Shoppers Drug Mart
Parent Company: Loblaw Companies Limited
Brand Value: $1,447 million
Headquarter City: Toronto
Year Formed: 1962
Shoppers Drug Mart is Canada’s leading retail pharmacy chain, operating 1,307 stores across the country. The brand 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 49 medical clinic pharmacies, smaller stores located inside clinics and hospitals, and five 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.