Drug-Induced Death
or
Unchained Malady
Jack Eckerd, the founder of the chain drugstore bearing his name, died last Wednesday at age 91. He took a chain of 3 stores in Florida in 1952, turning them into 465 Eckerd’s stores in 10 states with 12,000 employees in the next 20 years. Evidently, Floridians appreciated his business, but not his politics, as he had two failed runs for governor and one failed run for U.S. Senator in that state. In 1996, J.C. Penney bought the chain; in February, a deal was finalized wherein CVS would take over the now 2,600-store chain.
(Props to Monty on special assignment)
Unchained Malady
Jack Eckerd, the founder of the chain drugstore bearing his name, died last Wednesday at age 91. He took a chain of 3 stores in Florida in 1952, turning them into 465 Eckerd’s stores in 10 states with 12,000 employees in the next 20 years. Evidently, Floridians appreciated his business, but not his politics, as he had two failed runs for governor and one failed run for U.S. Senator in that state. In 1996, J.C. Penney bought the chain; in February, a deal was finalized wherein CVS would take over the now 2,600-store chain.
(Props to Monty on special assignment)
Labels: Corporate America, Eponymous
posted by The Grim Reaper at 11:53 PM
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