AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

China Nepstar

Company nameChina Nepstar Chain Drugstore Ltd.
Company typePublic (Nyse - NPD)
IndustryPharmacy, retail (drugs)
HeadquartersNanshan District, Shenzhen
Key peopleQian Jiannong CEO
Revenue(+)2.218 billion CNY (2009)
Net income(+)140 million CNY (2009)
Employees14,793 (2009 Mar.)

     Home | Company | Nepstar

China Nepstar ( ), the trading name of China Nepstar Chain Drugstore Ltd. ( ) (Nyse - NPD), is China's largest retail drugstore chain on the number of directly operated stores.

As of March 31, 2009, the Company had 2,336 stores across 63 cities, one headquarter distribution center and 12 regional distribution centers in China.

It uses directly operated stores, centralized procurement and a network of regional distribution centers to provide customers with pharmacy services and a wide variety of other merchandise, including over-the-counter ("OTC") drugs, nutritional supplements, herbal products, personal care products, family care products, and convenience products including consumables and seasonal and promotional items. China Nepstar's strategy of competitive pricing, customer loyalty programs (7 million members as of April 2008) and private label offerings has enabled it to capitalize on the robust demographic and economic growth trends in China to achieve a leading brand and market position.

The Company also offers products under its own brand names (private label products). It offers 1,356 private label products.

The company pioneered the concept of chain retailing in pharmacies in China.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260