Drug Stores

First Research, Inc.
February 6, 2012
10 Pages - SKU: FRRS6798614
License type:
Countries covered: United States

Brief Excerpt from Industry Overview Chapter:

The US drug stores industry includes about 42,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $220 billion. Major companies include Walgreens, CVS Caremark, and Rite Aid. The industry is concentrated: the 50 largest companies generate about 70 percent of revenue.

COMPETITIVE LANDSCAPE

Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. The industry is capital-intensive: average annual revenue per employee is $300,000.

Chain drug stores account about 50 percent of the retail prescription market, according to Drug Channels. Independent drug stores and mail-order sales each account for about 20 percent; pharmacies at supermarkets account for the remainder. Drug stores that also sell general merchandise compete with grocery stores, discount department stores, and other retailers.

PRODUCTS, OPERATIONS PRODUCTS, OPERATIONS & TECHNOLOGY TECHNOLOGY

Drug stores sell two main types of products: prescription drugs, and "front-store" products, including over-the-counter (OTC) drugs, health and beauty aids, greeting cards, photo-finishing services, and general merchandise. Prescription drugs draw customers to the store, and stores focus their efforts on the number of new prescriptions they fill. The larger drug store chains typically generate about 70 percent of their sales from prescriptions; front-end items account for 30 percent. The...


More United States Drug Stores Reports

Drug Stores by First Research, Inc.
Brief Excerpt from Industry Overview Chapter: The US drug stores industry includes about 42,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue ...

2012 U.S. Scrap, used and secondhand goods commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report by Barnes Reports
The 2012 U.S. Scrap, used and secondhand goods commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report, published annually by ...

2012 U.S. Performing arts, spectator sports, and museums commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report by Barnes Reports
The 2012 U.S. Performing arts, spectator sports, and museums commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report, published annually ...

2012 U.S. All other administrative and support services commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report by Barnes Reports
The 2012 U.S. All other administrative and support services commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report, published annually ...

2012 U.S. Personal and laundry services commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report by Barnes Reports
The 2012 U.S. Personal and laundry services commodities or services used by the Pharmacies & Drug Stores Industry-Input & Output Report, published annually by Barnes ...

See all reports like this >>

More United States Reports

e-Discovery Software Publishing in the US - Industry Market Research Report by IBISWorld
e-Discovery Software Publishing in the US Finding growth : Electronic discovery (more often known as e-discovery) refers to a data search, location and securing process for use ...

D&B Country RiskLine Report: The United States of America by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...

D&B Country Report: The United States of America by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...

Country Report United States January 2011 by Economist Intelligence Unit
Country Reports analyse political and economic trends in featured countries. They show you exactly how national, regional and global events will affect your business in ...

Coal - US - a snapshot (2010) by Mintel - Snapshots
Coal in US by Mintel Global Market Navigator provides you with annual year-end market size data, most recently updated in 2010. This market covers consumption ...

See all reports like this >>