Retail News Breaks Archives
Metro acquires prescription business from Zellers
April 3rd, 2012
TORONTO – Canadian food and drug retailer Metro Inc. is buying prescription files from seven Zellers pharmacies in Ontario.
Metro said Tuesday that the acquisition, by its Metro Ontario Inc. subsidiary, involves Zellers pharmacies in Hamilton, London, Mississauga, Sudbury and Collingwood plus two other in Brampton.
According to the company, a Metro or Food Basics store is already operating in each of those communities, and Zellers' pharmacy customers "will be a few steps away" from their new pharmacies.
"At Metro, we continually strive to provide Ontario residents with a range of products and services that will allow them to live well and maintain a healthy lifestyle. We invite our new customers to visit our stores and speak with one of our staff members to learn more about our offerings and services," Lyman Kwok, vice president of pharmacy operations for Metro Ontario, said in a statement.
Metro's pharmacy services include a celiac disease screening program, compliance packaging, nutritional shopping tours, medication reviews and in-store blood pressure monitoring. With each prescription, customers also get drug information sheets as well as nutritional information sheets for a series of medications.
Overall, Metro operates more than 600 supermarkets in Quebec and Ontario under the banners Metro, Metro Plus, Super C and Food Basics, as well as over 250 drug stores under the Brunet, The Pharmacy and Drug Basics banners.
"I'm confident that the pharmacies at Metro and Food Basics will deliver excellent service to our customers," stated Lori Fasano, general merchandise manager of pharmacy for Zellers, a Canadian mass merchandise chain. "We are working closely with Metro on a smooth transition for pharmacy customers while fully ensuring the protection of confidential patient information."
Late last month, Loblaw Cos. announced that it had acquired prescription files from 95 Zellers pharmacies, a deal that left Zellers with 99 pharmacies.
Most store sites of Zellers, part of Hudson's Bay Co., were sold to U.S. discounter Target Corp. early last year. Target expects to open 100 to 150 Target stores throughout Canada in 2013 and 2014.
In February, Target announced its pharmacy strategy for its planned Canadian stores, which entails a new pharmacy franchise model that will allow pharmacist-owners to own and operate pharmacy businesses inside Target Canadian stores.