- Drugstore.com
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drugstore.com, inc. Founder: Jed Smith 
Type Subsidiary Industry Retail
Online shoppingFounded 1997 Headquarters Bellevue, Washington Key people Dawn G. Lepore, Chairman, President, and CEO
Jed Smith, FounderProducts Prescription and OTC Pharmaceuticals, General Sundrys, Name-brand and private-label health and beauty items. Employees 670 Parent Walgreens Website http://drugstore.com/ Drugstore.com (styled as drugstore.com) is an Internet retailer in health and beauty care products headquartered in Bellevue, Washington. Its web operations were launched on February 24, 1999.
Partnerships with other companies allow customers to pick up prescriptions at Rite Aid stores, enables drugstore.com to sell Rite Aid products, as well as vitamins from retailer General Nutrition Center (GNC). Drugstore.com ended a sourcing deal with Amazon.com in 2005. In addition to the Drugstore.com website, the company also maintains storefronts at: Beauty.com, sexualwellbeing.com, AtHisBest.com, allergysuperstore.com, TheNaturalStore.com, and VisionDirect.com.
It is headquartered at 411 108th Ave. NE, Suite 1400; Bellevue, WA 98004; (425) 372-3200.
Its customer service centers are located in Bellevue, Washington and Halifax, Nova Scotia.
DS Distribution, Inc., located in the Pureland Industrial Complex in Logan Township, New Jersey, is its wholly owned subsidiary responsible for the distribution of OTC products, beauty.com products, and CNS (Custom Nutrition Services) products. Distribution of VisionDirect.com products is from a center in Logan Township, New Jersey. Prescriptions are handled by BioScrip Pharmacy Services in Columbus, Ohio.[1]
It has an "FSA store" containing items that are likely to be eligible for purchase using a medical flexible spending account, and by extension a health reimbursement account or health savings account as well. This in turn led to its invention of the very first inventory information approval system (IIAS) in 2005; it wasn't used in brick-and-mortar retailing until 2006 by Walgreens. Under a 2006 Internal Revenue Service ruling, IIAS must be installed by every grocery store, discount store, and Internet pharmacy that accepts FSA debit cards by the end of 2007, and by most chain pharmacies by the end of 2008.
On December 28, 2009, Drugstore.com said that it would buy Salu Inc., the operator of SkinStore.com, for $36 million.
On March 24, 2011, Drugstore.com was acquired by Walgreens for $409 million.[2]
References
- ^ http://www.drugstore.com/templates/stackdept/default.asp?catid=151768
- ^ Robin Wauters, TechCrunch. "Boom! Walgreens Buys Online Retailer Drugstore.com For $409 Million." March 24, 2011.
External links
Categories:- Online retail companies of the United States
- Companies based in Bellevue, Washington
- Retail companies established in 1999
- Internet properties established in 1999
- Dot-com
- Website stubs
- United States retail company stubs
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