Brooks Pharmacy
Brooks Pharmacy was a chain of more than 330 pharmacies located throughout New England and New York and was a well-recognized name in the New England pharmacy industry for several decades. The corporate headquarters were located in Warwick, Rhode Island.
| Company type | Pharmacy |
|---|---|
| Founded | 1932 |
| Defunct | June 4, 2007 |
| Fate | Acquired by Rite Aid |
| Headquarters | Warwick, Rhode Island, U.S. |
Key people | Mary Sammons, President and CEO |
| Parent | Brooks Eckerd |
During its heyday in the late 1990s and early 2000s, Brooks was one of the premier regional drug chains in the United States, and was the second largest drug chain in New England, maintaining an especially strong presence in the states of Vermont, New Hampshire, and Rhode Island. In 2002, Brooks was recipient of the 2002 Rex Awards Regional Chain of the Year.
However, Brooks faced many difficulties between 2004 and 2006, as its parent company struggled unsuccessfully to integrate 1,500 Eckerd stores acquired from J.C. Penney with the existing Brooks network, resulting in a steady loss of market share and lagging same-store sales as CVS and Walgreens continued to expand and solidify their store base in the New England region. On June 4, 2007, Brooks Pharmacy officially announced the sale of the pharmacy to Rite-Aid Pharmacy. The Brooks trade name, long associated with New England drug retailing, was retired.