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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]
Brooks Pharmacy was the main trade name for The Jean Coutu Group (PJC) USA, Inc., which was formerly the U.S. subsidiary of the Quebec-based Jean Coutu Group, and is currently an in-name-only subsidiary of Rite Aid. The chain had more than 330 pharmacies, which were located throughout New England and New York. Brooks was a well-recognized name ...
Cumberland Drugs was a pharmacy chain that operated stores in Quebec (with majority of them in the Montreal area) and Eastern Ontario.Founded in 1967, [1] Cumberland Drugs was sold in 1997 upon the retirement of Morrie Neiss (none of his heirs were interested in carrying on the family business), selling most stores to Jean Coutu, Uniprix and Essaim/Obonsoins (now Proxim).
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.
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Regardless of what factors cause or contribute to the condition, preeclampsia is treated a number of different ways. If the baby isn't old enough to be delivered safely, ...
Walmart announced Tuesday it will offer same-day prescription delivery services in six states, with a plan to roll out to all 49 states in which it operates a pharmacy in by January.
The name Osco Drug was chosen as the national chain banner because of the large number of stores which already had that name and existed in various parts of the US. The name change was completed for the Skaggs drugstores in 1985 and then for the Sav-on stores in 1986. The name "Osco" did not resonate well with Sav-on's Southern California ...