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Shoppers Drug Mart Inc. (colloquially Shoppers; named Pharmaprix in Quebec) is a Canadian retail pharmacy chain based in Toronto, Ontario. [4] It has more than 1,300 stores in ten provinces and two territories.
Shoppers Drug Mart is Canada's leading pharmacy retailer with more than 1,300 pharmacist-owned locations across the country.
Shoppers Drug Mart is born when Murray Koffler opens a 4,000 square-foot drug store at the Shoppers World plaza in Toronto. Life Brand ® products were created, and the Company’s first private label products are introduced.
- Early Years
- Expansion
- New Ownership, New Programs
- Purchase by Loblaw
In the early 1920s, Leon Koffler opened a pharmacy on College Street in Toronto, Ontario. When he died in 1941, his teenaged son, Murray, took over the business. The two Koffler’s Drug Store locations used the self-service model of supermarkets: customers could pick products from shelves rather than wait for a clerk. Responding to the growth of Tor...
In 1968, Shoppers Drug Mart merged with the Plaza Drug Stores chain and grew from 19 to 52 stores. The first stores outside Ontario opened in Moncton, New Brunswick in 1969. Shoppers entered Western Canada in 1971, buying 87 Cunningham Drug Stores in Alberta and British Columbia. In 1972, Shoppers partnered with supermarket and discount department ...
In 1999, Imasco’s majority owner, British American Tobacco, bought out the company and began breaking up its assets. In 2000, it sold Shoppers to a group including the Ontario Teachers’ Pension Plan and global investment firms Kohlberg Kravis Roberts and Bain Capital for $2.55 billion. The new owners took the company public, listing it on the Toron...
In March 2014, George Weston Ltd. acquired Shoppers Drug Mart for $12.4 billion and delisted it from the TSX. Shoppers became a separate division of Loblawand began to stock President’s Choice and No Name products alongside its Life brand items, as well as more fresh foods in select stores. The deal helped Loblaw more than double its profit in the ...
Shoppers Drug Mart Corporation is one of the largest retail drugstore chains in Canada, with more than 800 stores, and outlets in every province from the Atlantic to the Pacific. The corporation was the first to build a nationwide chain of drug retailers.
Dec 15, 2021 · Shoppers Drug Mart is Canada's leading pharmacy retailer. We have grown to a network of more than 1,300 pharmacist-owned locations across the country.
Shoppers Drug Mart ® expands in the West. Shoppers Drug Mart ® enters the Western Canada market with the purchase of 87 Cunningham Drug Stores in British Columbia and Alberta.
