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The transaction was officially completed in June 2008. All Brooks and Eckerd locations were either rebranded as Rite Aid. To comply with FTC antitrust regulations, some Brooks/Eckerd locations within a mile of a Rite Aid store were sold to another pharmacy company, such as CVS/pharmacy or Walgreens, or were closed.
Hook's-SupeRx acquired the New England–based Brooks Pharmacy chain in 1988. [3] Hooks-SupeRx stores traded under three different names – Hook's Drug and SupeRx in the Midwest and Brooks Pharmacy in New England. Hook's-SupeRx was acquired by Revco in 1994. [1] Revco was subsequently acquired by CVS in 1997. Many former Hook's locations are ...
CVS and Walgreens shares have plummeted from all the M&A, while Rite Aid is a much smaller chain. ... some $3 billion of it originally stemming from a 2006 acquisition of the Eckerd and Brooks ...
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 ...
Arbor Drugs – Michigan-based chain; acquired by CVS Pharmacy [73] Big "B" Drugs [74] Brooks Pharmacy – chain of more than 330 pharmacies located throughout New England and New York with corporate headquarters were located in Warwick, Rhode Island; was acquired by Rite Aid in 2007
It previously operated stores in the United States under its U.S. subsidiary The Jean Coutu Group (PJC) USA, Inc., using the Brooks Pharmacy and Eckerd Drugs banners, until it was sold to Rite Aid in 2007 (the subsidiary itself is still active and operates in-name-only under Rite Aid, but its stores have since been converted to Rite Aid).
Highland Brooks Landing Pharmacy has officially opened in Rochester's 19th Ward, addressing a community need.
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