BCBusiness

May 2014 Brands We Love

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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May 2014 BCBusiness 31 B.C.'s m o s t l o v e d B r a n d s A Matter of TRUST London Drugs is B.C.'s most loved brand, according to a recent survey done by Ipsos in partnership with BCBusiness. But the iconic retailer's strong connection with customers is a project 70 years in the making b y N i c k R o c k e l W alking into one of the 78 London Drugs stores that dot the landscape from Vancouver to Win- nipeg can be a jarring experience. Arranged with care on its tall shelves are hundreds of staples you expect from your local drugstore: toothbrushes, cough syrup, shampoo. Turn a corner by the pharmacy, though, and you'll find delicacies like gourmet mustard and Himalayan pink salt. Past the small kitchen appliances and the one-hour photofinishing counter, you can follow the flashing lights and booming bass into an elec- tronics section crammed with the latest PCs, home theatre systems and LCD flat screens. Depending on the location, there might also be a dining-room set tucked next to the designer-sunglasses rack. On paper, it's a kitchen-sink mix with little chance of success. "London Drugs is a business that should not exist. It defies business logic," says Kenneth Wong, professor of marketing at the Queen's School of Business in Kingston, Ontario. "Everybody talks about focus, and here you've got this New York department store cosmetics area; you've got a pharmacy area that isn't cutting corners, that's counselling people; you've got this incredible camera staff; and then you've got liquidation goods and imported groceries," Wong says. "It shouldn't work, but it does. And it does because they treat each department differently." p h o t o g r a p h y b y N i k w e s t p30-37_BestBrands_may.indd 31 2014-04-09 3:13 PM

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