Rexall (Canada)

Rexall Pharmacy Group Ltd. is a chain of retail pharmacies in Canada that operates Rexall and Rexall Pharma Plus in Central and Western Canada. Rexall is owned by McKesson Canada Corporation, which is a subsidiary of McKesson Corporation, a U.S.-based public company.[1]

Not to be confused with Rexall, a defunct American pharmacy chain that is unrelated to the Canadian Rexall.
Rexall Pharmacy Group Ltd.
Rexall
TypeSubsidiary
IndustryRetail, pharmacy
HeadquartersMississauga, Ontario, Canada
Number of locations
470 (2016)
Key people
Nicolas Caprio (President)
Number of employees
8,400 (2016)
ParentKatz Group of Companies (1996–2016)
McKesson Canada Corporation (2016–present)
Websitewww.rexall.ca
Footnotes / references
[1]
Rexall Pharma Plus in Toronto

Overview

Rexall is one of the major rival pharmacies in Canada to Shoppers Drug Mart. With over 470 locations,[2] Rexall is the second-largest retail pharmacy company in Canada. It is not related to the defunct American drugstore chain with the same name, which also had locations in Canada until 1977.

The company manufactures many personal care products with Rexall branding that are sold in its locations. It also operates Rexall Direct, a national mail-order pharmacy, and Rexall Health Solutions, a division focused on providing specialized clinical care and complex medication management services in transitional care settings.

McKesson Canada Corporation purchased Rexall in December 2016 for $3 billion from the Katz Group of Companies.[3]

The company was in partnership with Air Miles, which Rexall accepted as a loyalty program. In May 2020, Rexall discontinued its partnership with Air Miles as a loyalty program at its stores and created its own loyalty program called Be Well, with which customers can collect points in order to redeem in-store items, similar to Air Miles.[4]

History

Rexall Canada was founded in 1904 in the early days of the United Drug Company and quickly established itself as a major retail pharmacy chain. At the same time, Tamblyn Drugs was establishing itself in Toronto, Ontario, and would eventually become Pharma Plus. These two companies would later merge and form the Rexall Pharmacy Group.[5]

References
  1. "About the Company". Rexall. Retrieved 2 February 2018.
  2. "Rexall takeover shakes up Canada's drugstore industry". Retrieved 2020-09-22.
  3. "Rexall drug store chain to be sold to McKesson in $3 billion deal". Financial Post. Retrieved 2020-09-22.
  4. "Rexall drops Air Miles to launch its own loyalty program". Retrieved 2020-09-22.
  5. "Rexall.ca | Company". www.rexall.ca. Retrieved 2020-09-22.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.