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Revco
Revco Discount Drug Stores (known simply as Revco or Revco, D.S.), once based in Twinsburg, Ohio, was a major drug store chain operating through the Ohio Valley, the Mid-Atlantic states, and the Southeastern United States. The chain's stock was traded on the New York Stock Exchange under the ticker symbol RXR. Revco was sold to CVS Pharmacy for $2.8 billion in February 1997. When it was sold, the chain had over 2,500 stores. History Revco, originally known as Registered Vitamin Company, was founded in 1956 in Detroit, Michigan, by Sidney Dworkin and Bernie Shulman. Dworkin led Revco until 1986 as CEO, and then he served as chairman until 1987. Up to 1983, Revco grew tremendously; the chain had over 2,200 stores and over $2.2 billion in sales. The chain then began to stumble. In 1983, its vitamins were blamed for the deaths of a number of premature infants. In order to prevent a hostile takeover and increase short-term profitability, Dworkin then led the chain into a deal th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hook's Drug Stores
Hook's Drug Stores was an Indianapolis, Indiana-based drug store chain which was founded in 1900 by John A. Hook. The chain flourished throughout central Indiana for most of the 20th-century. Hook's did business under its own banner, the SupeRX Drug Stores banner outside its core market, and the Brooks Pharmacy banner after acquiring the New England pharmacy chain. The entire company was eventually purchased by fellow Midwestern drugstore chain Revco. Most former Hook's locations that are still open operate as CVS, which bought out Revco in the late 1990s and rebranded their stores as CVS. The Brooks Pharmacy stores were divested by Revco after the purchase; most of them operate as Rite Aid stores. History In October 1900, pharmacist John A. Hook opened the first Hook's Drug Store in an Indianapolis German community at the corner of South East and Prospect Streets. A second location opened at the corner of New Jersey and East Washington Streets and Hook added Edward F. Roesch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big B Drugs
Big B, Inc. was a Birmingham, Alabama-based drugstore chain. The company began operation in 1968 as division of Birmingham based Bruno's Supermarkets. Most of its stores were located next to a Bruno's, Food World or FoodMax. Big B also operated a discount drugstore chain called Drugs For Less. The company had close to $800 million in revenue by the end of 1996. In 1982, Big B was spun off from the Bruno's Supermarkets into an independent company, Big B, Inc., based in Bessemer, Alabama. In 1989, Big B acquired 85 Reed Drug and Lee Drug stores from Peoples Drug, giving them a presence in Atlanta, north Georgia and western Alabama. A few years later, Big B acquired 80 "Treasury Drug" stores from JCPenney's Thrift Drug division. Big B was finally becoming a major drug retailer in the Atlanta area. In 1996, Big B was acquired by Revco, and within a year Revco was acquired by CVS CVS may refer to: Organizations * CVS Health, a US pharmacy chain ** CVS Pharmacy ** CVS Caremar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sam Zell
Samuel Zell (born Shmuel Zielonka, September 28, 1941) is an American billionaire businessman and philanthropist. A former lawyer, Zell is the founder and chairman of Equity Group Investments, a private investment firm, founded in 1968. He has interests in and is the chairman of several public companies listed on the New York Stock Exchange: Equity Residential (EQR), Equity LifeStyle Properties (ELS), Equity Commonwealth (EQC), and Covanta Holding Corp. (CVA), and Anixter. In October 2021, Zell had an estimated net worth of US $6.0 billion, according to ''Forbes''. Biography Early life and education Zell was born on September 28, 1941, in Chicago. His parents, Ruchla and Berek Zielonka, were Jewish immigrants from Poland, where his father had been a successful grain trader.Johnson, by Ben EMoney Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam ZellDec 31, 2009 They emigrated to the United States with their young daughter, Leah, via Tokyo. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CVS Pharmacy
CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation from its inception until its current parent company (CVS Health) was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. Its parent company ranks as the fifth largest U.S. corporation by FY2020 revenues in the ''Fortune'' 500. The parent company of CVS Pharmacy's leading competitor (Walgreens) ranked 19th for the same time period. CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CVS Health
CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company's headquarters is in Woonsocket, Rhode Island. History of CVS Consumer Value Stores (CVS) was founded in 1963 by three partners: brothers Stanley and Sidney Goldstein and Ralph Hoagland, who grew the venture from a parent company, Mark Steven, Inc., that helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. To expand, the company joined the Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Of The Mississippi River
Trans-Mississippi was a common name of the geographic area west of the Mississippi River during the 19th century. The area included Arkansas, Louisiana, Missouri, Texas, Indian Territory (now Oklahoma), and many other territories. The term "Trans-Mississippi" was historically used to refer to any land "across the Mississippi" (or the entire western two-thirds of the United States). In 1898, a Trans-Mississippi Exposition was held at Kountze Park (Omaha, Nebraska). Legacy The postage stamps of the Trans-Mississippi Exposition Issue are considered some of the most beautiful stamps ever issued by the United States, and a complete set of the "Trans-Miss" is highly prized. In 1998, a set of stamps using designs derived from the original issue was issued to commemorate its 100th anniversary.{{Citation needed, date=September 2016 See also * Trans-Mississippi Department * Trans-Pecos * Manifest Destiny Manifest destiny was a cultural belief in the 19th century in the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Point-of-sale
The point of sale (POS) or point of purchase (POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically. To calculate the amount owed by a customer, the merchant may use various devices such as weighing scales, barcode scanners, and cash registers (or the more advanced "POS cash registers", which are sometimes also called "POS systems"). To make a payment, payment terminals, touch screens, and other hardware and software options are available. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greeting Card
A greeting card is a piece of card stock, usually with an illustration or photo, made of high quality paper featuring an expression of friendship or other sentiment. Although greeting cards are usually given on special occasions such as birthdays, Christmas or other holidays, such as Halloween, they are also sent to convey thanks or express other feelings (such as condolences or best wishes to get well from illness). Greeting cards are usually packaged with an envelope and come in a variety of styles. There are both mass-produced and handmade versions available and they may be distributed by hundreds of companies large and small. While typically inexpensive, more elaborate cards with die-cuts, pop-ups, sound elements or glued-on decorations may be more expensive. Hallmark Cards and American Greetings, both U.S.-based companies, are the two largest producers of greeting cards in the world today. In Western countries and increasingly in other societies, many people tradit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Drop Ceiling
A dropped ceiling is a secondary ceiling, hung below the main (structural) ceiling. It may also be referred to as a drop ceiling, T-bar ceiling, false ceiling, suspended ceiling, grid ceiling, drop in ceiling, drop out ceiling, or ceiling tiles and is a staple of modern construction and architecture in both residential and commercial applications. History Dropped ceilings and ceiling tiles were used in Japan for aesthetic reasons as early as the Muromachi Period (1337 to 1573).Interview with Matthew Welch, Curator of Japanese and Korean Art, Minneapolis Institute of Arts retrieved January 12, 2014 These could be made with simple planks, or |
Pharmacy
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medicines. It is a miscellaneous science as it links health sciences with pharmaceutical sciences and natural sciences. The professional practice is becoming more clinically oriented as most of the drugs are now manufactured by pharmaceutical industries. Based on the setting, pharmacy practice is either classified as community or institutional pharmacy. Providing direct patient care in the community of institutional pharmacies is considered clinical pharmacy. The scope of pharmacy practice includes more traditional roles such as compounding and dispensing of medications. It also includes more modern services related to health care including clinical services, reviewing medications for safety and efficacy, and providing drug information. Pharmacists, therefore, are experts on drug therapy and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Birmingham, Alabama
Birmingham ( ) is a city in the north central region of the U.S. state of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2021 census estimates, Birmingham had a population of 197,575, down 1% from the 2020 Census, making it Alabama's third-most populous city after Huntsville and Montgomery. The broader Birmingham metropolitan area had a 2020 population of 1,115,289, and is the largest metropolitan area in Alabama as well as the 50th-most populous in the United States. Birmingham serves as an important regional hub and is associated with the Deep South, Piedmont, and Appalachian regions of the nation. Birmingham was founded in 1871, during the post- Civil War Reconstruction period, through the merger of three pre-existing farm towns, notably, Elyton. It grew from there, annexing many more of its smaller neighbors, into an industrial and railroad transportation center with a focus on mining, the iron and steel industry, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
