ECKERD SOLD, CVS NOW TOP DRUG CHAIN

WOONSOCKET, R.I. -- CVS Corp. here moved into the top drug store spot with the acquisition of 1,260 Eckerd stores from JCPenney, Plano, Texas, this month. The remaining Eckerd stores were acquired by Jean Coutu Group, Longeuil, Quebec, which operates Brooks drug stores.With such a major drug store transaction, other retailers -- notably supermarkets -- began watching for opportunities to pick up customers,

WOONSOCKET, R.I. -- CVS Corp. here moved into the top drug store spot with the acquisition of 1,260 Eckerd stores from JCPenney, Plano, Texas, this month. The remaining Eckerd stores were acquired by Jean Coutu Group, Longeuil, Quebec, which operates Brooks drug stores.

With such a major drug store transaction, other retailers -- notably supermarkets -- began watching for opportunities to pick up customers, sources told SN.

CVS also acquired three distribution centers and the

Register to view the full article

test - Advanced Registered User

Already a member? .