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Eckerd Corporation was an American pharmacy retail chain that was headquartered in Largo, Florida, [1] and toward the end of its life, in Warwick, Rhode Island. [2] At its peak, Eckerd was the second-largest pharmacy chain in the United States, with approximately 2,802 stores in 23 states as far west as Arizona.
In June 2007, a 109-year-old retail legacy came to an end. Rite-Aid Corporation completed its acquisition of Eckerd Pharmacy by purchasing Jean Coutu USA for $2.3 billion in cash plus $1 billion ...
A large number of acquisitions brought the chain to the state of Michigan in 1984. These were of Grand Rapids, Michigan-based Muir Drug and Remes Drug, along with Lippert Pharmacy of Lowell and Herrlich Drug of Flint; [17] [18] one year later, Rite Aid opened stores in Lansing, Michigan through the acquisition of State Vitamin. [19]
Eckerd may refer to: Eckerd Corporation (Eckerd Pharmacy), former American drugstore chain; Eckerd College, private liberal arts college in St. Petersburg, Florida, United States Eckerd College Search and Rescue, a student volunteer maritime search and rescue team; Eckerd Tritons, an intercollegiate sports team representing Eckerd College
It continued to operate those stores under the Eckerd name. (The remainder of Eckerd's stores were sold to CVS Pharmacy.) From 1999 to 2004 the chain was the second fastest-growing retailer in the world. In the second quarter of 2005, the company recorded a $19.7 million US foreign exchange loss on items related to the Eckerd acquisition.
In 1955, Joseph W. Genovese Jr., the son of the founder and the chairman of the board, introduced selfâservice in the chain. [2] Joseph Jr. died in December 1975 at the age of 46 after undergoing surgery. [2] His father died in November 1978 at the age of 75. [3] His second son, Leonard Genovese, replaced him as chairman. [4] [5]
Brooks Pharmacy was a chain of more than 330 pharmacies located throughout New England and New York and was a well-recognized name in the New England pharmacy industry for several decades. The corporate headquarters were located in Warwick, Rhode Island .
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