Drug Store Retailing - US - May 2017
The effects of an aging population focused on health management are positive for the drug channel, which is projected to continue on its path of upward sales growth over the next five years.
This report examines the following:
- Many drug store trips occur outside the channel
- Most consumers have issues with price
- Many shoppers aren’t using all that drug stores provide
For the purposes of this Report, Mintel has defined a drug store as a retail store where a primary component of the store is a pharmacy, selling prescription medicine and staffed with a pharmacist. Other categories commonly found at drug stores include OTC (over-the-counter) medicine, beauty and personal care, household needs, and a limited selection of food. When referring to “drug stores,” this Report considers those that are traditional drug stores, not including other retailers with pharmacies such as grocery stores, warehouse clubs, or mass merchandisers. These other retailers are also discussed in the Report as locations consumers may shop for drug store needs, yet are not referred to as “drug stores.”
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