July 8, 2014

Facing a “highly competitive market,” Canadian pharmacy retailer the Jean Coutu Group reported on Tuesday a slight increase in first-quarter revenues and a 0.1% lift in same-store sales.
 

July 8, 2014

Canada’s pharmacy retailer the Jean Coutu Group is optimistic about the expanded role of pharmacists in Quebec under Bill 41.

June 9, 2014

The Jean Coutu Group has kicked off the construction of its future headquarters and distribution center in Varennes, Quebec. The official groundbreaking ceremony was held on Friday.

January 9, 2014

The Jean Coutu Group posted a boost in third-quarter net profits as revenues decreased largely because of the growth in generic drug prescriptions.

November 26, 2013

The Jean Coutu Group is looking to bolster holiday sales and make shopping even easier this holiday season with the launch of an e-store window inside the Longueuil Metro Station.

October 9, 2013

The Jean Coutu Group reported sales of C$653.8 million in second quarter 2014, compared with C$658.7 million in second quarter 2013.

July 18, 2013

In a filing with the Securities and Exchange Commission Wednesday, the Quebec-based pharmacy retailer announced that it would sell 65.4 million shares in Rite Aid at a price of $183.1 million.

July 9, 2013

Canadian pharmacy chain The Jean Coutu Group, which operates a network of 407 franchised stores in Quebec, New Brunswick and Ontario, reported a drop in net income in its first quarter, largely due to much smaller gains from the sale of Rite Aid shares versus the year-earlier period, the company stated.

April 16, 2013

The Jean Coutu Group sold 72.5 million of its 178.4 million shares of Rite Aid stock, according to a Securities and Exchange Commission filing Monday and company announcement Tuesday.

December 10, 2012

The Jean Coutu Group recently announced that it is acquiring a 50% stake in Le Groupe Médicus, which specializes in orthotic and prosthetic devices.

July 19, 2012

The Jean Coutu Group has added a new member to its board of directors.

April 20, 2012

The Jean Coutu Group has sold 56 million of its approximately 234.4 million shares in Rite Aid, the company said Friday.

May 23, 2011

The Jean Coutu Group has announced that it now is offering a photo boutique on its iPhone application, which enables users to have photos printed through a smartphone.

November 18, 2010

The Jean Coutu Group may be only biding its time before making another go at...