Dollar Stores Move In on Drugstore’s Territory
It’s nothing new. One retail channel sees an opportunity and moves into it. Drugstores have become more like convenience stores. Mass merchants and club stores have focused on key categories to grab customers from supermarkets. In recent years, dollar store chains have added groceries and growth across the U.S. has been nothing short of phenomenal.
Now, according to a Sun Sentinel report, dollar store chains are also moving into the pharmacy business. Deals, part of Dollar Tree, opened a store that included a pharmacy operated by PharmaGo, an independent operator.
"It’s a win-win on both sides of the equation," Bradley Schnur, chief operating officer of PharmaGo, told the Sun Sentinel. "It’s convenient for the customer to shop while they wait to fill prescriptions."
- South Florida’s dollar stores growing into competition for Walgreens, CVS – Sun Sentinel
- Walgreens Sees Opportunities for Growth – RetailWire
- A Drugstore/Bar Grows in Brooklyn – RetailWire
- Rite Aid and Save-A-Lot in Drug/Food Combo Test – RetailWire
Discussion Questions: Will pharmacies become commonplace in dollar stores? How do you expect drugstores to react to this potential competitive threat?