NT_1170x120_1-11-18

Jean Coutu Group

Jean Coutu Group prevails in court ruling on royalties

Jean Coutu Group prevails in court ruling on royalties

VARENNES, Quebec — The Jean Coutu Group won a key ruling in a long-running legal challenge by a pharmacist-owner. Jean Coutu Group said Tuesday that the Superior Court of Quebec upheld the royalty clauses in its franchise agreements. In particular, the court determined that the clauses don’t violate section 49 of the Code of Ethics

Flu shot campaign begins at Jean Coutu

VARENNES, Quebec — The Jean Coutu Group and its pharmacist-owners have launched a campaign aimed at increasing awareness of the need to get a flu shot. Called “Protect Your Health and That of Your Loved Ones,” the initiative is designed to support a public health effort for flu prevention, Coutu said. The flu shots will

Jean Coutu gets front-end sales lift in 2Q

Jean Coutu gets front-end sales lift in 2Q

VARENNES, Quebec — A rise in front-end sales hoisted revenue at Jean Coutu Group’s retail store network for the fiscal 2017 second quarter. The Canadian drug store operator also saw corporate sales climb in the quarter and topped financial analysts’ consensus forecast for adjusted earnings per share. Jean Coutu said Wednesday that for the second

Coutu faces legal challenge from franchisees

MONTREAL — The Jean Coutu Group is the target of a class-action suit filed by a group of its franchisees seeking to recover $252 million in royalties. In a brief statement, the company said that it intends to contest the action. The lawsuit was filed in the superior court of Quebec in Montreal on behalf

New Jean Coutu directors include Google Canada exec

New Jean Coutu directors include Google Canada exec

VARENNES, Quebec — Stockholders of the Jean Coutu Group elected two new directors to the company’s board at its annual shareholders meeting. The Canadian pharmacy operator said late Tuesday that Marie-Josée Lamothe and Michael Hanley have joined the board. Lamothe is managing director of branding and managing director for Quebec at Google Canada. She’s also

Jean Coutu store network sees 1Q sales uptick

Jean Coutu store network sees 1Q sales uptick

VARENNES, Quebec — Sales gains in the front end helped lift revenue for the Jean Coutu Group retail store network in the company’s fiscal 2017 first quarter. Jean Coutu said Tuesday that for the first quarter ended May 28, sales for its franchise store network edged up 1.5% to nearly $1.079 billion (Canadian) from about

Retail sales up as Jean Coutu closes fiscal year

Retail sales up as Jean Coutu closes fiscal year

VARENNES, Quebec — Retail store sales edged up for the fiscal 2016 fourth quarter and full year at Jean Coutu Group, but the company saw net earnings decline year over year for both periods. Jean Coutu said Wednesday that for the fourth quarter ended Feb. 27, revenue for its franchise store network grew 0.6% to

Jean Coutu launches Rx image transmission service

Jean Coutu launches Rx image transmission service

VARENNES, Quebec — Jean Coutu Group has introduced an image transmission service for new prescriptions that’s designed to make it easier for patients to fill medications. The Canadian drug chain said Wednesday that the new service is accessed via the Jean Coutu mobile application. To use the service, patients open their Health Record in the

Battle to build scale is now a global contest

Battle to build scale is now a global contest

  McKesson Corp.’s agreement to acquire Rexall Health from Katz Group is notable in several respects. The transaction alters the balance of power in the Canadian pharmacy market. In addition, it offers confirmation, if any were needed, of the relentless drive among major players in the sector to increase their scale and, in the process,

Jean Coutu unveils Health Record

VARENNES, Quebec — The Jean Coutu Group has launched an online platform that provides customers and their families with a single account from which they can access their health records. Called the Health Record, the platform is a project of the Jean Coutu network of affiliated pharmacist-owners. Customers can sign up and log in at

Jean Coutu launches new Health Record tool

Jean Coutu launches new Health Record tool

VARENNES, Quebec — Jean Coutu Group has upgraded its online health care management platform to make it easier for families to access and keep track of their pharmacy and other health information. The new Health Record is offered by all Jean Coutu network pharmacies and combines all services and benefits into one platform, the Canadian