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Its time you got a helping hand
As pharmacists, we dedicate ourselves to the care of people. We dispense medications, ensuring customers understand how they should be taken and what the side effects are. We give advice about healthy living and alternative remedies. Nurturing is in our nature.
As business owners, however, sometimes its comforting to know that there are people dedicated to looking after us. Experienced pharmacists who understand the many challenges of running a drugstore - especially in the dynamic era of consolidation, growth in product lines, and changes in the competitive landscape.
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Rubicon has the winning hand
Most of the pharmacies in our network have been in business for decades. They are generally located in the smaller towns and cities in Western Canada, and customer care has always been their number one priority.
Over the past few years, many changes have occurred in the drug store sector. The number of independent pharmacies has decreased, mostly due to acquisitions by large chains. Big-box retailers, grocery stores, and mass merchandisers have increased their market share.
Across the market, we are seeing a shortage of available pharmacists, with more retiring than starting careers.
However, consumer demand for pharmacy services is growing, as people are living longer and taking more prescription drugs. New and costlier medications are becoming available, and product lines relating to fitness, diet and assisted living are expanding.
As these changes occur, Rubicon is bringing competitive advantages to our managing partners and attractive returns on investment. At a time when independent drugstores are disappearing, Rubicon is providing an alternative route for pharmacies, allowing them to own their own future.
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