October 12, 2015 by Geoff Walden and Chain Drug Review
chain drug industry, CVS Health, Empire Co., Express Scripts, Jean Coutu Group, Metro Inc., Rexall Health, Rite Aid, Shoppers Drug Mart, Stefano Pessina, Target Corp., Walgreens Boots Alliance, Walmart
2015, Business, Issue 10-12-2015, Issues, Leading Headlines, News, Retail News
NEW YORK — As much as the chain drug industry has consolidated, there is room for more mergers and acquisitions. That’s evident from the M&A speculation swirling about the sector in the U.S. and Canada, as well as recent activity. Lending credibility to the speculation is none other than Walgreens Boots Alliance (WBA) chief executive
October 7, 2015 by Chain Drug Review
fiscal 2016 second quarter, François Coutu, Jean Coutu Group, PJC Jean Coutu
Business, Featured Articles, Leading Headlines, Retail News
LONGUEUIL, Quebec — Gains in the pharmacy offset slow front-end business to lift sales for Jean Coutu Group’s retail store network in the fiscal 2016 second quarter. Jean Coutu said Wednesday that for the second quarter ended Aug. 29., revenue for the franchised store network rose 2.6% to nearly $1.034 billion (Canadian) from about $1.008
July 29, 2015 by Chain Drug Review
health care services, Jean Coutu Group, pharmacist professional services, Pharmacy Act, Richard Mayrand
Leading Headlines, Pharmacy, Retail News
LONGUEUIL, Quebec — The Jean Coutu Group is prepping patients and pharmacists for expanded health care services now available through pharmacies in Quebec. In late June, Quebec implemented Bill 41, which amended the province’s Pharmacy Act to enable pharmacists to provide certain health care services previously performed only by doctors. The legislation was passed in
July 7, 2015 by Chain Drug Review
fiscal 2016 first quarter, François Coutu, Jean Coutu Group, PJC Jean Coutu
Business, Featured Articles, Leading Headlines, Retail News
LONGUEUIL, Quebec — Pharmacy and over-the-counter drug sales helped drive revenue gains in the fiscal 2016 first quarter for the Jean Coutu Group’s retail store network. The Canadian drug chain said Tuesday that for the first quarter ended May 30, sales for the franchised store network rose 4.4% to nearly $1.063 billion (Canadian) from $1.018
April 29, 2015 by Chain Drug Review
fiscal 2015, fourth quarter, François Coutu, Jean Coutu Group, PJC Jean Coutu
Business, Leading Headlines, Retail News
LONGUEUIL, Quebec — The Jean Coutu Group reported increased corporate and retail store sales for its fiscal 2015 fourth quarter and full year but saw net income dip in both periods. The Canadian drug chain said Wednesday that for the fourth quarter ended Feb. 28, sales in its franchised store network total $1.099 billion (Canadian), up
April 23, 2015 by John Schultz and Chain Drug Review
François Coutu, Jean Coutu Group
Featured Articles, Leading Headlines, Retail News
LONGUEUIL, Quebec — Through its ability to forge solid relationships with shoppers, both those in the pharmacy and those at the front end, the Jean Coutu Group has been able to retain loyal customers as well as attract new clientele, according to president and chief executive officer François Coutu. “Our patient profiles and the other
April 10, 2015 by Chain Drug Review and Chain Drug Review
Jean Coutu Group, Jean Coutu pharmacies, New Mom Starter Kit, Richard Mayrand
Retail News
LONGUEUIL, Quebec — The pharmacist owners affiliated with the Jean Coutu network are offering a free “New Mom Starter Kit” to customers. The Canadian drug chain said the kit will be distributed at the prescription counters in all Jean Coutu pharmacies. Contained in a fabric pouch that is designed to fit easily into a maternity
June 10, 2014 by Chain Drug Review
Canadian drug chain, François Coutu, Jean Coutu, Jean Coutu Group, Longueuil, Martin Damphousse, PJC Jean Coutu, Varennes
Retail News
LONGUEUIL, Quebec — Jean Coutu Group has begun construction of its new headquarters and distribution center in Varennes, Quebec. The Canadian drug chain broke ground on the 3.4 million-square-foot site Friday in a ceremony attended by chairman Jean Coutu, president and chief executive officer François Coutu, and other company executives, as well as Varennes mayor