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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]
The major anchors are Walmart and Ciné Starz, and minor anchors such as TD Canada Trust, Jean Coutu and Dollarama. The mall opened in 1970 as Centre Langelier with 50 tenants anchored by the Marché Union and Woolco. [53] In the 1970s, the Marché Union evolved into Aliments Hypermarché [54] and after IGA Boniprix; [55] it eventually closed ...
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).
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 ]
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SPOILER ALERT: This story discusses major plot points, including the ending for “Gladiator II,” currently playing in theaters. All hail Macrinus! In a world of political backstabbing, power ...
In 2002, Albertsons sold its 84 free-standing Osco Drug stores in Massachusetts, New Hampshire and Maine to the Jean Coutu Group, a Canadian drugstore company. Jean Coutu re-branded the acquired Osco stores as Brooks Pharmacy.
In the early 2010s, Metro stores in Quebec launched an in-house loyalty program, metro&moi (Metro and Me), later rebranded simply Moi (or alternately Moi Rewards in English-speaking Canada) upon expansion to other Metro-owned banners such as Jean Coutu in 2023. Customers earn 1 point for every $1 spent at Metro in Quebec (1 point per $3 spent ...