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In the second quarter of 2005, the company recorded a $19.7 million US foreign exchange loss on items related to the Eckerd acquisition. On August 24, 2006, Rite Aid announced that it would acquire 1,858 Jean Coutu's Eckerd and Brooks U.S. operations for $1.45 billion in cash and issuing stock, giving Jean Coutu a 32% equity stake in Rite Aid. [6]
In July 2004, JCPenney sold the Eckerd chain to CVS Corporation and Jean Coutu Group for a total of $4.5 billion (~$6.96 billion in 2023). [10] CVS acquired 1,271 Eckerd stores, and support facilities, in Florida, Texas, and other Southern states, as well as Eckerd's pharmacy benefits management and mail order businesses, for $2.15 billion. [ 10 ]
Jean Coutu may refer to: Jean Coutu (actor), actor from Quebec, Canada; Jean Coutu (pharmacist), Quebec pharmacist; Jean Coutu Group, Quebec business; See also.
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Jean Coutu, OC OQ (born May 29, 1927) is a Canadian pharmacist and businessman. He is the founder and chairman of the Jean Coutu Group which he started in 1969.
In the early 2010s, Metro stores in Quebec launched an in-house loyalty program, metro&moi (Metro and Me), later rebranded simply Moi (or alternately Moi Rewards in English-speaking Canada) upon expansion to other Metro-owned banners such as Jean Coutu in 2023. Customers earn 1 point for every $1 spent at Metro in Quebec (1 point per $3 spent ...
BRASILIA (Reuters) -Brazil's Federal Police will present on Thursday a formal accusation against former President Jair Bolsonaro in their investigation of an alleged coup conspiracy after he lost ...
Giselle Smith and Semaj Morris, 17, were both killed on Wednesday, Dec. 11, with Smith's sister Paris Kiper in critical condition