Drug Stores & Pharmacies Industry Overview

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Industry Description

Companies that operate drug stores and pharmacies.

Summary

If it seems like there is a drugstore on every corner that’s because the big chains (most notably industry leaders Walgreen Co. and CVS Caremark ) are doing their best to see that there is.

Industry Trends

Chains Buying Independent Store "Files"

Chains eliminate independent drugstores mostly through acquisition by buying the existing independent stores, which often are in small, unfavorable locations, then closing the store and using the patient prescription files (and often hiring the pharmacist).

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Drug Stores & Pharmacies maps to a number of NAICS codes including:

NAICS
NAICS Title

Industry Associations & Organizations

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Drug Stores & Pharmacies industry.

Indicator
Total
NAICS Codes
1
Establishments
40,234
Sales, receipts or shipments ($1,000)
$153,748,566
Annual Payroll ($1,000)
$15,477,928
Paid Employees
783,392

Industry People



Industry Jobs

Vincents Drug Store and Soda Fountain - Johns Island.SC
From JobHost
Monroe Staffing - Milford.CT
From JobHost
UnitedHealth Group - Hartford.CT
From UnitedHealth Group