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Keith Anderson

CVS (and their friends to the north at Shoppers Drug Mart) have been winning in beauty for a long time. They know their shoppers exceedingly well--what categories matter to them, what drives value (price/quality), and how they prefer to shop--and both retailers have managed their assortment and shopping experience accordingly.

Between the high-end dept stores, Sephora, and these new formats from CVS and Shoppers (Google "Murale" for more on their new format), retailers are catering to shoppers across the price/value scale and in convenience- & destination-oriented formats.

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