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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.
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.
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Sometimes it seems like you can't drive a mile or walk a block without hitting a drugstore, and for good reason. Drugstores these days stock everything from health food to holiday decorations.
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 ...
Osco Drug (freestanding stores acquired by and converted to CVS in 2006) Pay 'n Save (acquired by Thirfty Corp. in 1988, rebranded as PayLess Drug) PayLess Drug Stores (purchased by Rite Aid in 1996) Peoples Drug (acquired by CVS in 1990; rebranded in 1994) Perry Drug Stores (acquired by Rite Aid in 1995) Phar-Mor (bankrupt in 2002)
The center also included a Food Lane supermarket; Woolworth's; Bond Stores, Franklin Simon & Co., Joseph R. Harris Co., Peck & Peck, and Wilson's Mens Store clothing stores; Mayer & Company furniture; Thom McAn and Hahn's Shoes; Fanny Farmer candy; and Western Auto as well as a Peoples Drug Store, which featured stores on both the upper and ...
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