258:
1114:
elsewhere in the state and four in
Alabama. The deal is scheduled to close in the next 30 days to 45 days... Reed, which is owned by Alexandria, Va.-based Peoples Drug Stores Inc., has annual revenues in excess of $ 100 million. The 85 stores and a distribution center and a divisional office in Atlanta employ about 1,200 people. The stores operate under the names "Reed" in the Atlanta area and "Lee" in the Columbus, Ga., area and Alabama. Big B officials weren't available Wednesday to discuss their plans for the Reed stores.
1062:
success, he said. The conversion of Haag Drug Stores to
Peoples Drug Stores in the Indianapolis area should be completed by the end of April, a Haag official said Wednesday. Charles S. Bethel, marketing manager, said most of the 37 stores in the area have been remodeled, and sign changes will occur first in the stores outside Marion County.
1140:
Rite Aid Corp., the nation's largest drugstore operator, is adding another chain to its roster of 2,171 drugstores with an agreement announced yesterday to acquire Lane Drug Co. of Ohio. The agreement calls for Rite Aid to take over 114 drugstores with annual sales of about $ 125 million. Almost all
300:
Over the years, the Haag stores were converted to
Peoples in 1983, and Dynamic and Schuman were converted to Lane. A program was implemented to convert all stores to the Peoples Drug name. Many Lane and Rea & Derick stores were converted, all stores began selling Peoples Brand product, and began
205:
In 1970, Peoples had 252 stores operating in the
District of Columbia, Maryland, Virginia, Pennsylvania, Ohio, West Virginia, North Carolina, South Carolina, Florida, New York, and New Jersey. That year there were 5,500 employees, with sales of $ 220 million and profits of $ 1.87 million. In 1972,
1213:
Reliable Drugs is the name chosen for the about 114 drugstores purchased in August from the
Peoples Drug Chain, it was announced. The stores, including five in Bloomington-Normal, will begin operating under their new identity next month, with changeover of stores signs completed by January, said
1128:
249:
In 1985, two 35,000-square-foot (3,300 m) "Bud's Deep
Discount Drug Stores" were opened in the Toledo area, with others in the Washington, D.C. metropolitan area. The name "Bud's" was derived from the nickname of Sheldon "Bud" Fantle. In January, 1987, Mr. Fantle left Peoples and later took
1113:
Birmingham, Ala.-based Big B Inc. said
Wednesday it will enter the highly competitive metro Atlanta drugstore market with the purchase of Reed Drug Co., which has 85 stores in Georgia and Alabama. Big B said it will pay about $ 50 million for Reed Drug, including 59 stores in metro Atlanta, 22
1061:
Peoples, based at
Alexandria, Va., purchased the Haag chain in May 1980. Peoples has several such divisions with different names, and "the long term goal is to have all the divisions under one umbrella." said Bethel. Stores at Evansville were remodeled and renamed last August with considerable
1201:
1101:
222:
In 1975, the chain was purchased outright by Lane Drug, creating a combined company of 380 stores. Lane president
Sheldon "Bud" Fantle became chairman, president, and chief executive officer Peoples. The new company retained the Peoples name, and included Lane Drug, Schuman Drug,
356:, owner of CVS, purchased Peoples for $ 330 (~$ 680 million in 2023) Million. CVS kept the Peoples Drug name in place, remodeled most stores to the CVS format, and improved the stores' sales. The Peoples name was considered to be too strong a name to change it to
327:
division of
Peoples being sold in 1989 to a group of former Rite Aid officials that was headed by Roger Grass, changing the former Peoples stores to Reliable Drugs. Reliable survived only four years before it filed for bankruptcy and its stores were sold off to
42:
345:
368:
In May 2018, a bar and restaurant called The People’s Drug opened in Alexandria, Virginia. According to the owners, the name was picked as a tribute to the local pharmacy chain that was once known for its lunch counters.
191:. A second location was opened in 1912, and another two were added four years later. Peoples Drug took over W.S. Thompson Drugstore at 15th Street and G Street, operating it as a branch of Peoples.
187:
Peoples Drug was founded in 1905 by Malcolm Gibbs in Alexandria, Virginia. Shortly after, it opened a location at 7th Street, NW in Washington, D.C. By 1909, it moved to a bigger location in
386:
1214:
president Roger Grass. Reliable Drug Stores Inc. is headquartered at the former Peoples' regional distribution center in Indianapolis. Stores are in Indiana, Illinois, Iowa and Kentucky.
991:
179:
in 1990, which continued to run the stores under the Peoples banner until 1994, at which time the stores were converted to CVS, marking the end of the use of the Peoples Drug name.
1141:
of the Lane stores are in Ohio, where Rite Aid is already the dominant drugstore chain, with 280 stores. Other Lane stores are in the area of Erie, Pa. The price was not disclosed.
1703:
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1075:
950:
823:
246:-based Haag Drug which had 80 drug stores in Indiana, Iowa, Illinois and Kentucky. It also acquired the 21-store Drug Fair Inc. based in Iowa and Minnesota in June 1981.
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352:
After the dust settled from the sales, Imasco decided to unload the Peoples Drug chain, as Peoples was not performing at the level Imasco had hoped. In 1990,
798:
766:
301:
using bags with the Peoples Drug logo. Not long after being acquired by Imasco in 1984, Peoples sold some stores to concentrate on the Mid-Atlantic states.
1605:
525:
360:
immediately. The name did ultimately change in May 1994, just a few months before the Peoples Drug name would have celebrated its 90th anniversary.
1001:
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1024:
669:
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387:"CVS sees lean staff, new prototype in Peoples Drug's future. (Peoples Drug Stores)(includes related information on new store prototype)"
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274:
In 1984, Peoples was acquired for $ 320 million (~$ 794 million in 2023) by the Canadian conglomerate Imasco, the Canadian arm of
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in 1989 for $ 50 million (~$ 107 million in 2023). The 85-store division gave Big B its entrance into the
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names. There were variations of the name, with Peoples Service Drug, and Gibbs Peoples Drug being most common.
1362:
1179:
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502:"[Exterior of People's Drug Store, W.S. Thompson Branch, 15th and New York Ave., Washington, D.C.]"
1207:
304:
First to go were the 35 Florida Shoppers Drug Mart stores that was sold to Eckerd in 1986. Next was the
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market, a goal they had been working on for years. The next sale was the 114-store Lane drug to
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Pharmacy, Liquor, Cosmetics, Health and Beauty Aids, General Merchandise, Snacks, 1 Hour Photo
286:
in Canada. At the time, Peoples had 600 stores as one of the country's leading drug chains.
1231:
1076:"Sign Of The Times Growing Dominance Of Pharmacy Chains May Signal End Of Corner Drugstores"
262:
90:
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130:
577:"Peoples Service Drug Stores, Inc. v. N.L.R.B, 375 F.2d 551 | Casetext Search + Citator"
1651:
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1056:
975:
660:
Barclay, M. & Glaab, C. (1982). "The Lane Drug Company". In Barclay, Morgan (ed.).
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526:"MALCOLM G. GIBBS; Founder of Peoples Drug Chain With 130 Outlets Dies at 66"
348:
Final Peoples Drug logo (late 1980s-mid 1990s) before conversion to CVS name
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17:
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449:"W. S. Thompson Pharmacy becomes branch of Peoples Drug Stores in 1919"
324:
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1388:"Alexandria's Nostalgic New Bar Is Now Pouring Vintage Cocktails"
1436:
27:"Reliable Drugs" redirects here. For reliability of drugs, see
1338:"The People's Drug Releases New Menu with an Emphasis on Food"
194:
By 1944, it had 130 stores operating under the Peoples Drugs,
1432:
1178:
Demick, Barbara & Biddle, Daniel R. (September 4, 1989).
767:"New Leadership, New Thinking Revitalize Peoples Drug Stores"
481:
The Peoples Archive, Martin Luther King, Jr. Memorial Library
1423:"The Chain Welder", Peoples Drug Company Magazine 1920-1937
1153:
Demick, Barbara & Biddle, Daniel R. (August 20, 1989).
167:. Founded in 1905, Peoples was subsequently purchased by
289:
After being acquired by Imasco, Peoples quickly acquired
1429:"Peoples People" Peoples Drug Company Magazine 1941-1958
1155:"At Last, He's Filling His Own Prescription For Success"
637:"Rite Aid's closing is a blow to Canton neighborhood"
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254:in Washington DC, renaming those stores Fantle's.
1251:"Reliable Drugstores Decides To Liquidate Chain"
870:"2 Discount Drugstores Will be Built in Toledo"
506:Library of Congress, Washington, D.C. 20540 USA
1426:"Employee Handbook" Peoples Drug, August 1979
1448:
1420:Melville Corporation Annual Reports 1991-1995
1363:"THE PEOPLE'S DRUG OPENS IN ALEXANDRIA TODAY"
602:"Washington Area Boasts Some Large Companies"
293:in 1985 and also took control of the Florida
8:
1129:"Rite Aid Acquiring An Ohio Drugstore Chain"
934:: CS1 maint: multiple names: authors list (
914:Pyatt, Rudolph A., JR. (November 13, 1987).
490:– via thepeoplesarchive.dclibrary.org.
34:
1704:Defunct companies based in Washington, D.C.
1417:Imasco Enterprises Annual Reports 1984-1990
1414:Peoples Drug Store Annual Reports 1965-1983
1102:"Birmingham-Based Big B Will Buy Reed Drug"
807:. December 3, 1979. p. 30 – via
694:. December 14, 1971. p. 1 – via
664:. Continental Heritage Press. p. 202.
1729:1994 disestablishments in Washington, D.C.
1455:
1441:
1433:
951:"Canadian Firm Will Purchase Peoples Drug"
824:"Peoples Drug To Take Over 80-Store Chain"
735:"DRUGSTORE MAGNATE S.W. FANTLE DIES AT 73"
33:
1055:. April 14, 1983. p. 30 – via
424:"The Once-Ubiquitous Peoples Drug Stores"
1202:"Reliable Drugs name chosen for Peoples"
1025:"Newsmakers: Peoples Names New Top Team"
949:Rowe, James L. Jr. (February 28, 1984).
893:Mayer, Caroline E. (February 17, 1987).
878:. June 13, 1985. p. 44 – via
1739:Health care companies based in Virginia
1724:1905 establishments in Washington, D.C.
1719:Retail companies disestablished in 1994
1699:Defunct pharmacies of the United States
1296:"CVS Bringing New Look to Peoples Drug"
1227:"Reliable Drug Store Chain Liquidating"
992:"Mergers: Prescription For Drug Stores"
378:
1709:American companies established in 1905
1317:"Peoples Drug Owner Will Rename Chain"
1074:Rubinkowski, Leslie (March 12, 1989).
927:
214:purchased a 22% interest in Peoples.
1275:"Peoples Drug Sold for $ 330 Million"
686:"Lane Drugs to go Public Within Year"
630:
628:
626:
7:
1714:Retail companies established in 1905
1199:McKinney, Kathy (October 18, 1989).
608:The Washington Post and Times-Herald
471:
469:
422:DeFerrari, John (December 5, 2011).
1099:Burritt, Chris (January 19, 1989).
393:. November 19, 1990. Archived from
1367:The Zebra--Good News in Alexandria
1315:Swisher, Kara (January 18, 1994).
1046:"Haag conversion nears completion"
895:"Sheldon Fantle Starts Over Again"
822:Knight, Jerry (October 25, 1979).
799:"Income Increases At Peoples Drug"
662:Toledo, Gateway to the Great Lakes
25:
1180:"Rite Aid Fledgling Flies On Own"
1126:Demick, Barbara (March 4, 1989).
990:Pounds, Marcia H. (May 6, 1985).
916:"The Risky Takeover Of Dart Drug"
979:. February 28, 1984. p. D4.
40:
611:. January 9, 1972. p. N1.
552:"Marriage of Haines / Lichtley"
1336:Moore, Susannah (2022-04-26).
1294:Swisher, Kara (May 22, 1991).
1235:. May 27, 1993. Archived from
1023:Regan, M.B. (April 27, 1986).
709:Staff, W. W. D. (1996-12-30).
242:In 1980, Peoples acquired the
1:
971:"Peoples Drug to Be Acquired"
635:Wang, Robert (May 23, 2009).
320:, effective April 11, 1989.
1386:Rojas, Warren (2018-05-11).
1361:Wadland, Mary (2018-05-11).
1108:Atlanta Journal-Constitution
1081:Fort Lauderdale Sun Sentinel
775:. August 3, 1980. p. B6
428:Streets of Washington (blog)
80:; 119 years ago
1678:CVS/pharmacy LPGA Challenge
1525:Navarro Discount Pharmacies
1483:Aetna Health Inc. v. Davila
110:; 30 years ago
1755:
1673:CVS Health Charity Classic
1342:Alexandria Living Magazine
26:
711:"SHELDON W. (BUD) FANTLE"
477:"Peoples Drug Collection"
39:
1632:Eliphalet Adams Bulkeley
558:. 1946-02-07. p. 12
308:-based Reed/Lee Drug to
276:British American Tobacco
218:Acquisition by Lane Drug
175:in 1984, and finally by
455:. 1919-10-29. p. 9
323:The last phase was the
1208:Bloomington Pantagraph
349:
266:
261:Peoples Drug store in
1606:Standard Drug Company
1160:Philadelphia Inquirer
1135:Philadelphia Inquirer
1088:on November 16, 2013.
1052:The Indianapolis Star
347:
270:Acquisition by Imasco
260:
1591:Reliable Drug Stores
1576:Melville Corporation
1488:Coventry Health Care
354:Melville Corporation
250:control of troubled
165:Alexandria, Virginia
141:Alexandria, Virginia
1668:CVS Charity Classic
1239:on August 23, 2018.
844:"Peoples Drug Pact"
189:Mount Vernon Square
36:
35:Peoples Drug Stores
1571:Hook's Drug Stores
848:The New York Times
532:. January 28, 1944
530:The New York Times
350:
295:Shoppers Drug Mart
280:Shoppers Drug Mart
267:
1686:
1685:
1566:Haag Drug Company
1535:Oak Street Health
1273:(June 26, 1990).
671:978-0-932986-21-4
641:Canton Repository
409:HighBeam Research
154:
153:
16:(Redirected from
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1232:Associated Press
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1163:. Archived from
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1084:. Archived from
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1004:on June 22, 2014
1000:. Archived from
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850:. April 30, 1981
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399:on March 9, 2016
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291:Rea & Derick
263:Washington, D.C.
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91:Washington, D.C.
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1616:Target Pharmacy
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1498:Eight Forty One
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1409:Further reading
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1259:. May 28, 1993.
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1138:. p. B05.
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1211:. p. D2.
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1167:on 2015-04-02.
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1510:CVS Caremark
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1471:Subsidiaries
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880:Google News
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696:Google News
556:The Mercury
340:Sale to CVS
310:Big B Drugs
297:locations.
229:Health Mart
1734:CVS Health
1693:Categories
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1464:CVS Health
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