada, and while they are looking at BIEL, go and talk to Katz and give Katz a one or two year exclusive in Canada. Make a deal that will put BIEL's product line on the shelves in the pain section and Women's sections, but make it happen.
By the way, the earlier claims, as Gospel, that Shoppers only tweaks it's product lines to include new items annually was incorrect. Shoppers, like every other retailer on earth grabs winners whenever it can. The reality is Shoppers re-creates its Planogram semi-annually. My source? Shoppers buying group in a phone call.
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM