Science Fair Project Encyclopedia
Katz Group of Companies
Katz Group Canada
Under its PharmAssist group, it operates:
- Rexall Drug Stores,
- Pharma Plus Drugmarts,
- Medicine Shoppe ,
- Guardian and
- I.D.A. pharmacies.
It also operates Herbie's for Drug and Food and Payless for Drug and Food combination grocery and pharmacy stores.
The Katz Group owns and operates Canada's only national mail order pharmacy business, Meditrust Healthcare Inc., which provides pharmacy operations to over 15,000 lodge and nursing home beds.
Pharma Plus has its origins in the Tamblyn chain of drugs stores, which was owned by Loblaws grocers in the 1970s. Loblaws was unable to compete effectively with market-leader Shoppers Drug Mart, and sold the chain to Boots, the Chemist, of the United Kingdom. Boots was unable to apply its successful British fomula to the Canadian market, and sold the chain to the Oshawa group, another grocery retailer, in 1988, and renamed "Pharma Plus". The chain was later acquired by its management, and now successfully competes with Shoppers.
Snyder Drug is the leading pharmacy in the Twin Cities area in the United States. The company entered Chapter 11 bankruptcy proceedings in 2001 and exited in 2003 as it was forced to liquidate its Drug Emporium chain. The company was founded in 1928 by Max Snyder as a downtown Minneapolis, Minnesota cigar store. It began to sell pharmaceuticals by 1931. It was incorporated as Snyder Drug Store in 1939. The chain has about 60 corporate and about 60 independently-owned stores.
The company sells under the name Snyder Drug Stores and Western Drug.
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