Pharmacies out as conglomerates eye drugs business

The drug and cosmetics store landscape is expected to undergo major changes as some pharmacies are pulling out of the market and others eye the market.

A pharmacist in northern Seoul has to shutter its pharmacy, 48 years since opened a drugstore. He had to quit the pharmacy after consultation with a building owner as CJ Olive Young plans to open the country's first-ever drug store-type shops...