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The company was co-founded in 1969 by Jean Coutu and Louis Michaud, as a pharmacy in the east end of Montreal under the name Pharm-Escomptes Jean Coutu. The company became incorporated in 1973 under the name Services Farmico, enticed by the five branches already set up in Montreal.
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).
Brooks Pharmacy was the main trade name for The Jean Coutu Group (PJC) USA, Inc., which was formerly the U.S. subsidiary of the Quebec-based Jean Coutu Group, and is currently an in-name-only subsidiary of Rite Aid. The chain had more than 330 pharmacies, which were located throughout New England and New York. Brooks was a well-recognized name ...
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.
An Eckerd Pharmacy in Rochester, Pennsylvania, pictured shortly before its conversion into a Rite Aid in August 2007. This location closed in October 2023. [13] On August 23, 2006, The Wall Street Journal announced that Rite Aid would acquire 1,858 Eckerd Pharmacy and Brooks Pharmacy stores from Jean Coutu for US$3.4 billion (~$4.94 billion in ...
Uniprix is a pharmacy chain founded in 1977 and based in Saint-Leonard, Montreal, Quebec. It operates under four brands: Uniprix, Unipharm, Clinique Santé and Uniclinique (inside clinics). Combining its four brands, Uniprix is the second-largest pharmacy chain in Quebec (after Jean Coutu) and is mutually exclusive with the Pharmasave chain in ...
The Federal Reserve cut its benchmark interest rate Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks tumbling.
Jesse Boot (1850–1931), British businessman and transformer of the Boots Pharmacy/Drug Company into a national retailer; John Boot (1815–1860), British founder of Boots the Chemists; Ornella Barra, Italian, Chief Executive, Pharmaceutical Wholesale Division Alliance Boots; Jean Coutu (born 1927), French Canadian founder of the Jean Coutu Group