Drugstore industry
Article Abstract:
The drugstore industry is consolidating through mergers and acquisitions, which reached a new high in 1995. Pharmacies now account for 45% to 55% of retail sales of the larger chains, and about two-thirds of prescription volume is represented by third-party payment plans. The aging of the American population is also positive. Investors should seek stocks with good market shares and managements, though they are not timely in 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Drugstore industry
Article Abstract:
Drugstore chains are divesting non-drug retail operations in 1995, allowing concentration on pharmacy operations and competition from non-drug sectors. Customer service, convenience, and access have become major consumer concerns. Managed care, third-party prescriptions, and demographic trends are also affecting drug chains. Several stocks reflect good market share and strong management, and are advised for investment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: