Quality King Distributors Inc. · Ronkonkoma, NY United States
Company Description
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Quality King Distributors rules a gargantuan gray market empire. It buys US name-brand OTC pharmaceutical and branded personal care products that have been exported to overseas markets, re-imports them, then sells them below suggested retail prices. The practice, deeply disliked by US manufacturers, has been ruled legal by the Supreme Court. Quality King distributes its products to pharmacy and grocery chains, grocery distributors, and wholesale clubs throughout the US. Subsidiary QK Healthcare distributes branded and generic prescription pharmaceuticals. Bernard Nussdorf and his wife Ruth founded Quality King in 1961 in Long Island, New York. The Nussdorf family still owns the company. To read the full description, subscribe now.
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Key Quality King Distributors Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | October |
| 2007 Sales (mil.) | $2,500.0 |
| 2007 Employees | 875 |
Quality King Distributors Inc. Executives
6 executives listed for Quality King Distributors Inc.'s Ronkonkoma, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Glenn Nussdorf | Network |
| COO | Marc Garrett | Network |
| EVP | Michael Katz | Network |
Competition
Competitive Landscape for Quality King Distributors Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Quality King Distributors Inc. Competitors
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