Jean Coutu Flyer Group, a subsidiary of METRO Inc., oversees METRO’s pharmaceutical activities and offers franchise establishments a range of technical and professional support and support services, as well as supply, storage and delivery of pharmaceutical and parapharmaceutical products and everyday consumer items.
The origins of the Jean Coutu Group date back to 1969, when a first establishment was opened by the founder of the company, Mr. Jean Coutu.
The latter has designed an innovative formula for the pharmaceutical and parapharmaceutical retail sector based on the discount sale of a wide range of products, quality of service and long opening hours.
Over the years, the Jean Coutu Group has evolved in step with the changes that have occurred in the profession of pharmacist and in the field of retail management. From its inception, the Jean Coutu Group has adapted to new market trends in order to meet the expectations of its customers. From the appearance of patented drugs to the establishment of the drug insurance plan in Quebec, including the appearance of big box stores, the latter has updated its activities to always remain a leader in the industry. .
Finally, the history of the Jean Coutu Group is inseparable from the rise of Quebec entrepreneurship which, in a few decades, has carved out an enviable place in several sectors of commercial and industrial activity and, thanks to its innovation and its daring is now making its mark on North American and world markets.
2018: On April 23, 2018, METRO obtains the approval of the Competition Bureau to acquire the Jean Coutu Group (PJC) inc. The Jean Coutu weekly flyers Group becomes a wholly owned subsidiary of METRO, which will consolidate all of its operations in the pharmaceutical sector.
On May 11, 2018, METRO and the Jean Coutu Group closed the transaction.
On May 29, 2018, the Investor Relations section of the Jean Coutu Group site was consequently withdrawn. All continuous disclosure documents published by the Jean Coutu Group before this date are available on the SEDAR website at www.sedar.com.
A survey carried out by the firm Léger Marketing places the Jean Coutu Group second among the companies most admired by Quebecers and first for retail. According to the same survey, the Jean Coutu Group is the most popular company among millennials.
The Jean Coutu Flyer Group occupies the number one position among the best employers in Quebec, according to Indeed.
2019: Mr. Jean Coutu joins the Cercle des Grands entrepreneurs du Québec; a distinction awarded to exceptional entrepreneurs who have contributed to the dynamism and influence of entrepreneurship as well as to the economic development of Quebec.
A survey carried out by the firm Léger Marketing places the Jean Coutu Group third among the companies most admired by Quebecers and third in the employer brand ranking. The Jean Coutu Group takes 2nd position in the ranking of Best Employers in Quebec according to Indeed.
On June 2, the Jean Coutu Group celebrates its 50th anniversary.
François J. Coutu retires and hands over the presidency to Alain Champagne.