An investment of $1,100,000 was needed to realize the project.
Longueuil, August 21, 2012 – The Jean Coutu Group (PJC) inc. (“the Jean Coutu Group”) inaugurated today the PJC Jean Coutu network’s 400th store located on Saint-Laurent Bvld. in Montreal, in the Crémazie sector. This official opening was held in the presence of the pharmacist owner, Fatima Ait-Addi, as well as many guests and customers.
Thanks to an investment of $1,100,000, the 11,075 square feet drugstore, which will employ 40 persons, was designed and fitted out according to the latest PJC Jean Coutu concept.
Over the years, the Jean Coutu Group has evolved with the changes shaping the industry and has always adapted its concept to the new market trends and the needs of its customers. With 400 drugstores, the PJC Jean Coutu network is a leader in the retail pharmacy sector in Quebec.
“Maintaining our growth and keeping our position of leadership is essential. We are proud to bring into our network a new store that was laid out according to a state-of-the-art concept that will satisfy our customers by offering them a friendly shopping experience in an environment that is both modern and warm,” declared François J. Coutu, President and Chief Executive Officer.
Customers will benefit from a prescription counter and pharmacy department at the leading edge of technology, a Passion for Beauty Boutique dedicated to cosmetics as well as a Photo Boutique featuring digital printing kiosks. A home delivery service and a postal counter are also provided.
About The Jean Coutu Group
The Jean Coutu Group is one of the most trusted names in Canadian pharmacy retailing. The Corporation operates a network of 400 franchised stores located in the provinces of Québec, New Brunswick and Ontario under the banners of PJC Jean Coutu, PJC Clinique, PJC Santé and PJC Santé Beauté, and employs close to 19,000 people. Furthermore, the Jean Coutu Group owns Pro Doc Ltd ("Pro Doc"), a Québec-based subsidiary and manufacturer of generic drugs. The Corporation also holds an investment in Rite Aid Corporation ("Rite Aid") a national chain of drugstores in the United States with more than 4,600 drugstores in 31 states and the District of Columbia.