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McKesson Corp is planning to sell Canadian drugstore chain Rexall Pharmacy Group, a source familiar with the process told Reuters on Friday, seven years after the U.S. drug distributor bought the ...
Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees.
Plumb's Drugs, Rexall in Bellefonte, Pennsylvania. Rexall was a chain of American drugstores, and the name of their store-branded products.The stores, having roots in the federation of United Drug Stores starting in 1903, licensed the Rexall brand name to as many as 12,000 drug stores across the United States from 1920 to 1977.
In March 2016, McKesson agreed to purchase Canadian pharmacy chain Rexall from the Katz Group of Companies for $3 billion. [52] The deal was finalized in December 2016 following approval received under the Investment Canada Act. [53] On April 12, 2017, it was announced that McKesson Canada reached a deal to acquire 330 Uniprix pharmacies. [54]
In 1997, Pharma Plus was purchased by Katz Group of Companies and re-badged as Rexall beginning in 2015. In 2016 Katz sold Rexall to McKesson Canada. [6] Some Rexall locations have been continuously operated as pharmacies since the original Tamblyn ownership. [citation needed]
Rexall; Sav-on (freestanding stores acquired by and converted to CVS in 2006) Snyder Drug (acquired by Walgreens in 2003) Standard Drug (purchased by CVS in 1993; rebranded in 1994) Thrift Drug (purchased by JC Penney and rebranded as Eckerd in 1997) Thrifty Drugs (purchased by Rite Aid in 1996) Treasury Drug (rebranded as Eckerd in 1997)
In 2004, Katz purchased the naming rights for ten years to the new $45-million Rexall Centre, a 12,500-seat tennis and entertainment complex on the campus of York University. In January 2012, he sold Drug Trading Co. and Medicine Shoppe Canada to the U.S.-based drug distributor McKesson Corporation for $1.2 billion. Katz Group sold its network ...
Pharmasave's national office is located in Langley, British Columbia.Its stores are located in nine provinces and territories across Canada and are organized into 2 regions with each region having their own regional offices: West (British Columbia, Alberta, Saskatchewan, Manitoba, and Yukon), and East (Ontario, Newfoundland and Labrador, New Brunswick, Nova Scotia, and Prince Edward Island).