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In the second quarter of 2005, the company recorded a $19.7 million US foreign exchange loss on items related to the Eckerd acquisition. On August 24, 2006, Rite Aid announced that it would acquire 1,858 Jean Coutu's Eckerd and Brooks U.S. operations for $1.45 billion in cash and issuing stock, giving Jean Coutu a 32% equity stake in Rite Aid. [6]
Cumberland Drugs was a pharmacy chain that operated stores in Quebec (with majority of them in the Montreal area) and Eastern Ontario.Founded in 1967, [1] Cumberland Drugs was sold in 1997 upon the retirement of Morrie Neiss (none of his heirs were interested in carrying on the family business), selling most stores to Jean Coutu, Uniprix and Essaim/Obonsoins (now Proxim).
Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Rexall is owned by McKesson Canada , which is a subsidiary of McKesson Corporation , a U.S.-based public company. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees.
In 2004, the St. Vital Shopping Centre in Winnipeg became the new home to London Drugs' first Manitoba store. Today, London Drugs has stores in more than 35 major markets throughout British Columbia, Alberta, Saskatchewan, and Manitoba. According to their website, as of September 2019, they operate 82 stores.
Jean Coutu founded the Marcelle and Jean Coutu Foundation which mainly supports numerous causes such as poverty, women and child abuse, education, and the fight against drug addiction in Canada. [4] It has contributed to multiple organizations, including: Autism research [5] Centraide [6] Fondation Le Pilier [7] Mira [8] Moisson Montréal [4 ...
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Grant Park Shopping Centre (formerly Grant Park Plaza) is a 70-shop, nearly 400,000-square-foot [1] shopping centre in the Grant Park area of southwest Winnipeg, Manitoba, Canada. Located near the mall are Grant Park High School and the Pan-Am Pool .
Riverview Health Centre is a community hospital in Winnipeg, Manitoba, Canada.It was founded in 1911 by the City of Winnipeg as the Winnipeg Municipal Hospital. The hospital consisted of two buildings called the King Edward Memorial Hospital which was built in 1911 and the King George Hospital built in 1914.