Drugstores Sells Groceries to Help Increase Profits
A number of drugstores have been transforming into community oriented businesses by adding grocery options in hopes to seek larger markets and profits. Most drugstores re selling drinks, toiletries and snacks along with medicines and some are starting to become popular among several residents because of lower prices and a much convenient location.
Drugstore chains such as Nepstar has been providing nondrug products for several years and have gathered regular customers because of its offering of special discounts on products such as toothpaste, toilet paper and rice. Even if some products are not as many compared to supermarkets, drugstores still meets a resident’s everyday demand. Independent drugstores sell fewer nondrug items but still carry drinks and snacks for customers.
Drugstores are allowed to sell these kind of items as long as its approved by the government. Some drugstores are giving more offerings to help increase profits against the challenge from hospitals in medical sales.
Since hospitals dissolved the 15 percent drug price markup, several drugstores had difficulty in surviving since drug prices in hospitals are the same or even lower that the drugstores.