drugstore.com Company Description
drugstore.com hopes it has the right Rx for e-commerce success. The e-tailer sells name-brand and private-label health and beauty items and prescription and OTC drugs from its Web sites and by telephone. It also sends refill reminders by e-mail and offers information about drug and health issues. The company's Vision Direct subsidiary sells contact lenses online. A partnership with bricks-and-mortar drugstore chain Rite Aid, one of the nation's leading chains, allows drugstore.com customers to pick up prescriptions at Rite Aid pharmacies and enables drugstore.com to sell private-label Rite Aid products, as well as vitamins from retailer GNC Corporation. Founded in 1998, the company has yet to turn a profit.
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The Company Description provides a historical perspective of drugstore.com's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of drugstore.com's evolution in the marketplace.
