We're gonna be fine


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15+ Year Member
Aug 28, 2001
  1. Pharmacist
From Wall Street Journal Marketplace Section regarding sale of Eckerd to CVS, Coutu

....But even drug chain underperformers can be hot properties these days: the drugstore business has been outpacing the rest of retailing due to a surge in drug sales and fast expanding inventory of non-rx products. over the past five years, drugstore revenue grew 35.5%, twice the rate of the overrall retail sector.

A wide offering of pricey new meds, from cholesterol busters to viagra, have contributed to the rist in rx-drug sales nationally to $216.4 billion last year from $60.1 billion in 1994 The graying of america is another reason for the boom. And the expanded rx-drug benefit for medicare is expected to boost sales. "There is long term visible growth" in the pharmacy business, says meredith adler, a retail analyst with lehman bros. 'it's all tied to the aging poplulation.

The number of Americans over 65 is expected to rise to 55 mllion in 2020, up 56% from 2000.....


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15+ Year Member
Mar 23, 2004
I'm subscribed to the NACDS SmartBrief (btw, a GREAT resource for up-to-date news in the industry!), and there was a recent article that stated that independent drugstores make about a 2% profit on rxs. I believe it's higher for chains since they are able to purchase in greater volumes. Recent trend is shrinking profit margins on rxs as a result of mco/pbm's more aggressive attempts at managing drug costs.
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