Module 1 Flashcards
When did Tomas Dy Makao open a Chinese herbal pharmacy?
In 1912, Tomas Dy Makao opened a Chinese herbal pharmacy named Southern Drug in Naga.
What significant change did Southern Drug make in 1950?
In 1950, Southern Drug began to offer Western medicine and expanded to the rest of the Bicol provinces, changing its name to New Southstar Drug.
When did New Southstar Drug open its first store outside of Bicol?
In 1980, New Southstar Drug opened its first store outside of Bicol in Metro Manila.
What name change occurred in 1990?
In 1990, following its expansion to other regions, New Southstar Drug was renamed Southstar Drug.
What technological advancement did Southstar Drug implement in the 2000s?
In the 2000s, Southstar Drug became the first drugstore chain to fully implement a centralized POS system in all its branches.
What recognition did Southstar Drug receive in 2007?
In 2007, Southstar Drug was listed in the Top 1000 Corporations in the Philippines.
When did Southstar Drug begin its expansion to the Visayas?
In 2010, Southstar Drug began its expansion to the Visayas starting in Samar.
What major acquisition did Southstar Drug make in 2011?
In 2011, Southstar Drug acquired 50 stores from Manson Drug, giving the company market leadership in Central Luzon.
What anniversary did Southstar Drug celebrate in 2012?
In 2012, Southstar Drug celebrated its 75th anniversary, making it the longest established drugstore chain in the country.
What partnership did Southstar Drug enter in 2012?
In 2012, Southstar Drug entered into a partnership with Robinsons Retail Group, one of the country’s leading retail companies.
What technological innovation did Southstar Drug introduce in 2014?
In 2014, Southstar Drug became the first drugstore to use the Supplier Portal and Analytic, a web-based solution for product information access.
What branding change did Southstar Drug implement in 2015?
In 2015, Southstar Drug changed its corporate logo to communicate a fresher look and improve store design to promote good health.