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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 ...
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.
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.
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 ...
It recovered by shedding units such as the Eckerd drug store chain, and by improving stores and product lines. A Successful Quarter The Plano, Texas company had been rounding out a previous five ...
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]
Costco has issued a recall for a cold and flu medication, sold at its stores at the end of 2024, over concerns of contamination.. The retail giant, in an advisory issued on Jan. 2, said Kirkland ...
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.
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