Report: Walgreens strengthens marketshare in key Charlotte metropolitan market with Kerr acquisition

TAMPA, Fla. — Chain Store Guide on Friday released its latest analysis on the recently-completed Kerr Drug acquisition by Walgreens. Walgreens had announced that 20 of Kerr Drug's 76 locations would be closed, with 16 of those prescription files transferred to Walgreens locations and the remainder to other pharmacies. 

According to CSG, Walgreens will strengthen its market share position in the Charlotte metro area. Fielding 44 core Walgreens locations, Walgreens will increase its pharmacy market share to 22.7%, according to Chain Store Guide’s 2013 Drug Industry Market Share Report published in August 2013. 

CVS/Caremark's market share within Charlotte is 37.6% with 75 locations and Rite Aid's share is 16.2% with 51 locations.