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Home > Company Index > Retail > Drug, Health & Beauty Product Retailing > Phar-Mor, Inc.
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Phar-Mor, Inc. |
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NEWS FROM THE STANDARD |
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HealthCentral Buys Vitamins.com
Mar 16 2000 09:02 AM PST
PROFILE |
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Phar-Mor boasts that its customers pay phar-less than at conventional drugstores and supermarkets. Its Phar-Mor, Pharmhouse, and Rx Place stores sell prescription and over-the-counter drugs, vitamins, health and beauty products, and general merchandise at discount prices. Its Super Phar-Mor stores sell fresh and frozen food. The company operates about 140 stores in 24 states, mostly on the East Coast, and has teamed up with online pharmacy more.com. Phar-Mor entered Chapter 11 in 1992 after discovering an embezzlement scheme by company executives. It closed more than 200 stores and emerged from bankruptcy protection in 1995. Co-CEOs Abbey Butler and Melvyn Estrin own about 40% of Phar-Mor through Avatex Corp.
COMPETITION |
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CVS Corporation (CVS)
Eckerd Corporation (dossier)
Rite Aid Corporation (RAD)
DEALS |
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Deal: Phar-Mor Invests in More.com
Date Announced: 01.25.00
Value of transaction (US $Mil): 0
Description: Discount drugstore chain invests in, enters distribution agreement with health and wellness site.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 1,292.10
1-Yr. Sales Growth: 7.1%
Employees: 6,402
Revenue per employee: $201,827.55
KEY PEOPLE |
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Abbey J. Butler
CEO
Martin S. Seekely
CFO
CONTACT INFO |
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20 Federal Plaza West
Youngstown, OH 44501
US
Phone: 330-746-6641
Fax: 330-740-8018
Online: Web Site
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