1998 Was a Year of Tremendous Accomplishment

At year-end, we operated 4,122 stores, solidifying our position as the largest drugstore chain in America.

We opened a record 382 new and relocated stores.

We completely remodeled 1,900 Revco stores.

We acquired the Arbor drugstore chain, making us the market leader in metropolitan Detroit, the nation’s 4th largest drugstore market.

We now rank #1 in six of the top ten U.S. drugstore markets.

We filled more prescriptions than any other retailer in America.

Our total sales increased 11.1% to $15.3 billion. Same store sales rose 10.8%, while pharmacy same store sales jumped 16.5%.

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