In mid-2004, Coutu received more than half ECKERD store network (mainly units along the eastern seaboard) from the department store retailer J. C. Penney. It will continue to operate stores under the name ECKERD. (The rest of the ECKERD stores were sold at CVS / pharmacy.) From 1999 to 2004, the chain is the second fastest growing retailers in the world. August 24, 2006, Rite Aid announced that it will acquire 1.858 ECKERD and Jean Coutu's Brooks American operations for $ 1.45bn in cash and issue stock, gives Jean Coutu a 32% stake in Rite Aid. Rite Aid announced the acquisition completed on June 4, 2007.
In July 2013, Coutu proceeded to the sale of the last of their shares in Rite Aid is held. Jean Coutu no longer holds any shares of Rite Aid.
- Main competitors
- Buyers Drug Mart (Pharma Prix in Quebec)
- Jean Coutu Group USA
- Giant Tiger canada Flyer
Jean Coutu's head office, a little, for Varennes and Longueuil moved its office to another. A loss of $ 190 million in a new home near Autoroute 30 and is ready for 2016.
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