Super-Pharm

Super-Pharm
Super-Pharm logo in Israel (2008-present) Super-Pharm logo in Poland Super-Pharm pharmacy logo in Poland
Company type	Private
Industry	Drugstore, Retail
Founded	1978
Founder	Leon Koffler
Headquarters	Herzliya , Israel
Number of locations	258 (Israel), 78 (Poland), Former locations: 87 (China)
Key people	Leon Koffler (Chairman) Nitzan Lavi (CEO)
Products	Drugs, Health
Revenue	$1.2 billion (2010)^[1]
Number of employees	9000
Website	Super-Pharm (Israel) Super-Pharm (Poland)

Super-Pharm (Hebrew: סופר-פארם) is an Israeli multinational pharmacy chain. It also operates in Poland, and previously operated in China.^[2]^[3]^[4] Super-Pharm was founded by Murray Koffler with his two oldest children, Leon and Theo. The pharmacy uses a similar logo, and has private-label brands (such as Life), as Shoppers Drug Mart in Canada, which was also founded by Koffler.

History

In 1921, Leon Koffler began Koffler Drug Stores. In 1941, his son Murray Koffler inherited two drug stores, called "Koffler's Drugs"; by 1962, Koffler's had grown to a chain of 17 pharmacies, which Murray then renamed "Shoppers Drug Mart" in the 1970s. During the 1970s, Koffler visited Israel; following this visit, he decided to set up a chain similar to his one in Canada. Co-founded with his son Leon and daughter Theo. The first Super-Pharm pharmacy was opened in the Neve Amirim neighbourhood of Herzliya, Israel in 1979.^[1]

Theo Koffler, co-founder and VP, focused on the cosmetic marketing and strategic operational planning.

The drug store was different from pharmacies in the past in that it was open on the Jewish Sabbath (Saturday), and sold products that were not drugs. Two years later, they opened a second pharmacy in Jerusalem; 1985 saw the opening of a Super-Pharm branch in the Ayalon shopping mall, which was their first location in a shopping mall.

In July 2007, Bank Leumi acquired 18% stake in for 190 million shekels. This gave Super-Pharm a company value of NIS 1.05 billion shekels.^[5]

On 4 January 2011, the trade publication Chain Drug Review recognized Super-Pharm as the Global Chain Drug Retailer of the Year for 2010.^[6]

In April 2019, Union Group headed by the Horesh family bought approximately 34% of Super-Pharm from the present investors Leumi Investments, Discount Investments and Leon Koffler.

Private label

Since 1995, Super-Pharm have sold products under their private label Life, and LifeStyle, both of which Shoppers Drug Mart also sells. This brand includes more than 400 different products from toiletries, to medicine, to food products. In 2007, the Life brand made up approximately 13% of their total sales.

Operation

Israel (Company Origin)

Since opening its first store in 1978, Super-Pharm has grown to 235 stores spread across the entire country. It has achieved the position as the largest drugstore chain in Israel.^[7] Super-Pharm is one of the country’s largest employers of non-Jewish Israelis, with close to 20% of their workforce, about 1,000 employees (out of 5,800), are Israeli Arabs; additionally, 25 of the chain's associates franchise stores are owned by Israeli Arabs.^[6]

Poland

In 2001, the Super-Pharm opened its first branch in Poland. As of 2011, the chain operates 33 branches throughout the country. Annual sales of the Polish chain for 2010 are estimated to reach $150 million.^[8]

China

In 2005, the company started operating in China in a joint venture with China's partners; as of 2010, the company operated 87 stores in the country.^[6]

References

^ ^a ^b "Super-Pharm - Company profile". Dun & Bradstreet. Archived from the original on 7 April 2012. Retrieved 3 November 2011.
^ Zommer, Navit (7 September 2011). "Super-Pharm selling China business". Ynetnews. Retrieved 17 December 2022.
^ "Super-Pharm named world's best pharmacy chain". The Jerusalem Post | JPost.com. 24 November 2010. Archived from the original on 2021-10-17. Retrieved 2021-10-17.
^ "Super-Pharm named world's best pharmacy chain - Globes". en.globes.co.il. 23 November 2010. Retrieved 17 December 2022.
^ "Leumi buys 18% of Super Pharm for NIS 190m". Globes. 17 May 2007. Archived from the original on 2 August 2012. Retrieved 3 November 2011.
^ ^a ^b ^c Pinto, David. "Super-Pharm recognized as best global drug chain". Chain Drug Review. Archived from the original on October 18, 2011. Retrieved November 3, 2011.
^ "Super-Pharm - Company Profile". BDiCode. Archived from the original on March 6, 2019. Retrieved June 4, 2018.
^ "SuperPharm to reach $150m in Polish sales in 2010". PMR Publications. 2010-10-27. Archived from the original on 2012-04-06. Retrieved 2011-11-03.