Kerr Drug
Stage
Acquired | AcquiredRevenue
$0000About Kerr Drug
Kerr Drug was founded by pharmacist Banks Kerr in 1951 and for the past 62 years has served the customers of North Carolina. Kerr Drug is one of the most recognized and respected names in the chain drug industry. With its roots in the Carolinas and headquarters in Raleigh, N.C., Kerr Drug's strategic direction is founded in its unique ability to provide patients, the medical community and health plans access to the most comprehensive and convenient health and wellness offering in the industry. With a mission to be the most comprehensive provider of pharmacy and related health care services, while continuing to be the most reliable provider of health-related and convenience items, Kerr Drug is currently providing services that far exceed the traditional drugstore mix.
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Expert Collections containing Kerr Drug
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Kerr Drug is included in 1 Expert Collection, including Pharma Supply Chain.
Pharma Supply Chain
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Latest Kerr Drug News
Apr 11, 2014
Apr 11, 2014, 8:36am EDT Updated: Apr 11, 2014, 8:47am EDT Bid adieu to Kerr Drug signs Email | Twitter The conversion of all the Kerr Drug pharmacy stores acquired by Walgreens last fall has begun and is expected to be completed by July. Construction contractors across the state have begun remodeling the 54 Kerr Drug pharmacy store locations that Walgreens retained in its $173 million acquisition of Raleigh-based Kerr Drug in November. Walgreens closed about 20 of the Kerr Drug locations after the sale was finalized. Wimco Corp. of Washington, N.C., is one of two general contracting firms chosen to convert the mostly inline shopping center spaces that Kerr Drug occupied in retail centers across North Carolina into Walgreens-branded stores. Wimco has the contract to remodel 31 of the 54 stores with construction being phased out through July. Walgreens is also in the process of converting all of Kerr Drug's customer records into Walgreens accounts and expects to have that process completed in June. At that time, Kerr Drug customers should begin using the Walgreens website and mobile app to manage and refill prescriptions. Amanda Jones Hoyle covers commercial and residential real estate. Follow her on Twitter @TBJrealestate Related links:
Kerr Drug Frequently Asked Questions (FAQ)
Where is Kerr Drug's headquarters?
Kerr Drug's headquarters is located at 3220 Spring Forest Road, Raleigh.
What is Kerr Drug's latest funding round?
Kerr Drug's latest funding round is Acquired.
Who are the investors of Kerr Drug?
Investors of Kerr Drug include Walgreens.
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