Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees.[2]
History
Rexall was founded in 1904 during the early days of the United Drug Company and quickly established itself as a major retail pharmacy chain. At the same time, Tamblyn Drugs was establishing itself in Toronto, Ontario, and would eventually become Pharma Plus. These two companies would later merge to form the Rexall Pharmacy Group.[3]
McKesson Canada purchased Rexall in December 2016 for $3 billion from the Katz Group of Companies.[4] At the time, it was estimated that Rexall had an average annual revenue of approximately $2.0 to $2.5 billion.[5]