Lil’ Drug Store Products, Inc. Recognized as a US Best Managed Company
CEDAR RAPIDS, Iowa , May 06 /Businesswire/ - Lil’ Drug Store Products (LDSP) is proud to announce it has been selected as a 2024 US 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. "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."
US Best Managed Companies is part of a global Deloitte Private program. Honorees are selected by an external panel of judges who evaluate applicants based on strategy, ability to execute, culture, and governance and financial performance. They join an ecosystem of organizations from more than 44 countries.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Thousands of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture, and governance/financials. For more information, visit www.usbestmanagedcompanies.com.
About Lil’ Drug Store Products:
Founded in 1974 to provide convenient relief to travelers, Lil’ Drug Store Products (LDSP) today serves approximately 180,000 retail locations including convenience stores, travel and hospitality, and other alternative retail locations. With its growing roster of brand partnerships, LDSP has become the #1 supplier of name-brand and private labeled health and beauty products to retail and wholesale customers. LDSP proudly serves the point-of-need marketplace that includes convenience stores, hotels, airports, cruise lines and others.
*Please see www.deloitte.com/us/about for a detailed description of their legal structure.
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