TORONTO, Jan. 11 /CNW/ - Shoppers Drug Mart and Pharmaprix today announced that they are opening 10 new drug stores this weekend, five of which are relocations. The new stores are located in the following municipalities:
- Squamish, British Columbia - Winkler, Manitoba - Timmins, Ontario - Huntsville, Ontario (with Beauty Boutique) - Gravenhurst, Ontario - Port Elgin, Ontario - St. Catharines, Ontario - Oshawa, Ontario - St-Jerome, Quebec (with Beauty Boutique) - Loretteville, Quebec (with Beauty Boutique)
In announcing these new store openings, Jurgen Schreiber, President and Chief Executive Officer stated, "Our capital investment and store development program is off to a great start this year. Top-line growth, underpinned by retail development, remains a significant opportunity for our business and accordingly, continues to be one of our top priorities for 2008."
Shoppers Drug Mart Corporation is one of the most recognized and trusted names in Canadian retailing. The Company is the licensor of full-service retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in Quebec). With more than 1,050 Shoppers Drug Mart and Pharmaprix stores operating in prime locations in each province and two territories, the Company is one of the most convenient retailers in Canada. The Company also owns and operates 64 Shoppers Home Health Care stores, making it the largest Canadian retailer of home health care products and services. In addition to its retail store network, the Company also owns MediSystem Technologies Inc., a provider of pharmaceutical products and services to long-term care facilities in Ontario and Alberta.
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