Content about Jean Coutu Group

December 2, 2013

Canada's Jean Coutu Group is helping to bolster holiday sales with the launch of its "e-store window" inside the Longueuil Metro Station. Commuters will be able to shop a wall of deals using their smartphones with delivery before Dec. 24.

It's not really an example of thinking outside the box, as much as it's eliminating the concept of a box altogether. It's an extension of the Jean Coutu brand name into a space typically associated with billboard-style advertising, only stoppers-by can shop the space as easily as they do in the store or online.

October 30, 2013

Nicole by OPI has launched for holiday two new gift sets featuring nail lacquers inspired by actress and singer Selena Gomez.

October 9, 2013

The Jean Coutu Group reported sales of C$653.8 million in second quarter 2014, compared with C$658.7 million in second quarter 2013.

July 23, 2013

François Coutu has resigned from Rite Aid's board, effective Oct. 31, 2013, Rite Aid said in a filing with the Securities and Exchange Commission.

July 18, 2013

In a filing with the Securities and Exchange Commission Wednesday, the Quebec-based pharmacy retailer announced that it would sell 65.4 million shares in Rite Aid at a price of $183.1 million.

July 9, 2013

Canadian pharmacy chain The Jean Coutu Group, which operates a network of 407 franchised stores in Quebec, New Brunswick and Ontario, reported a drop in net income in its first quarter, largely due to much smaller gains from the sale of Rite Aid shares versus the year-earlier period, the company stated.

June 27, 2013

Canadian retail pharmacy chain the Jean Coutu Group continued offloading its shares in Rite Aid as it announced Wednesday the sale of 72.5 million shares in the Camp Hill, Pa.-based drug store chain.

May 30, 2013

Canadian retail pharmacy operator the Jean Coutu Group will spend nearly $200 million to relocate its headquarters and distribution center, the company said.

April 18, 2013

Rite Aid board member Michel Coutu has resigned, effective Wednesday, according to a Securities and Exchange Commission filing.

April 16, 2013

The Jean Coutu Group sold 72.5 million of its 178.4 million shares of Rite Aid stock, according to a Securities and Exchange Commission filing Monday and company announcement Tuesday.

July 11, 2012

Canadian retail pharmacy operator the Jean Coutu Group posted big increases in sales and profits that stemmed in large part from its sale earlier this year of much of its stake in U.S. retail pharmacy chain Rite Aid.

May 3, 2012

Rite Aid reported a 2.9% increase in same-store sales for the month of April, the company said in a monthly sales report Thursday.

April 20, 2012

The Jean Coutu Group has sold 56 million of its approximately 234.4 million shares in Rite Aid, the company said Friday.

October 4, 2011

Jean Coutu Group on Tuesday reported revenue of 635.2 million Canadian dollars (US $598.5 million) during the second quarter ended Aug. 27, an increase of 1.5%.

January 12, 2011

Katz Group Canada is withholding comment on a report in the Edmonton Journal Wednesday that speculated on the potential sale of the Canadian drug store giant.

November 18, 2010

The Jean Coutu Group may be only biding its time before making another go at...

October 4, 2010

The Jean Coutu Group on Tuesday reported revenues of $611.4 million, up 2.2%, for its...

July 5, 2010

The Jean Coutu Group on Tuesday reported a 3.8% increase in revenues to $611.6 million...

January 22, 2009

Canada’s most powerful pharmacy retailers have grown powerful in a relatively stable competitive arena, but...

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