Supermarkets & Drugstores - S&P Industry Surveys

Supermarkets & Drugstores

45 pages — Published Feb 13, 2014
Price $695.00  |  Buy this Report Now

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Brief Excerpt:

...In recent years, drugstores and pharmacies have experienced a significant decline in revenue growth. From a peak of 6.6% growth in 2006, revenue growth slowed to only 1.1% in 2012, and declined 0.7% in the first six months of 2013, according to S&P Capital IQ s analysis of the US Census Bureau s Monthly Retail Sales Report data. The drop is mainly due to greater usage of low-priced generic drugs and increases in consumer cost-sharing in a slowly growing economic environment. Generics (a drug sold under its chemical name after the brand-name drug s patent expires) accounted for approximately 80% of prescriptions dispensed in 2013. However, with a significant wave of new generic drugs entering the marketplace hitting a peak in the first half of 2013, drugstore and pharmacy revenues from June 2013 through November 2013 grew 4.0% over the prior-year period. Although hurting drugstore and pharmacy revenue growth, increased sales of generic drugs has the opposite effect on profitability. Although...

  
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S&P Industry Surveys—Standard & Poor's Industry Surveys track more than 50 North American industries. Each report is authored by a Standard & Poor's industry research analyst and includes information about the current industry environment, industry trends, key industry ratios and statistics, how to analyze a company, a glossary of terms and a comparative company financial analysis.

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MLA:
S&P Industry Surveys. "Supermarkets & Drugstores" Feb 13, 2014. Alacra Store. Apr 19, 2014. <http://www.alacrastore.com/storecontent/S-P-Industry-Surveys/Supermarkets-Drugstores-2149-84>
  
APA:
S&P Industry Surveys. (2014). Supermarkets & Drugstores Feb 13, 2014. New York, NY: Alacra Store. Retrieved Apr 19, 2014 from <http://www.alacrastore.com/storecontent/S-P-Industry-Surveys/Supermarkets-Drugstores-2149-84>
  
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