Correct, Eckerd stores are all over here in NY. They are a subsidiary of JC Penney Corp.
Correct, Eckerd stores are all over here in NY. They are a subsidiary of JC Penney Corp.
http://www.investorguide.com/cgi-bin/stockarchives.cgi?date=110404
CVS Corporation, a leader in the retail drugstore industry, reported lower third quarter profits, saying the acquisition of rival Eckerd’s stores and mail order pharmacy business were to blame. On July 31, 2004, CVS Corp. acquired 1,268 Eckerd drugstores, as well as Eckerd's pharmacy benefit management and mail order pharmacy business. The company’s earnings were still able to beat most Wall Street estimates. The company reported Thursday it earned $184.6 million, or 44 cents per share, for the period ended Oct. 2, down from $187.8 million, or 46 cents per share, a year ago.
http://catablast.blogspot.com/2005/06/who-are-50-best-analysts-on-wall.html
Feinberg and Jones have seven sites, each about 13,000 square feet in size, listed for lease that were developed to be Eckerd stores. The company's expansion plans came to a halt in 2004 when J.C. Penney Co. Inc. (NYSE: JCP - News) sold the chain.
CVS Corp. (NYSE: CVS - News), based in Rhode Island, and Jean Coutu Group (TSX: PJC.A - News), Canada's second-largest drugstore chain, each bought about half of the chain. However, the deal did not include the eight Eckerd locations in Albuquerque, some of which were just days from opening....
Jones and Feinberg declined to say who the tenants will be for the empty stores until the deals are finalized