Industry | Retail |
---|---|
Founded | 1957 |
Defunct | 1995 |
Fate | Acquired by Rite aid |
Successor | Rite Aid |
Headquarters | Pontiac, Michigan, United States |
Key people | Jack A. Robinson - chief executive officer, founder David Schwartz - chief operating officer, president Jerry Stone - chief financing officer, vice president |
Products | Retail, Pharmacy |
Perry Drug Stores was an American retail pharmacy chain founded in 1957 in the city of Pontiac, Michigan, United States. At its peak in the 1980s, Perry operated more than 200 drug stores, primarily in the state of Michigan, as well as 200 Auto Works auto parts stores and fourteen A. L. Price discount health and beauty aids outlets. In 1995, Perry Drug Stores was bought out by Rite Aid, a pharmacy chain based in Camp Hill, Pennsylvania. The Perry chain, which at the time comprised 224 stores, was the largest acquisition ever made by Rite Aid. In addition, this acquisition brought the Rite Aid name to the Detroit area for the first time.