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21 years
- In 1961, he went public and raised $2-million by selling stock. Little did investors know it, but Jack Eckerd's company would reach record sales and profits for 21 years in a row.
www.tampabay.com/archive/2004/04/11/rise-and-fall-of-the-eckerd-empire/
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Starting in the 1950s, he transformed his family's retail drugstore business into one of the leading self-service drugstore chains in the United States, Eckerd Drugs. His personal finances were estimated in 1975 by Forbes magazine at $150 million.
Aug 27, 2005 · Little did investors know it, but Jack Eckerd's company would reach record sales and profits for 21 years in a row. A $1,000 investment in Eckerd in 1961 would be worth $158,000 three decades...
- tisch@tampabay.com
Jun 20, 2006 · At its peak, Clearwater-based Jack Eckerd Corp. was the nation's second-largest drugstore chain and the Tampa Bay area's largest locally owned business. Sales hit $5-billion a year.
Era: 1950. Eckerd introduced the self-service retailing model in his drug store operations and, in the process, built the largest drug store retail chain in the South. Eckerd was one of the firsts to recognize the potential of anchoring drug store chains next to successful supermarkets.
Apr 11, 2004 · Little did investors know it, but Jack Eckerd's company would reach record sales and profits for 21 years in a row. A $1,000 investment in Eckerd in 1961 would be worth $158,000 three decades later. For the next 16 years, Eckerd would double in size every two years.
May 25, 2022 · Jack M. Eckerd’s $10 million commitment to the College raised his total giving to the institution at the time to more than $12.5 million. The gift was seen as a much-needed boost, if not a lifeline. Money to keep the College afloat had become the primary concern for Wireman and the FPC board.
May 22, 2004 · Eckerd sold the chain in 1986, and 10 years later, it was bought by JCPenney Co. for $2.6 billion. Active in political affairs in Florida, Eckerd, a Republican, ran unsuccessfully for governor...
