Albertsons, Inc.
During 1999, the drugstore operations division and general merchandise procurement functions were moved from Salt Lake City, Utah to Scottsdale, Arizona operating as Albertsons Drug Region.
In 2002, Albertsons sold its 84 free-standing Osco Drug stores in Massachusetts, New Hampshire and Maine to the Jean Coutu Group, a Canadian drugstore company. Jean Coutu rebranded the acquired Osco stores as Brooks Pharmacy. Also in 2002, Albertsons, due to financial difficulties, closed several of its stores across the country including all stores in the Des Moines, Iowa metro market.
In March 2005, Albertsons re-introduced the Osco brand name to the New England region by way of its Shaw's and Star Market pharmacies.
Read more about this topic: Osco Drug