Drugstore.com Sales Jump Almost Seven-Fold To $24.6 Mil. In 2Q
This article was originally published in The Rose Sheet
Executive Summary
Amazon.com's "Health & Beauty" tab has generated more traffic for partner drugstore.com than any other source since the tab's inception in April, drugstore.com Chairman and CEO Peter Neupert announced during a conference call with securities analysts July 31.
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Drugstore.com's strategic partnership with Amazon.com has increased site traffic 20%-30% since the launch of the "Health & Beauty" tab linking the two sites, drugstore.com Chairman and CEO Peter Neupert reported in an April 24 call with securities analysts.
Drugstore.com
Health & Beauty tab on Amazon.com linking consumers to drugstore.com goes live April 17. The move follows the announcement of a strategic agreement between the two e-tailers under which Amazon owns nearly 28% of drugstore.com (1"The Rose Sheet" Jan. 31, p. 12). The new gateway provides Amazon's 17 mil. consumers with access to drugstore.com's more than 20,000 health and beauty care products
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