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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]
Jean Coutu, OC OQ (born May 29, 1927) is a Canadian pharmacist and businessman. He is the founder and chairman of the Jean Coutu Group which he started in 1969.
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Jean Coutu may refer to: Jean Coutu (actor), actor from Quebec, Canada; Jean Coutu (pharmacist), Quebec pharmacist; Jean Coutu Group, Quebec business; See also.
Around this period, one of the major rival pharmacies in Canada was Shoppers Drug Mart. [ 6 ] In 2018, the president of Rexall at that point, Beth Newlands Campbell , announced that the Pharma Plus brand would be discontinued and all stores would be converted to Rexall in order to create a more consistent look for the chain.
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.
Rimouski-Neigette (French pronunciation: [ʁimuski nɛʒɛt]) is a regional county municipality in the Bas-Saint-Laurent region of Quebec, Canada.
The name Rimouski most likely derived from a Micmac word meaning "land of the moose". [6] The city was founded by Sir René Lepage de Ste-Claire in 1696. Originally from Ouanne in the Burgundy region, he exchanged property he owned on the Île d'Orléans with Augustin Rouer de la Cardonnière for the Seigneurie of Rimouski, which extended along the St. Lawrence River from the Hâtée River at ...