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Justin Whitlock Dart, formerly of the Walgreens drugstore chain, took control of Boston-based United Drug Company in 1943. The chain operated under the Liggett, Owl, Sonta, and Rexall brands, which Dart rebranded under the Rexall name.
After 35 years, Dart sold his stake in Rexall in 1978. Not long afterwards, he said "I would like my retirement and death to be simultaneous." During these years, Dart had acquired stakes in Avon, West Bend Housewares, Duracell, Ralph Wilson Plastics, Archer Glass and Hobart, which were collectively known as Dart Industries. In 1980, Dart sold ...
Dart transformed United Drug into a profitable firm again. He did this by going with the Rexall banner, which the founder Louis Liggett had made into a household name, and discarding most of the other names in use by the company.
The target is clear: Justin Dart; his culpability is less so. When he became head of United Drug in the 1940s he reinvigorated the franchise operations—but then he moved to Los Angeles, purchased the Tupperware Corporation, and moved it along with Rexall into Dart Industries.
In 1977, Rexall, the owner of the Tupperware brand, sold its namesake drugstores and renamed itself Dart Industries. Dart merged with Kraft Foods to form Dart & Kraft. The company demerged, with the former Dart assets renamed to Premark International.
Jan 8, 1977 · Dart Industries announced in Los Angeles that it had sold its United States Rexall Drug Company to the Rosshall Corporation of Palo Alto, Calif., and a group of investors including Howard K....
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Jan 27, 1984 · Mr. Dart, who once said he wanted death and retirement ''to be simultaneous,'' sold his interest in Rexall in 1977, keeping his newer acquisitions and merging his company with Kraft Foods on Sept...
