Rexall (Canada)
Rexall Pharmacy Group ULC is a Canadian chain of pharmacies. They are headquartered in Mississauga, Ontario. They have 400 store locations all across Canada.[1]
 | |
| Company type | Private |
|---|---|
Number of locations | 400 |
Areas served | Canada |
Key people | Nicolas Caprio (President) |
| Products | Pharmaceuticals, retail items |
| Website | rexall.ca |
In 1904, American drug store tycoon Louis K. Liggett helped create United Drug Stores after getting 40 independent drug stores to come together and invest $4,000 into a retailers' cooperative.[2] In 1997, the Katz Group of Companies purchased the Pharma Plus company which was founded and grew alongside United Drug Company and they both merged to become Rexall Pharmacy Group.[3]
In November 2003, Rexall purchased the naming rights for Skyreach Centre, home of the Edmonton Oilers, and renamed it to Rexall Place.[4] It lasted until 2016 when the Oilers moved to a new arena.[5]
On December 14, 2016, Rexall was sold by the Katz Group of Companies to McKesson Canada for $3 billion. They sold 28 stores to get approved by the Competition Bureau.[6][7] Rexall has their own loyalty rewards program called Be Well which replace their former partner Air Miles.[8]
On December 20, 2024, McKesson sold Rexall to Birch Hill Equity Partners (BHEP).[9]
References
- ↑ Store locatorRexall. Retrieved March 8, 2025.
- ↑ Rexall - Then and NowCanadian Pharmacists Association. Retrieved March 8, 2025.
- ↑ Tamblyn Drugs – Once Canada's Largest Drugstore Chain, Began in TorontoTorontoJourney416. Retrieved March 8, 2025.
- ↑ Oilers' Skyreach Centre RenamedCBC Sports. Retrieved March 8, 2025.
- ↑ Rexall Place sign removed after 13 yearsCTV Edmonton. Retrieved March 8, 2025.
- ↑ Rexall drug store chain to be sold to McKesson in $3 billion dealFinancial Post. Retrieved March 8, 2025.
- ↑ McKesson to sell 28 stores to win approval for Rexall takeoverCBC News. Retrieved March 8, 2025.
- ↑ Rexall drops Air Miles to launch its own loyalty programThe Globe and Mail. Retrieved March 8, 2025.
- ↑ Private equity firm Birch Hill completes purchase of Rexall and Well.caCityNews Toronto. Retrieved March 8, 2025.
