Cedar Rapids product supplier Lil’ Drug Store Products has been selected by The Wall Street Journal and Deloitte Private as a 2024 US Best Managed Company. According to a press release from Business Wire, the award recognizes the success of private U.S. companies and their management teams.
Lil’ Drug Store, which is in its 50th year, serves over 180,000 retail locations nationwide. The family-owned business offers a wide range of name-brand and private-labeled health and beauty products and distributes them to marketplace locales like convenience stores, hotels, airports, cruise lines, and more.
“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 Lil’ Drug Store President and CEO Chris DeWolf, in the release.
Honorees for the award are selected by an external panel of judges who evaluate business applicants based on strategy, ability to execute, culture, and governance and financial performance, according to the release. U.S. designees of the award must have a revenue above $250 million.
