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Some of the best corners in Dallas-Fort Worth today house a Walgreens or a CVS drugstore. The two largest U.S. drugstore chains CVS is No. 1 and Walgreens is No. 2 also dominate the local $3.5 billion-a-year prescription drug market, according to recently released market share data from Chain Store Guide. In addition to each having more than $1 billion in prescription sales in North Texas, the retailers front-end sales, or nonprescription sales, represented an additional $2.2 billion in local sales last year. CVS stores are more productive. Its D-FW nonprescription sales totaled $1.6 billion last year vs. Walgreens $555 million.
*Covers these counties: Collin, Dallas, Delta, Denton, Ellis, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant and Wise. **Including independents such as Doughertys and Preston Road Pharmacy.
Household demographics
Heres a snapshot of the Dallas-Fort Worth market generating these pharmacy sales: Population Percentage of U.S. population Number of households Percentage of U.S. households Average persons per household Average age Average household income Per capita income Median household disposable income Income devoted to food and beverage at home 6,475,391 2.08% 2,360,623 2.02% 2.71 33.4 $79,073 $29,422 $48,165 5.7%
I Drugstores I All types of stores combined 11% 7% 3% Crackers Wine 8% 2% Juices 8% 1% Carbonated beverages
18%
9%
NOTE: Does not total 100% because residents may be in more than one category
SOURCES: Chain Store Guide; Alteryx; U.S. Bureau of Labor Statistics; Nielsen
Todd Hale, senior vice president, consumer and shopper insights, Nielsen