China Nepstar

China Nepstar

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China Nepstar Chain Drugstore Ltd. (simplified Chinese: 中国海王星辰连锁药店有限公司; traditional Chinese: 中國海王星辰連鎖藥店有限公司; pinyin: Zhōngguó Hǎi Wángxīngchén Liánsuǒ Yàodiàn Yǒuxiàngōngsī NYSE: NPD), doing business as China Nepstar (Chinese: 海王星辰; pinyin: Hǎiwángxīng chén), is China's largest retail drugstore chain on the number of directly operated stores.

Its head office is on the 6th floor of Block B of the Xinnengyuan Building (S: 新能源大厦, T: 新能源大廈, P: Xīnnéngyuán Dàshà) in Nanshan District, Shenzhen.

As of March 31, 2009, the Company had 2,336 stores across 63 cities, one headquarter distribution center and 12 regional distribution centers in China.

It uses directly operated stores, centralized procurement and a network of regional distribution centers to provide customers with pharmacy services and a wide variety of other merchandise, including over-the-counter ("OTC") drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables and seasonal and promotional items. China Nepstar's strategy of competitive pricing, customer loyalty programs (7 million members as of April 2008) and private label offerings has enabled it to capitalize on the robust demographic and economic growth trends in China to achieve a leading brand and market position.

The Company also offers products under its own brand names (private label products). It offers 1,356 private label products.

The company pioneered the concept of chain retailing in pharmacies in China.

Read more about China Nepstar:  History, Products, Stores, Listings, Agreements, CEO, Acquisitions, Corporate Social Responsibility, Awards, Training

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