Sunday, March 4, 2012
DrugM My Experiences
From past experiance with Shopper Drug Mart i've experiance a very good customer service help, with buy certain or specific products from the store. Business ethic are obviouly in places in the company because when you first step in to the store you are greeted by a hello of some sort. The floors are clean the shelfs are organization in product categories. Shoppers Drug Mart is almost like your local corner stores which sell lotto tickets , phones cards and even electrical devices. In a week i would probably visit the store atleast 2-3 times because of the convenients of the store and its position around my neighbourhood.
DrugM comparison
Compared to Rexall Rexall Pharma Plus, Shoppers Drug mart has a vast customer involvement and more people tend to shop at shoppers more because it is a recognizable name in Pharmaceutical needs. Shoppers Drug Mart has a bigger chain for sure, and more trustworthy because people are use to going to Shoppers to get their prescriptions filled other than Rexall. On the Contrary, Rexall Pharma Plus is not a bad pharmacy, they have gained a name, yet people seem to go more to Shoppers Drug Mart because they are more remote; whereas there is only one or two Rexall Pharma Plus available. However, Rexall is a little bit cheaper and Shoppers is a bit overpriced due to location their revenues are higher, because, Shoppers Drug Mart is easier to find, because there are so many of them. Nonetheless, aisle for aisle they provide the same condiments for your shopping need.
http://www.reuters.com/finance/stocks/analyst?symbol=SC.TO
http://www.reuters.com/finance/stocks/analyst?symbol=SC.TO
DrugM Profit
Shopper Drugmart at the moment market share price is at 41.50 which could be better. The graph show us a rise in the share then a slight drop during the year period. This is typically behavior for companies because during this usual economic time the market price can just rapidly jump back up.
DrugM Revenue
Shoppers Drugmart had a rise in revenue during the year 2011. Profits rose to $147.9-million in the second quarter compared with $146-million, in the same period a year ago. This is consider a substantial growth over a short period of time. The major reason for the growth of revenue is the infront store sales meaning the day to day products such a shampoo, painkillers, medicines , food and etc. The basic necessities you would find in wal-mart excluding clothes can be found in shoppers drugmart reason the major growth over the one year time frame. In business word of mouth is one of the biggest advertisement used with out actually money funding this marketing strategy, people passing on word that the company is a excellent destination is enough to make a major growth in business. Prescripton drugs are probably one of the biggest pruchases been done at the storeand the company name basically speaks for itself. Prescription sales were $1.15-billion in the second quarterof the year, then it fell of 1% compared with the same period last year.
http://www.cbc.ca/news/business/story/2010/04/28/shoppers-earnings.html
http://www.cbc.ca/news/business/story/2010/04/28/shoppers-earnings.html
DrugsM History
Hey! my name is jerome, i'm doing a blog for my business communication assignment. I have a topic of my choice and i choose shoppers drugmart because its canadian base. Just like the states i got to support our local market, founded in 1962 by Toronto pharmacist Murray Koffler, the Company has grown to a network of more than 1,180 Shoppers Drug Mart stores across Canada. The growth of the shoppers drugmart stores are pretty obvious by the vast numbers of stores on every major intersection across the GTA including canada wide. Shoppers drugmart is almost a Wal-mart for canadians, because of the number of customer it gets through out the years and the good feedbacks they recieve from customers.
http://www.shoppersdrugmart.ca/english/corporate_information/about_us/index.html
http://www.shoppersdrugmart.ca/english/corporate_information/about_us/index.html
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