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Hoover's Directories > Industry Overviews > Drug Stores

Drug Stores

  • Overview
  • Risks & Opportunities
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Industry Description

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.

SIC: 5499, 5912
NAICS: 446110, 446191
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Top 5 Companies

CompanySalesLocation
CVS Caremark Corporation107,100.00MWoonsocket, RI
Walgreen Co.72,184.00MDeerfield, IL
Rite Aid Corporation25,214.91MCamp Hill, PA
AMERICAN DRUG STORES, INC.24,519.70MBoise, ID
Shoppers Drug Mart Corporation10,492.12MToronto, ON
Bullet - Yellow Arrow Box There are 467,444 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer spending on nondurable goods, an indicator of retail drugstore sales, rose 3.6 percent in March 2012 compared to the same month in 2011.
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Quarterly Industry Update

Prescription Drug Sales Flat - Prescription drug sales in the US stalled at $320 billion in 2011, pressured by reduced use by senior citizens and rising sales of generic drugs.
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