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Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Rexall is owned by McKesson Canada , which is a subsidiary of McKesson Corporation , a U.S.-based public company. [ 1 ] Founded in 1904, Rexall has approximately 400 pharmacies across Canada with 8,000 employees.
Rexall. Rexall was a chain of American drugstores, and the name of their store-branded products. The stores, having roots in the federation of United Drug Stores starting in 1903, licensed the Rexall brand name to as many as 12,000 drug stores across the United States from 1920 to 1977. The "Rex" in the name was derived from the name of Ellen M ...
In 1996, it purchased the fading Rexall drugstore chain in Canada which at the time only consisted of several dozen stores. [3] Six years after the first Medicine Shoppe was opened, Katz Group’s pharmacy operation consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and a few smaller independent retailers. [ 3 ]
Daryl Katz was born in 1961 in Edmonton, Alberta. [1] His father was a pharmacist who founded Value Drug Mart in Edmonton in the 1970s. [2] Katz attended the Jewish day school, the Edmonton Talmud Torah during his elementary years and then graduated from Jasper Place High School.
Louis Kroh Liggett (April 4, 1875 – June 5, 1946) was an American drug store magnate who founded L.K. Liggett Drug Company and then Rexall. He was later chairman of United Drug Company . He was a member of the Republican National Committee for Massachusetts .
Financials as of March 31, 2024. [update] [ 1] McKesson Corporation is a publicly-traded American company that distributes pharmaceuticals and provides health information technology, medical supplies, and health management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 51,000 employees.
In 1992, the company bought up the Western Canadian chain Pinder's Drugs, and followed this in 1995, with a chain of 24 Bi-Rite Drug Stores based in western Canada. Also in 1995, Shoppers Drug Mart acquired 135 Big V Drugstores. In 1996, the first Shoppers Home Health Care store opened. When Koffler retired in 1986, he sold the chain to Imasco ...
Boots changed the stores over to the Boots name, and sold the chain in 1988 to Oshawa Group which converted them to the Pharma Plus banner in 1989. In 1997, Pharma Plus was purchased by Katz Group of Companies and re-badged as Rexall beginning in 2015. In 2016 Katz sold Rexall to McKesson Canada.
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