It is not ready to accept the fee hike even though it was made with the agreement of FDMC.
"Schools have bribed FDMC members to back the fee hike," said Sharma.
Add in club sales, which are fairly reliably tracked through their panel services, and you get more than 60% of category sales tracked through traditional food/drug/mass/club (FDMC) outlets.
Since vitamins is a megacategory, the appropriate level of research to determine product types likely to migrate from specialty channels to FDMC would seem to be a given, yet there is little evidence to suggest that such a resource has been made available to retailers.
Reports of the FSB Peer Review of India and the Working Group on Development of Corporate Bond Market in India, issues regarding the proposed Bill on setting up of a statutory Financial Data Management Centre (FDMC
), Minimum Assured Return Scheme under the National Pension System (NPS) and regulation of spot exchanges were the other topics discussed during the meeting.
22 June 2012 - Precision Aerospace Components Inc (PINK:PAOS), the US supplier of fasteners and components for use in aerospace and military applications, announced the acquisition of Fastener Distribution and Marketing Company Inc (FDMC
) without disclosing information on price.
Thinking about vitamins/minerals/supplements specifically, the bottom of the hourglass is led by FDMC
retail giants such as Wal-mart (Spring Valley), Costco (Kirkland Signature) and CVS (CVS brand) with their extremely price competitive offers.
Primarily, these large companies offered increased distribution into FDMC
(food/drug/mass market/club stores), brand marketing supported by hefty promotional budgets, product innovation through R&D muscle and the assurance of quality and safety that consumers entering the category were seeking.
Significant growth has been seen in the food/drug/mass/club (FDMC
) distribution channel where consumers' needs and desires are often quite different from the traditional "health food" consumer--in this case, "health food" broadly encompassing the natural products, multi-level marketing and catalogue channels.