BNET Industries

Last Fiscal Year Sales:$2.7B
- Public
- CA
Dow Jones Description
Making drug shopping easier! Shoppers Drug Mart Corporation (TOR:SC ), founded in 1962, is Canada's only nationwide drugstore chain. It has about 910 retail drug stores and about 50 Shoppers Home Health Care stores. It sells medications, health and beauty aids, cosmetics and fragrances, everyday household needs and seasonal products. It also offers private-label products marketed under the Life Brand and Quo trademarks. Based in Toronto, Canada, the company has revenue of about $5.8 billion and employs about 32,000 people.
Number of Employees 32,000
Peer Companies
NAICS Code Pharmacies and Drug Stores: 446110
Recent Events
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Retire Your Ride program offers incentives for vehicles from 1995 or earlier
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Shoppers Drug Mart to open Murale store in Vancouver
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Shoppers Drug Mart Launches Health and Beauty Product Line
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Shoppers advertises new scented product brand
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Shoppers Drug Mart Expands Exclusive Label Repertoire with Launch of Baléa
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Shoppers Drug Mart Corporation to release third quarter results on November 11 and hold analyst...
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Shoppers Drug Mart to open two new Murale stores
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Shoppers to Open Murale in Toronto
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Shoppers Drug to premiere new beauty store in Toronto
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Shoppers Drug Mart Corporation to open first Murale store in Toronto
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Cosmetics give Shoppers healthy glow
News & Analysis
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shoppers drug mart ltd. - All News and Analysis
What's prudent is not necessarily smart
Shoppers Drug Mart announced two hires earlier this year that are worth noting. Former Target merchant Mary Kelly signed on to oversee Shoppers' front-end business, while Mark Valesano, who formerly ran the pharmacy and H&BA business at the Wegmans grocery chain, has been asked to run Shoppers' pharmacy business. ...
Valesano, Kelly get SDM posts
TORONTO -- Mary Kelly has been named executive vice president of merchandising and category management at Shoppers Drug Mart SDM. In addition, the drug chain has announced that Mark Valesano is joining the retailer as executive vice president of pharmacy. Kelly has a wealth of senior-level merchandising experience in...
Stores are delivering solid sales increases
LONGUEUIL, Quebec -- Systemwide retail sales for the Jean Coutu Group's franchise network in Canada rose 5% in the third quarter of fiscal 2009 to reach $850 million Canadian through a combination of expansion and same-store gains. Overall same-store sales increased 3.2% during the 13 weeks ended November 29,...
SDM appoints Lukow CFO
TORONTO -- Bradley Lukow has become executive vice president and chief financial officer of Shoppers Drug Mart SDM. He succeeds George Halatsis, who has resigned from the Canadian drug chain to pursue another career opportunity. Lukow is a veteran SDM employee with more than 14 years in senior financial...
SDM, CVS take wraps off new concepts in beauty care
NEW YORK -- Late fall 2008 saw the launch of innovative beauty store formats from leading chain drug retailers in both the United States and Canada. In November CVS Caremark Corp. debuted its Beauty 360 prestige beauty store in Washington, D.C., while Shoppers Drug Mart SDM introduced its first...
Four new stores reflect industry's vitality
Students of retailing would be well advised to visit four stores that United States and Canadian drug chains have opened in the past two months. Two of the stores are located in the United States, and two are in Canada. The U.S. stores are the CVS Beauty 360...
SDM's Murale lets women 'find their sense of beautiful'
ORLEANS, Ontario -- The verdict of the suppliers and media people who attended the preview of the first Murale beauty store that opened earlier this month in this Ottawa suburb is that they witnessed the birth of a likely winner. Shoppers Drug Mart SDM is the parent company of what...
Luxury is at center of concept
ORLEANS, Ontario -- The mauve Murale logo and the muted, pastel shades of the store's interior, coupled with subtle lighting effects, were deliberately selected to offer the customer a sensory experience very different from the clinical feel of Shoppers Drug Mart outlets and other chain drug stores. The design...
SDM earnings jump by 14.7% in quarter
TORONTO -- Shoppers Drug Mart SDM turned in another strong performance in the third quarter, as net income once again grew by double digits, driven by solid top-line growth, an improved sales mix and effective cost controls. The results met the consensus estimate of analysts polled by Reuters Estimates. ...
Shoppers Drug Mart unveils Murale beauty care/pharmacy concept
[ILLUSTRATION OMITTED] TORONTO -- Shoppers Drug Mart has officially unveiled its new retail beauty concept store, dubbed Murale, with a launch event held Nov. 6. The new beauty concept store is located in Ottawa, Ontario, in Place D'Orleans. By year-end, Murale's first flagship store is expected to open...
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Shoppers Drug Mart
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