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- Because of all the challenges, Rexall closed almost 10 per cent of its stores in 2018 and took a writedown.
www.theglobeandmail.com/business/article-why-rexalls-american-owner-wants-to-sell-the-pharmacy-chain-and-might/Why Rexall’s American owner wants to sell the pharmacy chain ...
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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.
Jan 12, 2024 · Rexall’s American owner is shopping the pharmacy chain to prospective buyers, according to sources, as McKesson Corp. reconsiders its Canadian footprint after a 15-year expansion.
Jan 15, 2024 · Yet what was supposed to be the crown jewel has only caused headaches for McKesson, and the company is now trying to sell Rexall, The Globe and Mail reported last week. To get a deal done ...
Mar 2, 2016 · Here are five things about Canada’s Rexall Health drugstore chain, which was just sold to U.S. healthcare company McKesson Corporation for $3 billion Canadian.
Jan 12, 2024 · 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...
Jan 15, 2024 · McKesson Corp. is gearing up to divest its Canadian drugstore chain, Rexall Pharmacy Group, seven years after the initial acquisition valued at approximately $3 billion (US$2.2 billion), according to the Globe and Mail. The Texas-based pharmaceutical giant has enlisted CIBC as its sell-side financial advisor for the potential sale.
In 2018, the president of Rexall at that point, Beth Newlands Campbell, announced that the Pharma Plus brand would be discontinued and all stores would be converted to Rexall in order to create a more consistent look for the chain.
