As consumers’ shopping behaviors continue to evolve, the drug store channel has seen a boon within beverage aisles. Although the channel is struggling to grow, beverages could offer potential for the channel going forward as these stores expand their offerings, says Evan Hoffman, industry research analyst at Los Angeles-based IBISWorld.
Overall, the channel experienced annual growth of 2.7 percent from 2011 to 2016, according to a September 2016 IBISWorld report titled “Pharmacies & Drug Stores in the US.”