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Individual Assignment 1
Retail Drug and Pharmacy Industry
BUSI 4940.001
Analysis of the Retail Drug and Pharmacy Industry
The Retail Drug and Pharmacy Industry is located all around the world. There’s about
27,572 businesses total in the industry and the NAICS code for this industry is 446110. Some
popular companies in the United States are Walgreens, CVS, and Rite Aid. Top five companies
around include
● Walgreens: 118,214M Sales, 345,000 Employees, United States
● Rite Aid: 32,845.07M Sales, 87,000 Employees, United States
● Shoppers Drug Mart: 10,337.8M Sales, 1,160 Employees, CANADA
● Raia Drogasil: 3,354.97M Sales, 23,204 Employees, Brazil
● Lloyds Pharmacy Limited: 2,680.13M Sales, 17,208 Employees, England
(Hoover)
They sell prescription drugs, over-the-counter medication and vitamins, cosmetic products, and
other common merchandises at different locations. The industry has grown over the years due to
generic medications selling more and more. During the last five years there is an average annual
growth rate of about 1.7% per year and in next upcoming five years there is an expected annual
rate of 4.6% increasing to a revenue of 338.9 billion dollars. One reason the growth rate is at a
good steady rate is because of the increase in healthcare among individuals. With easy access to
healthcare and increase of it more people can afford to visit the doctor which allows more
medicine prescribed. Overall the industries revenue now is 270.6 billion dollars with a profit of
14.9 billion. However, the revenue was higher in 2016 but there was a decrease due to outside
