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Home > Company Index > Retail > Discount & Variety Retailing > Marc Glassman Inc.

Marc Glassman Inc.
 PROFILE
Marc Glassman wants to prove that low prices can lead to big things. The retailer operates nearly 50 drugstores, most of which are Marc's Deep-Er Discount stores in northeast Ohio, but also a handful of Xpect Discount Drugs in Connecticut and Massachusetts. Marc Glassman's no-frills stores (sorry, credit cards not accepted) range in size from 18,000 sq. ft. to 48,000 sq. ft. Most have pharmacies and offer a constantly changing mix of closeout and excess merchandise, including clothing, cosmetics, housewares, toys, and tools. The company specializes in seasonal products (Christmas, Halloween, lawn and garden). Owner and chairman Marc Glassman founded the company in 1979.

 COMPETITION
CVS Corporation (CVS)
Rite Aid Corporation (RAD)
Walgreen Co. (WAG)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 640.00
1-Yr. Sales Growth: 7.6%
Employees: 6,000
Revenue per employee: $106,666.67

 KEY PEOPLE
• Kevin Yaugher
    CEO
• Beth Weiner
    CFO

 CONTACT INFO
5841 W. 130th St.
Parma, OH 44130
US
Phone: 216-265-7700
Fax: 216-362-0041
Online: Web Site

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