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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 ...
Following the acquisition, the new owners planned to convert all Genovese locations to the Eckerd name within a year. However, the chain ultimately remained. By 2003, all Genovese stores were remodeled and rebranded as Eckerd. [13] Three years later, Eckerd was in turn purchased by Rite Aid and all locations were rebranded. [14]
Eckerd store in Rochester, Pennsylvania, pictured shortly before its conversion into a Rite Aid in August 2007. The merger made Rite Aid the dominant drug store retailer in the Eastern U.S., and the third largest drug retailer nationwide; at its peak in 2008, Rite Aid had a total of 5,059 stores and employed 112,800 people. [30]
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.
This page was last edited on 3 September 2021, at 17:42 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Also shown was a location of Thrift Drug's nominal successor (through Eckerd) and fellow Pennsylvania pharmacy, Rite Aid. Due to Rite Aid's connection to Thrift Drug through Eckerd, Rite Aid, as well as CVS which also purchased many Eckerd stores, accept JCPenney credit cards despite having otherwise had no corporate affiliation with JCPenney.
This beginner-friendly pastry hack transforms store-bought puff pastry into a beautiful bite-sized snack. We’ve seen videos using sliced apples, tomatoes, and even caramelized onions, ...