Shoppers - Overview

Overview

Shoppers Drug Mart Corporation is the licensor of full-service retail drug stores operating under the names Shoppers Drug Mart and Pharmaprix. Founded in 1962 by Toronto pharmacist Murray Koffler, the Company includes more than 1,200 stores across Canada. The stores are owned and operated by licensed Associate-owners. The Company also licenses or owns 58 medical clinic pharmacies operating under the names Shoppers Simply Pharmacy and Pharmaprix Simplement Sants, as well as eight luxury beauty destinations operations as Murale.

The fiscal 2011 sales were approximately $10.5 billion.

As well, the Company owns and operates 63 Shoppers Home Health Care stores, which are sell and service of assisted-living devices and equipment to institutional and retail customers. In addition to its retail network, the Company owns Shoppers Drug Mart Specialty Health Network Inc., a provider of specialty drug distribution, pharmacy and comprehensive patient support services, and MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.

While the hours of individual Shoppers Drug Marts hours vary, many are open until 10PM or mid-night; some stores are opened 24 hours for shopping convenience.

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