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reported that McKesson had begun exploring the possibility of selling Rexall to potential buyers. On
September 5, 2024, Birch Hill Equity Partners announced that it has signed a definitive agreement with McKesson Corporation to acquire Rexall Pharmacy Group.
288:. In May 2020, Rexall discontinued its partnership with Air Miles as a loyalty program at its stores and created its own loyalty program called Be Well, with which customers can collect points in order to redeem in-store items, similar to Air Miles.
266:. At the time, it was estimated that Rexall had an average annual revenue of approximately $ 2.0 to $ 2.5 billion. Around this period, one of the major rival pharmacies in Canada was
239:. Rexall is owned by Birch Hill Equity Partners, a Canadian private equity firm. Founded in 1904, Rexall has approximately 385 pharmacies across Canada with 8,000 employees.
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and quickly established itself as a major retail pharmacy chain. At the same time,
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McKesson Canada purchased Rexall in
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Rexall was founded in 1904 during the early days of the
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341:"Birch Hill – Equity Partners"
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436:Shaw, Hollie (2016-03-03).
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389:"Rexall.ca | Company"
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512:2020-09-22
492:2022-09-08
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302:References
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73:Trade name
282:Air Miles
140:, Canada
106:pharmacy
98:Industry
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243:History
207:.rexall
200:Website
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