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Jack Eckerd
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==Career== Starting in the 1950s, he transformed his family's retail drugstore business into one of the leading self-service drugstore chains in the United States, [[Eckerd Drugs]]. His personal finances were estimated in 1975 by ''[[Forbes]]'' magazine at $150 million. The Eckerd chain, oldest of the major drugstore companies in the U.S., was founded by Jack's father, J. Milton Eckerd, in [[Erie, Pennsylvania]], in 1898. After serving as a pilot in [[World War II]], Jack Eckerd started a phenomenal expansion of the chain by buying three stores in [[Florida]] in 1952. The company went public as Jack Eckerd Corp. in 1961 and when Eckerd sold his shares in 1986, there were about 1,500 stores. The chain was later sold to [[J.C. Penney]], who built the number of stores to 2,600 before selling to rivals [[CVS Corporation|CVS]] and [[Jean Coutu Group|Jean Coutu]]. Stores in ten states from Florida west to Arizona became CVS; the stores from Georgia north to New York continued as Eckerd Corporation, run by Jean Coutu's US arm along with its New England–based [[Brooks Pharmacy|Brooks]] chain. In July 2007 Coutu's 1,549 Eckerd stores across the Mid-Atlantic and New England became part of the [[Rite Aid]] drugstore chain, finally ending more than a century of the Eckerd name in drug retailing.
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