Major Group SIC 5912 - Drug Stores And Proprietary Stores

SIC 5912 - Drug Stores And Proprietary Stores

SIC 59 - Miscellaneous Retail
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 591 - Drug Stores And Proprietary Stores
  SIC 591 - Drug Stores And Proprietary Stores SIC 592 - Liquor Stores SIC 593 - Used Merchandise Stores SIC 594 - Miscellaneous Shopping Goods Stores SIC 596 - Nonstore Retailers SIC 598 - Fuel Dealers SIC 599 - Retail Stores, Not Elsewhere Classified
  - SIC 5912 - Drug Stores And Proprietary Stores
    SIC 5912 - Drug Stores And Proprietary Stores

Establishments engaged in the retail sale of prescription drugs, proprietary drugs, and non-prescription medicines, and which may also carry a number of related lines, such as cosmetics, toiletries, tobacco, and novelty merchandise. These stores are included on the basis of their usual trade designation rather than on the stricter interpretation of commodities handled. This industry includes drug stores which also operate a soda fountain or lunch counter.

Industry trends:

The drug stores and proprietary stores industry (NAICS 5912) is currently experiencing significant qualitative trends shaped by evolving consumer expectations and technological advancements. One notable trend is the increasing emphasis on digital transformation. Pharmacies are adopting technologies like e-commerce platforms, mobile apps, and telehealth services to enhance customer convenience and stay competitive. This shift is driven by rising demand for online prescription refills, remote consultations, and digital payment options.

Another trend is the integration of wellness and preventative care into traditional pharmacy services. Consumers are seeking more holistic health solutions, pushing pharmacies to offer a range of health and wellness products, including vitamins, supplements, and health monitoring devices. This approach not only diversifies revenue streams but also positions pharmacies as essential health service providers in the community.

Sustainability practices are also gaining traction in the industry. Drug stores are increasingly adopting eco-friendly initiatives such as reducing single-use plastic, promoting recyclable packaging, and sourcing products from sustainable suppliers. This trend is driven by growing consumer awareness and demand for environmentally responsible business practices.

Looking to the near future, the industry is forecasted to continue its digital transformation and focus on health and wellness. The integration of artificial intelligence and data analytics is expected to optimize inventory management and personalized customer experiences. Additionally, partnerships with healthcare providers and expansion into new service areas like chronic disease management may drive growth and differentiation in a competitive market.

This industry is comprised of:

Apothecaries-retail

Drug stores-retail

Pharmacies-retail

Proprietary (non-prescription medicines) stores-retail

Explore related industries:

SIC 2834 - Pharmaceutical Preparations SIC 5122 - Drugs, Drug Proprietaries, And Druggists' Sundries SIC 5399 - Miscellaneous General Merchandise Stores

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