JERRY COOK: You have to get the right combination of products at the right time.
You have the right amount of products and they have to work together.
You can’t have a combination of the wrong products.
That’s not how it works in the marketplace.
If you’re not able to find the right product, you’ll be in the dark.
We have a lot of brands that are trying to go after a very niche market.
The challenge is they are trying their best.
I’m not saying every brand will work.
We’ve had some great success.
There are some great brands in this space that are making the right decisions for their products and the right price point.
There’s a lot that we’re still learning about the health of our consumers and the value of our brands.
And we’ll continue to be focused on that.
This is a marketplace that is really important to us.
I think you see it all the time when you walk through the store.
You see the people that are very passionate about their products, who are in there everyday.
I don’t think you’ll see that at Walgills.
And you won’t see it at Walmart either.
You won’t hear that.
It’s not there.
The beauty and personal care category is the most valuable category in the company.
The top three are cosmetics, skincare and hair care.
They represent about $100 billion in revenue, and that’s a really big category.
So we have to do our part to support our customers, and our brand.
We’re going to continue to take great care of our skin care products.
It doesn’t matter if it’s going to be our new product, or a new product coming out next year.
There is no question that our skin is the top priority for us.
So the top three categories in the beauty and health category, that’s going out there every day.
I just want to reiterate that.
The people that care about our customers and their skin care needs, they’re the ones that are going to have the best experience.
And so I’m really excited to be back in my role here at Walgreen’s.
This has been an incredible experience for me, and I’m looking forward to it.
And thank you.
I really appreciate your time.
And I’m going to go grab a beer.