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Article: 4 DRUGSTORES IN JAPAN TO JOINTLY CREATE PRIVATE-BRAND PRODUCTS.
- Article from:
- AsiaPulse News
- Article date:
- July 15, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOKYO, July 15 Asia Pulse - Four midsize drugstore chain operators, including Seijo Corp. (TSE:7429) and Segami Medics Co. (TSE:2797), plan to co-develop pharmaceutical products, health foods and other goods for sale under their private brand.
With a combined nationwide sales network of about 800 stores, the group boasts estimated annual sales of 200 billion yen, exceeding Cawachi Ltd. (TSE:2664), the second-largest drug retailer chain, which reports yearly sales of 180.5 billion yen.
Other business alliances involving pharmacies include the one led ...