|
|
Article: General merchandise a key factor in profitability equation.
- Article from:
- Chain Drug Review
- Article date:
- September 25, 2006
CopyrightCOPYRIGHT 2006 Racher Press, Inc. 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)
|
NEW YORK -- The status of general merchandise in chain drug stores presents something of a paradox.
In terms of sales, the wide array of product segments that comprise the category--everything from batteries and writing instruments to panty hose and playing cards--has a modest part in the merchandise mix. According to The Chain Pharmacy Industry Profile--2006, just issued by the National Association of Chain Drug Stores Foundation, general/other merchandise accounted for $3.1 billion in sales in the trade class in 2005, or 2.5% of the total. When photo supplies and nonedible consumables--which NACDS tracks separately but many consider to be general ...