Shareholder Question: Duane Reade

QUESTION

  • Is it true that Winning Brands failed to do something in the Duane Reade delivery?  An iHub poster put this on the board “Well it appears Eric the Great forgot to tell them to order Product I guess. LOL. My understanding he was too busy blogging and they did not have product placement in time.  so much for hitting the ground running.”

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ANSWER:

No, the poster is wrong.  That’s why this official weblog exists –  to provide correct information for stakeholders. 

Duane Reade is New York City’s pre-eminent drugstore chain.  They have been purchased by Walgreens, America’s largest drugstore chain.  Winning Brands delivered the opening inventory of Winning Colours Stain Remover to the customer’s distribution centre on time and to specification.  The two chains are integrating their procedures currently, and require a bit more time before processing some new initiatives.  An integration of systems and policies in such a merger is highly complex.  In the meantime, Winning Brands has applied for and received a Walgreen’s vendor number and a specific product number for Winning Colours Stain Remover.  This is actually a more favourable arrangement than when the process with Duane Reade was first announced.   It is too early to tell what the impact may be, however from a purely practical point of view, it is extremely helpful for future advancement within the parent organization.

As far as Duane Reade is concerned, Winning Brands has a perfect score in performing its tasks, including preparation for sampling.

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