General Merchandise/HBC

Lil’ Drug Store Recognized as a Best Managed Company

HBC, general merchandise supplier to convenience-store, travel and hospitality retailers honored during its 50th anniversary
Logo/Lil' Drug Store Products

Lil’ Drug Store Products (LDSP) has been selected as a 2024 U.S. Best Managed company. Now in its fifth year, the award, sponsored by Deloitte Private and The Wall Street Journal, recognizes the achievements of U.S. private companies and the successes of their management teams.

“Receiving this award is a true honor that reflects the dedication of our entire team and our commitment to consistently addressing the health and wellness needs of our customers in the convenience and travel industries,” said Chris DeWolf, president and CEO of LDSP. “This accolade underscores our strong company culture and values and celebrates our growth from a simple idea into an industry leader. Receiving this during our 50th anniversary makes it particularly meaningful. We are thrilled to honor the contributions and passion of both our current and former team members and look forward to a bright future at Lil’ Drug.”

U.S. Best Managed Companies is part of a global Deloitte Private program. An external panel of judges evaluate applicants based on strategy, ability to execute, culture and governance and financial performance. LDSP competed with and joins thousands of private companies from more than 44 countries. U.S. designees have revenues of at least $250 million.

Founded in 1974, Cedar Rapids, Iowa-based LDSP serves the “point-of-need” marketplace—approximately 180,000 retail locations including convenience stores, travel and hospitality and other alternative retail locations including hotels, airports, cruise lines and others. With its growing roster of brand partnerships, LDSP has become a leading supplier of name-brand and private-labeled health and beauty care (HBC) products to retail and wholesale customers.

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