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Walgreens would pay $500,000 in penalties, fees and costs, and change advertising and other practices. [ 75 ] A judge in Kansas City, Missouri, ordered Walgreens to pay a $309,000 fine for pricing discrepancies in 2015.
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In addition to its drugstore chain Drug Fair also owned and operated Cost Cutters, a discount drug and general merchandise chain. [1] In the 2000s, Drug Fair introduced a discount card called "We Care," which was the company's slogan. The card was good at any Drug Fair or Cost Cutters store as both store's logos were printed on the cards.
Walgreens closed 70 in its fiscal first quarter and plans shutter around 500 this year. Walgreens tops Wall Street's expectations as drugstore chain continues turnaround plan Skip to main content
Walgreens will have more freedom to aggressively cut costs if it becomes privately owned, one industry analyst said. The company is reportedly in talks with Sycamore Partners.
Kerr Drug (acquired by Walgreens in 2013) Lane Drug (purchased by Rite Aid in 1989) LaVerdiere's (purchased by Rite Aid in 1994) Medi Mart (sold to Walgreens in 1980s) 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)
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