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Peoples Drug
Peoples Drug was a chain of drug stores based in Alexandria, Virginia, a suburb of Washington, D.C.〔(【引用サイトリンク】title=CVS sees lean staff, new prototype in Peoples Drug's future. (Peoples Drug Stores)(includes related information on new store prototype) )〕 Founded in 1905, Peoples was subsequently purchased by Lane Drug in 1975, Imasco in 1984, and finally by CVS in 1990, which continued to run the stores under the Peoples banner until 1994, at which time the stores were converted to CVS, marking the end of the use of the Peoples Drug name.
==History==
Peoples Drug was founded by Malcolm Gibbs in 1905 at 824 7th Street, NW.〔(【引用サイトリンク】title=Streets of Washington: The Once-Ubiquitous Peoples Drug Stores )〕 By 1930, it had 110 stores operating under the Peoples Drugs, Days Drug, and Shearer Drug names. There were variations of the name, with Peoples Service Drug, and Gibbs Peoples Drug being most common.
In 1970, Peoples had 252 stores operating in the District of Columbia, Maryland, Virginia, Pennsylvania, Ohio, West Virginia, North Carolina, South Carolina, Florida, New York, and New Jersey. That year there were 5,500 employees, with sales of $220 million and profits of $1.87 million.〔"Washington Area Boasts Some Large Companies," ''The Washington Post, Times Herald'', Jan 9, 1972, p. N1.〕 By 1975, Peoples had grown to 500 stores. Later in the year, the chain was purchased by Lane Drug of Toledo, Ohio.,〔Barclay, m and Glaab, C, Toledo, Gateway to the Great Lakes, Continental Heritage Press, 1982, Pg. 202 "The Lane Drug Company"〕〔CantonRep.com, May 23, 2009 "Rite Aid's closing is a blow to Canton neighborhood"〕〔Toledo Blade, December 14, 1971 "Lane Drugs to go Public Within Year"〕 The new company retained the Peoples name, and included Lane Drug, Schuman Drug, Dynamic Drug, Health Mart, Reed Drug, and Lee Drug. Lane president Sheldon "Bud" Fantle took over the presidency of the chain and went to work on improving merchandising and customer service at People's. In 1985, two "Bud's Deep Discount Drug Stores" were opened in the Toledo area, with others in the Washington, D.C. metropolitan area. The name "Bud's" was derived from the nickname of Sheldon "Bud" Fantle.〔Toledo Blade, June 13, 1985 "2 Discount Drugstores Will be Built in Toledo"〕 In January, 1987, Mr. Fantle left Peoples and later took control of troubled Dart Drug in Washington DC, renaming those stores Fantle's.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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