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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 ...
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.
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.
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 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.
In 1992, when the company had grown to over 300 stores and 25,000 employees, [6] Monus and his CFO Patrick Finn were accused of embezzlement: they had allegedly hidden losses and moved about $10 million (~$19.5 million in 2023) from Phar-Mor to the World Basketball League that Monus had founded.
Most of the former Eckerd stores, which were converted to CVS stores by June, are located in Florida, Texas, and other southern states. Because JCPenney credit cards were accepted at Eckerd locations, CVS continued to accept them until July 2014. A CVS Pharmacy on Canal Street in Downtown New Orleans A typical 2000s CVS in Coventry, Connecticut.
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related to: eckerds pharmacy locations- 109 S High St #100, Columbus, OH · Directions · (614) 224-4261
The lowest prices on specific drugs - Family Circle