Shoppers Drug Mart: Canada's Largest Pharmacy Chain

Different retailing businesses have very different distribution methods based on the types of product that they sell, some arguably more effectively than others.

thought on how they develop their different products and how they get those products out to the

The market responded favorably to the merger between Loblaw Companies Ltd and Shoppers Drug Mart. News of the agreement sent Shoppers shares to increase by approximately 27% on TSE before falling back to 13%, and Loblaws shares were up almost 9% (Globe and Mail, 2013). On the 15th of July 2013 the announcement was made public, and both companies shares price closed at an alltime high of $50.13 per share for Loblaws and $60.12 per share for Shoppers. During the rest of the same month, Shoppers shares price kept on risen, while Loblaws shares price maintained its usual price below the $50 standpoint (Appendix B).

Knowing the importance of a strategic vision, every company undertakes a complete analysis periodically. In order to create a strategic plan the parties involved must know every aspect of the industry and the company at hand. The purpose of this paper is to describe and analyze the retail drugstore industry and then focus on Walgreens, the industry leader in terms of sales. As part of the in-depth analysis of Walgreens, its major competitors will also be described and analyzed. The retail drugstore industry consists of all those stores that contain a pharmacy and sell prescription drugs. It also includes businesses that sell prescription drugs online and through the mail. Most retail drugstores also offer other

They also do things such as adding different things to existing products. For example they have added cookies to Galaxy bars this means that they can try and attract new customers.

CVS Health happens to be one of the largest pharmacies serving people in every community. In fact, there is a CVS across the street from just about every hospital, on every major interception, and are within a 2-mile radius of one another. This is the way it has been since the company was founded “in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and partner Ralph Hoagland” in 1963, and it’s the way the company plans to keep expanding the company in a proximity to one another. They have even gone as far as expanding the size of the store to fit the community. All in an effort, to be responsive and committed enough to meet the needs of not only the customers, but the clients and the community as well (CVS Health, 1999-2016). Especially, since the company admits that over the past fifty years, they have changed to better service people in their health.

products, have attracted a lot of customers throughout the world. The company has a huge

In order to review their inherited genetic risks and help them understand and provide counseling according to their specific needs the genetic counselor should know the Trosacks ' have already established that their unborn child has Tay Sachs disease and based on those needs they should be provided with appropriate guidance and counseling as they progress through their pregnancy. The discussion should include what causes genetic disorders, and what that means to the Trosack couple specifically, including dominant, recessive and x-linked disorders. However, recessive disorders should be fully discussed in this case. Another topic to include in the discussion are what genes and chromosomes are, and the relation to Tay Sachs disease.

One important issue that plagues the Canadian health system is the affordability of prescription drugs, which arises from the medication not being covered under Canada’s current universal health care system (Parliament of Canada). The prescription drugs are either paid out of pocket, or covered a certain percentage depending on their private insurance or benefits given by their profession. For those who cannot afford the medication it causes a dilemma, choosing to take on a financial burden for the sake of their own treatment and without taking the needed treatment the disease may get worse. Since it is out-of-the-pocket the wealthy can obtain the medication, while the poor are handcuffed to do so, therefore making this a financial and an equity

The Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products,

“CVS was founded in 1963 by Stanley and Sidney Goldstein and Ralph Hoagland. The first CVS store was opened in Lowell, MA.” (CVS Health) CVS is a pharmacy innovation company helping people on their path to better health. CVS’s CEO is Mr. Larry J. Merlo. CVS is headquartered in Woonsocket, RI. CVS is the largest pharmacy health care provider in the U.S. And is an integrated offerings across the spectrum of pharmacy care. Through their 7,700 retail pharmacies and more than 900 walk-in medical clinics. There are approximately 200,000 employees in 46 states, the District of Columbia and Puerto Rico. “CVS has also expanded its business to include pharmacy benefit management, mail order as well as specialty pharmacy division,

ity wears and undergarments for men. This helps to increase another streams of revenue for the company as more customers are targeted.

They are using TV, Social Media, Internet to get popular and known in people. They also launch many advertising campaign and introduces their different promotional offer to the customers.

Supply chain innovations should ensure on-shelf availability at retail outlets, improving collaboration between vendors and retailers, translating supply chain costs to product pricing, lean inventory and real time replenishment. Wal-Mart should ensure that process differentiation to determine the right method of moving products with varying demand characteristics (Akehurst, C., & Alexander, N. (1995)

Mission statement: “ To be a leader in merchandising and distribution of food, personal care items, pharmacy, seasonal merchandise and related products & services."