Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ACNielsen Begins Tracking OTC Remedy Sales in Convenience Stores; New Categories Available Now.


Business Editors

ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 7, 2002

ACNielsen U.S., an operating unit operating unit

A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon
 of ACNielsen, a VNU VNU Volontaires des Nations Unies (French)
VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch)
VNU Virtual Network User
 company, today announced that its industry-leading Convenience Track(TM) service now reports on sales of numerous over-the-counter (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
) remedies, making it the only information service to track sales of such products in convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. . The announcement was made here during the annual National Association of Convenience Stores The National Association of Convenience Stores (NACS) is a trade association that represents convenience and petroleum retailers. Founded on August 14 1961, it had more than 2200 retail and 1800 supplier company members as of 2006.  conference. The new categories are:


Cold Remedies (Adult & Children's)         Antacids
Pain Remedies                              Anti-Gas
Sinus Remedies                             Breath Fresheners
Cough Drops                                Oral Antiseptics
Cough Syrups & Tablets                     Vitamins
Throat Lozenges



John Petrakis, senior vice president, Marketing, ACNielsen U.S., said, "We are very pleased to add OTC remedies to the list of categories we report on with Convenience Track. With the launch earlier this year of our Homescan RX/OTC panel, and now the ability to track OTC remedy sales in c-stores, ACNielsen is able to provide an unparalleled portfolio of mission-critical insights to the manufacturers of such products. In addition, our many c-store retailer clients can, for the first time, benchmark their sales of OTC remedies against market-wide sales where they compete. This expansion of our category coverage reflects ACNielsen's continued commitment to providing the consumer packaged goods Noun 1. packaged goods - groceries that are packaged for sale
foodstuff, grocery - (usually plural) consumer goods sold by a grocer

plural, plural form - the form of a word that is used to denote more than one
 industry's premiere convenience store measurement service."

The ACNielsen Convenience Track service utilizes both scanning data as well as store audits to measure sales in the convenience channel. Since just 50 percent of convenience stores use point-of-sale scanners, and only 25 to 30 percent of stores can provide complete and accurate data on a timely basis, it is essential that audits be conducted in non-scanning stores to derive the most accurate measurement of sales in the convenience store channel.

Convenience Track is the only c-store service to provide sales information on a local market level. Thirty markets are available for non-alcoholic beverages
See also:
A non-alcoholic beverage is a beverage that contains no alcohol. Such drinks are generally drunk for refreshment, or to quench people's thirst.
, candy, other tobacco, ice cream, frozen novelties A novelty is a small manufactured adornment, especially a personal adornment. In this sense, the word is usually used in the plural, novelties. The word is also used to denote novelty item. , energy bars, cookies, crackers, nuts, meat snacks, other salty salt·y  
adj. salt·i·er, salt·i·est
1. Of, containing, or seasoned with salt.

2. Suggestive of the sea or sailing life.

3. Witty; pungent; earthy: salty humor.
 snacks, and the OTC remedy product categories named above. The service monitors beer sales in 22 markets and in client-defined custom areas.

ACNielsen, a company of VNU N.V., is the world's leading market research firm, offering measurement and analysis of marketplace dynamics, consumer attitudes and behavior and new and traditional media in more than 100 countries. Clients include leading consumer product manufacturers and retailers, service firms, media and entertainment companies and the Internet community.

Note to Editors: Look for this press release and other ACNielsen news on the Internet at http://acnielsen.com/news.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Oct 7, 2002
Words:414
Previous Article:A.M. Best Downgrades Financial Strength and Debt Ratings of Presidential Life Insurance Company.
Next Article:Crown Media Announces Corporate Restructuring to Improve Efficiencies in Operations and Realize Significant Cost Savings.
Topics:



Related Articles
ACNielsen Selected by Anheuser-Busch as Its Insights Provider in the Convenience Store Channel.
ACNielsen Finds Convenience Stores Battling With Grocery Stores for Sports Drinks Sales Dominance; Convenience Channel Losing Out in Key Summer...
ACNielsen Begins Tracking Convenience Store Sales of Energy Bars.
ACNielsen Adds New Product Category to Its Local Convenience Track Service.
ACNielsen Expands Convenience Store Service; Sales Reporting On Additional Product Categories to Begin in 2002.
ACNielsen Adds New Convenience Retailers to Industry-Leading Portfolio of Account-Specific Reports; Information for BP/Amoco, Crown Petroleum and Kum...
ACNielsen Expands Industry-Leading Portfolio of Account-Specific Reports for Convenience Channel.
ACNielsen Research Finds Hispanics More Likely Than Others to Suffer from Numerous Health Conditions, but Less Likely to Purchase Over-the-Counter...
ACNielsen Research Finds U.S. Sales of Private Label Consumer Packaged Goods Growing Much Faster Than Branded Products.
Beverage Data Network sold to ACNielsen.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles