
January Retail
Ratings Reports: Walmart #1 for
HBA and Walgreens #1 for Prescriptions
Monthly Scorecard Shows
Who’s Who in Consumer Preference
COLUMBUS, OH -- (MARKET WIRE) – 2/10/09 – A third of consumers shop Walmart most
often for their health & beauty aid purchases, followed by Target (8.1%) and CVS
(7.8%), according to the January Retail Ratings Report from BIGresearch (http://www.bigresearch.com).
Although Walgreens was edged out of the top 3 in January for HBA, they top the
list in the Prescription Drug category.
Walmart towers over the competition in the Health & Beauty sector, with 33.3% of
the overall share. The discount giant’s share of preference increased from 29.7%
in January 2008, resulting in a Consumer Equity Index™ (CEI)* of 111.81. Second
place Target’s consumer share increased, with a CEI of 127.14, while third place
CVS’ CEI of 121.24 shows positive growth for the corner druggist as well. (*CEI
measures growth in share of customer preference year-over-year. An index of 100
is flat, while an index of 105 indicates 5% growth.)
With cold and flu season in full force, 17.8% of consumers head to Walgreens
most often for their prescription drug purchases. The druggist’s consumer share
increased over last year (16.1%), resulting in a CEI of 110.33. #2 CVS’ share
increased (CEI=108.96), as did #3 Walmart’s (CEI=127.26) in the Rx category.
“Price continues to
be the driving force behind where consumers shop for staples such as medications
and shampoos,” said Pam Goodfellow, Senior Analyst, BIGresearch. “For
instance, we know that practical, budget-bound shoppers who switched their store
for prescription drugs in the past year did so primarily based on high prices
and the lack of a $4 generic program.”
BIGresearch’s Retail Ratings Reports (RRR) are available monthly for 12 major
merchandise categories. They are developed from BIGresearch’s monthly Consumer
Intentions & Actions (CIA) Survey of over 8,000 online interviews. For a sample
of the January reports for HBA and Prescription Drugs (Adults 18+), please click
the following link:
http://info.bigresearch.com/.
About BIGresearch
BIGresearch is a
consumer intelligence firm providing analysis of behavior in areas of products
and services, retail, financial services, automotive and media. BIGresearch
conducts the monthly Consumer Intentions and Actions Survey (CIA) of 8,000+
respondents and the semi-annual Simultaneous Media Survey (SIMM) of 15,000+
respondents. More information is available at http://www.bigresearch.com.
Contact:
Chrissy Wissinger
BIGresearch
450 West Wilson Bridge Road
Suite 370
Worthington, Ohio 43085
(614) 846-0146
chrissy@bigresearch.com