Search results
Results from the WOW.Com Content Network
Peoples Drug was a chain of drugstores based in Alexandria, Virginia. [1] Founded in 1905, Peoples was subsequently purchased by Lane Drug in 1975, Imasco in 1984, and finally by CVS in 1990, which continued to run the stores under the Peoples banner until 1994, at which time the stores were converted to CVS, marking the end of the use of the Peoples Drug name.
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.
In October 1993, the 60-store Standard Drug chain was bought by CVS Corp., which closed several locations and renamed the others as Peoples Drug stores. [1] CVS had purchased the Washington, D.C.–based Peoples in 1990, renovating and expanding most of the stores, but had retained the Peoples name.
CVS acquired 500 Peoples Drug stores in 1990, establishing the company in new mid-Atlantic markets including Washington, D.C., Pennsylvania, Maryland and Virginia. [8] In 1994, the launched PharmaCare, a pharmacy benefit management (PBM) company. [ 9 ]
Over half (about 48,000) are located within drug stores, grocery stores, hospitals, department stores, medical clinics, surgery clinics, universities, nursing homes, prisons, and other facilities. The remaining pharmacies are considered to be independent or privately owned.
At that time the company operated 106 drug stores in five states, including Ohio, Pennsylvania, West Virginia, Alabama, and Georgia. In 1972, Lane's merged with the 25-store Schuman Drug and Dynamic Discount Drug chain, and purchased a 22% interest in People's Drug of Alexandria, Virginia. [1] [11] [12] In 1976, Lane's merged with People's Drug ...
Among the companies acquired was Baltimore, Maryland's Read's Drug Store. On April 10, 1989, Peoples Drug's 114 unit Lane Drug of Ohio was purchased by Rite Aid. [21] Rite Aid acquired twenty-four Hook's Drug Stores stores in 1994, selling nine of those stores to Perry Drug Stores, a Michigan-based pharmacy chain. One year later, Rite Aid ...
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1998. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia-area grocery stores (Childs, George Dunlap, Bell Company, and A House That Quality Built) to form American Stores.