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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 ...
The transaction was officially completed in June 2008. All Brooks and Eckerd locations were either rebranded as Rite Aid. To comply with FTC antitrust regulations, some Brooks/Eckerd locations within a mile of a Rite Aid store were sold to another pharmacy company, such as CVS/pharmacy or Walgreens, or were closed.
Genovese Drug Stores was a pharmacy chain with stores in New York City, Long Island, northern New Jersey, Fairfield County, Connecticut, and Hartford County, Connecticut. It was acquired by JCPenney in 1998 and merged with its Eckerd Corporation subsidiary.
The companies entered into a consent order with the agency, under which it was agreed that the Virginia-area stores would be divested to Eckerd Corporation and the Binghamton stores would be divested to Medicine Shoppe, Inc. [13] As part of executing the divestiture to Eckerd, the FTC alleged that CVS removed important computers and pharmacy ...
The site had been vacant since the Eckerd drug store at the address closed in 2005, the year after the Eckerd chain sold to the Canadian Jean Coutu Group pharmacy chain.
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