Franchise FAQ

are shoppers drug mart franchise

by Sidney Cummings Published 2 years ago Updated 1 year ago
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Shoppers Drug Mart operates a large system of franchised pharmacy stores across Canada. Each of these stores is independently owned and operated by franchisees (called “Associates”). Associates are required to enter into standard form franchise agreements with Shoppers Drug Mart (the “Associate Agreement”).

Full Answer

How to become a Shoppers Drug Mart Pharmaprix franchisee?

Shoppers Drug Mart/Pharmaprix You’re already considering a career change, why not a life in pharmaceuticals? You’re required to be a licensed pharmacist to become a Shoppers Drug Mart franchisee.

Is Shoppers Drug Mart owned by Super Pharm?

Shoppers Drug Mart. Founded by Murray Koffler, the Koffler family still retains ownership of the Super-Pharm pharmacy, which is in Israel, Poland, and China. Super-Pharm uses the same logo as Shoppers Drug Mart, created by the artist Sylvain Liu. It also uses some of the same private-label brands, such as Life Brand and Quo . In 2013,...

Why be a Shoppers Drug Mart® associate-owner?

Be a trusted healthcare professional and a successful franchise owner. The Associate-Owner is unique to Shoppers Drug Mart ® and offers the opportunity to be the owner and operator of an exciting and growing business. Our Associate-Owners have a strong pride of ownership, and a true commitment to patient care and the communities they serve.

How many Shoppers Drug Mart stores are there in Canada?

Shoppers Drug Mart Corporation is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores operating under the name Shoppers Drug Mart in nine provinces and two territories, and as Pharmaprix in Quebec.

How many pharmacies does Shoppers Drug Mart have?

What is Shoppers Drug Mart?

When did Loblaw buy Shoppers Drug Mart?

When did 1000th Shoppers Drug Mart open?

When did Shoppers Drug Mart merge with Plaza?

Who owns Pharmaprix?

Where did Murray Koffler start his pharmacy?

See 4 more

About this website

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Is shoppers a chain or a franchise?

Profit fell 6.7 percent to $159 million, while revenue rose 2.6 percent to $3.09 billion. Shoppers Drug Mart operates an extensive network of franchised pharmacies across Canada. Each of these businesses is independently owned and operated by franchisees (referred to as « partners »).

How much does owner of Shoppers Drug Mart make?

How much does a Owner Operator at Shoppers Drug Mart make? Owner Operator salaries at Shoppers Drug Mart can range from $125,714-$172,472.

What type of ownership is Shoppers Drug Mart?

Loblaw Companies Limited acquires Shoppers Drug Mart Corporation for $12.4 billion in cash and stock, bringing together two iconic Canadian brands: delivering more choice, value and convenience to help Canadians Live Life Well®.

Can you franchise a pharmacy?

Whether you're an established owner of an independent pharmacy or a pharmacist working at a major chain, the right franchise opportunity can be your next, best move. Above all, look for a franchisor with the resources, experience and commitment to work with you one-on-oneevery day to help you succeed.

What is the largest pharmacy chain in Canada?

Shoppers Drug MartShoppers Drug Mart, Guardian and IDA and Pharmasave are the largest pharmacies in Canada in 2022 based on the number of locations. Shoppers Drug Mart has the most number of locations with 1,216 locations across 11 provinces and territories. Guardian and IDA has 1,108 and Pharmasave has 833 locations in Canada.

Do Shoppers Drug Mart employees get benefits?

Multiple packages available for insurances including dental coverage, prescription coverage, lenses, and much more. Other benefits include employee only events and outside cooperation with other facilities like gyms. 30% discount at Shoppers.

Is Rexall pharmacy a franchise?

After World War I, the cooperative established a franchise arrangement whereby independently owned retail outlets adopted the Rexall trade name and sold Rexall products.

Who can own a pharmacy in Ontario?

144. (1) No person other than a pharmacist or a corporation complying with the requirements of section 142 shall own or operate a pharmacy.

Do pharmacists own the pharmacy?

As outlined by the Drug and Pharmacies Regulation Act, pharmacies must be owned and operated by a pharmacist or a corporation where the majority of directors of the corporation are pharmacists.

Which pharmacy franchise is best?

The brand is also coming up with its health portal and mobile app for the benefit of the people.Sanjivani. Founded in: 2006. Franchising since: 2015. ... EMEDIX. Founded in: 2016. ... SastaSundar. Founded in: 2013. ... Apollo Pharmacy. Founded in: 1983. ... DavaIndia. Founded in: 1995. ... Medlife. Founded in: 2014. ... MedPlus Pharmacy. Founded in: 2006.

How much does a pharmacy franchise cost?

The cost of investment is 1 to 5 lakh rupees and you need 120-300 ft. sq. space to open the pharmacy store.

How does pharmacy franchise work?

A pharma franchise is a business model where a pharmaceutical manufacturing company offers exclusive marketing and selling rights to a business owner. This business model offers convenience and liberty to the franchisee in terms of business, product procurement, order quantity, investment, and marketing!

How much do pharmacy owners make in Canada?

The national average salary for a Independent Pharmacy Owner is $101,999 in Canada. Filter by location to see Independent Pharmacy Owner salaries in your area. Salary estimates are based on 1,124 salaries submitted anonymously to Glassdoor by Independent Pharmacy Owner employees.

What is a pharmacy owner?

Pharmacy owner means the owner of a store or other place of business where controlled dangerous substances are compounded or dispensed by a registered pharmacist; but nothing in this chapter contained shall be construed as conferring on a person who is not registered or licensed as a pharmacist any authority, right, or ...

How old is a senior at Shoppers Drug Mart?

age 65 and olderShoppers Drug Mart: Shoppers Drug Mart offers a 20% discount to all seniors age 65 and older with a personal Shoppers Optimum card.

Do Shoppers Drug Mart employees get discounts?

The employee discount is 30%.

Shoppers Drug Mart Head Office, Ontario (+1 416-493-1220) - VYMaps.com

Contact Us | Shoppers Drug Mart® www1.shoppersdrugmart.ca For questions of medical nature or questions regarding specific medications, please contact your local Shoppers Drug Mart pharmacist. Working in central office | Shoppers Drug Mart corporate.shoppersdrugmart.ca Shoppers Drug Mart® Central Office is located in Toronto, Ontario. Pharmaprix® Central Office is located in Montreal, Quebec.

Our history | Shoppers Drug Mart

With more than 1,300 Shoppers Drug Mart® stores across Canada, we are proud to provide our customers with health, wellness, beauty and household essentials. We are creating new services to help empower Canadians.

Shoppers Drug Mart SWOT Analysis, Competitors & USP | MBA Skool

SWOT analysis of Shoppers Drug Mart analyses the brand/company with its strengths, weaknesses, opportunities & threats. The article also covers top Shoppers Drug Mart competitors and includes Shoppers Drug Mart target market, segmentation, positioning & Unique Selling Proposition (USP).

How many pharmacies does Shoppers Drug Mart have?

Shoppers Drug Mart Inc. (named Pharmaprix in Quebec) is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores in nine provinces and two territories.

What is Shoppers Drug Mart?

In addition to its retail formats, the company owns and operates several specialty services. This includes 56 Shoppers Home Health Care stores (renamed to "Wellwise by Shoppers Drug Mart"), which sell and service assisted-living devices, home-care products, and mobility and medical equipment; Shoppers Drug Mart Specialty Health Network, a provider of specialty drug distribution, pharmacy and comprehensive patient support services; and MediSystem Technologies Inc., a provider of pharmaceutical products and clinical services to long-term care facilities and retirement communities.

When did Loblaw buy Shoppers Drug Mart?

On July 15, 2013, Loblaw Companies announced that it would acquire Shoppers Drug Mart for $12.4 billion, pending shareholder and regulatory approval. The deal was approved by the Competition Bureau on March 21, 2014, and completed on March 28, 2014.

When did 1000th Shoppers Drug Mart open?

On April 26, 2007, the 1000th Shoppers Drug Mart store opened in Toronto, Ontario. In recent years, the chain has been moving to decrease its reliance on pharmaceutical sales and increase sales of what it calls "front of store" items, such as food and cosmetics.

When did Shoppers Drug Mart merge with Plaza?

In 1968, Shoppers Drug Mart grew to 52 stores in Ontario by merging with 33 Plaza Drugstores.

Who owns Pharmaprix?

In 1972, Koffler and the Steinberg grocery chain together launched the Pharmaprix pharmacy chain in Quebec. Koffler later bought out Steinberg's 50% stake in 1979 to take full control of Pharmaprix. In 1974, Lord's Supervalue Pharmacies 26 stores in Atlantic Canada joined the Shoppers Drug Mart family.

Where did Murray Koffler start his pharmacy?

At the age of twenty, Murray Koffler inherited two Koffler's Drugs pharmacies, first at 376 College Street and second on Bathurst Street north of St. Clair Avenue West, then opened a suburban location at Don Mills Centre on the advice of E.P. Taylor. By 1962, Koffler's had grown to a chain of 17 pharmacies, which he renamed "Shoppers Drug Mart" in the 1970s. The first store named "Shoppers Drug Mart" was at Shoppers World Danforth from which it derived the name.

How much of a pharmacy can a non-pharmacist own?

A non-Pharmacist can only own 49% of the company operating any Pharmacy. The 51% shares have to be owned by a Pharmacist or Pharmacists as Majority Share holders. This ensures that the Pharmacist is not subjected to unfair/ethical business practice.

Why invest in automated pill counters?

You better get a high traffic area in order to be successful then you'll be investing in automated pill counters because you don't want to hire 20 people to count scripts for you. The laws in Quebec are different than that of the rest of Canada. I think in Quebec it must be the pharmacist who owns 100% of the business.

Do you have to be a pharmacist to own a pharmacy?

In all provinces, you must be a Pharmacist to Own a Pharmacy. There is no Pharmacy that is owned by a non-Pharmacist (if you know one, let me know and it will be closed).

Does a pharmacy have a retail store?

Basically the pharmacy has very few retail customers (they do operate/maintain a small storefront), but I know for a fact they do incredibly well profit-wise. Even after buying all the nursing homes iPads to maintain electronic medication records recently.

Do pharmacists have to be pharmacists to own a pharmacist's franchise?

Bordello wrote: ↑ You have to be a pharmacist to own a Shopper's franchise, so if you're not one, forget about it. I'm not sure if Rexall/Pharmasave has this requirement as well.

Do you need to be a retail pharmacy to be successful?

If you want to be successful don't be a banner that's restrictive like SDM. Heck you don't really need to be a retail pharmacy if you just want to package for homes

Does Walmart have a pharmacy manager?

Basically, in a store like Wal-Mart, for instance, the pharmacy manager has no relationship with, and is not managed in any way by the Wal-Mart store manager. yup, basically the pharmacy/pharmacist is renting counter space. there's no trickery at all, it's like a mcdonald's inside walmart, just renting retail space.

How many pharmacies does Shoppers Drug Mart have?

Shoppers Drug Mart Inc. (named Pharmaprix in Quebec) is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores in nine provinces and two territories.

What is Shoppers Drug Mart?

In addition to its retail formats, the company owns and operates several specialty services. This includes 56 Shoppers Home Health Care stores (renamed to "Wellwise by Shoppers Drug Mart"), which sell and service assisted-living devices, home-care products, and mobility and medical equipment; Shoppers Drug Mart Specialty Health Network, a provider of specialty drug distribution, pharmacy and comprehensive patient support services; and MediSystem Technologies Inc., a provider of pharmaceutical products and clinical services to long-term care facilities and retirement communities.

When did Loblaw buy Shoppers Drug Mart?

On July 15, 2013, Loblaw Companies announced that it would acquire Shoppers Drug Mart for $12.4 billion, pending shareholder and regulatory approval. The deal was approved by the Competition Bureau on March 21, 2014, and completed on March 28, 2014.

When did 1000th Shoppers Drug Mart open?

On April 26, 2007, the 1000th Shoppers Drug Mart store opened in Toronto, Ontario. In recent years, the chain has been moving to decrease its reliance on pharmaceutical sales and increase sales of what it calls "front of store" items, such as food and cosmetics.

When did Shoppers Drug Mart merge with Plaza?

In 1968, Shoppers Drug Mart grew to 52 stores in Ontario by merging with 33 Plaza Drugstores.

Who owns Pharmaprix?

In 1972, Koffler and the Steinberg grocery chain together launched the Pharmaprix pharmacy chain in Quebec. Koffler later bought out Steinberg's 50% stake in 1979 to take full control of Pharmaprix. In 1974, Lord's Supervalue Pharmacies 26 stores in Atlantic Canada joined the Shoppers Drug Mart family.

Where did Murray Koffler start his pharmacy?

At the age of twenty, Murray Koffler inherited two Koffler's Drugs pharmacies, first at 376 College Street and second on Bathurst Street north of St. Clair Avenue West, then opened a suburban location at Don Mills Centre on the advice of E.P. Taylor. By 1962, Koffler's had grown to a chain of 17 pharmacies, which he renamed "Shoppers Drug Mart" in the 1970s. The first store named "Shoppers Drug Mart" was at Shoppers World Danforth from which it derived the name.

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Summary

Shoppers Drug Mart Inc. (named Pharmaprix in Quebec) is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores in nine provinces and two territories.
The company was founded by pharmacist Murray Koffler in 1962; the Koffler family still retains ownership of the Super-Pharm pharmacy, which has location…

Overview

In addition to its retail formats, the company owns and operates several specialty services. This includes 56 Shoppers Home Health Care stores (renamed to "Wellwise by Shoppers Drug Mart"), which sell and service assisted-living devices, home-care products, and mobility and medical equipment; Shoppers Drug Mart Specialty Health Network, a provider of specialty drug distribution, pharmacy and comprehensive patient support services; and MediSystem Technolog…

History

At the age of twenty, Murray Koffler inherited two Koffler's Drugs pharmacies, first at 376 College Street and second on Bathurst Street north of St. Clair Avenue West, then opened a suburban location at Don Mills Centre on the advice of E.P. Taylor. By 1962, Koffler's had grown to a chain of 17 pharmacies, which he renamed "Shoppers Drug Mart" in the 1970s. The first store named "Shoppe…

Rewards program

Advertising and promotion

• "You're Gonna Be Happy"—early to mid 1980s
• "Everything you Want in a Drugstore"—1980s and the early 1990s
• "Take Care of Yourself"—2000 to 2002
• "Your Life Store"—2002 to present (French variant: Vive la vie!, i.e. "Long live life!"), to go with its own featured "Life" brand

External links

• Shoppers Drug Mart retail store website
• Shoppers Drug Mart corporate website

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