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Shoppers Drug Mart

Shoppers Drug Mart

Parent Company: Loblaw Companies Limited

Brand Value: $1,698 million

Headquarter City: Toronto

YoY Change: 17%

Industry: Retail

Year Formed: 1962

Shoppers Drug Mart, one of Canada’s leading retail pharmacy chains, operates under an Associate Concept in which pharmacists have an ownership stake in the stores they operate. Like many North American drug stores, Shoppers Drug Mart early abandoned its soda counters and now focuses on selling healthcare services along with health and beauty products and a range of general merchandise. The brand also has medical clinic pharmacies, which are smaller stores located inside clinics and hospitals, and several luxury beauty locations. Since 2013, Shoppers Drug Mart has been owned by retail holding company Loblaw Companies Limited, which has introduced joint loyalty programs and its own branded products. In Quebec, the brand is known as Pharmaprix.

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