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Home > Company Index > Retail > Drug, Health & Beauty Product Retailing > The Jean Coutu Group (PJC) Inc.

The Jean Coutu Group (PJC) Inc.
 PROFILE
The Jean Coutu Group (PJC) sells both aspirin and aspirine. The drugstore owner and franchisor straddles the Canada-US border (sales are split almost evenly between Canadian and US operations). It operates some 250 franchised stores and some 40 PJC Clinics, primarily in Quebec. It also owns the 250-store Brooks Pharmacy chain, which operates in seven northeastern US states. PJC is the #2 drugstore company in Canada (behind Shopper's Drug Mart). The company has announced plans to spend $1 billion for expansion in the eastern US. Co-founder, chairman, and CEO Jean Coutu owns about 60% of the company and 95% of its voting stock.

 COMPETITION
CVS Corporation (CVS)
The Katz Group (dossier)
Shoppers Drug Mart Inc. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: May
2000 Sales (mil.): 1,721.70
1-Yr. Sales Growth: 10.9%
Employees: 6,275
Revenue per employee: $274,374.50

 KEY PEOPLE
• Jean Coutu
    CEO
• Carole Bouthillette
    CFO

 CONTACT INFO
530 Bériault St.
Longueuil Quebec J4G 1S8, Canada
Phone: 1-450-646-9760
Fax: 1-450-646-5649
Online: Web Site

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