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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.
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 ...
It continued to operate those stores under the Eckerd name. (The remainder of Eckerd's stores were sold to CVS Pharmacy.) From 1999 to 2004 the chain was the second fastest-growing retailer in the world. In the second quarter of 2005, the company recorded a $19.7 million US foreign exchange loss on items related to the Eckerd acquisition.
The site had been vacant since the Eckerd drug store at the address closed in 2005, the year after the Eckerd chain sold to the Canadian Jean Coutu Group pharmacy chain.
This page was last edited on 3 September 2021, at 17:42 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Both the ice cream stand and a Wachovia bank building that stood in the block of Dawson Street between 16th and 17th streets were demolished to make way for a new Eckerd Drug store (now Rite Aid ...
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.
Eckerd store in Rochester, Pennsylvania, pictured shortly before its conversion into a Rite Aid in August 2007. The merger made Rite Aid the dominant drug store retailer in the Eastern U.S., and the third largest drug retailer nationwide; at its peak in 2008, Rite Aid had a total of 5,059 stores and employed 112,800 people. [30]
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"Shop around for the best prices without a membership fee." - Today