In mid-2004, Coutu bought more than half of the Eckerd stores in (mainly parts along the east coast) of retailer JC Penney department stores. It will continue to operate the stores under the Eckerd name. (The rest of the Eckerd stores were sold at CVS / pharmacy.) From 1999 to 2004, the chain was second fastest growing retailers in the world. August 24, 2006, Rite Aid announced that it has acquired 1,858 operations of US Brooks and Eckerd Jean Coutu $ 1.45bn in cash and the issuance of shares, giving Jean Coutu 32% of the equity shares of Rite Aid [4]. Ritual assistance announced the acquisition completed on June 4, 2007.
July 2013 Coutu began its last shares of Rite Aid available for sale. The Jean Coutu no longer has any Rite Aid shares.
Jean Coutu Canada Flyer Hawkesbury :
- Mainly competitors
- Shoppers Drug Mart (Pharmaprix in Quebec)
- The Jean Coutu Group USA
Jean Coutu is the head office, a little to Varennes and Longueuil moved its headquarters to another. The loss of $ 190 million in the new house next to Highway 30 and is ready to in 2016.
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