CARE Pharmacies named to the Hot 100 Retailers list by the National Retail Foundation

CARE Pharmacies was one of only two Maryland based companies named to the National Retail Foundation’s recently announced annual Hot 100 Retailers list. The other Maryland based company is the internationally renowned sports apparel company Under Armour.

The recognition places the local pharmacy cooperative in an elite crowd of prominent national businesses and corporations. The list is comprised mostly of major corporations such as Apple, Amazon, Chipotle Mexican Grill, Dick’s Sporting Goods, and other household names.

“Being named to the “Hot 100” list for a second time in three years serves as a testament to the organization’s position as a leader in the pharmacy industry,” said CARE Pharmacies CEO Michael Wysong. “At a time where many retail organizations in our industry have felt the pinch of the economy and the pressures of new technologies, our nimble and dynamic approach and focus on personal service for our members has allowed us to continue to grow in a very healthy way.”

CARE Pharmacies was ranked number 49 on the list, placing ahead of organizations such as Wegmans, The Home Depot, Pier 1 Imports, Costco, and Dick’s Sporting Goods among others.

The Hot 100 Retailers section is the definitive annual ranking of the nation’s fastest-growing retail companies. Rankings are determined by increases in domestic sales between 2012 and 2013; all retail companies with domestic sales in excess of $300 million were eligible. Hot 100 retailers averaged year-over-year domestic sales growth of 12.4 percent.

The National Retail Foundation is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation. 

About CARE Pharmacies:

CARE Pharmacies Cooperative Inc. is a growing independent retail chain headquartered in Elkridge, Maryland. CARE Pharmacies combines the quality of a trusted local pharmacy with the growth and stability of a national organization. With over 85 pharmacies nationwide and growing, CARE understands its patients, their special needs, prescriptions, local community health concerns, and the importance of personalized CARE – the building blocks to a health family and a strong local community.

CARE is a proud member of NACDS, NASP, NCPA, APhA, Maryland Pharmacists Association, PQA, Script Your Future Baltimore, and the D.C. Pharmacy Association. 

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