area grocery chain see shoppers food & pharmacy . this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . april 2008 learn how and when to remove this template message shoppers drug mart corporation type subsidiary industry drugstore retail founded 1962 founder murray koffler headquarters north york toronto ontario canada key people mike motz president products drugs health parent loblaw companies 2014 present subsidiaries murale website www.shoppersdrugmart.ca footnotes references number of shoppers drug mart and pharmaprix stores 1 307 number of home health care stores 56 pharmaprix store shoppers drug mart corporation is a canadian retail pharmacy chain based in north york toronto ontario . 1 it has more than 1 253 stores operating under the names shoppers drug mart in nine provinces and two territories and pharmaprix in quebec . founded by murray koffler the koffler family still retains ownership of the super pharm pharmacy which is in israel poland and china . super pharm uses the same logo as shoppers drug mart created by the artist sylvain liu . it also uses some of the same private label brands such as life brand and quo . in 2013 brampton based loblaw companies acquired shoppers drug mart corporation for 12.4 billion in cash and stock . contents 1 overview 2 history 2.1 acquisition by loblaw companies 3 shoppers optimum 4 advertising 5 references 6 external links overview edit a shoppers drug mart store in sussex new brunswick in addition to its retail formats the company owns and operates several specialty services . this includes 56 shoppers home health care stores which sell and service assisted living devices home care products and mobility and medical equipment ; shoppers drug mart specialty health network a provider of specialty drug distribution pharmacy and comprehensive patient support services and ; medisystem technologies inc. a provider of pharmaceutical products and clinical services to long term care facilities and retirement communities . 2 shoppers drug mart is a unique and independent operating division of loblaw companies limited . history edit a shoppers drug mart in markham . a shoppers drug mart location on dupont street in toronto ontario . shoppers drug mart in a historic building in downtown toronto . at the age of twenty murray koffler inherited two koffler s drugs pharmacies in suburban toronto one in the don mills centre shopping mall . by 1962 koffler s had grown to a chain of 17 pharmacies which he renamed shoppers drug mart in the 1970s . the first store named shoppers drug mart was at shoppers world danforth from which it derived the name . koffler revamped the concept of the 20th century drug store in canada by removing the soda fountain and emphasizing the dispensary requiring his pharmacists to wear starched white coats as a symbol of their professionalism . in the mid 1950s he began acquiring other drug stores and organized them around a then novel franchising concept pharmacist associates would own and operate their own stores within the system and share in the profits . in 1968 shoppers drug mart grew to 52 stores in ontario by merging with 33 plaza drugstores . in 1971 shoppers drug mart purchased 87 cunningham drug stores in british columbia and alberta . the first pharmaprix store opened in 1972 in qu bec . in 1974 lord s supervalue pharmacies 26 stores in atlantic canada joined the shoppers drug mart family . in 1986 shoppers drug mart bought super x drugstores an ontario area chain of 72 stores . in 1992 the company bought up the western canadian chain pinder s drugs and followed this in 1995 with a chain of 24 bi rite drug stores based in western canada . also in 1995 shoppers drug mart acquired 135 big v drugstores . in 1996 the first shoppers home health care store opened . when koffler retired in 1986 he sold the chain to imasco . that same year david bloom a former shoppers drug mart pharmacist was appointed chief executive officer of the company . bloom would lead the organization until retiring in 2001 having devoted a total of 35 years of service to the company . during david bloom s tenure shoppers doubled its number of stores quadrupled its sales and increased profit ten fold . david bloom also launched the shoppers optimum loyalty program in 2000 which quickly became the largest and most successful loyalty program in canada . the optimum program currently boasts over 10 million members in canada . in 2000 after imperial tobacco had been taken over by bat industries formerly british american tobacco shoppers was sold to a consortium of institutional investors including kohlberg kravis roberts & co. kkr bain capital inc. dlj merchant banking partners charlesbank capital partners ontario teachers pension plan cibc capital partners and shoppers drug mart s senior management and pharmacist owners . in 2001 glenn murphy was appointed chairman and chief executive officer of the company . in november of that same year shoppers drug mart corporation was publicly listed on the toronto stock exchange . in 2002 shoppers drug mart introduced its first large format stores with more space a sleek and modern look and a stronger focus on cosmetic products . typically the cosmetics section faces the entrance with the pharmacy counter at the back and a convenience food section called food essentials near the front cash . in most suburban areas this new format takes the form of new or relocated store typically stand alone big box locations as opposed to smaller mall or strip mall locations . in 2003 shoppers drug mart introduced its first beautyboutique setting a new standard for the industry with its open sell display and unbiased approach to customer service in prestige cosmetic retailing . today there are 364 beautyboutiques across the country . on april 26 2007 the 1000th shoppers drug mart store opened in toronto ontario . 3 in recent years the chain has been moving to decrease its reliance on pharmaceutical sales and increase sales of what it calls front of store items such as food and cosmetics . the store claims that in 2012 it increased its market share in food and that 51 % of purchases now come from non pharmaceutical items . 4 acquisition by loblaw companies edit on july 15 2013 loblaw companies announced that it would acquire shoppers drug mart for 12.4 billion pending shareholder and regulatory approval . 5 the deal was approved by the competition bureau on march 21 2014 and completed march 28 2014 . 6 as a result of the merger the chain began to develop synergies with loblaw s grocery stores . most prominently shopper s drug mart locations began to stock products from loblaw s president s choice store brand ; likewise loblaw stores could now stock shoppers life brand products . 7 the shoppers optimum program might be kept or merged with pc plus or pc points within the next 3 years after the sale closes . 8 shoppers optimum edit shoppers optimum is a loyalty card program that is exclusive to shoppers drug mart pharmaprix stores . members collect shoppers optimum points that may be redeemed on purchases within the store . shoppers optimum members receive 10 points for every dollar spent at the store . this excludes the purchase of lottery tobacco products transit tickets and passes prescription items any products containing codeine canada post products and gift cards except shoppers gift cards . 9 events for bonus point collecting and or redemption e.g. 20x the points bonus redemption are regularly held . with loblaw buying shoppers drug mart there are no planned changes to shoppers optimum in favour of pc plus and pc points . 10 advertising edit you re gon na be happy . early mid 1980s everything you want in a drugstore 1980s and the early 1990s take care of yourself 2000 to 2002 your life store 2002 to present french variant vive la vie i.e. long live life to go with its own featured life trade brand . gifts made easy holiday campaign 2006 to present references edit contact us . shoppers drug mart . retrieved on december 7 2012 . head office location 243 consumers rd toronto on m2j 4w8 http corporate.shoppersdrugmart.ca en ca about us our company shoppers drug mart opens its 1 000th drug store in canada . shoppers drug mart corporation . april 26 2007 . retrieved november 4 2010 . http www.canadiangrocer.com top stories shoppers drug mart to build closer ties between food and pharma 20130 loblaw to buy shoppers drug mart for 12.4 b . cbc news . 2013 07 15 . retrieved 2013 07 15 . loblaw companies limited obtains approval from competition bureau and sets closing date for acquisition of shoppers drug mart corporation . 21 march 2014 . loblaw begins integration of shoppers drug mart . the globe and mail . retrieved 2 december 2015 . loblaw to buy shoppers drug mart for 12.4 billion . financial post . 15 july 2013 . retrieved 15 july 2013 . terms and conditions . shoppers drug mart . collection of shoppers optimum points 13 . retrieved 2016 04 23 . loblaw to buy shoppers drug mart for 12.4 b . toronto star . july 15 2013 . retrieved february 18 2015 . external links edit wikimedia commons has media related to shoppers drug mart . shoppers drug mart pharmaprix beautyboutique murale shoppers photo shoppers homehealthcare v t e george weston limited corporate directors a. charles baillie robert dart peter eby phillip farmer anne fraser r. donald fullerton anthony graham mark hoffman allan leighton john makinson robert prichard wendy rebanks galen weston galen weston jr. president s choice brands president s choice president s choice financial pc points pc mobile food or drink brands arnie s bagels brownberry country harvest exact george weston bakeries canada only interbake foods no name wonder bread canada only loblaw companies stores atlantic cash & carry atlantic superstore dominion extra foods fortinos freshmart loblaws maxi no frills provigo real canadian superstore saveeasy shoppers drug mart supervalu t & t supermarket valu mart wholesale club your independent grocer zehrs markets property maple leaf gardens loblaws at maple leaf gardens rights to these brands in the united states are owned by different companies . retrieved from https en.wikipedia.org w index.php title shoppers drug mart & oldid 743478764 categories canadian pharmacy brandscompanies based in north yorkretail companies established in 1962private equity portfolio companieskohlberg kravis roberts companiesloblaw companiescompanies formerly listed on the toronto stock exchangehidden categories articles needing additional references from april 2008all articles needing additional referencescommons category with local link same as on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutsch fran aissimple english edit links this page was last modified on 9 october 2016 at 21 06 . text is available under the creative commons attribution sharealike license ; 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