| Business Summary | | Drug
Emporium,
Inc.
is
primarily
in
the
business
of
operating
and
franchising
retail
stores
specializing
in
the
sale
of
health
and
beauty
care
products,
over-the-counter
medication,
prescription
drugs,
greeting
cards,
cosmetics
and
highly-consumable
products
primarily
in
an
everyday-low-price
format.
As
of
February
26,
2000,
the
Company
operates
137
company-owned
stores,
known
as
Drug
Emporium,
F&M
Super
Drug
Stores
and
Vix
Drug
Stores.
In
addition
to
the
Company-owned
stores,
as
of
February
26,
2000,
there
are
42
franchise
stores.
The
Company
also
operates
Drug
Emporium.com,
its
online
drug
store
subsidiary
selling
competitively
priced
health
and
beauty
aids,
cosmetics,
vitamins
and
prescription
drugs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DEMPQ
operates
a
national
chain
of
132
Company-owned
and
39
franchised
drug
stores
operating
as
Drug
Emporium,
F&M
Super
Drug
Stores
and
Vix
Drug
Stores.
The
Company
also
operates
an
on-line
drug
store,
DrugEmporium.com.
For
the
39
weeks
ended
11/25/00,
net
sales
fell
5%
to
$636.5
million.
Net
loss
from
continuing
operations
totalled
$9.8
million,
up
from
$2.8
million.
Revenues
reflect
a
lower
average
store
count.
Net
loss
also
reflects
higher
S/G/A
costs
as
a
percent
of
sales. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Kriegel, 54 Chairman,
Pres, CEO | $400K | Terry Moore, 50 CFO,
Treasurer | -- | A. Joel Arnold, 64 Sr.
VP | 203K | Thomas Ziemke, 57 Sr.
VP | 183K | Jane Lagusch, 54 VP,
Sec. | -- | Dollar amounts are as of 26-Feb-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|