Katz Group of Companies - Snyder Drug

Snyder Drug

Snyder Drug is a pharmacy chain based in the Minneapolis-Saint Paul region of the United States. The company entered Chapter 11 bankruptcy proceedings in 2001 and exited in 2003 as it was forced to liquidate its Drug Emporium chain. The company was founded in 1928 by Max Snyder as a downtown Minneapolis, Minnesota cigar store. It began to sell pharmaceuticals by 1931. It was incorporated as Snyder Drug Store in 1939. The chain has about 60 corporate and about 60 independently-owned stores.

The company sells under the name Snyder Drug Stores. Western Drug was sold to CVS/pharmacy in the summer of 2008 and or closed. In early 2009 Snyder's closed 20 stores. The stores' script files were sold to other companies. Snyder's still operates a handful of stores.

It was announced on January 13, 2010 that all Snyder stores were being sold to Walgreens at the end of the month. Walgreens said they will continue to operate most stores while closing some and transferring the prescription records to nearby Walgreens stores.

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