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In July 2004, JCPenney sold the Eckerd chain to CVS Corporation and Jean Coutu Group for a total of $4.5 billion (~$6.96 billion in 2023). [10] CVS acquired 1,271 Eckerd stores, and support facilities, in Florida, Texas, and other Southern states, as well as Eckerd's pharmacy benefits management and mail order businesses, for $2.15 billion. [10]
Eckerd may refer to: Eckerd Corporation (Eckerd Pharmacy), former American drugstore chain; Eckerd College, private liberal arts college in St. Petersburg, Florida, United States Eckerd College Search and Rescue, a student volunteer maritime search and rescue team; Eckerd Tritons, an intercollegiate sports team representing Eckerd College
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[6] [7] However, by the end of his presidency, Eastman was credited with doubling applications for admission to Eckerd, providing more student housing, and improving the college's stature after its financial scandals. [8] [9] In November 2019, Eastman announced that he would retire from his position.
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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 ...
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 Peter H. Armacost Library, designed by Ayers Saint Gross, houses nearly 250,000 volumes and the Eckerd College Special Collections. [3]The institution now known as Eckerd College was founded as Florida Presbyterian College in 1958 as part of national growth in post-secondary education driven by GIs entering college after returning from World War II and later by the baby boom.