Regional chains grow larger. (regional drug store chains)(State of the Industry Special Report)

From: Chain Drug Review | Date: April 22, 1991 | Copyright information

Regional chains grow larger

CDR Roundup--A significant addition to the ranks of regional chain drug operators was made in September 1990, when longtime chain drug store executive Al Towle's RDS Acquisition Corp. bought 147 Revco D. S. stores in the Southwest, including 40 in the highly competitive Phoenix market (where RDS is based).

A month later RDS outbid Walgreen Co. for 18 SuperRx of Arizona, Georgia and Alabama Corp. outlets in Arizona at a federal bankrup...

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