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Longs Drugs is an American chain owned by parent company CVS Health with approximately 70 drugstores throughout the state of Hawaii and formerly in the Continental US. Before being acquired by parent company CVS Health in 2008, it was a chain of over 500 stores, located primarily on the West Coast of the United States .
Longs Drugs is a retail pharmacy chain with approximately 40 drug stores throughout the state of Hawaii. Prior to its acquisition by CVS in 2008, it was a chain of over 500 stores located primarily on the west coast of the United States.
On August 12, 2008, CVS Pharmacy announced that it would acquire Longs Drugs for $2.9 billion. Walgreens made a counteroffer but dropped it. The deal closed October 30, 2008. [31] [32] Longs Drugs stores outside Hawaii were rebranded to CVS Pharmacy by the summer of 2009.
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In the 1930s, Mr. Long borrowed $25,000 ($376,000 in 2018) to open a drug store with his younger brother, Joseph in Oakland.That store would become the first of a 274-store chain which in 1996 had annual sales of $2.5 billion in five states as of the time of his death.
In 1961, The Jewel Companies, Inc. acquired Osco Drug Stores. In 1984, American Stores bought Jewel, which had owned Osco Drug since 1961. American Stores was purchased in 1999 by Albertsons. In 2006, Albertsons was broken up and many standalone Osco stores were purchased by CVS Pharmacy. The Osco name remains in place as the drug store ...
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)
Its original tenants included Sears, Roebuck and Company, F. W. Woolworth Company, Foodland, Longs Drugs, and Shirokiya, among other local shops. Ala Moana Center's second-phase expansion included the 1961 addition of the Ala Moana Office Building (including La Ronde , the first revolving restaurant in the United States), and the 1966 addition ...
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