Park Pharmacy sells stores to CVS

Drug Store News,  Dec 15, 2003  

• E-mail
• Print
• Link

GOSHEN, Ind. -- Goshen Health System has agreed to sell its four Park Pharmacy stores in Indiana to CVS for an undisclosed sum.

The stores in Nappanee, Goshen and Syracuse closed at the top of the month. The store in Middlebury will remain open and will be operated by Park Pharmacy through next month. "New technology, Internet sales and competition from national chains have impacted our customer base and created an uncertain economic future," the company noted.

The company stated that the sale does not affect its Park Home Medical Equipment or the Park Boutique at The Retreat facilities, which will remain fully operational.

COPYRIGHT 2003 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2008 Gale, Cengage Learning