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Article: American Drug Stores stays in step with changes at parent. (includes related article on Skaggs family)(1997 CDR State of the Industry Report)(Company Profile)
- Article from:
- Chain Drug Review
- Article date:
- April 28, 1997
CopyrightCOPYRIGHT 1997 Racher Press, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SALT LAKE CITY - American Drug Stores is embarking on a new direction in step with the other divisions of American Stores Co.
As its corporate parent transforms itself from a holding company into an operating company, American Drug Stores is moving aggressively to make its outlets more convenient and build its pharmacy benefits management business (PBM).
The remaking of American Stores, under the rubric of the "Delta Project," entails shifting the company's focus from acquiring and divesting businesses to expanding existing operations. As a consequence, the retailer is more focused on launching new, relocated or enlarged stores than it is on remodeling outlets ...