Shoppers Drug Mart flyer., known as Pharmaprix in Quebec, is a Canadian pharmacy and drug store chain. The company headquarters are in Toronto.
In addition to medicines, drugstore items, medical devices and aids, Shoppers Drug Mart also offers home care services.
The company was founded in 1962 by Murray Koffler. In 1983, Koffler sold Shoppers Drug Mart to the Canadian company Imasco. In 2000, the company was sold to a consortium of investment companies (including Kohlberg Kravis Roberts & Co. (KKR) and Bain Capital).  In 2013 Loblaw Companies took over the company for the equivalent of 9.1 billion euros.  The company was temporarily listed in the S & P / TSX 60 stock index on the Toronto Stock Exchange.
Murray Koffler, a pharmacist, inherited from his father two pharmacies in the Toronto, Ontario area. In 1962, he had extended this network to 17 stores and dreamed that it was possible to set up a group of pharmacies of national scope without sacrificing the personalized service offered by the pharmacist in his community. He names his chain Shoppers Drug Mart weekly flyer.
Its pharmacies then followed the concept of the American “drugstore” with a prescription section and another with a soda counter. It eliminates that counter and emphasizes prescription service while introducing everyday product shelves. He continues to acquire pharmacies but develops the concept of franchise by encouraging pharmacists who own their own establishment to join his chain. Shoppers Drug Mart flyer has thus become a group of pharmacist-owners.
To expand, Shoppers Drug Mart acquired Cunningham Drug Stores Ltd in British Columbia in 1970 and other chains in Canada.
In Quebec, to comply with the Charter of the French language, the stores are called Pharmaprix flyers. In 1983, Koffler retired and the chain was sold to Imasco, previously Imperial Tobacco, the largest tobacco company in Canada.
Between 1983 and 2001, chain president David Bloom introduced private labels like Life, Quo and Rialto as well as the Optimum loyalty program. In 2000, was sold to a consortium of investors including Kohlberg Kravis Roberts & Co. (KKR), Bain Capital, Inc., DLJ Merchant Banking Partners, Charlesbank Capital Partners LLC, the Teachers’ Pension Plan of the Ontario, CIBC Capital Partners, as well as directors and pharmacist-owners of Pharmaprix.
On April 27, 2007, Pharmaprix opened its thousandth point of sale. This one is in the Toronto area.
Canadian grocery giant Loblaw announced on July 15, 2013 that it was getting its hands on Shoppers Drug Mart, better known as Pharmaprix in Quebec. The amount of the transaction is estimated at $ 12.4 billion
On January 31, 2018, the Shoppers Optimum and Pharmaprix Optimum points program (in Quebec) ends to make way for the new PC Optimum program. This new program is in fact a merger of the Shoppers Optimum program (in Quebec: Pharmaprix Optimum) and that of PC Plus.
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