drugstore.com is an Internet retailer in health and beauty care products. Its web operation was launched on February 24, 1999, and closed on September 30, 2016 after it was acquired by Walgreens in March 2011 for $ 409 million.
In June 1999, Rite Aid held a ten-year strategic relationship with Drugstore.com that allows Drugstore.com customers to take prescriptions at Rite Aid stores, and allows Drugstore.com to sell Rite Aid products, as well as vitamins from retailers. General Nutrition Center (GNC). On September 3, 2008, Drugstore.com amended and restated the main agreement and supply agreement and pharmaceutical service dated June 17, 1999 between Rite Aid and Drugstore.com. Through the agreement with Rite Aid, Drugstore.com has access to Rite Aid customers through the RiteAid.com website and Rite Aid online store, which is supported by the Drugstore.com website. Drugstore.com ended its procurement deal with Amazon.com in 2005. In addition to the Drugstore.com website, the company also manages storefronts at Beauty.com, VisionDirect.com, Lensmart.com, Lensworld.com, and Lensquest.com.
It's headquartered at 411 108th Ave. NE, Suite 1600; Bellevue, WA 98004; (425) 372-3200.
Its customer service centers are located in Bellevue, Washington, and Halifax, Nova Scotia.
DS Distribution, Inc., located at the Pureland Industrial Complex in Logan Township, New Jersey, is a wholly owned subsidiary responsible for the distribution of OTC products, beauty.com products and Custom Nutrition Services (CNS) products. The VisionDirect.com product distribution is from the center in Logan Township, New Jersey. The recipe is handled by Walgreens.
It has an "FSA store" containing items that may be eligible for purchase using a flexible medical expense account, and with a health reimbursement account or health savings account as well. This in turn led to the discovery of the first inventory approval information system (IIAS) in 2005; it was not used in brick-and-mortar retail until 2006 by Walgreens. Under the provisions of the Internal Revenue Service 2006, IIAS must be installed by every grocery store, discount store, and Internet pharmacy that received OJK debit cards by the end of 2007, and by most chain pharmacies by the end of 2008.
On December 27, 2009, Drugstore.com announced plans to acquire Salu Inc., SkinStore.com operator, for $ 36 million. The transaction was completed on February 19, 2010.
On March 24, 2011, Drugstore.com was acquired by Walgreens for $ 409 million.
On July 28, 2016, Walgreens said it would close Drugstore.com, as well as Beauty.com, to focus on Walgreens.com's own website.
Video Drugstore.com
References
Maps Drugstore.com
External links
- Drugstore.com EDGAR Archiving History
- Drugstore.com website
- Hoovers Factsheet
Source of the article : Wikipedia
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